PBSC Urban Solutions Selected to Introduce the Most Modern Bike Sharing Solution to Buenos Aires and Santiago

Montréal, Buenos Aires, Argentina and Santiago, Chile
(ots/PRNewswire) -

- Buenos Aires to rollout 4,000 of the ICONIC bikes
- 3,850 FIT bikes to be deployed in Santiago
- A total of 750 innovative solar powered smart stations to be
installed
- Both rollouts are expected to be completed by early 2019

PBSC Urban Solutions, the global leader in bike sharing solutions
and urban mobility pioneer, is thrilled to announce that it has been
selected to bring its award-winning bike-sharing solutions to Buenos
Aires, Argentina, and Santiago, Chile, marking the company's
expansion to yet another unique part of the world. As the second and
sixth most populous cities in South America, Buenos Aires and
Santiago join a list of cities across Brazil - São Paulo, Rio de
Janeiro, Recife, Salvador, Porto Alegre and Vila Velha - which have
all seen PBSC solutions deployed in the last 12 months alone.

Excitement awaits users on both sides of the Andes

The latest deployment in South America will consist of 4,000 of
the industry-leading ICONIC model bikes distributed throughout 400
solar powered stations with lit smart map frames within Buenos Aires,
as well as 3,850 FIT bikes and over 350 solar powered stations in
Santiago, all of which are expected to be fully installed beginning
of 2019. With the 8,000 bikes already on the streets of Brazil, this
brings to over 16,000 the total of PBSC bikes available across South
America.

"It is very exciting to see these world-class cities responding to
our urban mobility solution. It is clear that there is a demand for
our technology, and we are happy to be able to provide South
Americans with the best-in-class bike share system they deserve. We
feel that with this latest chapter in an era of rapid growth for
PBSC, we are truly moving in the right direction, as a company as
well as a social movement, to get people of all ages and walks of
life highly enthusiastic about bike sharing and alternative modes of
transportation."

- Luc Sabbatini, CEO of PBSC Urban Solutions

This latest foray is the result of the continued collaborative
efforts between PBSC and operator Tembici., a Brazilian company
specialized in the operation of bike sharing systems and the largest
company in the industry in South America. Our partnership has also
been instrumental in the much anticipated and highly successful
rollout of bike share networks throughout six cities across Brazil.

"We are very excited to expand Tembici.'s business to cities like
Santiago and Buenos Aires. Having PBSC as a partner in this growth
further strengthens the shared bicycle market in South America."

-Tomás Martins, CEO of Tembici.

By implementing this new system, PBSC is responding directly to
the increased needs of the citizens, offering them the latest in
technology and ergonomic design. The systems will maintain
compatibility with local transit cards and the user-friendly
interface will ensure a seamless transition.

About PBSC Urban Solutions

Through sustainable technology solutions for smart cities, PBSC is
changing the world, one city at a time. As a leading global provider
of bike sharing solutions and urban mobility pioneer, PBSC's team
develops, markets and operates - directly through its subsidiary
operator, or indirectly through a global network of local partners -
the most advanced and customizable urban solutions for smart cities.
Recognized as a catalyst for social innovation, PBSC currently has
three models of bicycles - ICONIC, FIT and BOOST (e-bike) - deployed
around the world and continues to expand its global footprint of
65,275 bikes and 5,750 stations - with more than 240 million rides
and counting! For more information, visit http://www.pbsc.com.

(Photo: https://mma.prnewswire.com/media/737557/PBSC_Urban_Solutio
ns_PBSC_Urban_Solutions_Selected_to_Introduce.jpg )

For picture, interview or information requests, please contact:
Nathalie Doré, media@pbsc.com , +1-450-748-7272 x2039

ots Originaltext: PBSC Urban Solutions
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