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Industry News

The lowdown on high-tech

  • Belmont Financial Services

    (Baltimore) announced that Gold's Gym International (GGI) has selected it as a preferred vendor. Already operational in more than 50 Gold's Gyms, Belmont's accounts-receivable management services have earned the seal of approval from the GGI corporate office.

  • ClubCom Inc.

    (Pittsburgh) announced the closing of a Series B financing round, bringing its 12-month total funding to $9.5 million. The Series B investor group, led by Draper Triangle Ventures, includes Stonewood Capital Management and Residentie Investments BV, part of the Achmea Group of the Netherlands. According to Thomas Lapcevic, the chairman and CEO of ClubCom, this financing is a testament to ClubCom's business model and accomplishments.

  • Weider Nutrition International Inc.

    (Salt Lake City) appointed three new agencies to complete its marketing team. The new agencies are Butler, Shine & Stern for national advertising, MARS Advertising for promotions and account-specific marketing, and Porter Novelli for public relations.

  • FitnessMX

    (Bethesda, Md.) has signed a strategic alliance agreement with Staples Business Advantage. This alliance extends added value and savings on office supplies to the more than 1,200 suppliers and health clubs already active and performing transactions through the FitnessMX procurement and collaboration platform.

  • In an effort to reduce customers' operating costs and improve member retention, Nautilus has launched a new Alliance program, according to the company. Designed for health club and fitness centers that purchase Nautilus equipment, the program provides customers with an array of value-added services, discounts, programs and material. “It's no longer sufficient for manufacturers to provide only equipment,” stated Jim Teatum, president of Nautilus, in a press release. “Clubs now ask for support in developing new revenue streams, reducing expenses and enhancing the exercise experience.”

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