Press Releases

New CEO, McDevitt Appoints Margaret E. MacDonald, President and Chief Operating Officer

Real People, Real Results

Chairman & CEO Bradley T. MacDonald and President & CFO Michael S. McDevitt to Ring The Opening Bell(SM) at the NYSE

Award Recognizes Entrepreneurial Excellence in the Consumer and Retail Products Category

Company Reports All-Time Record Revenues and Profits

Revenues Increase 47%; Company Increases 2006 Full-Year Guidance

2005 Revenue Increases 47% from Prior Year

24th Consecutive Quarter of Profitability

Revenues Increase 43%; Company Increases Full Year Guidance

- Participants using Medifast lost twice as much weight and were twice as likely to complete both phases of the study compared with those following a diet based on the American Diabetes Association dietary guidelines -

Company Records 22nd Consecutive Quarter of Profitability

Survey Finds Americans Understand Connection Between Weight/Health, but Many Don't Care

New Web site www.WeightandDiabetes.com Launched to Raise Awareness of the Dangerous Link Between Obesity and Diabetes

Company Completes Second Most Profitable Year In Its History; Fourth Quarter Marks 21st Consecutive Quarter of Profitability

Company to Hold Conference Call and Webcast at 4:30 p.m. That Day

2005 Off to Strong Start; January Revenue Increases 27%

Medifast's Science-Based Portion Controlled Meal Replacements Find a Niche in Today's Weight Management Market

New Grand Opening Events Scheduled for January

Revenues Increase 7% Despite Impact of Hurricanes on Hi-Energy Clinic Business

Revenues Increase 16% while Domestic Sales Grow 24%; Company Affirms Full-year Forecast as Domestic Sales Remain Strong

Medifast Executive Appointed to Maryland State Board of Directors for the American Diabetes Association

National Advertising Campaign Gains Traction

Kicks-Off Aggressive Marketing Campaign on NBC's Today

Advertising Initiatives Lead to 27% Increase in Domestic Sales

Medifast Plus for Diabetics Named Exclusive Nutritional Intervention Program in Health and Human Services Pilot Program for Treating Medicare Diabetics

Company Provides Two Scenarios at Investor Meeting; Successful Rollout of National Television Campaign Expected to Generate Revenues of $48 Million and Pre-tax EPS of $0.72

Company to Raise 2004 Guidance and Provide Detailed Results on the Johns Hopkins University Study at the Event

Study Suggests Potential for Millions of Diabetics to Use Medifast's Products

Medifast Year-to-Date Pretax Profits Increase 100%

Obesity is Killing Inner City Residents; Arthur's Story: At 650 pounds He's Trapped in His Body and His House

Monthly Revenues Grow 54% Versus Year Earlier Period; 2003 Revenues Increase 114% to $21.5 Million

Jim Brennan Says Strong Response Far Exceeds Expectations

`Test TV Commercial a Whopping Success'

Company to Test Pilot Television Advertising Campaign in September

Income From Operations Grows 43%; Company Expects Television Campaign to Contribute to 2004 Revenue Estimates of $26 Million

Company Outlines Plans to Launch Television Campaign

Internet Portal to Offer Medifast's Recently Acquired Products Through its Online Store

Revenues More Than Double From Year-Earlier Period as Company Generates 258% Increase Over Last Year and 41% Over the Last Quarter; Pre-Tax Income Grows 415% From 2002's First Quarter; Cash Increases by 90% Since Year End

Company Raises First Quarter Revenue Estimates to $6 Million From Previous Guidance of $5 to $5.5 Million

Pact Allows Medifast Access to a Minimum of 200 of NovaCare's Clinics

Fourth Quarter Revenues Increase 291% Versus Year Earlier Period as Company Completes 13th Consecutive Quarter of Profitability; Medifast Forecasts 2003 Revenues of $21 to $23 Million and Operating EPS of $0.37 to $0.45 per Diluted Share

Advertising Investment Continues to Drive Top-Line Growth and Growing Profitability