Profile: Dynatronics Corp (DYNT.O)
20 Dec 2013
Dynatronics Corporation (Dynatronics), incorporated on April 29, 1983, is engaged in the distribution and marketing of physical medicine and aesthetic products many of, which the Company designs and manufactures. The products are of two categories: physical medicine products and aesthetic products. Dynatronics manufactures and distributes a line of medical equipment for physical medicine applications, including therapy devices, medical supplies and soft goods, treatment tables and rehabilitation equipment. Dynatronics’s products are used primarily by physical therapists, chiropractors, sports medicine practitioners, podiatrists, physicians and other physical medicine professionals. Dynatronics also manufactures and distributes a line of aesthetic equipment, including aesthetic massage and microdermabrasion devices, as well as skin care products. These products are used by aestheticians, plastic surgeons, dermatologists and other aesthetic services providers.
In August 2012, Dynatronics introduced Dynatron Solaris Plus line of combination therapy devices. The light probe includes outputs of up to 1,000 mW of infrared wavelength light, 500 megawatts of blue wavelength light and 500 megawatts of red wavelength light. The SolarisPlus product line consists of four new units, the Dynatron SolarisPlus 709, 708, 706, and 705, as well as Tri-Wave light probe and light pads. In March 2012, the Company introduced Dynatron Quad7 therapy device to the market. Quad7 incorporates technology designed to deliver thermal therapy (hot or cold) and compression therapy through a variety of wraps and ThermoStim Probes.
Physical Medicine Products
The Company’s Electrotherapy treats chronic intractable pain and/or acute post-traumatic pain, increasing local blood circulation, relaxation of muscle spasms, prevention or retardation of disuse atrophy, and muscle re-education. Ultrasound therapy provides therapeutic deep heat to soft tissue through the introduction of sound waves into the body. The Company markets a line of devices that include electrotherapy, ultrasound or a combination of both of these modalities in a single device. The Dynatron 125 ultrasound and the Dynatron 525 electrotherapy devices target the low-priced segment of the market. The 50 Series Plus products offer combinations of electrotherapy and ultrasound modalities. Dynatron SolarisPlus 709, 708, 706, and 705 units, as well as the Dynatron X3 and DX2 devices, all feature light therapy technology. The Dynatron Tri-wave light pad is capable of treating larger areas of the body.
The Company’s ThermoStim Probes are also designed to provide thermal therapy and electrotherapy treatments. Soft tissue oscillation therapy has been used for the treatment of pain in Europe for over 15 years. The Dynatron X5 Oscillation Therapy device creates an electrostatic field within the patient, resulting in an effective treatment for reducing minor muscle aches and pains. Iontophoresis uses electrical current to transdermally deliver drugs, such as lidocaine for localized treatment of inflammation without the use of needles. The Dynatron iBox, its iontophoresis device, is delivers two treatments simultaneously. The Company also distributes a line of iontophoresis electrodes under the brand name of Dynatron Ion electrodes along with other types of iontophoresis electrodes from other manufacturers.
As of June 30, 2012, the Company manufactured over 700 medical supply and soft goods products, including hot packs, cold packs, lumbar rolls, exercise balls, wrist splints, ankle weights, cervical collars, slings, cervical pillows, bolsters, positioning wedges, back cushions, weight racks, rehabilitation products, back and wrist braces, mat tables, work tables, training stairs, and parallel bars. The Company manufactures and distributes motorized and manually operated physical therapy treatment tables, rehabilitation parallel bars, and other specialty rehabilitation products.
The Company manufactures and markets a line of aesthetic products under the brand name of Synergie. The Synergie Elite Aesthetic Massage System (AMS) applies therapeutic vacuum massage to skin and subcutaneous tissues. The Company also manufactures and markets the Synergie Elite microdermabrasion device as a companion to the AMS device. The microdermabrasion device exfoliates the upper layers of skin, exposing softer, smoother skin. In conjunction with the microdermabrasion devices, it offers a line of skin care products under the trademark Calisse, which is designed for microdermabrasion treatments. As part of the aesthetics line of products, it markets the Synergie Elite LT device, which provides light therapy for aesthetic applications
The Company competes with Mettler Electronics, DJO, Patterson Medical, Rich-Mar, Erchonia, Apollo, Multi Radiance, MedX, PowerPlate and Wave Manufacturing, Hausmann Industries, Fabrication Enterprises, North Coast Medical and Meyer Distributing, Travanti Pharma and ActivaTek Inc., Hill Laboratories Company, Bailey Manufacturing, Tri-W-G, DJO, Armedica, Clinton Industries, LPG Systems, Silhouette Tone, Cynosure, Inc., Palomar Medical, Syneron, Mega Peel, Diamond Peel, DermaGenesis, DermaMed, E-Med, Integremed, Medical Alliance, Slimtone USA, Soundskin Corp, Revitalite, Silhouette Tone, Photo Actif, and DermaPulse.
7030 Park Centre Drive
SALT LAKE CITY UT 84121