'Best Practices' Discussion at Jupiter Internet Planet Conference Will Highlight Company's Success in Selling Content OnlineDEERFIELD BEACH, FL, Jun. 15, 2004 (MARKET WIRE via COMTEX) -- eDiets.com, Inc. (NASDAQ: DIET), a leading online diet and healthy
living destination, today announced that it will participate in the
Jupiter Internet Planet Conference & Expo, being held at the Hilton
New York. At 3:10 p.m. Eastern today, Alison Tanner, chief strategist
for eDiets.com, will present as part of a panel discussion
highlighting 'best practices' in selling content online. During her
presentation, Tanner will provide an update on the company's recent
adoption of television advertising to drive customers to its Web
site.
At the end of the first quarter of fiscal 2004, eDiets.com announced
that it had begun testing television advertising as part of its
longer-term strategy to accelerate growth by acquiring new customers
through multiple media channels. Historically, eDiets.com has relied
almost exclusively upon online advertising in its efforts to attract
new subscribers. The company's preliminary estimates for its fiscal
second quarter ending June 30, 2004, suggest total ad spending will
be approximately $11 million, with television ad spending
representing approximately $3 million of that total.
"While our overall cost to acquire a member in the second quarter did
not change significantly compared to the prior quarter, results from
our initial television advertising campaigns have been encouraging and
have exceeded the performance of some of our online ad buys," said
David Humble, chief executive officer of eDiets.com. "It is clear
that television has the potential to become a significant channel for
us to acquire new members, with economics that we expect will improve
over time as we optimize our spending mix."
About eDiets.com™
eDiets.com is the Internet's premier one-stop online diet and healthy
living destination offering professional advice, information,
products and services to consumers seeking to improve their nutrition
and fitness, live healthier, and live longer. Over 1.5 million
consumers worldwide have become eDiets.com members since 1997.
Throughout 2004, Nielsen//NetRatings ranked eDiets.com as the #1 Most
Trafficked Health, Fitness & Nutrition Site, Forbes named eDiets.com
"Best of the Web" in the diet and nutrition category and PC Magazine
selected eDiets.com as its "Editors' Choice."
eDiets.com offers 18 personalized online programs including the
Atkins Nutritional Approach™ , The Zone Diet, Shape Up!™
inspired by Dr. Phil McGraw's book, "Ultimate Weight Solution,"
Slim·Fast® , the Perricone Nutritional Face Lift™, Bob Greene's
"Get With The Program!," the eDiets.com Alternative to Jenny Craig,
and more than a dozen specialized Healthy Living programs for those
with special needs, including the Living With Diabetes, Low Sodium,
Hypoglycemia/Low Sugar, Lactose/Dairy Free, Heart Smart and
Cholesterol Lowering plans. eDiets.com subscribers enjoy a wide range
of custom-tailored nutrition, fitness, support, motivation and/or
other services, including Online Anytime Meetings providing members
with on-demand expert guidance and inspiration and over 100
topic-specific support boards and chat rooms for one-on-one
motivation.
Dieting is a $30 billion market with established brands such as Jenny
Craig®, Weight Watchers® and several regional brands. Founded in 1996,
eDiets.com is a public company (NasdaqSC: DIET) headquartered
in Deerfield
Beach, FL. that operates Web sites at www.eDiets.com
and www.eFitness.com,
publishes and distributes one the Internet's leading electronic
newsletters
with an opt-in circulation base over 13 million, and holds
affiliations
with www.eDietsUK.com
in Ireland and the United Kingdom, www.eDiets.de
in
Germany and www.eDiets.com.es
in Spain.
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, 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.