NEW YORK, Sept. 3, 2003 (PRIMEZONE) -- Bradley McDonald, President and CEO of Medifast Inc. (AMEX:MED) discussed the company's 20-year history as a "leader in medical meal replacement products." He also detailed Medifast's "robust print campaign," and the return they've gotten as a result of it. McDonald outlined the size of the industry, his company's competitors, and where Medifast stacks up. He also discussed the company's current run-rate, and gave future projections for revenues for the next several years. Other topics that McDonald covered were his company's acquisitions, and their five year outlook.
David Humble, Chairman and CEO of Ediets.com Inc. (OTCBB:EDET) discussed his company's novel approach to dieting. He talked about ediets.com's niche market, and the different dieting plans they have implemented that have drawn a considerable amount of attention to online dieting both in the United States and abroad. He discussed company strategies, growth rate, and differentiated between ediet.com's multi-platform approach to dieting with their competitors'. Humble also discussed the various diet plans, and support services that the company provides for their subscribers.
Rick Bailey, President and CEO of Gateway Distributors Ltd. (OTCBB:GWDL) discussed what he called "the solution to many of the industry challenges," to common global health problems. He also discussed the importance of the baby-boomers in their industry. The company, which manufactures and distributes nutritional, whole-food products, "sends products to 29 countries," Bailey said. He detailed the company's product line, what separates them from their competitors, and the effectiveness, and applications of the whole-food products his company manufactures and distributes. He discussed the importance of the Asian market, and its growth potential, the globalization of trade, and the company's established niche in a $1 trillion market.
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