Dynatronics Named Preferred Vendor to 1,000 WorkWell Clinics
SALT LAKE CITY, Jan. 21 /PRNewswire-FirstCall/ -- Dynatronics Corporation (Nasdaq: DYNT) announced it has been named a preferred vendor to offer therapy equipment and rehab supplies to WorkWell Systems, Inc., a nationwide network of approximately 1,000 physical and occupational therapy clinics.
"The addition of Dynatronics as a vendor for this prestigious association of clinics is further evidence of our progress in becoming a broad line supplier in the market," said Larry K. Beardall, executive vice president of sales and marketing at Dynatronics. "WorkWell's leadership in delivering effective solutions by using functional capacity evaluation, prework screenings and physical and occupational therapy treatments has earned national and international recognition in the physical medicine industry."
According to Laurie Johnson, Manager of WorkWell's Provider Network, "Dynatronics has established an excellent reputation for delivering high-quality products in the healthcare field. We know their service is best in class and we're confident their products would be a great addition for WorkWell provider facilities.
Dynatronics has established preferred vendor arrangements with a number of regional and national clinics and associations of clinic. "We anticipate that the addition of WorkWell's clinics will provide a boost to our market share. This relationship is yet another success in our strategic plan to grow our business. We look forward to announcing additional preferred vendor arrangements throughout the coming year," added Beardall.
Dynatronics manufactures, markets and distributes advanced-technology medical devices, orthopedic soft goods and supplies, treatment tables and rehabilitation equipment for the physical therapy, sports medicine, chiropractic, podiatry, plastic surgery, dermatology and other related medical, cosmetic and aesthetic markets. More information regarding Dynatronics is available at www.dynatronics.com.
WorkWell Systems is a rapidly growing company that works to maximize the health, productivity and longevity of their client's WorkForce. WorkWell provides personnel, protocols, tools and procedures to address their customer's WorkForce productivity challenges. With one of the nation's largest networks of independent physical medicine providers certified in work injury management and prevention skills, WorkWell is able to provide employers with an integrated approach to prework physical screening, work injury management and return-to-work transitioning. Clients include Fortune 500 organizations across a variety of industries including transportation, manufacturing and healthcare. For more information, visit www.workwell.com.
This press release contains forward-looking statements. Those statements include references to the company's expectations including the statements regarding the addition of WorkWell's clinics providing a boost to the company's market share and the company's plans to announce additional preferred vendor arrangements throughout the coming year. Actual results may vary from the views expressed in the forward-looking statements contained in this release. The development and sale of the company's products are subject to a number of risks and uncertainties, including, but not limited to, changes in the regulatory environment, competitive factors, inventory risks due to shifts in market demand, market demand for the company's products, availability of financing at cost effective rates, and the risk factors listed from time to time in the company's SEC reports including, but not limited to, the report on Form 10-K for the year ended June 30, 2009.
SOURCE Dynatronics Corporation