• Press Release
  • Corporate
| June 4, 2021
Dentsply Sirona acquired the assets of Propel Orthodontics, a leading innovator in orthodontic devices

Dentsply Sirona today announced that it has acquired substantially all of the assets of Propel Orthodontics, includingthe VPro device and the Fastrack Mobile App. Propel Orthodontics is a leading innovator, manufacturer, and worldwide seller of orthodontic devices. Propel Orthodontics offers in-office and at-home orthodontic solutions to dentists and their patients. The acquisition is an important step for Dentsply Sirona to further strengthen its position in the fast-growing clear aligner market. The acquired product lines perfectly complement the Byte® and SureSmile® businesses.

Dentsply Sirona today announced that it has acquired substantially all of the assets of Propel Orthodontics

Charlotte, NC/ San Jose, CA. The acquisition of the assets of Propel Orthodontics will open up significant opportunities for Dentsply Sirona to drive innovation in the field of clear aligner and orthodontic treatment. The products lines Dentsply Sirona is acquiring are a key differentiator as they improve treatment times and patient comfort. They also add digital capabilities to Byte and SureSmile to improve patient engagement and treatment monitoring.

The at-home High Frequency Vibration (HFV) product line consists of the VPro5®, VPro+™, and VPro™ and supports both active treatment and retention at just 5 minutes per day. When used as part of an orthodontic treatment plan, this easy-to-use device featuring patented high frequency vibrational technology can increase patient comfort and may reduce overall treatment time significantly. Moreover, following the acquisition, Dentsply Sirona will continue to enhance the VPro Fastrack App, which helps patients and providers remotely monitor the orthodontic treatment plan.

'With the acquisition of the assets of Propel Orthodontics, Dentsply Sirona takes another step to position the company as a leading innovator in the fast-growing clear aligner market. It is the perfect match to Byte, and our SureSmile business, and is also a strong strategic fit with Dentsply Sirona. The acquisition supports innovation in the orthodontics space of Dentsply Sirona as well as the capacity to further invest in the future product development in this area,' says Don Casey, CEO of Dentsply Sirona.

Byte, which was acquired by Dentsply Sirona in December 2020, already includes the VPro product, labeled as HyperByte, in every treatment. Dentsply Sirona will also work on launching new branding as part of the SureSmile portfolio for the professional market after the integration of the assets of Propel Orthodontics and will continue to sell VPro directly to dental professionals.

Patients will benefit from the acquisition as they will have the opportunity to use the VPro product line with more offerings in the future. This contributes to the two companies' goals of providing more patients with access to simple and comfortable oral care.

Due to the different approval and registration times, not all technologies and products are immediately available in all countries.

About Propel Orthodontics

Propel Orthodontics is a leading innovator, manufacturer and worldwide seller of orthodontic devices with offices in Briarcliff Manor, New York, and San Jose, California. The company provides in-office and at-home orthodontic accessory devices to orthodontists and their patients, including the VPro5™, a vibratory orthodontic device used to properly seat aligners in 5 minutes a day.

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Press Contact

Marion Par-Weixlberger
Vice President Public Relations & Corporate Communications

Sirona Strasse 1, 5071 Wals bei Salzburg
Austria

+43 662 2450 588
+43 676 84 84 14 588
Marion.Par-Weixlberger@dentsplysirona.com

Tanja Lauinger
Senior Corporate Public Relations Manager

Sirona Strasse 1, 5071 Wals bei Salzburg
Austria

+43 662 2450 629
+43 664 600 97 629
Tanja.Lauinger@dentsplysirona.com

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This information and any attachment thereto contains forward-looking information about Dentsply Sirona, Inc.'s financial results, guidance and estimates, business prospects, and products and services that involve substantial risks and uncertainties or other factors that may cause actual results, performance or achievements to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements. You can identify these statements by the use of words such as 'may,' 'could,' 'estimate,' 'will,' 'believe,' 'anticipate,' 'think,' 'intend,' 'expect,' 'project,' 'plan,' 'target,' 'forecast', and similar words and expressions which identify forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Such statements are not guarantees of future performance and involve known and unknown risks and uncertainties, and other factors. Readers are cautioned not to place undue reliance on such statements, which speak only as of the date hereof. For a discussion of such risks, uncertainties and other matters that could cause actual results to differ materially, including risks relating to, among other factors, the market for dental product and services, pricing, future sales volume of the Company's products, the possibility of changing economic, market and competitive conditions, dependence on products, dependence on key personnel, technological developments, intense competition, market uncertainties, dependence on distributors, ability to manage growth, dependence on key suppliers, dependence on key members of management, government regulation, acquisitions and affiliations, readers are urged to carefully review and consider various disclosures made by the Company in its Annual Report on Form 10-K and in its reports on Forms 10-Q and 8-K filed with the U.S. Securities and Exchange Commission. The Company assumes no obligation to update any forward-looking statements contained in this document or the attachments to reflect new information or future events or developments after the date any such statement is made.

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Dentsply Sirona Inc. published this content on 04 June 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 04 June 2021 23:24:01 UTC.