SAN DIEGO, Sept. 1 /PRNewswire-FirstCall/ -- dj Orthopedics, Inc., (NYSE: DJO), a global medical device company specializing in rehabilitation and regeneration products for the non-operative orthopedic and spine markets, today announced that it has signed a new three-year contract with HealthTrust Purchasing Group (HPG), a leading group purchasing organization that
serves more than 1100 healthcare facilities nationwide.
Under the agreement, which began September 1, 2004, dj Orthopedics will sell its entire line of cold therapy products, including motorized IceMan® and manual ArcticFlow™ cold therapy circulation units. The agreement also includes the Company's entire line of DuraKold® ice wraps, which feature a patented material that remains pliable after freezing.
"We are pleased to expand our relationship with HPG," said Les Cross, president and CEO of dj Orthopedics. "Our two
companies share a common goal to provide the highest quality orthopedic products and excellent customer service. The cold therapy market continues to be one of the fastest growing segments of non-operative orthopedics, driven by the benefits of cold therapy products to reduce pain and swelling, which often reduces the requirement for post-surgical pain medications.
These benefits translate into accelerated rehabilitation times fro m injuries and surgery."
About HealthTrust Purchasing Group
HealthTrust Purchasing Group, L.P. (HPG) is one of the nation's leading healthcare group purchasing organizations (GPO) with a current membership in excess of 1100 facilities with annual purchasing volume of approximately $5.5 billion. HPG is committed to providing its customers with the highest quality, cost-effective supplies and services for their patients, physicians, nurses and other clinicians. HPG's membership includes acute care hospitals, ambulatory surgery centers and alternate care sites such as clinics, physicians' offices, psychiatric, integrated delivery networks and affiliate members. For more information, please visit www.healthtrustpg.com.
About dj Orthopedics, Inc.
dj Orthopedics is a global medical device company specializing in rehabilitation and regeneration products for the non-operative orthopedic and spine markets. The Company's broad range of over 600 rehabilitation products, including rigid knee braces, soft goods and pain management products, are used in the prevention of injury, in the treatment of chronic conditions and for recovery after surgery or injury. The Company's regeneration products consist of bone growth stimulation devices that are used to treat nonunion fractures and as an adjunct therapy after spinal fusion surgery.
The Company sells its products in the United States and in more than 35 other countries through networks of agents, distributors and its direct sales force that market its products to orthopedic and podiatric surgeons, spine surgeons, orthopedic
and prosthetic centers, third-party distributors, hospitals, surgery centers, physical therapists, athletic trainers and other healthcare professionals. For additional information on the Company, please visit www.djoglobal.com
For further information, please contact Mark Francois, Director of Investor Relations of dj Orthopedics, Inc., +1-760-734-4766.
SOURCE dj Orthopedics, Inc.
-0- 09/01/2004
/Web site: http://www.healthtrustpg.com /
(DJO)
CO: dj Orthopedics, Inc.; HealthTrust Purchasing Group
ST: California
IN: MTC HEA BIO
SU: CON LIC
BP-AI
-- LAW034 --
0240 09/01/2004 07:05 EDT http://www.prnewswire.com
dj Orthopedics, Inc.
Mark Francois, 760-734-4766
