Thursday, November 19, 2009

CYBEX Introduces Gordhamer to Cybex Capital Group

“Cybex International, Inc. (NASDAQ:CYBI), a leading manufacturer of premium exercise equipment for the commercial and consumer markets, announced today Thomas J. Gordhamer has joined Cybex Capital as Vice President. Gordhamer has over 30 years experience in the financial services industry and comes to Cybex Capital from Icon Capital Corporation based in New York City where he originated financing opportunities. Over the course of his career, Gordhamer has produced over $1 billion in financed transactions. At Cybex Capital, he will be looking to expand the number of domestic and international funding partners offering both leases and loans for the commercial buyers of CYBEX fitness equipment. According to Chuck Lemar, President of Cybex Capital, ‘Tom Gordhamer adds significant value to the Cybex Capital Group and his success in adding new funding sources will be a real plus for our Customers.’ Cybex Capital is a wholly-owned subsidiary of Cybex International, Inc. offering a wide range of financing solutions for customers across the nation.”

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