Vital Living Inc. Announces Second Quarter Results

PHOENIX, Aug 15, 2006 (BUSINESS WIRE) -- Vital Living Inc. (VTLV) today announced its financial results for the six months ended June 30, 2006.

For the Quarter Ended June 30, 2006 Compared With the Quarter Ended June, 2005:
-- Net income available to common stockholders was $401,000, or $0.00 basic and ($0.01) fully diluted loss per share, compared with a $492,000 loss, or $0.00 basic and fully diluted loss per share;
-- Net income from operations increased to $136,000 from a $107,000 loss;
-- Adjusted earnings before interest, taxes, depreciation and amortization was $700,000 compared with $275,000;
-- A one-time gain of $500,000 on the exchange of debt for equity.
For the Six Months Ended June 30, 2006 Compared With the Six Months Ended June, 2005:
-- Net income available to common stockholders was $214,000, or $0.00 basic and ($0.01) fully diluted loss per share, compared with a $1,275,000 loss, or $(0.01) basic and fully diluted loss per share;
-- Net income from operations increased to $246,000 from a $648,000 loss;
-- Adjusted earnings before interest, taxes, depreciation and amortization was $516,000 compared with $325,000;
-- A one-time gain of $500,000 on the exchange of debt for equity.

"I am very proud to inform our stockholders that for the first time in Vital Living's history we reported both an operating profit and net income in the second quarter of 2006. These results demonstrate that our decision to focus the core operations of Vital Living around our flagship product GreensFIRST(R) along with the development and market introduction of a complementary product line has resulted in our enhanced market position," noted Gregg A. Linn, chief operating officer and chief financial officer of Vital Living.

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