Dynatronics Announces Distribution Agreement with Orthopedic Outfitters

BUSINESS - COMPANY NEWS

Source : Dynatronics Corporation

Dynatronics Corporation (NASDAQ: DYNT) today announced a new distribution agreement for the Company's Dynatronics™ division's products (including the Dynatron Solaris® Plus, ThermoStim™ Probe, and 125B Portable Ultrasound) with Orthopedic Outfitters, Inc., a leading distributor of physical therapy and rehabilitation products in Northern California.

"We are delighted to add Orthopedic Outfitters to our growing list of partners," stated Kelvyn H. Cullimore Jr., Dynatronics' Chairman and CEO. "Orthopedic Outfitters has built a reputation for excellent customer service and is recognized as a top dealer in the state of California. They are an ideal partner to distribute our products in Northern California. With this agreement, we continue to execute on one of the core pillars of our organic growth strategy – strengthening our domestic distribution."

"We are incredibly proud of the opportunity to partner with Dynatronics for this exciting new chapter of growth," said Jon Dunphy, CEO of Orthopedic Outfitters. Orthopedic Outfitters is based in Redding, California, and is a leading regional distributor of orthopedic bracing, soft goods, and other rehabilitation equipment. With a salesforce of 20 direct representatives and over 1,200 customers, they have established themselves as a best-in-class regional distributor.

"This agreement marks an exciting new milestone in the execution of our strategy for our legacy business," stated Jeff Gephart, Vice President of Sales and Marketing at Dynatronics. "We have a great deal of respect for Jon and the business he has built over the years. We look forward to the exciting work ahead as we strive to provide not only the best products, but also the best service in the industry."