EVLN(Kollmorgen to Supply Custom Brushless Motors for Ebikes)

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EVLN(Kollmorgen to Supply Custom Brushless Motors for Ebikes)
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Kollmorgen to Supply Custom Motors for New Electric Bikes; New
Brushless Motor Design Improves Range and Battery Life 02/24/2000
Business Wire (Copyright (c) 2000, Business Wire)

WALTHAM, Mass.--(BUSINESS WIRE)--Feb. 24, 2000--Kollmorgen Corporation
 a leading supplier of high-performance electronic motors
and drives, today announced that it has contracts to build the
high-performance motors for two new lines of electric bicycles now
being introduced in the U.S.

Kollmorgen will supply custom electric motors for the U.S. Pro Drive
electric bike line from Currie Technologies and for the eBike line
from E.V.  Global. The motors are high-efficiency DC brushless motors
with no "brushes" or mechanical contacts, so they eliminate friction,
reduce wear and allow the system to run longer on a single battery
charge. The motor can generate speeds up to 18 miles per hour and
travel up to 20 miles on a three-hour charge.  Cyclists can also pedal
faster and further with minimal pedaling. The bikes plug into any
standard AC outlet.

"These brushless motors bring very high efficiencies to this kind of
application," said Willy Verbrugghe, president of Kollmorgen's
Industrial and Commercial Group. "In the past, the motors had to be so
large that it made the bikes impractical. We expect this market to
grow very quickly over the next few years both in the U.S. and
overseas." The Kollmorgen brushless technology offers better than 90
percent efficiency, more than twice the efficiency of brush-type
motors. The Currie Tech design, priced at $899, uses a direct-drive
motor attached to a drive plate on the rear wheel of the bike. It is
available as a two-wheel or three-wheel model with two speeds, high
and low. It can also be purchased as a conversion kit for any 26-inch
bike. The eBike design incorporates the direct-drive motor as part of
the rear hub itself. The eBike is available in several models priced
from $1,000 to $1,395.

"We see a lot of growth in this market," says Kirk Strobel of
Kollmorgen.  "Currie already has a model available for police
applications and they are working on designs for scooters that can be
used in warehouses, marinas, airports. The bikes are so clean, quiet,
and easy to operate that the applications are almost unlimited."

About Kollmorgen Corporation
Kollmorgen's primary business is high-performance electronic motion
control components and systems. Additional information is available on
the Kollmorgen Web site at http://www.kollmorgen.com .

About Currie Technologies
Currie Technologies Inc., located in Van Nuys, Calif., is a maker of
electric bicycles. The company was founded by Dr. Malcolm Currie,
former chairman and CEO of Hughes Aircraft and Delco Electronics, and
Richard Mayer, owner of Electric Car Company of America. Mayer and
Currie are co-inventors of the patented U.S. Pro-Drive(TM) propulsion
system.For more information: http://www.currietech.com.

About E.V. Global Motors
E.V. Global was founded by Lee Iacocca, former Chairman and CEO of
Chrysler Corporation. The company is committed to providing with new
choices for battery-powered transportation and recreation that are
both convenient for the user and friendly to the environment.For more
information: http://www.ebike.com .

Cautionary Statement
The anticipated benefits associated with these contracts are
forward-looking [...]
CONTACT:Kollmorgen Corporation Dorothy Amaral 781-890-5655
15:33 EST FEBRUARY 24, 2000
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