Today is a big day in our company’s history. We are excited to welcome Again Faster® to the family of quality brands owned by X Training Equipment® Inc.
--For Immediate Release--
JACKSONVILLE, FLORIDA – April 27, 2016 – X Training Equipment, Inc. announced today that on April 22, 2016 it acquired specific US and North American assets including the inventory and intellectual property of Again Faster LLC, a leading fitness equipment company. The acquisition of the Again Faster brand is a significant milestone for X Training Equipment. For the past 7 years, our corporate mission has been to become the leading global manufacturer of functional fitness equipment. This acquisition brings us one step closer to accomplishing that goal. This transaction adds a leading fitness brand and unique product designs to our corporate portfolio, broadens distribution, and deepens our talent pool. Again Faster and X Training Equipment brands are highly complementary and are well positioned for the future, offering many of the fastest growing and most unique products in the fitness equipment industry.
We will seek to work with past customers of Again Faster LLC; however, it is important to note that X Training Equipment did not acquire the complete Again Faster business entity, but rather only certain US/North American-based assets, while neither assuming any Again Faster liabilities nor acquiring any of its other assets.
We would like to extend our deepest appreciation to the valued customers of both brands; we have you to thank for helping to make this venture possible. We thank-you in advance for your patience as we work to incorporate the Again Faster brand into the X Training Equipment family.
Daniel Smith – CEO
Kevin D’Amico – COO
X Training Equipment Inc.
4266 Eldridge Loop
Orange Park, FL 32073