Thursday, April 22, 2010

Cybex Confirms Actions to Defend Intellectual Property

“Cybex International, Inc. (NASDAQ: CYBI), a leading manufacturer of premium exercise equipment, announced today that it has decisively responded to infringements of its intellectual property rights related to its patented Plate Loaded Leg Press and the company’s pending patent applications for the Bravo Functional Trainer. CYBEX conducted investigations during the recent International Health, Racquet & Sportsclub Association (IHRSA) trade show in San Diego, CA, which uncovered four separate violations of its intellectual property. CYBEX immediately responded by demanding that the offending parties cease and desist from manufacturing, selling or importing into the US products which incorporate CYBEX intellectual property, and each party has agreed to comply with this demand. ‘CYBEX devotes a tremendous amount of time, energy and resources to research and development,’ says Ray Giannelli, CYBEX Senior Vice President, Research and Development. ‘This has resulted in dozens of patents for our industry-leading strength and cardio training equipment. Some of our competitors may be looking for short cuts and find it easier to copy than to innovate. We will always strive to protect the intellectual property we’ve worked so hard to create.’

http://www.businesswire.com/news/home/20100421005173/en/Cybex-Confirms-Actions-Defend-Intellectual-Property

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