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Align Technology Announces First Quarter Fiscal 2009 Results

iquidity and Capital Resources

As of March 31, 2009, Align had $124.7 million in cash, cash equivalents, and short term marketable securities compared to $110.2 million as of December 31, 2008.

Key Business Metrics

The following table highlights business metrics for Align's first quarter of 2009. Additional historical information is available on the Company's website at

    Revenue by Channel ($M):                   Q1 09  % of Revenue Q1 09/Q1 08
                                                                   % Change
    North American Orthodontists               $21.1       30.1%    (6.5%)
    North American GP Dentists                 $30.9       44.1%    (8.9%)
    International                              $14.3       20.3%     0.5%
    Non-case Revenue*                           $3.8        5.5%    (5.7%)
    Total Revenue                              $70.1      100.0%    (6.2%)
    *includes training, ancillary products, and retainers

    Cases Shipped by  Channel:                 Q1 09   % of Cases  Q1 09/Q1 08
                                                                  % Change
    North American Orthodontists              16,890       33.7%    (4.0%)
    North American GP Dentists                23,335       46.6%    (9.7%)
    International                              9,835       19.7%    18.1%
    Total Cases Shipped                       50,060      100.0%    (3.3%)

    Cases Shipped by  Product:                 Q1 09   % of Cases  Q1 09/Q1 08
                                                                  % Change
    Invisalign Full                           37,245       74.4%   (14.6%)
    Invisalign Express                         8,010       16.0%   (1.9%)
    Invisalign Tee
SOURCE Align Technology, Inc.
Copyright©2009 PR Newswire.
All rights reserved

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