EXHIBIT 99.1
- ------------
News Release
LANDAUER
For Immediate Release
- --------------------------------------------------------------------------
LANDAUER, INC. ELECTS
THOMAS M. WHITE AS DIRECTOR
For Further Information Contact: James M. O'Connell
Vice President, Treasurer and CFO
- --------------------------------------------------------------------------
GLENWOOD, ILLINOIS, AUGUST 25, 2004...LANDAUER, INC. (NYSE symbol LDR)
announced today that its Board of Directors has elected Thomas M. White,
senior vice president, chief financial officer and treasurer of Hub Group,
Inc., as a Director. The directorship was effective with the Board's
meeting of August 24, 2004.
Mr. White joined the Hub Group, a $1.3 billion transportation company
offering intermodal, truck brokerage and logistics services, in 2002.
Previously, Mr. White was a partner with Arthur Andersen LLP, where he
began his career in 1979. His most recent position at Andersen was
Managing Partner - Business Process Outsourcing. Prior to that Mr. White
served as the Managing Partner of Andersen's Kansas City and Omaha offices.
"Tom further increases the Board's breadth and depth of financial
knowledge. We are very pleased with his election and look forward to his
contributions," said Brent A. Latta, President and Chief Executive Officer
of Landauer.
ABOUT LANDAUER, INC.
Landauer is the leading provider of analytical services to determine
occupational and environmental radiation exposure. For 50 years, the
Company has provided complete radiation dosimetry services to hospitals,
medical and dental offices, university and national laboratories, and other
industries in which radiation poses a potential threat to employees.
Landauer's services include the manufacture of various types of radiation
detection monitors, the distribution and collection of the monitors to and
from clients, and the analysis and reporting of exposure findings.
SAFE HARBOR
Certain of the statements made herein constitute forward looking statements
that are based on certain assumptions and involve certain risks and
uncertainties, including, without limitation, assumptions, risks and
uncertainties associated with the Company's introduction of the InLight
technology, the adaptability of optically stimulated luminescence ("OSL")
technology to new platforms and formats, such as Luxel<registered
trademark>+, the cost associated with the Company's research and business
development efforts, the usefulness of older technologies, the anticipated
--more--
- --------------------------------------------------------------------------
Landauer, Inc. 2 Science Road Glenwood, IL 60425-1586
Phone 708.755.7000 Fax 708.755.7011 www.landauerinc.com
LANDAUER, INC. ADD 1
results of operations of the Company and its subsidiaries or ventures, the
valuation of the Company's long lived assets or business units relative to
future cash flows, the Company's market position, changes in postal and
delivery practices, the Company's business plans, anticipated revenue and
cost growth, the risks associated with conducting business internationally,
other anticipated financial events, the effects of changing economic and
competitive conditions, foreign exchange rates, government regulations,
accreditation requirements, and pending accounting pronouncements. Such
assumptions may not materialize to the extent assumed and such risks and
uncertainties may cause actual results to differ from anticipated results.
Such risks and uncertainties may also result in changes to the Company's
business plans and prospects and could create the need from time to time to
write down the value of assets or otherwise cause the Company to incur
unanticipated expenses. Additional information may be obtained by
reviewing the information set forth under the caption "Significant Risk
Factors" in the Company's Annual Report on Form 10-K for the year ended
September 30, 2003 and other reports filed by the Company from time to time
with the Securities and Exchange Commission.
# # #