Manufacturer and Y Sued Over Exercise BallBy: Jennipher Shaver Jacksonville, FL A Jacksonville, FL, man filed a lawsuit last month against the YMCA of Florida's First Coast and TKO Sports Group. The man, Peter Royal,... KI Software RenamedBy: Jennipher Shaver New York Although KI Software has changed its name to Motionsoft, the company will still offer the same great service and the same great people, according... Star Trac Bike Breaks Guinness World RecordBy: Jennipher Shaver Irvine, CA Star Trac's Spinner NXT recently helped set a new Guinness World Record. The six-person New York Sports Club Cadence/Cycling team used the... Nautilus Board Nixes PlansBy: Pamela Kufahl Vancouver, WA Sherborne Investors has wasted little time making some changes in the direction of Nautilus Inc. now that it controls the board. Last month,... Florida Y and Equipment Manufacturer Sued Over Exercise BallJACKSONVILLE, FL -- A Jacksonville, FL, man recently filed a lawsuit against the YMCA of Florida's First Coast and TKO Sports Group. The man claims that he was injured after an exercise ball that he was using exploded, breaking both of his wrists and his forearm, and injuring both shoulders, according to local Jacksonville media reports.... Sherborne Controls NautilusVANCOUVER, WA -- Nautilus Inc.’s board is now controlled by its largest shareholder, Sherborne Investors, Nautilus confirmed on Monday. At the company’s Dec. 18 shareholder meeting, shareholders voted four Sherborne Investor nominees onto the seven-member board.... Inside ManufacturersISSA, Sportwall Form Partnership The International Sports Sciences Association (ISSA), a fitness certification company, has teamed with Sportwall International,... Health Clubs Go DigitalBy: Kelsey Garrison Pittsburgh, Pa Digital signs are making their way into clubs. ClubCom, a provider of digital signs and digital media networks, has its products in more... Nautilus Board ChangesBy: Pamela Kufahl Vancouver, Wa Even though Sherborne Investors now controls Nautilus' board of directors, Robert Falcone remains president and CEO of the Vancouver, WA-based... Nautilus Vote Too Close to CallBy: By Pamela Kufahl, editor VANCOUVER, WA -- Although Sherborne Investors is claiming victory at yesterday’s meeting of Nautilus shareholders, Robert Falcone, CEO of the equipment manufacturer, told one media outlet that it was too close to call.... Nautilus Gets Support from Advisory FirmsBy: By Pamela Kufahl, editor VANCOUVER, WA – Three voting advisory services have recommended that Nautilus Inc. shareholders vote against the full proposal by Sherborne Investors LP to oust four of Nautilus’ seven board members at the company’s shareholder meeting on Dec. 18 in Vancouver, WA, according to Nautilus. ... Nautilus, Shareholders Face Off at MeetingBy: Pamela Kufahl Vancouver, WA This month, Nautilus Inc. will find out whether shareholders agree with the direction the company is taking or whether they want to go with... Inside ManufacturersStar Trac Supports Dinosaur Dash Run Star Trac supported and cheered 10K runners during the Tustin Public Schools (CA) Foundation's 17th Annual Dinosaur... Nautilus Restructures, Says No to Shareholder GroupVANCOUVER, WA -- Nautilus Inc., under siege by its largest shareholder Sherborne Investors, has turned down that group’s request to replace four of the Nautilus board members with Sherborne representatives. In addition, the company has restructured, making appointments to four positions, two of which are newly created. ... Matrix Sales RiseMatrix Fitness Systems' U.S. third-quarter sales increased by 98 percent over the corresponding 2006 period, the company announced. Over the same time... Bidding for CustomersThe online bidding that consumers have become accustomed to in the travel industry is now moving into the fitness industry with the launch last month... Power Plate Partners With Lady of AmericaLady of America announced it will partner with Power Plate North America to integrate Power Plate pro5 Acceleration Training machines into its clubs.... Octane Fitness HonoredSpecialty News named Octane Fitness the best supplier in the club industry for 2007. Octane Fitness also had the top-selling elliptical for the third... Cybex Reports Growing Revenue in Third QuarterBy: By Pamela Kufahl Medway, Ma Third quarter 2007 net sales for Cybex International increased by 9 percent to $32.6 million, the company announced last month. The figures... Strive, Steelers Team UpThe Pittsburgh Steelers and the United Way of Allegheny County teamed with the Boys & Girls Clubs of Western Pennsylvania and Strive to create the Steelers... Companies Partner To Meet HD DemandsBv Entertainment and SuperPlasma have teamed up to meet the growing demand to upgrade fitness facilities' TVs to the new HD digital broadcasting format.... Mad Dogg Wins SuitMad Dogg Athletics (MDA) won a cyber-piracy lawsuit against NYC Holding for trying to use SPNERGY as its trademark, according to a statement by MDA. MDA... Nautilus Shareholders To Meet in DecemberBy: By Pamela Kufahl Vancouver, Wa As Robert S. Falcone moved into the role of president and CEO of Nautilus Inc., last month, the company faced more troubles, particularly... Life Time Fitness Revenue Up Almost 26 PercentBy: By Pamela Kufahl Eden Prairie, Mn Third quarter 2007 revenue for Life Time Fitness Inc., Eden Prairie, MN, grew 25.8 percent to $169.5 million from $134.7 million during... Nautilus Appoints CEO as Trouble ContinuesBy: By Pamela Kufahl, editor Robert S. Falcone, who has been interim president and CEO of Nautilus since August 2007, was appointed as CEO of Nautilus this month, just two days before the company announced a net loss of $13 million in the third quarter 2007. Net sales for the third quarter were $134 million, compared to $159.6 million for the corresponding period last year, down 16 percent. ... |
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