SAN DIEGO--(BUSINESS WIRE)--Oct. 17, 2006--DJO Incorporated, (NYSE:DJO), a global provider of products and services that promote musculoskeletal and vascular health, today announced that it has renewed its three-year supply contract with Premier Purchasing Partners.
Under the terms of the agreement, which renews on December 1, 2006, DJO will supply its full line of Aircast®, DonJoy® and ProCare® rigid and soft bracing products and cold therapy systems. The Company also said that the contract includes, for the first time, the Company's bone growth stimulation devices. Financial terms were not disclosed.
Purchasing Partners is the largest unit of Premier, a healthcare alliance entirely owned by more than 200 of the nation's leading not-for-profit hospitals and healthcare systems. These organizations operate, or are affiliated with, more than 1,500 hospitals and more than 41,000 other healthcare sites.
"We are pleased to expand our relationship with Premier as a provider of both rehabilitation products and now bone growth stimulation devices," said Les Cross, DJO president and CEO. "Premier is one of the largest group purchasing organizations in the U.S., and as such, should continue to offer DJO an opportunity for increased new business as they expand their network and as we gain market share within the Premier group. We look forward to continuing to serve Premier with excellent products and customer service for another three years."
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 Premier Inc.
An alliance of 1,500 hospitals and more than 41,000 other healthcare sites, Premier Inc. helps its members accelerate both
clinical and financial performance. Premier offers group purchasing and supply chain services, performance measurement and benchmarking, and insurance programs. Headquartered in San Diego, CA, Premier has offices in Charlotte, NC, and Washington, DC. For more information, visit www.premierinc.com.
DJO Incorporated
Mark Francois
Director of Corporate Communications & Investor Relations
(760) 734-4766
