Trek Bicycle Corporation

Luminary Cloud Emerges from Stealth, Empowering R&D with Realtime Engineering

Retrieved on: 
Wednesday, March 13, 2024
Cloud, Aircraft, Physics, Piper Aircraft, Temperature, VMware, Bracket Computing, Pressure, Software as a service, GPU, Science, Digital, Risk, SAN, Aerospace, SVP, Research, Lango, AI, Luminary, Stanford University, NVIDIA GPU, Graphics processing unit, CAE, Engineering, Cloud computing, Atmosphere, Water, Joby Aviation, Elasticity, Sutter Hill Ventures, Trek Bicycle Corporation, NVIDIA, Cobra Golf, Video game

SAN MATEO, Calif., March 13, 2024 /PRNewswire/ -- Luminary Cloud, a pioneer in realtime engineering, today announced its official launch out of stealth. A computer-aided engineering (CAE) SaaS platform, Luminary empowers smarter and faster design cycles, allowing engineers to develop better products in a fraction of the time. Backed by Sutter Hill Ventures, which led its $115 million funding, Luminary's customers span industries including aerospace and defense, automotive, sporting goods, industrial equipment, and more.

Key Points: 
  • A computer-aided engineering (CAE) SaaS platform, Luminary empowers smarter and faster design cycles, allowing engineers to develop better products in a fraction of the time.
  • "While software engineering has become more agile thanks to advances in cloud technologies, physical engineering hasn't kept pace, despite increasing pressure to deliver advanced products faster and more efficiently," said Jason Lango, co-founder and CEO of Luminary Cloud.
  • With Luminary, engineering teams save months in their R&D schedules, drastically reducing product testing costs and reducing risk in the process.
  • Luminary has launched their realtime engineering platform for enterprise consumption.

Trek Bicycle and World Bicycle Relief Partner for Third Year in a Row to Provide Purpose-Built Buffalo Bicycles to People in Underserved Communities

Retrieved on: 
Thursday, November 9, 2023
Female, Trek Bicycle Corporation, WBR, World Bicycle Relief, Organization, Maintenance, Transport, Advocacy, Student, Partnership, Farmer, Woman, Patient, Randomized controlled trial, Absenteeism, Bicycle, Trek

WATERLOO, Wis., Nov. 9, 2023 /PRNewswire/ -- Today, Trek Bicycle and World Bicycle Relief (WBR) announced their third annual holiday fundraiser to help mobilize people in rural communities with purpose-built Buffalo Bicycles. This year, the two organizations aim to raise a total of $1 million, with Trek matching all donations up to $375,000 between now and December 31, 2023. Customers can donate to the campaign on trekbikes.com.

Key Points: 
  • "The past few years, our World Bicycle Relief holiday campaigns have raised millions of dollars and helped place tens of thousands of Buffalo Bicycles into the communities that need them most," said Trek Bicycle Vice President of Advocacy Bob Burns.
  • The unique and innovative Buffalo Bicycle helps students get to school, health workers to patients, farmers to markets, and more.
  • 70% of World Bicycle Relief's efforts benefit women and girls specifically and offer advantages that extend beyond transportation.
  • Since 2020, Trek and World Bicycle Relief's annual fundraiser has raised over $3M thanks to the generosity of Trek retailers, customers, and employees around the world.

Citizens and Trek Bicycle Partner to Offer Convenient Payment and Financing Options for Cycling Enthusiasts

Retrieved on: 
Wednesday, September 13, 2023
Sports, Banking, Online Retail, Technology, Professional Services, Payments, Specialty, Retail, Software, Biking, Cycling, Finance, Trek Bicycle Corporation, Sale, Partnership, Freedom, Bicycle, Citizenship, Trek

Citizens today announced a partnership with Trek Bicycle , a global leader in the design and manufacturing of bicycles and related products, to make consumer financing simple and easy for Trek customers.

Key Points: 
  • Citizens today announced a partnership with Trek Bicycle , a global leader in the design and manufacturing of bicycles and related products, to make consumer financing simple and easy for Trek customers.
  • Through Citizens Pay , a market-leading financing solution from Citizens, consumers looking for reliable and innovative cycling products to match their lifestyle now have access to flexible payment options at more than 1,400 Trek retailers globally.
  • “We are excited to partner with Citizens Pay to offer our customers flexible payment solutions,” says Chad Brown, Trek Bicycle CFO.
  • With Trek Financing, customers are guaranteed a frictionless buying experience with the ability to get out on their bike in the same day."

