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EMPI REPORTS STRONG FIRST-QUARTER SALES AND EARNINGS GAINS

 ST. PAUL, Minn., April 28 /PRNewswire/ -- Empi, Inc. (NASDAQ: EMPI) a medical device manufacturer, today announced sharply higher sales and earnings for the three months ended March 31, reflecting the impact of the November 1992 acquisition of Medtronic Inc.'s (NYSE: MDT) Nortech division.
 First-quarter sales of $15 million represented a 142 percent increase from first-quarter sales of $6.2 million in 1992. Net income was up even more strongly, reaching $1.9 million, or $.46 per share, compared with $720,000, or $.17 per share, in the year-earlier period.
 Donald D. Maurer, Empi president and chief executive officer, said: "This dramatic revenue growth occurred during our first full quarter following the Nortech acquisition. Our results reflect Empi's ability to retain a large percentage of the Nortech revenue base while leveraging the combined sales force with our complete product line."
 Maurer noted that Empi's cost of goods sold and operating expenses decreased as a percentage of sales during the first quarter, stemming from operating efficiencies made possible by the combination of the Empi and Nortech businesses. The company's adoption of new accounting standards resulted in a one-time income tax charge of $60,000, taken in the 1993 first quarter.
 "We are very pleased with the progress we have made to integrate Nortech's product lines, customer service systems and other operations; the process is almost complete," Maurer said. "Going forward, we believe that our strong core business, coupled with additional revenues from Empi's new products, should lead to another exceptional year for Empi in fiscal 1993."
 Empi develops, manufactures and distributes non-invasive biomedical devices and accessories for electro-therapeutic applications in physical medicine, orthopedic, rehabilitation, urogynecology and neurology markets. The company's shares are traded on the NASDAQ national market system under the symbol EMPI.
 EMPI, INC.
 CONDENSED STATEMENTS OF OPERATIONS
 (in thousands, except per share amounts)
 Three Months Ended
 March 31, Pct.
 1993 1992 Increase
 Net Sales $14,971 $ 6,197 142
 Cost of Sales and Expenses 11,686 5,027 132
 Income Before Income Taxes 3,285 1,170 181
 Income Taxes 1,341 450
 Net Income $1,944 $720 170
 Net Income Per Common Share $.46 $.17 171
 Weighted Average Shares
 Outstanding 4,246 4,208
 -0- 4/28/93
 /CONTACT: Timothy Briggs of Empi, 612-639-2330 or Diane Rose of Padilla Speer Beardsley, 612-871-8877, for Empi/
 (EMPI MDT)


CO: Empi Inc.; Medtronic ST: Minnesota IN: MTC SU: ERN

DS -- MN001 -- 1864 04/28/93 09:59 EDT
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Date:Apr 28, 1993
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