July 2, 2008
Hanger Orthopedic Group, Inc. Receives Positive Outlook From Standard & Poor’s Rating Services
BETHESDA, Md., July 2 /PRNewswire-FirstCall/ -- Hanger Orthopedic Group, Inc. is pleased to announce that Standard & Poor's Rating Services revised its outlook for Hanger Orthopedic Group, Inc. to "positive" from "stable." S&P also affirmed Hanger's corporate credit rating at "B.""The outlook revision reflects positive prospects for WalkAide and our expectation for an improved financial risk profile," said Standard & Poor's credit analyst Rivka Gertzulin.
"We are pleased with the outlook change from S&P as it reflects our solid performance over the last nine quarters and further recognition of our new business prospects," remarked George McHenry, Hanger's Chief Financial Officer.
Hanger Orthopedic Group, Inc.
CONTACT: Thomas Kirk, or George McHenry, or Kenneth Abod, all of HangerOrthopedic Group, Inc., +1-301-986-0701
Web site: http://www.hanger.com/