Cybex International, Inc. Announces Extension of Its Bank Facility Through December 2003.

Business Editors

MEDWAY, Mass.--(BUSINESS WIRE)--Dec. 21, 2001

Cybex International, Inc. (AMEX: CYB) a leading exercise equipment manufacturer, today reported that it has finalized an agreement with its banks which, among other things, extends the maturity date of the facility to December 31, 2003, waives any defaults, and amends certain financial covenants and principal repayment terms.

John Aglialoro, Chairman and Chief Executive Officer, stated: "Cybex International is pleased to have a long-term banking facility established. This agreement demonstrates the recognition of Fleet and First Union Banks of the progress that has been made in 2001 and their confidence in the future of Cybex. This new financing agreement will enable Cybex to meet its aggressive schedule of new product introductions in 2002."

Cybex International, Inc. is a leading manufacturer of premium exercise equipment for consumer and commercial use. Cybex and the Cybex Institute, a training and research facility, are dedicated to improving exercise performance based on an understanding of the diverse goals and needs of individuals of varying physical capabilities. Cybex designs and engineers each of its products and programs to reflect the natural movement of the human body, allowing for variation in training and assisting each unique user -- from the professional athlete to the rehabilitation patient -- to improve their daily human performance. For more information on Cybex and its product line, please visit the company's web site at www.eCybex.com.

This news release may contain forward-looking statements. There are a number of risks and uncertainties that could cause actual results to differ materially from those anticipated by the statements made above. These include, but are not limited to, competitive factors, technological and product developments, market demand, uncertainties relating to the consolidation of the merged and acquired companies' businesses and uncertainties relating to the implementation of the restructuring plan. Further information on these and other factors which could affect the Company's financial results can be found in the Company's previously filed Reports on Form 10-K, its Reports on Form 10-Q, its Current Reports on Form 8-K, and its proxy statement dated April 25, 2001.