DJO Incorporated Completes Business Integration and Changes Name to DJO Global, Inc.
SAN DIEGO, CA – DJO Global, Inc., previously DJO Incorporated, a global provider of medical device solutions for musculoskeletal health, vascular health, and pain management, today announced that it has changed its name in recognition of the successful completion of key milestones related to the integration of the operational and commercial activities of its global businesses.
"The integration efforts we have made in recent years have transformed DJO Global into a diversified medical device provider that is one of the largest orthopedic rehabilitation companies in the world. We are well positioned to take advantage of important trends developing in global healthcare markets," said Les Cross, president and chief executive officer. "As pressure mounts to contain healthcare costs, effective treatment modalities that are more conservative and cost effective than traditional treatments will likely become more important. DJO Global's medical devices are very well positioned for such treatment protocols across the continuum of patient care from prevention to recovery."
Since ReAble Therapeutics, Inc. acquired DJO Incorporated and adopted the name DJO Incorporated in 2007, the Company has undertaken significant consolidation and integration activities designed to create a scalable, efficient infrastructure that enables it to provide its broad offering of products and services globally. The integration allowed DJO Global to realize significant cost savings and upgrade its capabilities in sales, marketing and operations. Today, the Company's extensive product portfolio consists of eight global brands integrated into four reporting segments, including Recovery Sciences (Chattanooga, CMF™, Compex® and Empi®), Bracing and Supports (Aircast®, DonJoy® and ProCare®), Surgical Implant (DJO® Surgical) and International, which sells all DJO Global brands outside the United States.
DJO Global moves forward as an organization unified in culture, vision and mission and strengthened by three years of diligent integration of its global manufacturing operations, strategic planning, marketing, sales, and commercial shared services. The leadership team has transformed DJO Global into a market-leading organization that can now fully leverage its extensive product portfolio to provide enhanced products and services to its global customers.
"In the last few years, we've focused on joining together a large group of essentially independent businesses into a single company," continued Mr. Cross. "Our last integration step focused on horizontally integrating our marketing and commercial shared services while maintaining our vertically aligned brand-focused sellers. With this integration now complete, DJO Global stakes its claim as a worldwide leader in orthopedic rehabilitation. Together with our healthcare provider customers, we enable people to regain the joy and comfort of natural motion."
About DJO Global
DJO Global is a leading global developer, manufacturer and distributor of high-quality medical devices and services that provide solutions for musculoskeletal health, vascular health and pain management. The Company's products address the continuum of patient care from injury prevention to rehabilitation after surgery, injury or from degenerative disease, enabling people to regain or maintain their natural motion. Its products are used by orthopedic specialists, spine surgeons, primary care physicians, pain management specialists, physical therapists, podiatrists, chiropractors, athletic trainers and other healthcare professionals. In addition, many of the Company's medical devices and related accessories are used by athletes and patients for injury prevention and at-home physical therapy treatment. The Company's product lines include rigid and soft orthopedic bracing, hot and cold therapy, bone growth stimulators, vascular therapy systems and compression garments, electrical stimulators used for pain management and physical therapy products. The Company's surgical division offers a comprehensive suite of reconstructive joint products for the hip, knee and shoulder. DJO Global's products are marketed under a portfolio of brands including Aircast®, Chattanooga, CMF™, Compex®, DonJoy®, Empi®, ProCare® and DJO® Surgical. For additional information on the Company, please visit www.DJOglobal.com.
DJO Investor/Media Contact:
DJO Global, Inc.
Mark Francois, Director of Investor Relations
(760) 734-4766
