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Pedego Electric Bikes Ranks Number 1,836 on the 2015 Inc. 5000 Annual List of America’s Fastest-growing Private Companies

Pedego Electric Bikes Ranks Number 1,836 on the 2015 Inc. 5000 Annual List of America’s Fastest-growing Private Companies in Recognition of its Exponential Sales Growth

NEW YORK, Aug. 18, 2015Pedego® Electric Bikes is pleased to announced that it has been ranked Number 1,836 on Inc. magazine’s 33rd annual Inc. 500|5000, an exclusive ranking of the nation’s fastest-growing private companies. Pedego Electric Bikes grew 217 percent over the three-year period of 2011–2014.  Companies including Yelp, Pandora, Timberland, Dell, Domino’s Pizza, LinkedIn, Zillow, and many other well-known names gained early exposure as members of the Inc. 5000.

“Pedego Electric Bikes is the fastest growing electric bike company in the world,” said Don DiCostanzo, co-founder and CEO of Pedego Electric Bikes.  “We attribute our company’s amazing growth to the design excellence and unmatched quality of our bicycles, exceptional customer service and unparalleled brand loyalty among our thousands of customers and the 800 stores in 40 countries that sell Pedego Electric Bikes.”

The 2015 Inc. 5000, unveiled online at Inc.com and with the top 500 companies featured in the September issue of Inc. (available on newsstands August 18 to September 22), is the most competitive crop in the list’s history. The average company on the list achieved a mind-boggling three-year growth of 490 percent. The Inc. 5000’s aggregate revenue is $205 billion, generating 647,000 jobs over the past three years. Complete results of the Inc. 5000, including company profiles and an interactive database that can be sorted by industry, region, and other criteria, can be found at www.inc.com/inc5000.

“The story of this year’s Inc. 5000 is the story of great leadership. In an incredibly competitive business landscape, it takes something extraordinary to take your company to the top,” says Inc. President and Editor-In-Chief Eric Schurenberg. “The average company on the Inc. 5000 grew nearly six-fold since 2012. Business owners don’t achieve that kind of success by accident.”

The annual Inc. 5000 event honoring all the companies on the list will be held from October 21 through 23, 2015 in Orlando.

About Pedego

Pedego Electric Bikes, the world’s premier electric bicycle brand, transforms people’s lives with fun and an abundance of delightful moments. Pedego’s stylish, colorful bikes boast the latest in electric bicycle technology and deliver a green alternative for transportation, exercise and recreation. Riders sail up hills and breeze through headwinds! Pedego “pedal or not” models include the Comfort Cruiser, City Commuter and Trail Tracker. Hailing from Orange County, Calif., Pedego is the fastest growing electric bicycle company in the world. Pedego electric bikes are sold in more than 800 stores in 40 countries. For more information, please visit http://www.pedegoelectricbikes.com/.

About Inc. Media:

Founded in 1979 and acquired in 2005 by Mansueto Ventures, Inc. is the only major brand dedicated exclusively to owners and managers of growing private companies, with the aim to deliver real solutions for today’s innovative company builders.  For more information, visit www.inc.com.

The Inc. 500|5000 is a list of the fastest-growing private companies in the nation. Started in 1982, this prestigious list of the nation’s most successful private companies has become the hallmark of entrepreneurial success.

 

Cathy Rogers

Are Electric Bikes Just for Lazy People?

Answering The Big Questions: I can pedal just fine … so why would I want an electric bike? Aren’t electric bikes just for lazy people?

We are asked questions like this daily. To be honest, I held these beliefs myself before being introduced to an e-bike. As a long-time road cyclist, I scoffed at the idea of letting a motor do the work and when my husband decided to turn a perfectly nice Trek mountain bike into an electric, I mocked him.

Until I tried it.

First, there’s the speed. Let’s face it – no matter how strong a cyclist you are, zipping along at 20 mph with little effort is intoxicating. Being a 50-year-old woman, it’s outright exhilarating to pass a MAMIL (middle-aged man in Lycra), especially on a hill.

The next thing I noticed was how much safer I felt. You know how it is when you are stopped at an intersection. First you have to worry about what gear you’re in, and then if you’re a REAL cyclist you have to make sure your shoes clip in properly. This can be stressful and diverts attention from surrounding traffic, pedestrians, dogs and other obstacles. With the electric power, you just twist the throttle and zoom through the intersection — usually ahead of the cars, which is a much safer place to be.

Photo Nov 02, 10 29 57 AMThen there’s my desire to do the right thing for the environment. I’ve tried numerous times to be a bike commuter, but inevitably abandoned the idea even though I only lived about five miles from work. But being a commuter meant I had to think about what clothes to bring with me because I knew I would arrive at work sweaty and disheveled. It took longer and I had to change in a restroom (often gross) and remember to bring a comb and makeup to try to make myself presentable. It was such a chore! But with the electric bike, I can get to work without all the muss and fuss, and much faster. If I’m feeling spry at the end of the day, I turn the power down (or completely off) and get some exercise. On those days when I’m wiped out, I turn on the pedal assist and let the bike do the work.

