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Hanger Orthopedic Group, Inc. Announces an 11% Sales Increase and a 35% Increase in EPS to $0.23 for the Quarter Ended December 31, 2007, Compared to $0.17 in the Prior Year
Date:2/11/2008

rbor" for certain forward- looking statements. Statements relating to future results of operations in this document reflect the current views of management. However, various risks, uncertainties and contingencies could cause actual results or performance to differ materially from those expressed in, or implied by, these statements, including the Company's ability to enter into and derive benefits from managed care contracts, the demand for the Company's orthotic and prosthetic services and products and the other factors identified in the Company's periodic reports on Form 10-K and Form 10-Q filed with the Securities and Exchange Commission under the Securities Exchange Act of 1934. The Company disclaims any intent or obligation to update publicly these forward-looking statements, whether as a result of new information, future events or otherwise.

Hanger Orthopedic Group, Inc.

(Dollars in thousands, except share and per share amounts)

(unaudited)

Three Months Ended Year Ended

Income Statement: December 31, December 31,

2007 2006 2007 2006

Net sales $170,790 $153,918 $637,350 $598,766

Cost of goods sold

(exclusive of depreciation

and amortization) 76,496 78,275 307,952 300,065

Selling, general and

administrative 70,797 53,646 245,542 221,592

Depreciation and

amortization 4,307 3,593 15,876 14,670

Income from operations 19,190 18,404 67,980 62,439

Interest expense, net 9,204 9,377 36,987 38,643

Extinguishment of debt - - - 16,953

Income before taxes 9,986 9,027
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SOURCE Hanger Orthopedic Group, Inc.
Copyright©2008 PR Newswire.
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