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March 4, 2024 - Precor Partners with Glutebuilder to Revolutionize Glute Training with New Product Line

Woodinville, WA - Precor, trusted fitness solution provider to more than 14,000 global facilities, is thrilled to announce its exclusive partnership with Glutebuilder, a trailblazer in innovative and biomechanically focused designs, to introduce an all-new line of patent-pending glute training products. This collaboration combines the visionary motion design of Arturo García López, Founder, and CEO of Glutebuilder, with Precor's renowned excellence in design engineering, quality manufacturing, and exceptional service.

Launching in 2024, the Precor Glutebuilder Line features six cutting-edge products specifically tailored for glute training. Arturo García López is the principal inventor and designer of these revolutionary new products and Precor is the exclusive global distributor.

Dustin Grosz, CEO of Precor, offered his enthusiasm about the partnership, stating, "We recognize the surging popularity of glute training worldwide, and the innovations within the new Precor Glutebuilder Line offer novel ways to engage and attract new fitness enthusiasts. We are delighted to partner with this esteemed brand and leverage Arturo's groundbreaking developments."

This line sets new benchmarks in the plate-loaded glute equipment category. With unique and unparalleled biomechanics, these Glutebuilder machines offer exceptional adjustability, setting a new standard for glute training in the fitness industry. This comprehensive product portfolio caters to the needs of both trainers and exercisers, providing one of the most effective solutions for glute training available.

Arturo shared his excitement about the collaboration, remarking, "I am thrilled to collaborate with Precor in developing and launching this inventive new product line. Precor has a proven reputation for product design, manufacturing excellence, and exceptional support that makes this alliance ideal for introducing our state-of-the-art innovations to operators worldwide."

The unveiling of these revolutionary products is scheduled to take place at the IHRSA show in March in Los Angeles, California, USA and the FIBO show in April in Cologne, Germany.

For more information about the Precor Glutebuilder Line, visit www.precor.com/Glutebuilder.

About Glutebuilder

Founded in 2012, Glutebuilder is a pioneer in visionary motion design and trainer education. With a scientific approach combined with practical training and design expertise, Glutebuilder develops unique equipment and training methods to help athletes of all levels achieve safe and effective results.

About Arturo García López, Founder and CEO of Glutebuilder

Arturo García Lopez, a competitive amateur athlete from Spain, brings a wealth of experience in training, sports science, and biomechanics. With a bachelor's degree in Sports Science from the University of Granada and a master's degree in Exercise and Health from the University of Madrid, Arturo has served as a trainer and coach for 17 years. He previously held the position of Director of Research & Education at Gym80 and holds numerous patents for his visionary strength training products.

About Precor

Precor, a wholly owned subsidiary of Peloton and headquartered in Woodinville, WA, has been a pioneer in delivering fitness experiences for commercial customers and exercisers for more than 40 years. Precor serves more than 100 countries worldwide with offices in the Americas, EMEA, and APAC. Precor products and services span across all major categories, including cardio, strength, functional fitness, and connected fitness solutions. Precor segments include commercial clubs/facilities and the verticals of hospitality, multi-family housing, corporate, and education. For more information, visit www.Precor.com.

Precor, the pioneer of connected commercial fitness equipment and EGYM, the global fitness technology and corporate health innovation leader, continue to pave the way with their latest integration on the third generation of Precor cardio consoles.

Precor made history in 2011 with the launch of the first connected fitness console. Since then, exercisers from over 14,000 facilities across 100 countries have completed an astonishing 1.2 billion workouts and counting on Precor connected fitness cardio products.

This remarkable milestone has set the stage for the evolution of the next generation of connected fitness solutions, in partnership with EGYM and redefining standards in performance, fitness, and entertainment.

EGYM's Smart Cardio ecosystem

EGYM has integrated directly with Precor P82 and P62 touchscreen cardio consoles since 2017, including cardio tests, training programs, on-screen gamification, and more. Now members can extend the immersive EGYM Experience through the all-new Smart Cardio integration on the latest generation of Precor P94 and p84 touchscreen consoles.

Launching soon, Smart Cardio brings together EGYM’s advanced fitness software with Precor’s lightning-fast technology, innovative modular design, and a best-in-class media experience, including a wide range of workouts to keep exercisers motivated and engaged. Operators will benefit from an industry-changing cardio experience, designed to supercharge their business and member’s workouts.

“Precor is excited to continue our partnership with EGYM on our latest line of connected consoles. We believe that operators should have the flexibility to choose the partners that work best for their business and EGYM has proven to be a leader in innovative connected solutions that improve the experience on Precor connected fitness equipment, and help operators engage with their members throughout the facility.” – Dustin Grosz, Precor CEO.

