OPTIBIKE PARTNERS WITH RENESAS TECHNOLOGY TO PROVIDE EFFICIENT, GREEN ELECTRIC TRANSPORTATION

Optibike attends Renesas’ Developer’s Conference with worlds leading designers

BOULDER, CO, November 2008: With the expectation of President-Elect Barack Obama’s alternative energy plans in the near future, Optibike and Renesas Technology are teaming up to provide the world with the next generation of eco-friendly transportation options.

Both companies are leaders in their respective fields. Renesas Technology is the top worldwide supplier of motor controllers. Optibike is the leader in high performance electric bikes.

The two companies are joining forces to develop cutting edge motor controllers and fully integrated state of the art displays for all Optibike models.

Says Jim Turner, founding visionary of the Boulder, Colorado-based company Optibike, “We’re utilizing Renesas’ components because they significantly increase efficiency and ease of use in all of our bikes. By making the Optibike more efficient and easier to use we will continue our dominance of the high performance electric bike market.”

Both companies met again at Renesas’ Developer’s Conference (DevCon) in October. DevCon offers engineers the opportunity to interact with industry leaders, work in hands-on laboratories and attend workshops covering the latest industry trends.

Optibike has led the high performance electric bike market with the patented Motorized Bottom Bracket (MBB). The MBB allows the rider to add their pedal power to the motor power for a harmonious balance of electric power and exercise.

Powered by the largest lithium battery available in an electric bike (20ah, 36v) the Optibike has a range of 50 miles with a 30+mph top speed. The Optibike is in the Ferrari class of electric bikes- each bike hand built to customers specifications with prices ranging from $4995-$13,995.

Optibike has been custom building the fastest electric bikes available since 1998. As a leader in the electric light vehicles industry Optibike is committed to developing the most state-of-the-art, trend-setting transportation in the electric bike industry.

Renesas Technology Corp. is one of the world's leading semiconductor system solutions providers for mobile, automotive and PC/AV (Audio Visual) markets and the world's No.1 supplier of microcontrollers.

For further information, please visit http://www.renesas.com

Source: Optibike LLC
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