Trek Bicycle Announces Red Barn Refresh: Pre-Loved Bikes Get a Second Life

Retrieved on: 
Tuesday, September 5, 2023
Trek Bicycle Corporation, Organization, Red Barn, Carbon, Carbon accounting, Sustainability reporting, Life, Carbon footprint, Trek, Bicycle, Road, Renewable energy

WATERLOO, Wis., Sept. 5, 2023 /PRNewswire/ -- The most environmentally friendly bike is the one you already own, closely followed by one that was owned by someone else. To extend the lifecycle of its products, reduce consumption of new materials, and cut back on waste, Trek Bicycle proudly introduces Red Barn Refresh – the cycling industry's first-ever manufacturer-led bike trade-in and refurbishment program. Trek stores and participating Trek retailers will begin accepting the return of used Trek bicycles in exchange for in-store credit to buy a new bike later this year. The used bikes will be refurbished and sold on the brand's website, trekbikes.com. The announcement of this circular economy initiative coincides with the release of Trek's second Sustainability Report, which details the brand's commitment to a more sustainable future.

Key Points: 
  • With a mission to change the world by getting more people on bikes that began in a red barn in 1976, Trek is returning to its roots in the same red barn it was born where they will receive, overhaul, and resell refurbished bicycles.
  • Red Barn Refresh was dreamt up as a solution to extend the useable life of Trek's bicycles.
  • "Red Barn Refresh brought us back to the red barn that started it all as we embark on the journey of reducing consumption and extending the life of these bikes, which is better for our people and the planet," said Eric Bjorling, director of brand at Trek Bicycle.
  • By giving bikes a second chance, Red Barn Refresh is extending a bike's lifecycle, which will in turn reduce the cycling industry's waste streams.

Insticator Named to Inc. 5000's 'Fastest-Growing Companies' List for the 6th Time

Retrieved on: 
Tuesday, August 15, 2023
OKO, Pearle Vision, Growth, Advertising, Acquisition, SVP, Kohler, Trek Bicycle Corporation, Automation, Retail

"When I think back over the last decade, we have accomplished a lot at Insticator and most of it's due to our team being nimble, hungry and creative.

Key Points: 
  • "When I think back over the last decade, we have accomplished a lot at Insticator and most of it's due to our team being nimble, hungry and creative.
  • I'm looking forward to us making this list for years to come as we are hungrier than ever," says Insticator founder and CEO Zack Dugow.
  • "Through our collaboration and alliance with Insticator, we will unlock new avenues for growth and innovation.
  • The Insticator family of companies includes Insticator, Balihoo, and website monetization company OKO.

SOTI Races to Solve Troubleshooting and Security Issues for Trek Bicycle Corporation

Retrieved on: 
Wednesday, May 31, 2023
Trek, Trek Bicycle Corporation, Marketing, Enterprise mobility management, EMM, SVP, Product strategy, Bicycle, Online shopping, Risk management

Leveraging SOTI MobiControl and SOTI XSight , all part of the SOTI ONE Platform, Trek now has clear visibility into all its devices and can monitor how, when and where they are being used.

Key Points: 
  • Leveraging SOTI MobiControl and SOTI XSight , all part of the SOTI ONE Platform, Trek now has clear visibility into all its devices and can monitor how, when and where they are being used.
  • “Using the SOTI ONE Platform, we can quickly solve and prevent issues to limit the amount of stoppage time for our warehouse staff.
  • With SOTI MobiControl and SOTI XSight, Trek can now monitor when and where a device is being used and quickly troubleshoot device issues, remotely and in real time,” said Shash Anand, SVP of Product Strategy at SOTI.
  • Diagnosing and Troubleshooting Takes Minutes, Not Hours
    Before implementing the SOTI ONE Platform, Trek struggled with troubleshooting device issues, device security and gaining insight into the performance of its rugged devices.

Worldwide E-Bike Industry to 2028 - Increased Demand for Eco-Friendly Transportation Drives Growth

Retrieved on: 
Friday, December 23, 2022
Giant, Hercules, Accell, BMZ, LG Chem, Panasonic, Transport, Growth, Derby Cycle, KOGA, Workforce, Trek Bicycle Corporation, Government, Stromer, Hero Cycles, Road

The global e-bike market would register growth at a CAGR of 10.12% in the forecasted duration from 2022 to 2028.

Key Points: 
  • The global e-bike market would register growth at a CAGR of 10.12% in the forecasted duration from 2022 to 2028.
  • Factors such as favorable incentives by the government to promote e-bikes, increased demand for eco-friendly transportation, and a growing number of people preferring e-bikes are boosting the growth of the market.
  • On the other hand, the increased usage of electric bikes for delivery services has created a growth opportunity for the market.
  • Also, a rise in supportive government initiatives for environment-friendly vehicles and bikes is expected to add to the market's growth.

