Cybex International Introduces New Cardiovascular and Strength Products At Major Fitness Equipment Trade Show; Customer Response Highly Enthusiastic.Business Editors/Health Writers IHRSA IHRSA International Health, Racquet and Sportsclub Association MEDWAY, Mass.--(BUSINESS WIRE)--April 13, 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) ), the leading manufacturer of premium human performance equipment, announced today that initial customer response to the company's new cardiovascular and strength equipment was very positive. Peter Haines, President and Chief Executive Officer, commented, "We're very excited by the favorable reception Noun 1. favorable reception - acceptance as satisfactory; "he bought it on approval" favourable reception, approval acceptance - the state of being acceptable and accepted; "torn jeans received no acceptance at the country club" that our new products received at the IHRSA (International Health, Racquet and Sportsclub Association) show held in San Francisco San Francisco (săn frănsĭs`kō), city (1990 pop. 723,959), coextensive with San Francisco co., W Calif., on the tip of a peninsula between the Pacific Ocean and San Francisco Bay, which are connected by the strait known as the Golden in March. It was our best show in many years and reaffirmed our commitment to deliver innovative human performance products to the commercial and consumer markets." The three new products exhibited at the show were the Cybex 600T Treadmill, the FT 360 Functional Trainer and the MG 500 MultiGym. Each product addresses an important niche of the fitness equipment market and embodies the latest advances in biomechanics and exercise physiology exercise physiology n. The study of the body's metabolic response to short-term and long-term physical activity. . -- 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. -- The Cybex FT 360 Functional Trainer is a highly versatile tool designed to improve human performance across a broad spectrum of users, from rehabilitation patients to professional athletes. Because the FT 360 allows users to apply resistance in an unlimited range or 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. Among the enthusiastic comments made by industry participants: "From a new product standpoint, Cybex looks stronger than at anytime in the past three years. Activity at their booth was brisk from start to finish," said John McCarthy (person, artificial intelligence) John McCarthy - A pioneer of artificial intelligence (he coined ther term). He invented Lisp at MIT in the late 1950s and later worked at SAIL. ftp://www-formal.stanford.edu/jmc. E-mail: <jmc@cs.stanford.edu>. , Executive Director of the International Health, Racquet and Sportsclub Association. "I've been a supporter of Cybex for years," said Kent Lehnoff, Vice President of Franchising of Gold's Gym Gold's Gym International, Inc. is an international chain of co-ed fitness centers (commonly referred to as "gyms") originally started in California by Joe Gold. Each gym features a wide array of exercise equipment and personal trainers to assist clients. . "With what I saw at the show, they continue to be industry leaders in both strength and cardiovascular products." Steve Roll, principal of Gillies Cycling and Fitness, commented, "I was really impressed with the new product rollouts. The FT 360 promises to be a hit in any facility. In fact, I want to put one in my home." Shipments of the three products are scheduled to begin in June. Cybex International, Inc. is a leading manufacturer of premium 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 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 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 September 25, 1999, 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 16, 1999. |
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