-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, WN8Cr1gh7ZYF3nhzJNo8+FCOQv/pqhyTIsh4PwOHkkCraOFMPXcEzr6OfMLmcUl7 WF7TrfdjRu8IWCKlLkX7EQ== 0001021408-02-008511.txt : 20020618 0001021408-02-008511.hdr.sgml : 20020618 20020618150757 ACCESSION NUMBER: 0001021408-02-008511 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20020612 ITEM INFORMATION: Other events FILED AS OF DATE: 20020618 FILER: COMPANY DATA: COMPANY CONFORMED NAME: EDIETS COM INC CENTRAL INDEX KEY: 0001094058 STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-BUSINESS SERVICES, NEC [7389] IRS NUMBER: 560952883 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 000-30559 FILM NUMBER: 02681433 BUSINESS ADDRESS: STREET 1: 3467 W HILLSBORO BLVD. CITY: DEERFIELD BEACH STATE: FL ZIP: 33442 BUSINESS PHONE: 9543609022 MAIL ADDRESS: STREET 1: 3467 W. HILLSBORO BLVD. CITY: DEERFIELD BEACH STATE: FL ZIP: 33642 8-K 1 d8k.txt CURRENT REPORT SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 8-K CURRENT REPORT Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 Date of Report (Date of earliest event reported): June 12, 2002 eDiets.com, Inc. (Exact Name of Registrant as Specified in Charter) Delaware (State or Other Jurisdiction of Incorporation) 000-30559 56-0952883 (Commission File Number) (IRS Employer Identification No.) 3801 W. Hillsboro Blvd. Deerfield Beach, Florida 33442 (Address of Principal Executive Offices) (Zip Code) (954) 360-9022 (Registrant's Telephone Number, Including Area Code) ITEM 5. OTHER EVENTS On June 12, 2002, eDiets.com, Inc. (the "Company") issued a press release announcing that the Company has engaged the investment banking firm of U.S. Bancorp Piper Jaffray Inc. to advise its Board of Directors regarding any potential merger or acquisition of the Company, or other similar strategic transaction, intended to increase shareholder value. The press release is attached hereto as Exhibit 99.1. -2- ITEM 7. FINANCIAL STATEMENTS AND EXHIBITS (c) Exhibits: Exhibit Exhibit Title Number ------------- ------- 99.1 Press Release dated June 12, 2002. -3- SIGNATURES Pursuant to the requirement of the Securities Exchange Act of 1934, as amended, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. eDiets.com, Inc. By: /s/ Robert T. Hamilton -------------------------------- Robert T. Hamilton Chief Financial Officer Date: June 18, 2002 -4- EXHIBIT INDEX Exhibit Number Exhibit Title - ------- ------------- 99.1 Press Release dated June 12, 2002. -5- EX-99.1 3 dex991.txt PRESS RELEASE Exhibit 99.1 [LETTERHEAD APPEARS HERE] - -------------------------------------------------------------------------------- For Immediate Release - --------------------- INVESTOR CONTACTS: MEDIA/MARKETING CONTACT: - ------------------ ------------------------ Robert T. Hamilton, CFO Merilee Kern, Marcomm Manager 954-360-9022 x115 702-562-0064 rhamilton@eDiets.com merilee@eDiets.com Alison Tanner, CFA, Chief Strategist 954-360-9022 x140 alison@eDiets.com eDiets Engages U.S. Bancorp Piper Jaffray as its Investment Banker DEERFIELD BEACH, FLA., June 12, 2002 - eDiets.com, Inc. (OTCBB:EDET) ("eDiets"), the leader in personalized online diet and fitness programs, today announced that it has engaged the investment banking firm of U.S. Bancorp Piper Jaffray Inc. to advise the Company's Board of Directors regarding any potential merger or acquisition of eDiets, or other similar strategic transaction, intended to increase shareholder value. David R. Humble, founder, chairman and CEO of eDiets, noted, "eDiets has established critical mass of over $25 million in annualized revenues, approximately 200,000 subscribers and a leadership position in the online diet and general health categories. We have posted a consistent record of growth, profitability and cash flow from operations over the past several quarters. We are making every effort to communicate these successes and to identify potential strategic relationships and capitalize upon opportunities for further growth both in the U.S. and abroad. We are delighted to have U.S. Bancorp Piper Jaffray, with its experience and expertise in the Internet industry, as our advisor." About eDiets.com, Inc. eDiets.com, Inc. (OTCBB:EDET), the online diet services category leader through its brands eDiets (http://www.eDiets.com) and DietSmart (http://www.DietSmart.com), has been providing customized diet, fitness and motivational programs, products and services on a subscription basis since 1996. eDiets and DietSmart members benefit from an array of comprehensive online support services that are available 24/7/365, including professionally moderated online meetings, support groups, chats and teleconferences. This combination of convenience, personalization, privacy, support and value provides eDiets members with an attractive alternative to traditional offline programs popularized by Weight Watchers International, Inc. (NYSE:WTW), Jenny Craig, Inc. and others. During the first quarter of 2002, eDiets.com had approximately 300,000 unique paying members and currently has over 10 million opt-in subscribers to its bi-weekly e-mail newsletter, eDiets Diet & Fitness News. Among other honors received, www.eDiets.com was named a Forbes Magazine "Best of the Web" fitness and nutrition Web site in both 2000 and 2001. eDiets.com, Inc. maintains its corporate office in Deerfield Beach, Florida. Statements in the release, 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, changes in general economic and business conditions, changes in product acceptance by consumers, effectiveness of sales and marketing efforts, loss of market share and pressure on prices resulting from competition, and inability to obtain sufficient financing. For additional information regarding these and other risks and uncertainties associated with eDiets.com business, reference is made to the Company's Annual Report on Form 10-KSB for the year ended December 31, 2001, 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. ### -----END PRIVACY-ENHANCED MESSAGE-----