Langer, Inc. Appoints New Vice President and Chief Financial Officer
26 Julio 2007 - 8:32PM
PR Newswire (US)
DEER PARK, N.Y. July 26 /PRNewswire-FirstCall/ -- Langer, Inc.
(Nasdaq: GAIT, "Langer" or the "Company") today announced the
appointment of Kathleen P. Bloch as the Company's Vice President
and Chief Financial Officer effective September 4, 2007. Ms. Bloch
began her career as an auditor at Peat Marwick in Philadelphia.
From August 1999 until January 2006, Ms. Bloch served as the Chief
Financial Officer of Silver Line Building Products, a leading
privately-held manufacturer of vinyl doors and windows servicing
the mass and professional contract trade channels. In January 2006,
Ms. Bloch added the title of Chief Operating Officer of Silver Line
to her responsibilities and remained in those positions until the
sale of Silver Line in late 2006. Following the sale of Silver
Line, Ms. Bloch joined The Silverman Group as the Chief Operating
Officer, a family real estate and investment company, the position
from which she joins Langer. Gray Hudkins, Langer's President and
CEO, commented, "We are very excited to welcome Kathy Bloch to our
team. Kathy led the finance team at Silver Line through an exciting
period of high growth, including building internal reporting and
control systems, financing the growth of the business, and dealing
with various aspects of operating finance and external bank
reporting, with further responsibility for information technology,
human resources, and many aspects of operations in addition to
finance. In her prior positions, Kathy gained experience with
public reporting as well as acquisition driven growth strategies.
We believe her combination of skills and experience will be an
asset to Langer, and we look forward to working with her as we
continue to build our business through organic and external growth
initiatives." Ms. Bloch graduated from LaSalle University with a
Bachelor of Science Degree in Accounting in 1978 and received her
Master of Business Administration with a concentration in Finance
from LaSalle in 1990. Langer, Inc., together with its wholly owned
subsidiaries Silipos, Inc. and Regal Medical, Inc., is a leading
provider of high quality medical products and services targeting
the long-term care, orthopedic, orthotic and prosthetic markets.
Through its wholly owned subsidiaries Twincraft, Inc. and Silipos,
Inc., the Company offers a diverse line of bar soap and other
skincare products for the private label retail, medical and
therapeutic markets. The Company sells its medical products
primarily in the U.S. and Canada, and in more than 30 other
countries, to national, regional, international and independent
medical distributors and directly to healthcare professionals and
patients. The Company sells its personal care products to branded
consumer products companies, direct marketers, distribution
partners, and specialty retailers, among others. Langer is based in
Deer Park, NY and has additional manufacturing facilities in
Niagara Falls, NY, Winooski, VT, Montreal, Canada, Stoke-on-Trent,
UK, and sales and marketing offices in Toronto, Canada, Dallas, TX
and New York, NY. Certain matters discussed in this press release
constitute forward-looking statements that involve risks and
uncertainties that could cause actual results to differ materially
from those projected. The Company may use words such as
"anticipates," "believes," "plans," "expects," "intends," "future"
and similar expressions to identify forward-looking statements.
These risks and uncertainties, relating to both ongoing operations
and acquisitions, are described in the Company's filings with the
Securities and Exchange Commission, including its 2006 Form 10-K
and most recently filed Form 10-Qs and Form 8-Ks. DATASOURCE:
Langer, Inc. CONTACT: W. Gray Hudkins, President and CEO of Langer,
Inc., +1-212-687-3260 Web site: http://www.langerinc.com/
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