Langer, Inc. - Company Capsule

Document Sample
Langer, Inc. - Company Capsule Powered By Docstoc
					Langer, Inc.

_________________________________________________________________________________




Langer, Inc. - Company Capsule
Reference Code: BR1206CC
Published Date: April 2011




___________________________________________________________________________________________

Langer, Inc. - Company Capsule                                                      Page 1
Langer, Inc.

__________________________________________________________________________________________


Langer, Inc. - Company Overview

Langer, Inc. (Langer) is engaged in the design, manufacture and distribution of medical products and services targeting
the long-term care, orthopedic, orthotic and prosthetic markets. Its subsidiaries include Twincraft, Inc.; Regal Medical Inc.
and Silipos, Inc. Through these subsidiaries, the company has ventured into personal care products market and patient
services market such as long-term care settings which involves facility personnel in product selection, order fulfillment,
product fitting and billing services. Langer principally operates in the US and Canada with operations in more than 30
other countries worldwide. The company is head quartered in New York, the US.

Financial Performance

The company reported revenues of (U.S. Dollars) USD 45.06 million during the fiscal year ended December 2008, an
increase of 5.40% over 2007. The operating loss of the company was USD 8.70 million during the fiscal year 2008, as
compared to an operating loss of USD 1.99 million during 2007. The net loss of the company was USD 13.62 million
during the fiscal year 2008, as compared to a net loss of USD 4.52 million during 2007.

Langer, Inc. - Key Facts

Langer, Inc., Key Facts

                                  450 Commack Road, Deer Park,
                                  New York (NY), 11729, United      Ticker Symbol, Stock
Corporate Address:                                                                             GAIT (NASDAQ)
                                                                    Exchange
                                  States


Telephone                          + 1 631 6671200                  No. of Employees           261



Fax                                + 1 631 6671203                  Financial Year End         December



URL                               www.langercorporate.com           Revenue (in USD Million)   45.06



Industry                          Medical Equipment



Locations                         United Kingdom, Canada, United States

Source: Annual Report, Company Website, Primary and Secondary Research




___________________________________________________________________________________________

Langer, Inc. - Company Capsule                                                                                      Page 2
Langer, Inc.

__________________________________________________________________________________________



Langer, Inc. - Major Products and Services

Langer provides medical products for the orthopedic, orthotic and prosthetic markets along with skincare products for the
medical, therapeutic and retail markets. The company’s key products and services include the following:

Langer, Inc., Major Products and Services
Products:

Custom foot and Ankle Orthotic Devices

Pre-fabricated Foot Products

Rehabilitation Products

Gel-Based Orthopedic Products

Gel-Based Prosthetic Products

Orthopedic Soft Goods

Contracture Management Products

Personal Care Products:

Bar Soaps

Gel-Based Therapeutic Gloves and Socks

Scar Management Products

Services:

Assists Facility Personnel in Product Selection, Order Fulfillment, Product Fitting and Billing Services

Brands:

Gel-Care

Gel Skin Post Surgical Breast Forms

Post-Opeative Eye Mask System

Gel Skin Post Surgical Abdominal Forms

NouveauDerm Moisturizing Gel Gloves

NouveauDerm Moisturizing Gel Socks

Gel Therapy Socks

Gel Therapy Gloves

All Gel Care Kit

EXPLORER Pin Liner with Stabilizing Matrix

Mineral Oil Gel Roll-On

DuraGel Cushion Liners

EXPLORER Cushion Liner

Silopad Pressure Sensitive Dots

Silopad 4x4 Gel Squares

Pressure Relief Padding

Body Discs

Soft Sheer Sheeting

Wonderflex

SoftZone Foot Care Products




___________________________________________________________________________________________

Langer, Inc. - Company Capsule                                                                                    Page 3
Langer, Inc.

