NutriSystem announced today that it has entered into an agreement with Schwan’s Home Service, the home delivery division of The Schwan Food Company, a provider of fine frozen foods, for the development and distribution of frozen foods under the NutriSystem brand. Through this alliance, NutriSystem and Schwan’s Home Service will create NutriSystem Select, a new line of frozen foods that will enhance NutriSystem’s tradition of effective weight loss and weight management. The new line will be NutriSystem’s first frozen food offering in its portfolio of weight loss programs. The full national launch of NutriSystem Select is expected to take place in the first quarter of 2009.

The partnership will allow NutriSystem and Schwan’s to provide clients with premium frozen foods that complement NutriSystem’s prepared food weight loss programs and adhere to NutriSystem’s unique nutritional guidelines. The new program is designed to be delivered through Schwan’s home delivery infrastructure.

“I am thrilled to announce our alliance with Schwan’s Home Service,” said Joe Redling, NutriSystem’s Chairman and Chief Executive Officer. “Moving into the frozen food category and expanding our customer base through Schwan’s home delivery infrastructure is intended to solidify our position as a major player in the weight loss category.”

“We are pleased to announce this new business alliance with NutriSystem as it offers our companies an innovative solution for the consumer in the weight loss market,” said Greg Flack, chief executive officer, president and chief operating officer of The Schwan Food Company. “The partnering of our companies affords us the ability to unite and optimize our individual expertise together in order to deliver great tasting healthful products for the consumer with the convenience of home delivery.”