COTTONWOOD HEIGHTS, Utah, May 26, 2016 — Dynatronics Corporation (NASDAQ: DYNT), a manufacturer and distributor of advanced-technology medical devices and rehabilitation equipment for the physical therapy, sports medicine and related markets, announces the addition of two experienced sales managers to advance the Company’s strategic plans to accelerate organic sales growth.
The Company hired Shane James as its new eastern regional sales manager and Chris Ramsay as director of international sales.
Mr. James has over 18 years of experience in our industry at DJO Global and Chattanooga Group with consistent year-over-year growth in the territories he has managed. He developed a successful track record of working with large accounts and increasing market share in his territory while building a reputation for exceeding customer expectations. His past responsibilities have included managing sales representatives as well as independent distributors. Mr. James has consistently been a top performer among his peer group. The addition of Mr. James creates a third sales management region and will allow for more intensive engagement with Dynatronics’ 20 direct and 150 indirect dealer representatives.
Mr. Ramsay will lead Dynatronics’ international expansion efforts. Previously, Mr. Ramsay established a global training program for sales representatives at DJO Global and Chattanooga Group. Over the past 10 years he led the technical sales support effort globally and is certified as a Lean and Kaizen facilitator. In the last twelve months, Dynatronics has sought and received clearance to sell its advanced technology devices in numerous markets around the world.
“Shane and Chris are proven performers,” said Jeff Gephart, senior vice president of sales. “They have the right skill sets to help us move aggressively to increase our market share and expand our sales reach on a global scale. We look forward to adding them to our team and we’re confident they’ll have a positive impact on our growth initiatives in the very near future.”
Dynatronics also announced the planned retirement of Kelvyn H. Cullimore, Sr., the company’s founder and former chairman and president, effective December 31, 2016. Mr. Cullimore Sr. has been on part time status for the past few years with duties that included managing the company’s international efforts. “We will miss the leadership and vision of our founder,” stated Kelvyn H. Cullimore, Jr. “For over 37 years, Kelvyn Sr. has been a driving force behind the company’s successful growth from startup to over $30 million in annual business. We will honor him and his vision by building upon what he has done so well for more than three decades.” Kelvyn Sr. will transition his responsibilities to Mr. Ramsay over the remainder of the year.
About Dynatronics Corporation:
Dynatronics manufactures, markets and sells advanced-technology medical devices, orthopedic soft goods and supplies, treatment tables and rehabilitation equipment for the physical therapy, sports medicine, chiropractic, and podiatry markets. More information regarding Dynatronics is available at www.dynatronics.com.
Safe Harbor Notification
This press release contains forward-looking statements. Those statements include references to the company’s expectations and similar statements. Forward-looking statements in this press release include statements regarding expansion into new markets. 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.
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SOURCE Dynatronics Corporation
