Matrix Fourth-Quarter Sales Increase 120 Percent in U.S. and 62 Percent Worldwide

“Matrix Fitness Systems, a leading global manufacturer of premium exercise equipment for commercial use, today announced its
U.S. sales for the fourth quarter ending Dec. 31, 2007, increased by 120 percent over the corresponding 2006 period, and worldwide sales grew by 62 percent for the same timeframe. Overall, Matrix’s 2007 domestic sales increased 102 percent, and global sales grew by 58 percent. This marks the third consecutive year that Matrix has attained triple-digit percentage growth in U.S. sales.‘Much of our domestic growth can be attributed to the addition of key personnel, expansion of our U.S. commercial sales team and forming key partnerships with our valued customers,’ said Chris Clawson, president, Matrix Fitness Systems. ‘The success of our innovative new products, including the Ascent Trainer, Incline Elliptical and the Hybrid Cycle, further fueled our phenomenal sales growth.’”