OHM Cycles Growth Plans Lead to Dealer Expansion in North America

Hybrid electric-assist bike company looks to build its growing dealer network

VANCOUVER, B.C., CANADA, June 16, 2008 – OHM Cycles Ltd., an innovative maker of hybrid electric-assist bicycles, announced today plans to expand its nationwide network of authorized dealerships in 2008, reports Michael DeVisser, president and founder of OHM Cycles.

“We anticipate significant sales growth in 2008 and are seeking quality dealer partners across Canada and the US,” DeVisser said. “Interest in our bikes has been growing and we’ve already received dozens of dealer inquiries.”

As a part of OHM’s growing distribution, network dealers enjoy trade advertising and marketing support. There are currently 12 Authorized OHM Dealerships in Canada and the United States.

OHM Cycles electric-assist bikes are based on a standard bike wheel base, with a center mount battery pack to provide better balance and maneuverability. The technology incorporates a simple control console, microchip processor, long-life rechargeable lithium-ion battery and a brushless electric motor integrated into the hub of the rear wheel. The system automatically manages power distribution during pedaling – the more effort the rider exerts, the more boost the electric motor provides. They can travel up to 146 km (91 mi) power assisted on a single charge and require virtually no maintenance.

Because of their versatility, the OHM bikes have attracted a diverse consumer base that includes urban commuters and recreational riders. Target commercial markets include resorts, tour operators, rental applications, colleges and universities, warehousing facilities and police/security departments.

OHM Cycles 2008 product line-up includes four models: the Urban XU450 and XU700 and the Sport XS700 and XS750. The Urban is ideal for in-city commuting, featuring a lightweight aluminum frame, front suspension, and upright position for a more comfortable ride. The Sport also utilizes high-performance components – plus a more powerful motor and all-terrain tires.