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Wall Street Grand Featured Company: Align Technology, Inc. (ALGN) Announces Fourth Quarter (Q4) 2007 Revenue

Align Technology, Inc. is a leading company that engages in the design, manufacturing, and marketing of Invisalign®, the world’s leading invisible orthodontic products for the treatment of malocclusion or misalignment of teeth. The company has been going up since 2006, and has increased by 107%, with substantial room for continued growth.

Invisalign is a set of clear and removable aligners that are used by orthodontists and dentists, and enables them to improve their patient’s teeth alignment. The Full Invisalign Treatment involves the treatment of a range of malocclusions, and Invisalign Express is a dual arch orthodontic treatment for specific cases that are determined to be only treated with a series of up to ten aligners. The company markets their products primarily to dental professionals and general practitioner dentists through its training, certification programs, and direct mail campaigns. The company currently has operations in the United States, Asia-Pacific, Europe, Japan, and Latin America.

The company employs more than one-thousand people and has more than 30,000 doctors worldwide that comprise their customer base. More than a quarter million people have already chosen Invisalign as their preferred treatment. Align Technology has taken part in developing and patenting numerous proprietary processes and technologies, including complex software solutions, using CT scanning, stereolithography in the manufacturing process, and automated aligner fabrication. In 2002, Align received the Medical Design Excellence Award for their production of Invisalign, and the 2001 Stereolithography Excellence Award.

As far as revenues go, the company reported $72.5 million in total net revenues for the fourth quarter (Q4) of fiscal 2007. This reflects a year-over-year increase of 31% compared to $55.2 million in the fourth quarter of 2006. For fiscal 2007, net revenues of $284.3 million increased 38% from $206.4 million that was reported for fiscal 2006.

“Our fourth quarter results were a strong finish to an outstanding year in which revenue and profitability were well ahead of our original outlook,” stated President and CEO of Align, Thomas M. Prescott. “We’re entering 2008 with a robust product development pipeline, including Vivera Retainers, Invisalign Teen and Invisalign ClinAssist, which will lay the foundation for long term growth.”

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