Business Services Industry
eDiets.com to Report Fiscal Fourth Quarter 2004 Results on Thursday, February 24, 2005
Business Wire, Feb 10, 2005
DEERFIELD BEACH, Fla. -- eDiets.com(R), Inc. (NASDAQ:DIET), a leading online diet and healthy living destination, announced today that it expects to report results for its fiscal fourth quarter and full year ended December 31, 2004, before the U.S. equity markets open on Thursday, February 24, 2005.
The company will host a conference call for investors beginning at 10:30 a.m. Eastern Time on Thursday, February 24th. Participants may access the call by dialing 888-282-0172, passcode 'eDiets.' International participants may access the call by dialing 773-756-4712, passcode 'eDiets.' Alternatively, participants may access the webcast via the company's Web site at www.eDiets.com/investors.
> An audio replay will be available through Friday, March 11, 2005. To access the replay, please dial 203-369-1741. The webcast will also remain accessible via the company's Web site at www.eDiets.com/investors.> About eDiets.comeDiets.com, Inc. (NASDAQ:DIET) the premier online diet, fitness, and healthy living destination offering professional advice, information, products and services to those seeking to improve their health and longevity. Since 1997 and as of September 30, 2004, over 1.8 million consumers worldwide have become eDiets.com members. Among other honors and awards received, eDiets.com has been named a Forbes spring 2004 "Best of the Web" in the diet and nutrition category, and a PC Magazine "Editors' Choice" in May 2004.
eDiets.com offers more than 20 personalized online programs including the Atkins Nutritional Approach(TM), The Slim-Fast(R) Optima Diet, Bill Phillip's Eating for Life, Trim Kids(R), and more than a dozen proprietary Healthy Living plans for those with special needs, including the "Living With Diabetes" and the eDiets.com "HeartSmart" plans. The revolutionary eDiets.com/Solutions(SM) program gives all dieters, whether dieting on their own or following a formal plan, support to help them succeed, with exclusive access to its wide range of award-winning expert and peer-based online support services, including Online/Anytime Meetings(SM) that provide on-demand expert guidance and inspiration in a streaming video format, among other resources.
Founded in 1996 and headquartered in Deerfield Beach, FL, eDiets.com operates Web sites at www.eDiets.com and www.eFitness.com, and publishes one of the Internet's leading electronic newsletters with an opt-in circulation base of over 13 million subscribers. eDiets.com also owns eDiets Europe Ltd. ("eDiets Europe"), which operates www.eDietsUK.com in Ireland and the United Kingdom, www.eDiets.de in Germany, and www.eDiets.com.es in Spain. eDiets Europe has also entered into an exclusive licensing agreement with Tesco.com, the world's largest online grocer and a wholly owned subsidiary of Tesco plc (LSE:TSCO), to use eDiets.com's personalized diet technology in the U.K. and Rep. of Ireland.
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 of the Company to be materially different from those which may be expressed or implied by such statements. These risks and uncertainties include, among others, that the Company will not be able to obtain sufficient outside financing, when and if required, on acceptable terms, 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, volatility in the advertising markets targeted by the Company, the termination of contractual relationships with the Company's brand partners which license certain brand components and other proprietary information to the Company in the creation and branding of the Company's subscription programs, and the outcome of litigation pending against the Company. For additional information regarding these and other risks and uncertainties associated with eDiets.com's business, reference is made to the Company's Annual Report on Form 10-KSB for the year ended December 31, 2003, and other reports filed from time to time with the Securities and Exchange Commission. All forward-looking statements are current only as of the date on which such statements are made. The Company does not undertake any obligation to publicly update any forward-looking statements.
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