WaveCrest Names Ed Benjamin as Vice President, Light Transport

Industry Veteran to Lead Business Unit for Maker of TidalForce Electric Bikes

DULLES, Va., Nov. 29 -- Ed Benjamin, a longtime bicycle industry veteran and a leading authority on light electric vehicles, has been named vice president, light transport for WaveCrest Laboratories. WaveCrest is a leading-edge technology company developing advanced electric propulsion systems that are featured in its TidalForce line of high-performance electric bicycles.

Mr. Benjamin is regarded as a leading authority on light electric vehicles, and has devoted his career to studying, developing, and promoting these innovative products and technology.

"Light electric vehicles will have a major impact on air quality and noise pollution, transportation needs, and quality of life for much of the world's population," Mr. Benjamin said. "The industry is in its infancy -- it will grow explosively."

"There is no one in the world who knows more about the marketplace for light electric vehicles than Ed Benjamin," said Roy M. Barbee, president and CEO of WaveCrest Laboratories. "He has made many contributions to the industry, and he understands it and its participants well. He is superbly well qualified to lead WaveCrest's efforts in developing and marketing electric bicycles and related products."

Prior to joining WaveCrest, Mr. Benjamin founded CycleElectric International Consulting Group and served as its president. The consultancy brought together experts in light electric vehicles from across the globe, including the U.S., China and Germany. CycleElectric provided a wide range of services to major participants in this developing industry, from product and sourcing assistance to cross cultural communications and product design.

"The light electric vehicle industry is exciting and growing, and I am delighted to join WaveCrest at this time. No other company provides better resources for developing and promoting products in this category than WaveCrest," Mr. Benjamin said. "Already, WaveCrest's electric bicycles have been recognized as among the best performing in the world. We are beginning a stream of products featuring its advanced, high performance electric propulsion system."

Mr. Benjamin succeeds Chris Washburn and is based at WaveCrest's headquarters in Dulles, Va.

For additional information about WaveCrest, please visit wavecrestlabs