“EGYM is honored to have a longstanding collaboration with Precor, an innovator in the field, and we eagerly anticipate advancing our joint innovative efforts with our esteemed colleagues at Precor for the benefit of fitness facilities around the globe.” – Philipp Roesch-Schlanderer, EGYM CEO.

Visit Precor at IHRSA 2024, stand 1330, and FIBO 2024, stand 6B81, to see many more connected fitness, strength, and functional training updates from Precor.

For more information on Precor’s connected fitness solutions, visit www.precor.com/egym.

About EGYM GmbH

EGYM is a global fitness technology leader providing fitness and health facilities with intelligent workout solutions. EGYM makes exercising smarter and more efficient with its comprehensive suite of connected gym equipment and digital products that integrate seamlessly with 3rd-party hard- and software. EGYM enables gym owners and operators to leverage a fitness technology ecosystem that delivers a fully connected workout experience for exercisers and drives measurable business and health outcomes on and off the fitness floor.

EGYM's global headquarters are in Munich, Germany, with additional offices across Europe, and North American offices in Denver, Colorado.

About Precor

Precor, a wholly owned subsidiary of Peloton and headquartered in Woodinville, WA, has been a pioneer in delivering fitness experiences for commercial customers and exercisers for more than 40 years. Precor serves more than 100 countries worldwide with offices in the Americas, EMEA, and APAC. Precor products and services span across all major categories, including cardio, strength, functional fitness, and connected fitness solutions. Precor segments include commercial clubs/facilities and the verticals of hospitality, multi-family housing, corporate, and education. For more information, visit www.Precor.com.

For further information and images please contact: marketing@precor.com.

Precor launches new functional strength training line powered by BeaverFit

Precor, trusted fitness solution provider to more than 14,000 global facilities, has selected BeaverFit, the world’s largest supplier of fitness equipment to U.S. and NATO militaries, to design and manufacture their new functional training line.

"We are thrilled to announce the launch of this new product line in partnership with BeaverFit," shared Adam Hubbard, Precor director of product and marketing. "BeaverFit's extensive experience in developing purpose-built, functional training equipment that withstands the toughest environments, combined with their expertise in premium design and manufacturing, made them a perfect fit for Precor. They have been exceptional partners throughout the development process, and we are excited to introduce these new products to our customers this spring."

For Precor, this new line brings together the quality, performance, and innovation that customers have always trusted, with the proven reliability and rugged designs of BeaverFit. This powerful combination creates a solution for customers that will meet the rapidly evolving strength and functional training needs of modern fitness facilities.

“We couldn’t be more excited about this partnership with the Precor team,” echoed Nick Vay, VP of commercial sales, BeaverFit. “The synergy between our brands is remarkable, and we deeply appreciate the chance to provide our world-class functional training solutions to support their outstanding team and customers across the globe."

Originating from a family-owned steel fabrication business in the U.K., BeaverFit gained prominence in the early 2010s by supplying custom-outfitted container gyms to military organizations. With rapid expansion into commercial fitness, BeaverFit now empowers individuals worldwide to achieve their fitness goals with versatile training solutions.

This partnership introduces an impressive selection of more than 10 product options to Precor’s catalog, showcasing space-efficient functional training solutions with integrated storage. These solutions are meticulously designed to create purpose-built zones for functional exercises, ensuring that other strength areas remain open for primary lifts.

  • Fitness Post: The most compact of the new offerings offers training and storage capabilities for a single user in small spaces.
  • Bay Unit: This solution raises the bar with multiple functional training modalities in a single- or multiple-unit station, with various exercise and integrated storage configurations available.
  • Bridge Unit: Featuring a 15-foot span of monkey bars to connect storage and exercise stations, this multi-user, multi-modality training station also provides neatly integrated organization for all accessories.

These solutions will be available throughout the U.S and internationally in select countries. Each product goes beyond spec with industry leading steel, in keeping with BeaverFit’s core promise to use only the highest quality materials sourced and manufactured in America and Britain.

"At the core of our company is our commitment to domestic sourcing and manufacturing, a cornerstone that guarantees the quality and reliability of our products. This pledge extends to our partners, ensuring their satisfaction,” Vay said. “Teaming up with Precor fills us with excitement as we embark on a journey to introduce our superior training solutions to a global audience.”

For more information on the newest line of Precor offerings powered by BeaverFit, visit www.precor.com/functional-training.

About Precor

Precor, a wholly owned subsidiary of Peloton and headquartered in Woodinville, WA, has been a pioneer in delivering fitness experiences for commercial customers and exercisers for more than 40 years. Precor serves more than 100 countries worldwide with offices in the Americas, EMEA, and APAC. Precor products and services span across all major categories, including cardio, strength, functional fitness, and connected fitness solutions. Precor segments include commercial clubs/facilities and the verticals of Hospitality, Multi-Family Housing, Corporate, and Education. For more information, visit www.Precor.com.

