North Dakota Patent of the Month – April 2023

When building a home gym, there are usually two key limiting factors. The first is price, and the second is space. Whether in a garage, a basement, or some other room, trying to fit all the pieces needed for a full workout is tough. Squat racks, benches, and space for weights all add up quickly. PRx Performance LLC is simplifying home gyms, with an innovative product that provides gym-goers with a versatile and space-saving solution for their workout equipment.

Their latest design is an exercise rack enclosure system capable of fitting and concealing a full size rack. The rack is connected to the interior of the system and designed to fold and extend between a stored or collapsed position and a usable, extended position.

The exercise rack enclosure system is designed to maximize space efficiency. When the exercise rack is in the collapsed position, it is oriented parallel to the rear wall of the enclosure, saving space in the gym. The system also includes a bench pivotably connected to the enclosure, adjustable between a first position where it is within the interior space of the enclosure, and a second position, where it partially extends out of the front opening of the enclosure.

The exercise rack enclosure system is suitable for anyone who wants to optimize their gym space without sacrificing functionality. Whether in a small apartment or a condo, anywhere space is limited would benefit from this design. The product’s sturdy construction and versatile design make it an excellent investment for any fitness enthusiast looking to save space while still having access to high-quality equipment.

Are you developing new technology for an existing application? Did you know your development work could be eligible for the R&D Tax Credit and you can receive up to 14% back on your expenses? Even if your development isn’t successful your work may still qualify for R&D credits (i.e. you don’t need to have a patent to qualify). To find out more, please contact a Swanson Reed R&D Specialist today or check out our free online eligibility test.

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Swanson Reed is one of the U.S.’ largest Specialist R&D tax advisory firms. We manage all facets of the R&D tax credit program, from claim preparation and audit compliance to claim disputes.

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