Matrix A7xe Owner's Manual Page 3

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www.gymtechservice.com
Industry News
News
W
hen Technogym, Gambettola, Italy,
introduced its Varios cross trainer last
fall, some people thought it resembled
Precor’s AMT. And that is because the
product uses technology sublicensed from Woodinville,
WA-based Precor. Sublicensing technology from one
equipment manufacturer to another is nothing new in
the fitness industry. However, it is not something that
many manufactures want to admit they do - at least
when they are the one sublicensing the technology
from a competitor.
Cybex International, Medway, MA, does not subli-
cense its technology outside companies because it values
its intellectual property and wants to maintain quality
control over the consistency and preciseness of its prod-
ucts, even if that means foregoing possible revenue, the
company said in a statement. The technology behind the
equipment is so “uniquely defining” that Cybex does not
want to risk putting it into someone else’s hands where
the quality assurance of the final product is beyond the
company’s control, according to the statement.
Similarly, Octane Fitness, Brooklyn Park, MN, has
not sublicensed its technology to outside companies.
From 2005 to 2007, a handful of companies approached
Octane about purchasing a license as a way to break into
the commercial sector, according to Tim Porth, executive
vice president of product development and marketing
and one of the company founders. Octane declined be-
cause it was beginning its expansion into the commercial
market from the consumer market.
“They were direct competitors in our market,” Porth said.
“If it wasn’t a direct conflict, then we would have...
Continued on next page »
Double-Edged-Sublicensing-Sword
Sublicensing Technology to Competitors Oers
Risks and Rewards for Fitness Equipment Manufacturers
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