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Medifast has now achieved six (6) consecutive profitable quarters. In 2000, Medifast earned $0.19 per share. Divesting of the unprofitable Montana Naturals operation and focusing on its core Medifast® business has returned the Company to profitability.
This release contains forward-looking statements which may involve known and unknown risks, uncertainties and other factors that may cause Medifast's actual results and performance in future periods to be materially different from any future results or performance suggested by these statements. Medifast cautions investors not to place undue reliance on forward-looking statements, which speak only to management's expectation on this date.
SOURCE: Medifast, Inc.
Contact: Bradley T. MacDonald, Chairman & Chief Executive Officer of
Medifast, 410-581-8042, ext. 231