About BeaverFit

BeaverFit is a global leader in world-class indoor, outdoor, and mobile training solutions to empower individuals to achieve their mission however they train, wherever they train. As the trusted partner in creating training capabilities, BeaverFit supports all branches of the U.S. military, NATO forces, universities, fitness clubs and Fortune 500 companies with American- and British-made equipment and accessories. With in-house design engineers and manufacturing, BeaverFit takes on the challenge of creating custom, turnkey equipment solutions that meet the specific space, needs and training requirements of partners. For more information, visit www.beaverfitusa.com.

June 15, 2023 - Precor Reaffirms Itself In Premium Sector With All-New Executive Team

Premium fitness equipment manufacturer and supplier, Precor, has made a series of appointments to its executive team, including a new UK Sales Leader.

Following the appointment of Dustin Grosz as Chief Executive Officer and Frank O’Rourke as Senior Vice President of Global Sales earlier this year, the leading fitness equipment supplier has now appointed Simon Overing as its new UK Sales Leader.

A seasoned industry professional, Simon began his fitness career as a PT in the armed forces. He has a wide range of UK/EMEA sales leadership experience spanning 23 years. Based in Nottinghamshire, Simon is ideally located in the heart of the country to lead the Precor UK sales team.

He says: “I was excited by the chance to work with one of world’s leading brands; a product of this quality was too big to say no to – it’s an awesome opportunity! We are directly responsible for our own destiny and are super clear on what we are trying to achieve and how. For me, that’s making sure our customers know we’re here to support them and ensuring our actions speak louder than words. People, whether that’s customers, staff or Partners, are what the business is all about and we must prioritise them with our time, empathy and integrity; that’s where success comes from.”

In his most recent role prior to joining Precor, Simon developed and executed sales and marketing plans to increase sales and market share throughout Asia, Europe, the Middle East and Latin America.

A fully fledged global team

Thanks to further appointments, Precor now has an all-new global executive team. Dustin Grosz has more than 30 years of experience in the industry and brings a deep knowledge of fitness and wellness alongside a proven track record of leading companies through transformational growth.

Frank O’Rourke joined Precor to lead company engagement with customers and grow Precor’s sales and distribution relationships across multiple geographies. He brings three decades of industry experience from senior leadership and sales management positions at Core Health & Fitness and Nautilus, Inc.

Kelsey Hennessy, an experienced HR professional, joins as Global Head of Human Resources while Mitchell Pavao has been appointed Vice President of Global Technology. Hennessy, most recently a Senior People Business Partner with Peloton, will support Precor by establishing best people practices during this period of growth and transformation. Pavao has contributed expertise to the Precor team for the past two years in his role as Senior Director, M&A Technology at Peloton. He has previously held Head of Technology positions at Myspace, SpinMedia and Leaf Group.

Jon Sullivan joins the team as Chief Financial Officer, having worked for eight years at Amazon, supporting Amazon Web Services and the Prime Video business. Dave Mendenall joins as Senior Vice President of Global Operations and Supply Chain, coming to Precor with more than 20 years’ experience in the fitness and technology industries.

“These appointments mark an important milestone, signalling the next chapter for Precor,” says Simon. “Precor is back to doing what it does best, producing reliable commercial fitness equipment and delivering on our customers' needs through a full-service hands-on consultative partnership approach.”

For further information and images, please contact:

Wendy Golledge at Big Fish Public Relations Tel: 07921 319517 Email: wendy@bigfishpublicrelations.co.uk

About Precor Precor, a wholly owned subsidiary of Peloton and headquartered in Greater Seattle, WA, has been a pioneer in delivering fitness experiences for commercial customers and exercisers for more than 40 years. Precor serves more than 100 countries worldwide with offices in the Americas, EMEA and APAC. Precor products and services span across all major categories, including cardio, strength, functional fitness, group training and connected solutions. Precor segments include commercial clubs/facilities and the verticals of Hospitality, Multi-family Housing, Corporate and Education. For more information visit www.precor.com

Precor Announces New Benelux Distribution Partner

Precor is proud to work with our new distributor, M-Fitness, to provide its distribution partner best-in-class cardio, strength, and connected fitness solutions across the Benelux region.

This new strategic partnership will ensure Precor remains strong, responsive, efficient, and streamlined in its operations across Belgium, Netherlands, and Luxembourg; the specific local knowledge and experience of the team behind M-Fitness will help Precor continue to deliver top-tier service to its customers across the Benelux region.

Sven Colonne, M-Fitness Director, details: “Adding Precor to our portfolio is a dream come true. Not only are we adding a market-leading brand whose quality and reliability is second to none, but it’s a perfect match for our existing customers and the current Precor customer base. In a time where clubs must reinvent themselves and new concepts are being created every day, M-Fitness is the right partner for Benelux fitness operators through our experienced team of professionals who will ensure the best possible service and support, from first inquiry, through installation of the product, and after the sale.”

