<PAGE>
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934
Date of Report: August 24, 1999
CYBEX INTERNATIONAL, INC.
(Exact Name of Registrant as Specified in its Charter)
NEW YORK 0-4538 11-1731581
(State or other jurisdiction of (Commission File No.) (I.R.S. Employer
incorporation or organization) Identification No.)
10 TROTTER DRIVE, MEDWAY, MASSACHUSETTS 02053
(Address of Principal Executive Offices)
Registrant's Telephone Number, Including Area Code: (508) 533-4300
<PAGE>
Item 5: Other Events.
------------
The Registrant has received the resignation, effective October 4, 1999, of
William Hurley, as its Vice President/Chief Financial Officer. The Registrant's
press release with respect to this matter is attached as Exhibit 99.1 hereto.
Item 7: Financial Statements and Exhibits.
- ------------------------------------------
Exhibit 99.1: Press Release Dated August 24, 1999
------------
2
<PAGE>
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the
Registrant has duly caused this report to be signed on its behalf by the
undersigned hereunto duly authorized.
DATED: August 24, 1999
CYBEX INTERNATIONAL, INC.
By: /s/ Peter C. Haines
------------------------------------
Peter C. Haines, President
and Chief Executive Officer
3
<PAGE>
EXHIBIT 99.1
FOR IMMEDIATE RELEASE NEWS RELEASE
- ---------------------
CONTACTS: Peter C. Haines
President and CEO
508-533-4300
www.cybexintl.com
CYBEX INTERNATIONAL, INC. ANNOUNCES
RESIGNATION OF WILLIAM S. HURLEY
-- RESIGNATION TO BE EFFECTIVE AS OF OCTOBER 4, 1999--
Medway, MA, August 24, 1999 -- Cybex International, Inc. (AMEX: CYB), a
leading strength and cardiovascular equipment company, today announced that
William S. Hurley has resigned as Vice President and Chief Financial Officer of
the Company effective October 4, 1999. The Company is in the process of
recruiting a permanent replacement.
Peter Haines, President and Chief Executive Officer, said, "Bill has played
an integral role in the integration of Cybex and Trotter Inc., and the
subsequent acquisition of Tectrix, as well as in building a solid financial
platform on which we can invest in future growth. We are grateful for Bill's
contributions to the Company and we wish him well in his future endeavors. At
the same time, we have a very talented team in place, and have every confidence
in our ability to execute the financial and strategic initiatives of the
Company."
Cybex International, Inc. is a strength and cardiovascular fitness
equipment company which develops, manufactures and markets premium performance,
professional quality, human performance products for the commercial and consumer
markets.
This news release may contain forward-looking statements. There are a number of
risks and uncertainties that could cause actual results to differ materially
from those anticipated by the statements made above. These include, but are not
limited to, competitive factors, technological and product developments, market
demand, and uncertainties relating to the consolidation of the merged and
acquired companies' businesses. Further information on these and other factors
which could affect the Company's financial results can be found in the Company's
previously filed Reports on Form 10-K for the year ended December 31, 1998, its
Form 10-Q for the period ending June 26, 1999 which was filed on August 10,
1999, and its proxy statement dated April 16, 1999.
# # #
