Pedego Electric Bikes ranks Number 1311 on the 2014 Inc. 5000 in recognition of their exponential three-year sales growth

NEW YORK, Aug. 21, 2014 /PRNewswire/ -- Inc. magazine today ranked Pedego® Electric Bikes Number 1311 on its 33rd annual Inc. 500|5000, an exclusive ranking of the nation's fastest-growing private companies. The list represents the most comprehensive look at the most important segment of the economy — America's independent entrepreneurs. Companies such as Yelp, Pandora, Timberland, Dell, Domino's Pizza, LinkedIn, Zillow, and many other well-known names gained early exposure as members of the Inc. 500|5000.

"Pedego's meteoric growth can be attributed to a keen focus on delighting its customers. We pursue full-scale excellence in the design of our electric bicycles, their outstanding quality and our amazing customer care," says Don DiCostanzo, co-founder and CEO of Pedego Electric Bikes. "Even our competitors will admit that we provide the absolute best customer service experience on a consistent basis."

The 2014 Inc. 5000, unveiled online at Inc.com and with the top 500 companies featured in the September issue of Inc. (available on newsstands August 20 to November 30), is the most competitive crop in the list's history. The average company on the list achieved a mind-boggling three-year growth of 516% — with Pedego's growth surpassing this measurement. The Inc. 5000's aggregate revenue is $211 billion, generating 505,000 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.

"What surprises me, even though I know it's coming, is the sheer variety of the paths our entrepreneurs take to success, thematically reflecting how our economy has evolved," says Inc. president and editor-in-chief Eric Schurenberg. "But what doesn't change is the fearsome creativity unleashed by American entrepreneurship."

The annual Inc. 5000 event honoring all the companies on the list will be held October 15–17, 2014, in Phoenix.

About Pedego

Pedego® Electric Bikes, the world's premier electric bicycle brand, transforms people's lives with fun and an abundance of delightful adventures. 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/.

CONTACT: Sandra Eckardt
Phone: 949-400-2258
[email protected]

Photo - http://photos.prnewswire.com/prnh/20140820/138325
Logo - http://photos.prnewswire.com/prnh/20140725/130434

SOURCE Pedego Electric Bikes