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DJO Incorporated Acquires Manufacturer of Compression Therapy Products, Elastic Therapy, Inc.
Date:1/5/2011

ful for individuals who spend all day on their feet and are susceptible to tired and achy legs, while it can also function as a preventive measure against DVT for airline travelers.

"As evidenced by the size of the global compression therapy markets, the addition of static compression products to the DJO product line has been a high priority for our international teams for several years. DJO's channels of distribution in most developed international markets are very well positioned to add the ETI range of products and we view this as a significant growth opportunity moving forward.

"New niche markets also continue to emerge that leverage compression therapy products in innovative ways and expand the opportunities for DJO.  For example, compression therapy products have crossed over to the athletic market and numerous professional and amateur athletes regularly use compression products to improve performance by increasing blood flow while simultaneously reducing the risk of injury and accelerating muscle recovery time through enhanced clearing of lactic acid in the muscles.  With DJO's core competency in serving the athletic training market, we are very excited about potential synergies in this area.

"Beyond the strategic fit, ETI's operating culture also fits very well with DJO.  The company has an impressive record of accomplishment in product innovation with its customers and exemplary customer service spanning two decades, creating very strong long-term relationships with customers across U.S. and international markets.  ETI's management team has also initiated the process of incorporating lean manufacturing concepts into ETI's manufacturing processes and has continually invested in new technology and state-of-the-art, computer-controlled production machines to drive its highly technical knitting process.  We view ETI's fully-integrated 115,000 square foot facility in Asheboro, NC as an important addition to our glob
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SOURCE DJO Incorporated
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