Aetrex Worldwide, Inc. Adds Distributors, Builds Global Infrastructure

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Teaneck, NJ – Aetrex Worldwide, Inc. (“Aetrex”), the global leader in foot scanning technology and orthotics, is further expanding its global reach with the addition of Gerimais to its extensive network of distribution partners. Gerimais marks the company’s 16th international distributor.

Aetrex’s roster of distributors grew two-fold in 2016, a surge that included successful appointments in both South Africa and Taiwan. The company has its sights on up to seven new appointments of distribution partners before the close of 2017.

“Aetrex is experiencing healthy and deliberate growth globally that can be attributed to its alignment with the right strategic partners, and overall awareness for the wellness movement where Aetrex has spent seven decades building a ubiquitous position,” said vice president of international business development, Peter Malkin. “Today, Aetrex is distributed in 37 countries with an expanding suite of products and technology that has nothing but opportunity in front of it.”

As a 71-year-old family-owned company, Aetrex is a quiet leader in its category, sustaining growth in an otherwise challenging retail environment. Continual investments, including more than a dozen full-time employees to its Israel technology development facility, as well as the recent acquisition this year of SOLS, has helped the company stay in front of the curve as well as optimize its supply chain and operations globally.

After more than two years of research and development, Aetrex will introduce its proprietary 3D foot-scanning device, Albert, to retailers worldwide this June. This first-of-its-kind technology gives customers a 3D digital analysis of the foot, providing an accurate read in size, pressure and arch type. The Aetrex team recently visited Israel to showcase the new Albert technology to 30 global distribution partners setting momentum for the launch.

“I’m thrilled that we are well positioned to serve our partners’ businesses and support the brand’s long-term growth globally,” said Larry Schwartz, CEO at Aetrex. “Aetrex has made a significant investment over the years in sustaining international business with more than 10 new product developments across categories in the last year alone. It is an exciting time for our company and we’ve only begun to realize the potential of our business globally.”

About Aetrex Worldwide, Inc.

Aetrex Worldwide, Inc. is widely recognized as the global leader in comfort and wellness footwear products. With fashion, function and quality at the forefront, Aetrex designs and manufactures therapeutic, casual, dress, sandal and athletic footwear for both men and women. Aetrex also developed industry-leading foot scanning devices, including Albert and iStep, designed to accurately measure feet and determine foot type and pressure points. It is also renowned for its over-the-counter Lynco Orthotics, the world’s #1 foot orthotic system. The New Jersey-based corporation is consistently named one of New Jersey’s Top 100 Privately Held Companies and was also included in NJBIZ’s Top 30 Manufacturing Companies. It has remained privately owned by the Schwartz family for three generations. For additional information, please visit www.aetrextechnology.com.

Media Contact: TURNER | aetrex@turnerpr.com | 212-889-1700

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