| |
property for sale in balchik varna brovets bansko bulgaria
News and Information Article
SUNNYVALE, Calif., Sept. 12 // -- Expresso Fitness, the
leading supplier of interactive software for Internet-enabled cardio
fitness systems, announced today that it has raised an additional $4
million through its current investors, San Diego- based Enterprise Partners
Venture Capital. This financing follows a $4.5 million investment by
Enterprise Partners announced in July 2005.
Expresso Fitness, which provides networked and interactive software and
cardio equipment for the multi-billion dollar fitness industry, has
continued to expand its reach into health and fitness facilities in key
domestic markets.
"Were very pleased with the progress Expresso Fitness has made in
bringing its unique brand of interactive services to the fitness industry.
With both new hardware and service offerings planned for the very near
future, we remain bullish about the companys long term prospects," said
Bill Stensrud, a managing director with Enterprise Partners and a member of
the Expresso Fitness board of directors.
Brian Button, co-founder and CEO of Expresso Fitness, said, "The
additional capital from Enterprise Partners will support the launch of our
next generation of cardio fitness products and Internet-based services that
will allow exercisers, trainers and groups to personalize their fitness
regimens and fitness facilities to generate revenue for the first time
directly from the cardio floor."
About Expresso Fitness
Sunnyvale, CA-based Expresso Fitness was founded in 2003 with the
mission of satisfying an exercisers need for an engaging and effective
cardiovascular fitness experience. The company leverages the benefits of
superior interactive technology at an affordable cost to provide the
health, sports and fitness industry with fully integrated, virtual
reality-enhanced cardio fitness systems and revenue-generating customer
services. Bringing together virtual reality, stationary bike equipment and
personalization tools into single, commercial-grade cardio fitness systems,
Expresso bikes are revolutionizing indoor exercise. (
http://www.expressofitness.com )
About Enterprise Partners Venture Capital
Enterprise Partners Venture Capital was founded in 1985 and is the
largest venture firm headquartered in Southern California with more than
$1.1 billion in capital under management. The firm focuses on investments
in wireless technologies, digital media, software, semiconductors and the
life sciences. http://www.epvc.com
Contact: Jonathan Poretz
Double Forte
415-863-4900 (Ext. 209)
jporetz@double-forte.com
| |
|
|
 |
property for sale in balchik varna brovets bansko bulgaria |
|
|
|
|
|
|
|
|
|
Locations