MonicaMy ride is now equipped with a set of cute panniers (aka saddle bags) that hold a mess of stuff including my hefty bike lock, a laptop, my purse and a backup jacket … most everything I need. I can run into a store and grab a jug of milk or some provisions for dinner. And I don’t have to worry about the extra weight since the motor is there to help out at a moment’s notice.

But the best thing is the joy I feel while I am riding. The minute I start moving on my bike I am happy. The sensation of the air, the smell of the trees, and the sounds of the birds — I feel very lucky to be able to experience this whenever I like.

Electric Bike to Work

National Bike to Work Tips for Pedego Riders

May 11–15 is National Bike to Work Week, and for those who have been enjoying their Pedego rides on the weekends, now’s the time to try riding to work. Truth is, a lot of Pedego riders enjoy their daily commutes on the ultimate electric bicycle. If you’re riding your Pedego to work for the first time, you’ll want to be prepared … for when your chic bike attracts attention! What do you say when co-workers ask about commuting on a Pedego electric bike? Here are some great reasons you can share for enjoying all that FUN on your way to work:

Healthy Fun

The 2015 motto for Pedego is “exercise disguised as fun” — which just about sums it up. Bike riding is a healthy activity, and when it’s fun — when you count down the minutes until your next ride — you know you’re benefitting from each ride. Even with a power assist, the activity of pedaling burns a lot of calories and builds muscle all over your body. Depending on your weight and how fast you are riding, you can burn 35–70 calories for every mile you ride. What’s more, riding a Pedego electric bike is low impact, promotes balance, and provides a great overall cardio workout.

More Green in Your Pocket

Pedego owners have been thrilled by the savings these bikes provide. You can commute to work at a fraction of what you’d spend in a year for a car or motorcycle. Riding a Pedego instead of driving a car could save you a lot of money on insurance, registration, gas, parking and car payments — enough to pay for your Pedego. Maybe that’s why Pedego commuters have such a big grin!

A Clean Kind of Green

Pedego commuters smile big as they sail past gas stations because they know they’re not cheating the environment when they ride an electric bike — one of the greenest modes of transportation available today. What a fun and easy way to minimize your carbon footprint!

Rock Star Parking

So you finally finish inching through a traffic jam in your car, and you make it to work … but now you have the extra fun of hunting for a parking space. Forget all that! On a Pedego electric bike, you always have primo parking waiting for you. Glide past the traffic jam and arrive at work, fresh, smiling and ready to seize the day.

Pedego Irvine Storefront

Spotlight on Small Business – Pedego Irvine

The following article is from the Irvine Community News and Views.

Pedego IrvineBob Bibee lived in Huntington Beach and worked in the aerospace industry, when he decided people were not meant to work in a 10’x10’ office.  Eventually, he moved to Irvine, opening PEDEGO two years ago. Bob, his wife Yo, and their three children have now lived in Irvine for 19 years.

Bob’s mission and passion is helping people to leave cars at home and use bikes for errands, commuting and just plain fun! “Irvine,” he says, “is probably the best location in the world for bike lanes and off-street trails. It’s just incredible.”

“Electric bikes help cross the bridge between those who love to ride and those who may struggle to ride. Electric bikes provide fresh, exciting, fun outdoor activity for families – and include Tandems, Tag-a-longs and Trailers for youngsters.”

PEDEGO’s initial targeted demographic was baby boomers – some perhaps with problem hips or knees, MS, obesity — issues that discourage biking because of hills, inclines, and distance.  Enter the E-bike!  Now, Bob’s clients can be seen with what he calls the PEDEGO SMILE — they say they “feel like a kid again.”

Even millennials are on board.  For example, one 20-year old student’s parents offered to buy a car for her 24-mile round-trip commute to work.  Her response? “But I don’t want a car – I want this E-bike.”

The Pedego business model includes hosting corporate events for Boards of Directors, for Team-Building, and for corporate Sales Staff.  His hosted events provide full connectivity for meetings and presentations on site.  It’s so much better than a sterile hotel.

How’s this for a perfect business day hosted by Pedego?  Breakfast catered by Champagne Bakery — coffee and quiche; lunch with a team-building scenic ride to Strawberry Farms offering outdoor and indoor dining; and late afternoon artisan cheese and baguettes from Champagne Bakery.  Also, there’s the intimate Pub and Wine Bar with cool music.

PEDEGO is the perfect business, in the perfect community, in the perfect Woodbridge Village Center – and Irvine is the perfect hub for hundreds of miles of unparalleled, beautiful biking experiences.

Special events at PEDEGO will be announced throughout 2015.  Stop by anytime.  You’ll be amazed!