North Dakota Patent of the Month – October 2023
Staying fit is not always easy. When you need to prioritize time for a workout, sometimes the commute to the gym is the difference between fitting the workout out in or skipping it altogether. With this limitation in mind, it’s no surprise that more people are opting to bring the gym into their homes. PRx Performance, LLC is making this possible for those who don’t have a great amount of space to start with. The company has built a name for themselves with their space-saving equipment. Recently, the company has been granted a patent for their folding exercise rack design.
This unique exercise rack is foldable, ensuring it can be folded away when not in use. Inner support members can be adjusted with respect to the wall, either extending them outward for use or retracting them to create space. Meanwhile, the outer support members can be extended or retracted, ensuring they are out of the way when not in use.
What makes PRx Performance even more intriguing is their commitment to quality. All their products are American-made, a testament to their dedication to excellence. The use of high-quality steel and local manufacturing ensures the products are built to last, adding long-term value to the customers’ fitness journey. It’s an embodiment of their core value of doing the right thing, which transcends into delivering the best to their customers.
In a world where “better every day” is the goal, PRx Performance stands out as an example of innovation meeting the fitness industry’s needs. Their folding exercise rack system promises to be a valuable asset for those who aim to achieve their fitness goals, while their commitment to quality and service provides confidence in the pursuit of personal records.
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.
Who We Are:
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.
Swanson Reed regularly hosts free webinars and provides free IRS CE and CPE credits for CPAs. For more information please visit us at www.swansonreed.com/webinars or contact your usual Swanson Reed representative.