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Dynatronics Announces Fiscal Year 2008 Operating Results
Date:9/29/2008

819 $18,567,616

Accounts payable $1,423,839 $1,241,030

Accrued expenses 500,145 287,773

Line of credit 5,818,320 250,000

Total current liabilities 8,660,803 3,535,536

Total liabilities 12,162,180 7,496,972

Total liabilities and equity $18,427,819 $18,567,616

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 http://www.dynatronics.com.

This press release contains forward-looking statements. Those statements include references to the company's expectations and similar statements. 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, 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-KSB for the year ended June 30, 2007, and its subsequent quarterly reports on Form 10-QSB. Forward-looking statements in this release include, but are not limited to all references to expected operating results in fiscal year 2009 under the caption "Outlook for Fiscal Year 2009."


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SOURCE Dynatronics Corporation
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Related medicine news :

1. Dynatronics to Release Fourth Quarter and Year-end Results Monday, September 29, 2008; Conference Call Set for 3:00 p.m. ET
2. Dynatronics Elects Mark A. Crockett to its Board of Directors
3. Dynatronics Receives NASDAQ Minimum Bid Price Deficiency Letter
4. Dynatronics Acquisitions Boost Sales 80 Percent in Third Quarter
5. Dynatronics to Release Third Quarter Results Wednesday, May 14, 2008; Conference Call Set for 2:30 p.m. ET
6. Dynatronics Reduces Annual Expenses by $1.9 Million
7. Dynatronics Introduces New DynaPro Spinal Health System and X5 Turbo
8. Dynatronics Introduces New Synergie Elite Aesthetic Line
9. Dynatronics Acquisitions Increase Sales 100 Percent in Second Quarter
10. Dynatronics to Release Second Quarter Results Thursday, February 14, 2008; Conference Call Set for 4:30 p.m. ET
11. Dynatronics Announces $250,000 Increase in Stock Buyback Program
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