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Landauer, Inc. Reports Strong Fiscal 2008 First Quarter Results
Date:1/31/2008

rong Financial Position

Total assets at December 31, 2007, were $100 million, up 6 percent from the prior-year period, including $24.8 million in working capital and $23.8 million in cash. At December 31, 2007, Landauer was debt free. The company's cash provided by operating activities increased 12 percent to $8.5 million for the latest three months.

2008 Outlook

Saxelby also commented on recent developments within the company. "We continue to make progress towards the completion of our systems initiative, which upon implementation later this fiscal year will significantly upgrade our IT and front-end systems infrastructure. During the quarter, Landauer also recorded several significant InLight equipment sales into the nuclear market and China, which are one-time revenue contributions that were already incorporated in our guidance. While we enjoy a secure position within the core business of dosimetry services, we are always seeking potential areas in which we could leverage our business offerings and will continue to evaluate peripheral markets in which we could apply our service offerings."

Landauer's business plan for fiscal 2008 currently anticipates aggregate revenue growth for the year to be in the range of 4 - 5 percent. The company anticipates a net income increase in the range of 6 - 8 percent excluding the impact of the 2007 asset impairment and accelerated depreciation charges.

Conference Call Details

Landauer's first quarter conference call for investors is scheduled for Thursday, January 31, at 2:00 p.m. Eastern Time (11:00 a.m. Pacific Time). To participate, callers should dial 800-366-7449 (within the United States or Canada), or 303-262-2130 (international callers) about 10 minutes before the presentation. To listen to a webcast, please visit the Investors Page on the company's Web site at http://www.landauerinc.com at least 15 minutes early to register,
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SOURCE Landauer, Inc.
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