Hanger Orthopedic Group Announces Final Dismissal of Class Action Complaints
Posted on April 24, 2007 at 07:30 AM EDT

BETHESDA, Md., April 24 /PRNewswire-FirstCall/ -- Hanger Orthopedic Group, Inc. (NYSE:HGR) confirmed today that on March 16, 2007, the United States District Court for the District of Maryland Southern Division granted Hanger's motion to dismiss with prejudice the consolidated class action complaints previously brought against it and certain of its directors and officers, and that the thirty-day period permitted for an appeal or motion for reconsideration had passed without the filing of any appeal or motion. The consolidated class action complaints by Twist Partners and other plaintiffs alleged securities law violations primarily related to alleged billing improprieties at one of Hanger's patient-care facilities.

"We are pleased that the Court has dismissed these actions and confirmed our assertions that the claims were without merit," commented Ivan R. Sabel, Chairman and Chief Executive Officer of Hanger.

Hanger Orthopedic Group, Inc., headquartered in Bethesda, Maryland, is the world's premier provider of orthotic and prosthetic patient care services. Hanger is the market leader in the United States, owning and operating 618 patient care centers in 45 states and the District of Columbia, with 3,471 employees including 1,034 practitioners (as of 12/31/06). Hanger is organized into four units. The two key operating units are patient care which consists of nationwide orthotic and prosthetic practice centers and distribution which consists of distribution centers managing the supply chain of orthotic and prosthetic componentry to Hanger and third party patient care centers. The third is Linkia which is the first and leading provider network management company for the orthotics and prosthetics industry. The fourth unit, Innovative Neurotronics, introduces emerging neuromuscular technologies developed through independent research in a collaborative effort with industry suppliers worldwide. For more information on Innovative Neurotronics, Inc. or the WalkAide, visit http://www.ininc.us. For more information on Hanger, visit http://www.hanger.com.

Source: Hanger Orthopedic Group, Inc.

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