TEMPE, Ariz., March 5, 2008 (PRIME NEWSWIRE) -- OrthoLogic Corp. (Nasdaq:OLGC) today announced operating results for the year ended December 31, 2007. The Company also announced that its Board of Directors has approved a stock repurchase program for up to five percent of its currently outstanding common shares. The shares may be repurchased from time to time in open market transactions or privately negotiated transactions at the Company’s discretion, subject to market conditions and other factors. At February 29, 2008, there were approximately 41.8 million shares of common stock outstanding.
