SAN DIEGO--(BUSINESS WIRE)--Sept. 26, 2006--DJO Incorporated, (NYSE:DJO), a global provider of products and services that promote musculoskeletal and vascular health, today announced the signing of a three year, sole-source supply agreement with Consorta Inc., a leading group purchasing and resource management organization in the healthcare industry. Consorta represents over 520 acute care facilities, more than 300 extended care facilities and over 1,650 non-acute care sites that collectively represent over 78,000 patient care beds. Terms of the contract were not disclosed.
Under the agreement, which commences November 1, 2006, DJO will sell its full range of DonJoy® ProCare® and Aircast® products. Aircast's vascular systems products are already under contract with Consorta.
"A basic tenet of Consorta's charter is to provide its members with superior bottom-line performance through purchasing economies," said Michael Murphy, Manager, Medical/Surgical contracts at Consorta. "After a thorough analysis, our committee members determined that a sole source agreement with DJO offered the best value for excellent products and reduced acquisition costs. DJO's extensive product line has the breadth and clinical acceptability to enable us to make a sole source commitment."
"This sole source award from Consorta is an important milestone for DJO, significantly expanding the scope of our national accounts contracts and should be an important contributor to our Domestic Rehabilitation business in the future," said Les Cross, president and CEO. "The contract also highlights the sales synergies that we are achieving from a comprehensive product line built through organic development and through acquisitions. We look forward to a mutually prosperous relationship with Consorta and its members."
About DJO Incorporated
DJO Incorporated is a global provider of solutions for musculoskeletal and vascular health, specializing in rehabilitation and regeneration products for the non-operative orthopedic, spine and vascular markets. Marketed under the Aircast®, DonJoy® and ProCare® brands, the Company's broad range of over 700 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's vascular systems products help prevent deep vein thrombosis and pulmonary embolism that can occur after orthopedic and other surgeries. Together, these products provide solutions throughout the patient's continuum of care. The Company sells its products in the United States and in more than 60 other countries through networks of agents, distributors and its own direct sales force. Customers include orthopedic, podiatric and spine surgeons, orthotic and prosthetic centers, third-party distributors, hospitals, surgery centers, physical therapists, athletic trainers, other healthcare professionals and individual and team athletes. For additional information on the Company, please visit www.djortho.com.
About Consorta Inc.
Consorta, based in suburban Chicago, is a leading healthcare resource management and group purchasing organization whose shareholders are faith-based or non-profit health systems. Consorta's 13 shareholder healthcare systems represent 60 percent of all Catholic hospitals in the United States, and are among the leading integrators of non-profit healthcare in America. Consorta's membership now encompasses more than 2,400 care sites representing 78,000 patient care beds. This includes more than 500 acute and over 300 extended care facilities throughout the country. For more information, visit www.consorta.com.
SOURCE: DJO Incorporated
DJO Incorporated
Mark Francois
Director of Corporate Communications & Investor Relations
(760) 734-4766
