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New Investor Group Provides Leadership and Resources to Accelerate Growth Fargo, North Dakota, April 3, 2007: Frappier Acceleration Sports Training announced yesterday the sale of majority ownership to a group of private investors led by Charlie Graves. The investment will provide Frappier Acceleration the capital it needs to increase brand awareness, expand its sales channel, eliminate debt and fund new research and development. “I’m very excited about this investment and new partnership as it will provide us the resources to accelerate growth,” stated founder John Frappier. Along with the capital investment, seasoned sports business executive and former world ranked swimmer and triathlete, Charlie Graves assumes the responsibilities of CEO. "Over the past two decades, John Frappier's pioneering programs have helped train more than 500,000 athletes and thousands of Olympic and professional competitors. I'm excited about the opportunity to expand the company's reach and look forward to helping more athletes develop their competitive advantage," said Graves. Frappier Acceleration Sports Training (FAST) is the world's premiere provider of scientifically based athletic performance enhancement training programs. Founded in 1990 on the continuing research of Exercise Physiologist John Frappier, MS, the Frappier Acceleration programs consist of a systematic series of supervised training protocols and exercises designed to enhance the physical performance of athletes of all ages, interests and levels. The training programs are available at more than 145 facilities throughout the United States, Canada, UK, Japan and Philippines. |
