San Diego, CA (January 29, 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 Slaney, 3-Time Olympian
- Magda Lewy Boulet, 2008 Olympian, Marathon
- Michael Gostigian, 3-time Olympian, Modern Pentathlon
- Jorge Torres, 2008 Olympian, 10K
- Ro McGettigan, 2008 Olympian, 3K Steeplechase
- Bayano Kamani, Olympian in 400m hurdles
- Lauren Fleshman, 2-Time National Champion, 5000m
- Sara Hall, 2012 Cross Country National Champion
- Neely Spence, 8-time NCAA DII National Champion
- Josh Cox, U.S. 50K Record Holder
- Dean Karnazes, 2006 Badwater Ultramarathon Winner
- Charlotte Browning, 2010 NCAA 1500m and Mile Champion
- Robyn Benincasa, 2-time Adventure Racing World Champion
- Jim Everett, Pro Bowl NFL QB
- Pete Magill, Masters Running World Record Holder in 5K
- Paul Thomas, 2-time USAT Duathlete of the Year
- Chelsea Reilly, 2012 Road 10K National Champion
- Katie Mackey, 8-time All American
- Brian Pilcher, 2011 & 2012 USATF Runner of the Year, M55-59
- Christine Kennedy, 2011 USATF Masters Athlete of the Year
- Simon Gutierrez, 3-time World Masters Mountain Running Champion
- Ben Greenfield, 2011 ITU Long Distance World Champion, M30-34
- Molly Pritz, 2011 USA 25K Champion
- Ricky Flynn, 2:13 Marathoner
- Bruce Raymer, Canadian National Marathon Champion
- Craig Leon, 2:15 Marathoner
- Catha Mullen, 2-time All-American
- Ed Moran, 2:11 Marathoner
- Matt Llano, All-American
- Stephanie Rothstein, 2:29 Marathoner
- Karen Barlow, 2012 Australian Marathon Olympic Trials Qualifier
- Mike Dyon, Canadian National Marathon Champion
- Susan Loken, 4-time USATF Masters Marathon National Champion
- Rusty Snow, 2011 USATF Masters X-Country Championship Runner Up
- Sara Slattery, NCAA Champion in 5K and 10K
- Steve Slattery, 2003 USA Outdoor National Champion in Steeplechase
- Darcy Arreola Lange, 3-time NCAA DII National Champion
- Jamie Cheever, 3-time All-American
- Lache Bailey, 2-time All-American
- Dena Dey Evans, 3-time All-American
- Mark Gomes, 2011 U.S. Masters 800M Champion
- Mike Sayenko, 2-time Pacific NW Runner of the Year
- Rachel Patterson, 3-time NCAA DII National Champion
- Betsy Graney, 2012 NCAA DII Track Athlete of the Year
