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eDiets.com(R) Receives NASDAQ Notice Regarding Market Value of Listed Securities
Date:4/3/2009

FORT LAUDERDALE, Fla., April 3 /PRNewswire-FirstCall/ -- eDiets.com, Inc. (Nasdaq: DIET), a leading provider of convenient at-home diet, fitness and healthy lifestyle solutions, today announced that it received a notice from the NASDAQ Stock Market indicating that the market value of the Company's listed securities has fallen below $35 million, the minimum level required for listing on the NASDAQ Capital Market, in compliance with NASDAQ Marketplace Rule 4310(c)(3)(B). The Company will have until June 30, 2009 to regain compliance by establishing a market value of listed securities of at least $35 million for a minimum of 10 consecutive business days, in accordance with Marketplace Rule 4310(c)(8)(C). The Company may appeal and request a hearing before the NASDAQ Listing Qualifications Panel for a further extension if they cannot be in compliance by June 30, 2009. The common stock would continue to be listed at least until the conclusion of the appeal process.

Additionally, the notice from the NASDAQ Stock Market indicated that the Company does not comply with Marketplace Rules 4310(c)(3)(A) or 4310(c)(3)(C), which require minimum stockholders' equity of $2.5 million or net income from continuing operations of $500,000 in the most recently completed fiscal year or in two of the last three most recently completed fiscal years.

The Company will explore every option available to address their current listing options.

About eDiets

eDiets.com, Inc. is a leading provider of personalized nutrition, fitness and weight-loss programs. eDiets currently features its award-winning, fresh-prepared diet meal delivery service as one of the more than 20 popular diet plans sold directly to members on its flagship site, www.eDiets.com. The company al
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SOURCE eDiets.com, Inc.
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