Cybex International Begins Shipping Newest Products, Reports Backlog of Orders.Business Editors MEDWAY, Mass.--(BUSINESS WIRE)--July 17, 2000 Cybex International, Inc. (AMEX AMEX See: American Stock Exchange :CYB CYB Canada Year Book (Historical Collection) CYB Cayman Brac Island, Cayman Islands (Airport Code) CYB Cover Your Butt CYB Carlsbad Youth Baseball (Carlsbad, California) ), a leading strength and cardiovascular equipment company, announced today that it has begun filling a backlog of orders for three new products. The company reports that the Cybex 600T Treadmill, the FT 360 Functional Trainer and the MG 500 MultiGym began shipping to customers and are in full production. "Our newest equipment has been received enthusiastically by our customers since they were introduced at a major fitness equipment show in March, and at our recent Cybex University training sessions," said Peter C. Haines President and CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. of Cybex. "These products, and the new total body conditioner which we will start shipping later this year, are keys to our growth and increased market penetration Noun 1. market penetration - the extent to which a product is recognized and bought by customers in a particular market penetration - the act of entering into or through something; "the penetration of upper management by women" ," Haines added. -- The Cybex 600T Treadmill is the next generation of Cybex's line of high-performance treadmills. Key features include the Cybex StableFlex (TM) system that absorbs shock and offers superior stability as well as a new easy to use display with a heart rate control feature. -- The Cybex FT 360 Functional Trainer is a highly versatile tool designed to improve human performance across a broad spectrum of users, from personal trainers to professional athletes. Because the FT 360 allows users to apply resistance in an unlimited range of motion and combination of movements, it accommodates an unusually wide range of strength training programs. -- The Cybex MG 500 is a compact multi-gym that offers more than 30 biomechanically correct exercises and is ideal for hotels and corporate fitness centers where exercise space is generally limited. The MG 500 features user-defined exercise movements that ensure maximum effectiveness. Cybex International, Inc. is a leading manufacturer of premium performance cardiovascular and strength training equipment for consumer and commercial use. Cybex and the Cybex Institute, a training and research facility, are dedicated to improving human 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 rehabilitation: see physical therapy. 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, and uncertainties relating to relating to relate prep → concernant relating to relate prep → bezüglich +gen, mit Bezug auf +acc the consolidation of the merged and acquired companies' businesses. 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 Form 10-K A report required by the SEC from exchange-listed companies that provides for annual disclosure of certain financial information. Form 10-K See 10-K. for the year ended December 31, 1999, its Form 10-Q Form 10-Q See 10-Q. for the period ending March 31, 2000, and its proxy statement Proxy Statement A document containing the information that a company is required by the SEC to provide to shareholders so they can make informed decisions about matters that will be brought up at an annual stockholder meeting. dated April 18, 2000. |
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