medifast inc (MDF) Snapshot

Medifast Inc. announced the addition of smoothies to the robust weight-loss product lineup. The first two smoothie meals are the Triple Berry Smoothie and Pineapple Mango Smoothie and complement the Medifast 5 & 1 Plan(R), in which clients eat five Medifast meals and one Lean & Green(TM) Meal each day. The new fruit smoothies are kosher dairy, vegetarian, caffeine free, and certified gluten free. They are a low-fat, reliable protein sources that provide a balance of vitamins and minerals. The Triple Berry Smoothie and Pineapple Mango Smoothie offer clients delicious, hunger-quenching meal choices that take only minutes to prepare. Like each of the current 70 plus Medifast Meal choices, these new smoothies are interchangeable with all other meal options on the Medifast 5 & 1 Plan.

Medifast Inc. announced the appointment of Jeannette M. Mills to Executive Vice President, Take Shape for Life, effective June 3, 2013. Mills has served on the company's Board of Directors since 2008 and will report to Margaret Sheetz, President and Chief Operating Officer. Mills joins Medifast having recently served as Vice President, Customer Operations and Chief Customer Officer at Baltimore Gas and Electric Company. In conjunction with this appointment, Ms. Mills will no longer serve on the company's Board of Directors.

Medifast Inc. announced the appointment of Kevin G. Byrnes to its Board of Directors and the company's Audit Committee, effective immediately. Mr. Byrnes has more than 40 years of financial experience working in the retail and commercial banking industries. He is currently Chairman of the Board of Bay Bank. Mr. Byrnes served as President/COO and Director of Provident Bank from 2002 to 2009. Prior to Provident Bank, Mr. Byrnes spent 25 years with the Chase Manhattan Bank in various executive management positions. Mr. Byrnes began his career at Bankers Trust Co. in New York.