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PRODUCT NEWS
Body Fit Training and F45 locked in legal battle over patents
28 Sep 2020 . BY Tom Walker
F45 has patented the way it uses a central computer system to help run its franchised sites – but BFT is now challenging the patents / F45 Training
Two functional fitness franchises are continuing their legal battle over a dispute relating to patents.

In August, Body Fit Training (BFT) filed a lawsuit in the US District Court in California against F45 Training in an attempt to invalidate two of its existing patents.

In retaliation, F45 has now began legal proceedings in the state of Delaware, declaring that BFT infringes one of its patents.

The lawsuits between the two Australia-based companies are part of an ongoing global dispute over business strategies and the use of technology.

It began in late 2019, when F45 filed a lawsuit in the Australian Federal Court against BFT over an alleged patent infringement, aiming to protect the way it manages its franchises through a central computer system.

Following the latest round of legal proceedings, BFT's joint CEOs Cameron Falloon and Richard Burnet issued a strongly-worded statement, saying that: “The US lawsuit we filed is part of BFT’s global strategy to defeat F45’s improper efforts to assert invalid patents to try and hinder our ability, and the ability of our franchisees, to advance what we believe to be a superior business model and approach to fitness training."

They added: "We believe we have the upper hand in similar litigation in Australia. As a result, we are confident that, whether the US litigation moves forward in California or Delaware, we will ultimately prevail in both the courts and in the global marketplace.

"We see the United States as an important next step in our global expansion and even though we are a much smaller company, we do not intend to let F45 or any competitor push us out of the marketplace."

Launched in 2018, BFT has sold 150 franchises across Australia, New Zealand, Singapore and the US.

F45 Training has a presence in more than 50 countries with more than 1,900 franchises sold.

In June, F45 revealed plans to take the company public and list on the US market NASDAQ.

The listing is planned to take place through a merger with special purpose acquisition company Crescent Acquisition Corp, with initial estimates valuing F45 at around US$845m.

Speaking at the time the plans to go public were announced, F45 CEO Adam Gilchrist said: "F45’s mission is to improve people’s lives and wellbeing, and the company was founded to make unique, effective and high-quality training accessible to everyone, while empowering franchisees to run successful businesses.

“As a public company, I am confident that we will be able to accelerate our mission, while creating value for our shareholders.

"We look forward to continuing to disrupt our industry and to inspire even more people to achieve their health and fitness goals through F45’s innovative workouts combined with our nutrition programme.”
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Jobs    News   Products   Magazine
PRODUCT NEWS
Body Fit Training and F45 locked in legal battle over patents
28 Sep 2020 . BY Tom Walker
F45 has patented the way it uses a central computer system to help run its franchised sites – but BFT is now challenging the patents / F45 Training
Two functional fitness franchises are continuing their legal battle over a dispute relating to patents.

In August, Body Fit Training (BFT) filed a lawsuit in the US District Court in California against F45 Training in an attempt to invalidate two of its existing patents.

In retaliation, F45 has now began legal proceedings in the state of Delaware, declaring that BFT infringes one of its patents.

The lawsuits between the two Australia-based companies are part of an ongoing global dispute over business strategies and the use of technology.

It began in late 2019, when F45 filed a lawsuit in the Australian Federal Court against BFT over an alleged patent infringement, aiming to protect the way it manages its franchises through a central computer system.

Following the latest round of legal proceedings, BFT's joint CEOs Cameron Falloon and Richard Burnet issued a strongly-worded statement, saying that: “The US lawsuit we filed is part of BFT’s global strategy to defeat F45’s improper efforts to assert invalid patents to try and hinder our ability, and the ability of our franchisees, to advance what we believe to be a superior business model and approach to fitness training."

They added: "We believe we have the upper hand in similar litigation in Australia. As a result, we are confident that, whether the US litigation moves forward in California or Delaware, we will ultimately prevail in both the courts and in the global marketplace.

"We see the United States as an important next step in our global expansion and even though we are a much smaller company, we do not intend to let F45 or any competitor push us out of the marketplace."

Launched in 2018, BFT has sold 150 franchises across Australia, New Zealand, Singapore and the US.

F45 Training has a presence in more than 50 countries with more than 1,900 franchises sold.

In June, F45 revealed plans to take the company public and list on the US market NASDAQ.

The listing is planned to take place through a merger with special purpose acquisition company Crescent Acquisition Corp, with initial estimates valuing F45 at around US$845m.

Speaking at the time the plans to go public were announced, F45 CEO Adam Gilchrist said: "F45’s mission is to improve people’s lives and wellbeing, and the company was founded to make unique, effective and high-quality training accessible to everyone, while empowering franchisees to run successful businesses.

“As a public company, I am confident that we will be able to accelerate our mission, while creating value for our shareholders.

"We look forward to continuing to disrupt our industry and to inspire even more people to achieve their health and fitness goals through F45’s innovative workouts combined with our nutrition programme.”
PRODUCT NEWS
MyEquilibria combines art and outdoor exercise
"We summarise what we do in two words – functional art," says Gian Luca Innocenzi, CEO and founder of MyEquilibria, which specialises in high-end outdoor exercise equipment.
Slacklining will transform fitness in the UK
Gibbon Slacklines has officially launched in the UK, introducing two flagship products: the Giboard and the SlackRack.
Form’s in-goggle coaching will help swimmers hone technique
Form has announced the launch of HeadCoach, in-goggle, real-time coaching for swimmers delivered via augmented reality (AR) display.
Egym’s Open Mode extends access to its strength equipment
Egym has introduced Open Mode on its Smart Strength machines, enabling them to be used as a replacement for traditional weights on the fitness floor, rather than solely as circuit-based machines.
Myzone’s heart rate training ecosystem now available through Apple and Android smartwatches
Myzone has announced the launch of MZ-Open, an access function that enables Myzone gym users to experience all the benefits of Myzone’s world-renowned heart rate training biome through their pre-owned Apple or Android smartwatch.
Team GB chooses Absolute Performance for Olympic gym contract for third time
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Balanced Body partners with Third Space on its new group reformer pilates offering
As Third Space unveiled its latest club in Wimbledon at the end of 2023 as part of its growth development into suburban, residential locations, it also revealed a new state of the art Reformer Pilates studio at the new site in response to members seeking a low-impact, full- body workout for all abilities.
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+ More catalogues  

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+ More directory  
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21-21 Apr 2024

Below the Belt Melbourne Pedalthon

Sandown Racecourse , Springvale , Australia
22-24 Apr 2024

UK Aufguss Championships

Galgorm Resort, York,
+ More diary  
 


ADVERTISE . CONTACT US

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Tel: +44 (0)1462 431385

©Cybertrek 2024

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