Date:8/12/2009

2009 2008 2009 2008 ---- ---- ---- ---- Net loss $(2,638) $(3,128) $(5,475) $(8,253) Interest income, net - (10) (2) (52) Interest expense on secured notes 740 453 1,438 840 Amortization of secured notes 500 254 952 515 Income tax provision 11 33 17 1 Depreciation 396 391 799 690 Amortization of intangibles 97 237 275 529 Stock-based compensation 306 290 693 758 Bad debt (recovery) expense (14) 64 21 89 Severance charges 82 26 220 35 -- -- --- -- Adjusted EBITDA $(520) $(1,390) $(1,062) $(4,848) ===== ======= ======= =======

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 of sales and marketing efforts; loss of market share and pressure on prices resulting from competition; significant investments in our technology platfor
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SOURCE eDiets.com Copyright©2009 PR Newswire. All rights reserved

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