Compex Technologies, Inc. to Present At the U.S. Bancorp Piper Jaffray Health Care Conference.

Business Editors & Health/Medical Writers

NEW BRIGHTON, Minn.--(BUSINESS WIRE)--Jan. 29, 2003

Compex Technologies, Inc. (Nasdaq:CMPX), the world leader in home-use electrotherapy devices, announced today that Dan Gladney, President and CEO, will be presenting at the U.S. Bancorp Piper Jaffray Health Care Conference in New York at The Pierre Hotel on Thursday, January 30, 2003 at 3:00PM Eastern Standard Time; and 12:00PM Pacific Standard Time.

The presentation will be simultaneously webcast in real-time and can be accessed on our website at www.compextechnologies.com. An on-demand replay will be available beginning one hour after the presentation and is accessible for 30 days following the conference. Investors are encouraged to visit the website approximately five minutes prior to the presentation to download or install any necessary audio software.

Compex Technologies, Inc., is a leading designer, manufacturer and provider of electromedical pain management and rehabilitation products and services used for clinical, sports medicine, home health care and occupational medicine applications.

Cautionary Statement: All statements other than historical facts included in this release regarding future operations, and particularly on the outlook for 2003, are subject to the risks inherent in predictions and "forward looking statements." These statements are based on the beliefs and assumptions of management of Compex and on information currently available to management. Nevertheless, these forward-looking statements should not be construed as guarantees of future performance. They involve risks, uncertainties, and assumptions identified in Compex's filings with the SEC, including:

-- The increasing reliance on results of international operations;

-- The effect of fluctuating exchange rates on international results;

-- Compex's substantial balances of third-party billing business and resulting accounts receivable and the sensitivity of its results to the accuracy of its reserve for uncollectible receivables;

-- Changes in, and Compex's compliance with, regulation and industry practice that affects the rates at which its products are reimbursed, the way it manufactures its products, and the documentation which it submits for reimbursement;

Other factors affect the industry in which Compex functions, including negative publicity about electro-medical stimulation products for medical and fitness applications, and world events that affect the economies of the countries in which its products are sold.