ElliptiGO Inc. Celebrates Record-Setting 2012
Record revenues and adoption by elite runners mark a banner year for ElliptiGO
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San Diego, CA (January 30, 2013)— ElliptiGO Inc., creators of the world’s fastest elliptical cycles, today announced that 2012 was a record-setting year for the company. Revenues for all product lines improved year over year in 2012 and there are now more than 7,000 ElliptiGOs on the road, nearly twice as many as a year ago. The company’s products are currently being used by more than 50 of the top runners in the country, including Olympians Meb Keflezighi, Julie Culley, Madga Lewy Boulet, Adam Goucher, Geena Gall, Alysia Montaño, Shannon Rowbury, and Mary Decker Slaney. ElliptiGO has had a compounded annual growth rate of more than 60% since launching in 2010 and the company expects to experience strong growth again in 2013.
“2012 was a great year for ElliptiGO,” stated Bryan Pate, Co-Founder and Co-President of ElliptiGO. “In addition to record revenues, ElliptiGO gained even more traction within the running community in 2012 and expanded the competitive side of the sport of elliptical biking. When we see healthy runners at the top of their game, like Meb Keflezighi, integrating the ElliptiGO into their training so they can get faster, and former runners like Mary Decker Slaney competing in ElliptiGO events, it reinforces our belief that the ElliptiGO is solving a real problem for the running community. That bodes well for our future and the future of this new industry, and we’re very excited to see what 2013 will bring both in terms of sales and athlete performances.”
Other notable 2012 achievements for the company include expanding their U.S. dealer network to more than 250 locations across the country, expanding distribution to South America, doubling the size of their sales team, getting ElliptiGOs integrated into track and cross-country programs at major universities, and having the ElliptiGO featured on Good Morning America, Fox News, CNN, the New York Times, the Wall St. Journal, Oprah Magazine, Anderson Cooper Live, Runner’s World, and Running Times Magazine.
Elite athletes who are using the ElliptiGO as part of their training include:
·Meb Keflezighi 2004 Olympic silver medalist, Marathon
·Julie Culley 2012 Olympian, 5000m
·Alysia Montaño 2012 Olympian, 800m
·Shannon Rowbury 2-Time Olympian, 1500m
·Geena Gall 2012 Olympian, 800m
·Adam Goucher 2000 Olympian, 5000m
·Mary Decker Slaney3-Time Olympian
·Magda Lewy Boulet2008 Olympian, Marathon
·Michael Gostigian3-time Olympian, Modern Pentathlon
·Jorge Torres2008 Olympian, 10K
·Ro McGettigan2008 Olympian, 3K Steeplechase
·Bayano KamaniOlympian in 400m hurdles
·Lauren Fleshman 2-Time National Champion, 5000m
·Sara Hall2012 Cross Country National Champion
·Neely Spence8-time NCAA DII National Champion
·Josh CoxU.S. 50K Record Holder
·Dean Karnazes 2006 Badwater Ultramarathon Winner
·Charlotte Browning2010 NCAA 1500m and Mile Champion
·Robyn Benincasa2-time Adventure Racing World Champion
·Jim EverettPro Bowl NFL QB
·Pete MagillMasters Running World Record Holder in 5K
·Paul Thomas2-time USAT Duathlete of the Year
·Chelsea Reilly2012 Road 10K National Champion
·Katie Mackey8-time All American
·Brian Pilcher2011 & 2012 USATF Runner of the Year, M55-59
·Christine Kennedy2011 USATF Masters Athlete of the Year
·Simon Gutierrez3-time World Masters Mountain Running Champion
·Ben Greenfield2011 ITU Long Distance World Champion, M30-34
·Molly Pritz2011 USA 25K Champion
·Ricky Flynn2:13 Marathoner
·Bruce RaymerCanadian National Marathon Champion
·Craig Leon2:15 Marathoner
·Catha Mullen2-time All-American
·Ed Moran2:11 Marathoner
·Matt LlanoAll-American
·Stephanie Rothstein2:29 Marathoner
·Karen Barlow2012 Australian Marathon Olympic Trials Qualifier
·Mike DyonCanadian National Marathon Champion
·Susan Loken4-time USATF Masters Marathon National Champion
·Rusty Snow2011 USATF Masters X-Country Championship Runner Up
·Sara SlatteryNCAA Champion in 5K and 10K
·Steve Slattery2003 USA Outdoor National Champion in Steeplechase
·Darcy Arreola Lange3-time NCAA DII National Champion
·Jamie Cheever3-time All-American
·Lache Bailey2-time All-American
·Dena Dey Evans3-time All-American
·Mark Gomes2011 U.S. Masters 800M Champion
·Mike Sayenko2-time Pacific NW Runner of the Year
·Rachel Patterson3-time NCAA DII National Champion
·Betsy Graney2012 NCAA DII Track Athlete of the Year
For more information about ElliptiGO and its products, visit www.elliptigo.com or follow them on Twitter @elliptigo an
d Facebook at www.facebook.com/elliptigo.
About ElliptiGO
ElliptiGO, Inc. is the San Diego-based company that created the world’s first outdoor cross-training device engineered specifically for runners. Combining the best of running, cycling and the elliptical trainer, the ElliptiGO® provides a comfortable, fun and effective way to exercise outdoors. It delivers a high-performance workout experience that closely mimics running outdoors while eliminating the impact. Elliptical cycling is an effective way to build cardiovascular fitness without aggravating injuries and is great for everyone from the weekend warrior to the elite athlete. The full line of ElliptiGOs can be purchased at retailers nationwide and through the company’s website: www.elliptigo.com.
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Media Contact:
Erika Dessert
erika@elliptigo.com
858.876.8677