Langer Inc announced that Gregory R. Nelson resigned from its Board of Directors on November 7, 2005 and Stuart P. Greenspon was appointed to its Board of Directors on November 8, 2005.
Mr. Greenspon has been an independent business consultant for more than 10 years. Prior to that, he was an owner and operating officer of Call Center Services, Inc. from 1990 to 1995 and of Pandick Technologies, Inc. from 1982 to 1989.
Chairman Warren B. Kanders commented, “While we will miss having the benefit of his business expertise, we would like to thank Greg Nelson for almost five years of service to the company as a member of the Board of Directors.” Mr. Kanders continued, “We would also like to welcome Stuart Greenspon as a member of the Board of Directors. Stuart brings considerable experience as an entrepreneur and business consultant, and we look forward to working with him.”
Mr. Greenspon was also appointed to the Company's Audit Committee filling a recently created vacancy and satisfying the NASDAQ Marketplace Rule to have at least three independent directors on its audit committee.
Langer Inc together with its wholly owned subsidiary Silipos, Inc., designs, manufactures and distributes high quality medical products targeting the orthopedic, orthotic and prosthetic markets. In addition, the Company offers a diverse line of skincare products for the medical and therapeutic markets.