Frank O’Rourke, Precor Senior Vice President Global Sales, shares: “We are motivated by our new strategic partnership with M-Fitness across the Benelux region. The M-Fitness team comes with a wealth of industry knowledge and is excellent in their support and service of their customers. With this partnership, we’re confident that our Precor customers - existing and future - will have a positive experience that will cascade across communication, delivery, and service to create a long-term partnership.”

M-Fitness will directly represent the Precor brand and products throughout the Benelux region, including taking on responsibility for sales, installation, service, and warehousing. Precor remains committed to these markets, and its commercial teams, logistics and marketing department will collaborate with M-Fitness to ensure Benelux operator partners receive optimal equipment, service, and support.

About Precor Precor, a wholly owned subsidiary of Peloton and headquartered in the Greater Seattle area of Washington State in the United States, has been a pioneer in delivering fitness experiences for commercial customers and exercisers for more than 40 years. Precor serves more than 100 countries worldwide with offices in the Americas, EMEA, and APAC. Precor products and services span across all major categories, including cardio, strength, functional fitness, and connected solutions. Precor segments include commercial clubs/facilities and the verticals of Hospitality, Multi-family Housing, Corporate, and Education. For more information, visit https://www.precor.com.

About M-Fitness Founded in 1995 and headquartered in Utrecht, Netherlands, M-Fitness has more than 20 years’ experience in the fitness market. M-Fitness uses their years of experience, broad market knowledge, and strong fitness concepts to help fitness operators make the right choices in fitness equipment that is supported by innovative concepts and independent selection of the latest fitness equipment. All with the overall goal of helping operators move to the next level. For more information, visit https://m-fitness.nl.

Peloton Appoints Dustin Grosz as Chief Executive Officer of Precor

Frank O’Rourke joins Precor’s leadership team as Senior Vice President of Global Sales

NEW YORK, 14 February – Peloton (NASDAQ: PTON), the leading connected fitness platform, announced today its Board of Directors (“Board”) has appointed Dustin Grosz as Chief Executive Officer of Precor, a wholly-owned subsidiary of Peloton, effective immediately. Grosz has served as Interim Chief Executive Officer since December 12, 2022. Grosz brings more than 30 years of experience in the fitness industry. He will report to Dion Camp Sanders, Chief Emerging Business Officer of Peloton.

“Dustin’s appointment as CEO marks an important milestone signaling the next chapter for Precor. He has a proven track record leading companies through transformational growth, and a deep knowledge of the fitness and wellness industry. As interim CEO, Dustin has already had a positive impact on the organization bringing to bear his strong experience in global supply chain and distribution, manufacturing, and sourcing strategies,” said Sanders, Chief Emerging Business Officer of Peloton. “Dustin’s immediate focus will be to return Precor to a position where it generates positive free cash flow.”

Grosz previously served as president and COO of Core Health & Fitness where he led the restructuring of a $180 million business. From 2011 to 2019, Grosz also served as president and COO of Star Trac. Prior, he was president and CEO of StairMaster where he transformed an underperforming product line in the first year of management. He has also held several positions at Nautilus Inc.

Frank O’Rourke has also joined Precor as senior vice president of global sales. Based in the United States, O’Rourke will report directly to Grosz and will oversee Precor’s global sales and go-to-market strategy to transform and grow the company’s sales and distribution relationships across multiple geographies. O’Rourke brings more than 30 years of experience in the fitness industry and has held several senior leadership and sales management positions at Core Health & Fitness and Nautilus, Inc.

About Precor Precor, a wholly owned subsidiary of Peloton and headquartered in Greater Seattle, WA, has been a pioneer in delivering fitness experiences for commercial customers and exercisers for more than 40 years. Precor serves more than 100 countries worldwide with offices in the Americas, EMEA, and APAC. Precor products and services span across all major categories, including cardio, strength, functional fitness, group training, and connected solutions. Precor segments include commercial clubs/facilities and the verticals of Hospitality, Multi-family Housing, Corporate, and Education. For more information, visit www.Precor.com.

About Peloton Peloton (NASDAQ: PTON) is the leading connected fitness platform with a highly engaged community of nearly 7 million Members worldwide. A category innovator at the nexus of fitness, technology, and media, Peloton's first-of-its-kind subscription platform seamlessly combines innovative hardware, distinctive software, and exclusive content. Its world-renowned instructors, coach and motivate Members to be the best version of themselves anytime, anywhere. Founded in 2012 and headquartered in New York City, Peloton continues to scale across the US, UK, Canada, Germany, and Australia. For more information, visit www.onepeloton.com.

PRESS CONTACT: Ojas Naik ojas.naik@zenogroup.com