Announcements and Press Releases

Precor Partners with SPIA Cycling Inc. to Expand Global Distribution of Stages Cycling™ Products

Woodinville, WA – October 8, 2024 — Precor®, a leading provider of commercial fitness solutions, has announced a strategic global distribution agreement with SPIA Cycling Inc., the new owner of Stages Cycling™, renowned for its commercial indoor cycles, power meters, and cycle computers. This partnership aims to enhance the availability and support of Stages Cycling products in new markets and for existing customers.

Under this agreement, Precor will serve as the North American distributor for Stages Cycling’s commercial product lines, with distribution rights expanding to additional regions worldwide in the coming months. By leveraging Precor’s extensive sales, service, and distribution network across over 100 countries, Stages Cycling products will reach commercial clubs, hospitality venues, educational institutions, multi-family residential complexes, corporate wellness centers, country clubs and other commercial facilities.

Stages Cycling’s product lineup includes the Stages SC3, favored by the world’s leading fitness operators, and the SC2, the top-selling bike in the global boutique cycling sector. Additionally, Stages Studio offers cloud-based advanced data analysis, group display, and engaging indoor cycling experiences.

Dustin Grosz, CEO of Precor, stated, “Stages Cycling is a global leader in the cycling industry, with products trusted by professional cyclists and indoor cycling studios worldwide. We are excited to bring their innovative cycling products to our customers who seek best-in-class equipment backed by reliable service and support.”

Paddy Murray, VP of Global Sales and Marketing at SPIA Cycling, added, “We are delighted to partner with Precor, a company that shares our commitment to innovation, quality, and customer service. This agreement will enable us to better support our existing customers and markets while providing exceptional service and support, ultimately helping us grow our market share.”

About Precor

Headquartered in Woodinville, WA, Precor has been a pioneer in delivering fitness experiences for commercial customers and exercisers for over 40 years. Trusted by thousands of fitness facilities across more than 100 countries, Precor provides a broad range of products and services, including cardio, strength, functional fitness, group training, and connected solutions.

For more information, visit www.Precor.com.

About SPIA Cycling Inc.

SPIA Cycling Inc. is a wholly owned subsidiary of the Giant Group Taiwan and acquired the Stages Cycling brand in September 2024. Stages Cycling, with offices in Boulder, CO, launched the Stages Power Meter in 2012, quickly establishing a strong presence in the power measurement market. In 2015, Stages expanded into the commercial fitness sector with the SC Bike series, featuring innovative designs aimed at enhancing rider experience and durability. The SC Series bikes have become the category leader for indoor cycling studios. For more information, visit www.stagescycling.com.