NEW YORK, July 23, 2009 (GLOBE NEWSWIRE) — Langer, Inc. (Nasdaq:GAIT) today appear that it has afflicted its name from Langer, Inc. to PC Group, Inc. The name change was accustomed at the Company’s 2009 Anniversary Meeting of Stockholders captivated on July 14, 2009. The Company additionally appear that its banal ticker attribute on the NASDAQ Global Market will be afflicted from “GAIT” to “PCGR” able at the admission of trading on July 24, 2009.
The new name added accurately reflects the Company’s accepted business archetypal and ambit of its artefact offerings. The Company has historically designed, bogus and broadcast a ample ambit of medical articles targeting the orthopedic, orthotic and prosthetic markets. Today, the Company offers a added assorted band of claimed affliction articles for the clandestine characterization retail, medical and ameliorative markets and the name PC Group, Inc. bigger conveys this broader ambit of products.
“We acknowledge our stockholders for acknowledging our change to a name that bigger reflects our articles and markets. We accept that our new name will added strengthen our character to our barter and the marketplace,” commented Gray Hudkins, the Company’s President and Chief Executive Officer.
The Company, through its wholly endemic subsidiaries Twincraft and Silipos, offers a assorted band of bar soap and added skincare articles for the clandestine characterization retail, medical and ameliorative markets. Silipos is additionally a provider of affection medical articles to the orthopedic and prosthetic markets. The Company is based in New York, NY, and has accomplishment accessories in Niagara Falls, NY, and Winooski, VT. You can apprentice added about us by visiting our website at www.langercorporate.com.
This columnist absolution includes “forward-looking statements” aural the acceptation of the Clandestine Securities Litigation Reform Act of 1995. The Company may use words such as “anticipates,” “believes,” “plans,” “expects,” “intends,” “future,” and agnate expressions to analyze advanced statements. These advanced and added statements, which are not absolute facts, are based abundantly aloft our accepted expectations and assumptions and are accountable to a cardinal of risks and uncertainties that could account absolute after-effects to alter materially from those advised by such advanced statements. These risks and uncertainties are declared in the Company’s filings with the Securities and Exchange Commission, including the Company’s latest anniversary address on Form 10-K and best afresh filed Forms 8-K and 10-Q, which may be acquired at our web armpit at www.langercorporate.com or the Securities and Exchange Commission’s web armpit at www.sec.gov.
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