Nautilus Group Board of Directors Elects New Member

VANCOUVER, Wash., Mar 3, 2003 (BUSINESS WIRE) --

The Nautilus Group, Inc. (NYSE: NLS), a leading marketer, developer, and manufacturer of branded health and fitness products, today announced that its Board of Directors has increased the size of the board from seven to eight members and has elected Robert S. Falcone to the board. This increases the number of independent board members from six to seven.

"We're pleased to have Bob join The Nautilus Group's Board of Directors," said Brian Cook, Chairman and Chief Executive Officer. "He brings a strong background in financial and operational management expertise both domestically and internationally. In addition, we are excited to gain a board member that possesses the insight of overseeing the growth of a global consumer products company from $2 billion to $10 billion in revenue."

Robert S. Falcone is the former senior vice president and Chief Financial Officer of 800.com an early pioneer in e-tailing known for its award winning customer service and vendor relationships. Prior to 800.com, Falcone also served as senior vice president and chief financial officer for NIKE, Inc. during the time when the company grew from $2 billion to $10 billion. He started his career with Price Waterhouse, LLP where he spent 21 years, the last 8 as a partner. A graduate of Villanova University, Falcone currently serves on the Board of Directors for RadioShack Corporation and International Microcomputer Software.

About The Nautilus Group

The Nautilus Group, Inc. is a leading marketer, developer, and manufacturer of branded health and fitness products sold under such well-known names as Nautilus, Bowflex, Schwinn and StairMaster. The Company currently markets its Bowflex home fitness equipment and Nautilus Sleep Systems through its direct-marketing channel, using an effective combination of television commercials, infomercials, response mailings, the Internet, and inbound/outbound call centers. The Company sells its Nautilus, Schwinn and StairMaster commercial fitness equipment through its sales force and selected dealers to health clubs, government agencies, hotels, corporate fitness centers, colleges, universities, and assisted living facilities. The Nautilus Group also markets and sells a complete line of consumer fitness equipment, under its Nautilus, Schwinn and StairMaster brands, through a network of specialty dealers, distributors, and retailers worldwide. The Company is headquartered in Vancouver, Washington. The Nautilus Group is located on the Web at www.nautilusgroup.com.

From time to time, The Nautilus Group may issue forward-looking statements relating to its products and services, including statements regarding its Bowflex, Nautilus, Schwinn Fitness, and StairMaster businesses. Factors that could affect The Nautilus Group's actual results include availability of media time and fluctuating advertising rates, a decline in consumer spending due to unfavorable economic conditions, expiration of important patents, its reliance on a limited product line, its ability to effectively develop, market, and sell future products, growth management challenges including the growth resulting from the acquisition of the assets of Schwinn Fitness in September 2001 and StairMaster in February 2002, its ability to effectively identify and negotiate any future strategic acquisitions, its ability to integrate any acquired businesses into its operations, unpredictable events and circumstances relating to international operations including its use of foreign manufacturers, government regulatory action, and general economic conditions. Please refer to our reports and filings with the Securities and Exchange Commission, including our most recent annual report on Form 10-K and quarterly reports on Form 10-Q, for a further discussion of these risks and uncertainties. We also caution you not to place undue reliance on forward-looking statements, which speak only as of the date they are made. We undertake no obligation to update publicly any forward-looking statements to reflect new information, events or circumstances after the date they were made or to reflect the occurrence of unanticipated events.

The Nautilus Group, Inc.
Rod Rice, 360/694-7722
or
Investor Relations Inquiries:
Integrated Corporate Relations, Inc.
John Mills, 562/256-7051 or 203/222-9013

http://www.businesswire.com

Today's News On The Net - Business Wire's full file on the Internet
with Hyperlinks to your home page.

Copyright (C) 2003 Business Wire. All rights reserved.

News Provided by COMTEX