360PR+ Adds Mission-Led Brands Do Good Chicken and Little Leaf Farms to Growing Food & Beverage Practice

Retrieved on: 
Tuesday, December 20, 2022
Climate change, Lettuce, Greenhouse, Food, Foodservice, Food industry, The Good Food Institute, UNFI, Nintendo, Trek Bicycle Corporation, Rockport (company), Virgin Airlines, Multimedia, Herbicide, Farm, Global warming potential, Bright Horizons, HMH, CRC, City, Plate, Houghton Mifflin Harcourt, Organic egg production, Grocery store, Hasbro

BOSTON, Dec. 20, 2022 /PRNewswire/ -- 360PR+ has added clients Do Good Chicken , the first chicken brand that fights food waste and combats climate change, and Little Leaf Farms , the country's #1 brand of packaged lettuce sustainably grown through controlled environment agriculture, to its thriving Food & Beverage practice.

Key Points: 
  • BOSTON, Dec. 20, 2022 /PRNewswire/ -- 360PR+ has added clients Do Good Chicken , the first chicken brand that fights food waste and combats climate change, and Little Leaf Farms , the country's #1 brand of packaged lettuce sustainably grown through controlled environment agriculture, to its thriving Food & Beverage practice.
  • Do Good Chicken and Little Leaf Farms share a similar commitment to pioneering positive change in their respective industries, and to providing consumers with more sustainable options on grocery store shelves.
  • Little Leaf Farms is on a mission to transform the way food is grown through peri-urban agricultural practices that are rebuilt for the modern world.
  • Using advanced greenhouse technologies, Little Leaf Farms is growing fresh, sustainably farmed lettuce 365 days a year.

Trek Bicycle and World Bicycle Relief Join Forces with a Holiday Campaign to Benefit Rural and Underserved Communities

Retrieved on: 
Monday, November 7, 2022
Trek, Student, Maintenance, Multimedia, World Bicycle Relief, Transport, Patient, Recreation, Partnership, Woman, Goal, Farmer, Trek Bicycle Corporation, Bicycle, Advocacy

WATERLOO, Wis., Nov. 7, 2022 /PRNewswire/ -- Today, Trek Bicycle and World Bicycle Relief announced their second annual holiday fundraising campaign to provide a reliable means of transportation to rural and underserved communities. Following a successful partnership in 2021 with $1.8 million raised globally, Trek has named World Bicycle Relief's purpose-built Buffalo Bicycle as their "Bike of the Year" for the second year in a row. Designed specifically to meet the needs of people in rural areas, the Buffalo Bicycle is strong, simply designed, and easy to maintain with the capacity to carry people and heavy cargo over long distances and rugged terrain. Through the end of the year, customers can donate to World Bicycle Relief in-person at a Trek store in the U.S. or Canada or globally on Trek's website. Trek will be matching donations up to $500,000 with an end goal of $2.5 million for the non-profit.

Key Points: 
  • For the second year in a row, World Bicycle Relief's purpose-built Buffalo Bicycle is named as Trek's "Bike of the Year" and the gift to give back this holiday season
    WATERLOO, Wis., Nov. 7, 2022 /PRNewswire/ -- Today, Trek Bicycle and World Bicycle Relief announced their second annual holiday fundraising campaign to provide a reliable means of transportation to rural and underserved communities.
  • Through the end of the year, customers can donate to World Bicycle Relief in-person at a Trek store in the U.S. or Canada or globally on Trek's website.
  • "In partnership with World Bicycle Relief, we were able to surpass our fundraising goal in 2021 and provided 11,000 Buffalo Bicycles to communities across Africa and South America," said Trek Bicycle Vice President of Advocacy, Bob Burns.
  • Trek Bicycle has been a World Bicycle Relief partner since the organization was founded in 2005 and worked hand in hand with the World Bicycle Relief team to design the first Buffalo Bicycle prototype.

360PR+ ELEVATES KAVULICH TO MANAGING DIRECTOR OF NEW YORK OFFICE

Retrieved on: 
Tuesday, November 1, 2022
Trek Bicycle Corporation, Nintendo, Bright Horizons, Three Cheers, Culture, Marketing, National Geographic, CRC, Tommee Tippee, Food, Rogers & Cowan, Virgin Airlines, Partner, Rockport (company), City, 360, Travel, Houghton Mifflin Harcourt, Georgetown, EVP, Sotheby's, Organic egg production, Rogers, Assistant, Public relations, Multimedia, HMH, Georgetown University, Media Alliance, Octagon, Hasbro

NEW YORK, Nov. 1, 2022 /PRNewswire/ -- Alexandra (Ali) Kavulich has been named Managing Director of 360PR+ New York.

Key Points: 
  • NEW YORK, Nov. 1, 2022 /PRNewswire/ -- Alexandra (Ali) Kavulich has been named Managing Director of 360PR+ New York.
  • As Managing Director, Kavulich will play a broader leadership role for the agency, overseeing clients, employee engagement and operations for 360's New York office.
  • "We are fortunate to have Ali's leadership of our talented and growing New York team and more broadly across the agency."
  • In that vein, she'll continue to lead a portfolio of client accounts, while also focusing on growth opportunities for 360's New York office.