Printer Friendly

LUMEX, INC., ANNOUNCES INITIAL SHIPMENTS OF CYBEX CONSUMER FITNESS PRODUCT

 BAY SHORE, N.Y., Sept. 14 /PRNewswire/ -- Lumex, Inc. (AMEX: LUM), announced today that its CYBEX division has made initial shipments of its new consumer fitness product, the CYBEX Personal Strength System. The innovative home multi-gym was shipped to consumer fitness equipment distributors in Minneapolis and Chicago as the first cities in a nationwide rollout which is planned to reach over 180 cities by the end of 1994.
 Lawrence N. Cohen, chief executive officer of Lumex, Inc., said: "We are very pleased with the overwhelmingly favorable response to the CYBEX Personal Strength System in our initial cities. CYBEX is accelerating development of additional consumer fitness products, including cardiovascular equipment, to provide our distributors with a complete line of CYBEX equipment for the home market. We expect our CYBEX consumer products unit to contribute to Lumex's revenue growth beginning in the fourth quarter, with a strong contribution expected in 1994."
 Lumex, Inc., is a leading manufacturer of products for the health care industry through its LUMEX and CYBEX divisions, serving acute and long-term care, home health care, physical therapy/sports medicine and fitness market segments.
 -0- 9/14/93
 /CONTACT: June Filingeri or Bernie Kilkelly of Morgen-Walke Associates, 212-850-5600/
 (LUM)


CO: Lumex, Inc. ST: New York IN: HEA SU: PDT

TW -- NY040 -- 1723 09/14/93 11:17 EDT
COPYRIGHT 1993 PR Newswire Association LLC
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 1993 Gale, Cengage Learning. All rights reserved.

Article Details
Printer friendly Cite/link Email Feedback
Publication:PR Newswire
Date:Sep 14, 1993
Words:218
Previous Article:INFOMED ANNOUNCES NEW CHIEF FINANCIAL OFFICER
Next Article:SPORTS MEDIA BRINGING PRO TEAM YEARBOOKS DISTRIBUTION TO RETAIL OUTLETS NATIONWIDE; AGREEMENTS WITH FOUR CHAINS TOTALING MORE THAN 400 STORES
Topics:

Terms of use | Copyright © 2016 Farlex, Inc. | Feedback | For webmasters