Langer Inc., Deer Park, New York, reported a net loss of
approximately $1,825,000 or 17 cents per share on a fully diluted
basis, compared to a net loss for the three months ended March 31,
2007, of approximately $784,000 or 7 cents per share on a fully
diluted basis. The principal reasons for the increase in the net
loss are a decrease of approximately $423,000 in gross profit,
along with increases in general and administrative expenses of
approximately $398,000 and selling expenses of approximately
$158,000.
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