__________________________________________________________________________________________


Langer, Inc., Major Products and Services
Heel Spur with Removable Plug

¾ Length Insole

Low Profile Heel Cushion

Full Length Insole

Silopad Pressure Sensitive Dots

Silopad 4x4 Gel Squares

Wonderflex

Silopad Heel/Elbow Slipover

Post Operative Carpal Gel Sleeve

All Gel Digital Cap

Silopad Digital Pad

Carpal Gel Pads

Custom Orthotics

Ankle Foot Orthoses

Birkenstock

Therapeutic Footwear

Lower Extremity Care

PPT Materials
Source: Annual Report, Company Website, Primary and Secondary Research




___________________________________________________________________________________________

Langer, Inc. - Company Capsule                                                      Page 4
Langer, Inc.

__________________________________________________________________________________________



Langer, Inc. - Key Employees


Langer, Inc., Key Employees


          Name                             Job Title                       Board Level     Since   Age


Kathleen P. Bloch          Vice President, Chief Financial Officer   Senior Management     2007    54


David S. Hershberg         Director                                  Non Executive Board   2008    67

Source: Annual Report, Company Website, Primary and Secondary Research




___________________________________________________________________________________________

Langer, Inc. - Company Capsule                                                                          Page 5
Langer, Inc.

__________________________________________________________________________________________



Langer, Inc. - Locations and Subsidiaries

Head Office

Langer, Inc.
450 Commack Road
Deer Park
New York (NY)
Zip: 11729
United States
Tel: + 1 631 6671200
Fax: + 1 631 6671203



Other Locations & Subsidiaries

Langer, Inc., Locations



391 Steelcase Road West
                                                                    160 Markland Street
Markham
                                                                    Zip: L6C 0C6
Zip: L3R 3V9
                                                                    Canada
Canada
                                                                    Tel: + 1 416 3216957
Tel: + 1 416 3216957
                                                                    Fax: + 1 416 3218346
Fax: + 1 416 3218346

Source: Annual Report, Company Website, Primary and Secondary Research




___________________________________________________________________________________________

Langer, Inc. - Company Capsule                                                             Page 6
Langer, Inc.

__________________________________________________________________________________________


Langer, Inc. - Financial Ratios

Financial Ratios - Capital Market Ratios
Langer, Inc., Ratios based on current share price

                                                Key Ratios                                                            25-Jun-2010
Enterprise Value/Sales                                                                                                   0.73
Enterprise Value/Total Assets                                           
				
DOCUMENT INFO
Description: ICD Research's ‘Langer, Inc. - Company Capsule’ is a crucial resource for industry executives and anyone looking to access key information about “Langer, Inc. ICD Research's ‘Langer, Inc. - Company Capsule’ reports utilize a wide range of primary and secondary sources, which are analyzed and presented in a consistent and easily accessible format. ICD Research strictly follows a standardized research methodology to ensure high levels of data quality and these characteristics guarantee a unique report.
BUY THIS DOCUMENT NOW PRICE: $75 100% MONEY BACK GUARANTEED
PARTNER ICD Research
With emphasis on Insight, Consultancy and Delivery, iCD Research is a full-service, online market research agency. iCD Research is able to take advantage of all of the efficiencies and benefits that the Internet brings to offer proven research methodologies with fast turnaround and accurate results. iCD Research specialises in qualitative research for large finance, media, retail and entertainment clients. Market leaders in online focus groups, iCD Research has unleashed the full scale of the Internet to run focus groups across the globe for its major institutional clients. Utilising its sister organisation, The iD Factor, iCD Research also delivers strong quantitative research, ranging from ongoing consumer confidence studies through to consumer surveys throughout Europe and Asia. With its roots firmly in research, iCD Research doesn’t limit itself to only utilising online methods as the philosophy at the company is to match the methodology to the respondent. Yet the scale and speed of online research give iCD Research a cutting edge that has lead to tremendous, triple-figure percentage growth over the past two years. iCD Research is headquartered in London, with operational offices in the US and Australia to ensure that it is offering an unparalleled 24 hour service to its clients.