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eDiets.com(R) Announces Q4 and Year End 2007 Results
Date:3/4/2008

tend for adjusted EBITDA to be considered in isolation or as a substitute for any GAAP measure. Adjusted EBITDA, as presented, may not be comparable to similarly titled measures of other companies.

Three Months Ended Year Ended

December 31, December 31,

2007 2006 2007 2006

Net (loss) income $(4,212) $(209) $(9,408) $(4,100)

Interest, net 460 (39) 520 (199)

Income tax (benefit) provision (26) 12 171 66

Depreciation 261 262 1,020 969

Amortization of Intangibles 305 301 1,213 760

Impairment of goodwill and

intangible assets 2,296 - 2,296 -

Stock-based compensation 537 455 1,705 1,324

Discontinued operations - 141 - 453

Loss on disposition of fixed

assets - 257 175 272

Severance Charges 14 - 88 475

Adjusted EBITDA $(365) $1,180 $(2,220) $20

Safe Harbor Statement

Statements which are not historical in nature are forward-looking statements. Forward-looking statements involve known and unknown risks and uncertainties which could cause the actual results, performance or achievements to be materially different from those which may be expressed or implied by such statements. These risks and uncertainties include, among others, that we will not be able to obtain sufficient and/or acceptable outside financing (when and if required); changes in general economic and business conditions; changes in product acceptance by consumers; a decline in the effectiveness
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SOURCE eDiets.com, Inc.
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