eZee Electric Bicycles Launches Major U.S. Expansion

RANCHO PALOS VERDES, Calif.--(BUSINESS WIRE)--eZeebike USA, Inc. (www.ezeebike.us) announces a major expansion of the eZee brand of electric bicycles into the U.S. market. eZee’s electric bicycles are the most powerful, efficient, and comfortable on the market today. Current worldwide distribution includes Canada, The United Kingdom, Switzerland, Italy, Netherlands, Belgium, Germany, France, Czech Republic, Norway, Australia, New Zealand, and South Africa.

“Entrepreneurs, seasoned business professionals, and individuals looking towards the electric vehicle space have responded overwhelmingly.”

Since 2001, eZee has been designing and redefining electrically powered bicycles by combining technology, quality, styling, and is recognized globally as the “Rolls Royce®” of electric bicycles.

“This is a personal vehicle whose time has come,” said Joel P. Gayner, eZeebike USA President and CEO. “Main Street America and the Investment Banking community are reshaping their views on good health, lifestyle choices, transportation alternatives, and their impact on the environment. While traditional biking incorporates elements from each of these objectives, distance and hills often make these ideals unattainable except by the most avid bike rider. The addition of eZee bike’s reliable electric power system, however, overcomes distance and hills and allows everyone to enjoy the biking experience.”

Across the U.S., eZeebike USA currently has established several retail locations in six states with more stores planned. The Company intends to have eZee Flagship stores across America, beginning with the first two in El Segundo and Rancho Mirage, California in the 3^rd quarter of 2009.

“Contrary to the big-box, limited service retail model, we are creating a sophisticated dealer network for customers seeking a high-quality electric bicycle experience in an upscale lifestyle environment. Our dealers are progressive thinkers with knowledgeable and service-oriented staffs who understand the future of personal transportation,” said Gayner. “Entrepreneurs, seasoned business professionals, and individuals looking towards the electric vehicle space have responded overwhelmingly.”

The eZee line-up features an e-bike for every lifestyle from “beach” cruisers, to serious performance bikes, to an electric tricycle, to a compact “foldable” model for easy “in-trunk” transfer. All units feature state-of-the-art lithium polymer batteries and premium components.

Gayner, who has twice taken companies public from concept through IPO and has headed up two other public companies, said, “This is the best opportunity I have ever seen in my years as a serial entrepreneur. ‘Timing is everything’ and this is the perfect product at the perfect time.”

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