LOCK8 World's First Smart Bike Lock Launches Globally

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October 28, 2013
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LOCK8 World's First Smart Bike Lock Launches Globally

BERLIN, LONDON and SAN FRANCISCO, October 28, 2013 /PRNewswire/ --

       
        - First ever alarm protected, trackable, smart bicycle lock
        - LOCK8 launches on Kickstarter October 28th

    LOCK8 (http://www.lock8.me) announces the world's first internet connected bicycle
lock disrupting bicycle security and sharing. For the first time, bike owners can
conveniently secure, remotely monitor and track their bikes via smartphone.

    (Photo:
http://photos.prnewswire.com/prnh/20131028/648573 )

    Alarm Secured, Sensor Protected, GPS Tracked

    LOCK8 protects bicycles using six sensors for motion, light, temperature, position and
a 'hot-wired' cable. They all work together by alerting owners and passersby with a loud
alarm - preventing theft and protecting bikes against would-be thieves. The
patent-pending, German engineered, high-tech lock uses magnets in the wheel reflectors to
charge the long-life battery.

    LOCK8 uses GPS and GSM technology to instantly locate the whereabouts of an owner's
bike. If a thief tampers with LOCK8, he will not only trigger the alarm, but an instant
alert notification will be sent to the owner. Settings allow push notifications to be
shared with friends or the community.

    One Touch Bike Security and Sharing via Mobile Phone

    LOCK8 features "keyless electronic locking" by simply using a mobile app as an e-Key
to provide safe and easy bicycle protection. One-touch swiping is all it takes to lock and
unlock a bike via a mobile device; owners can even set LOCK8 to automatically and
conveniently unlock on approach from just a few feet away.

    Smartphone integrated LOCK8 also creates new possibilities in peer-to-peer bicycle
sharing. Users can lend a bike to a friend or family member by sharing the e-Key with the
bike's location so they can find, unlock and use it. From a commercial standpoint, LOCK8's
bicycle sharing platform can now easily connect bike programs in cities without expensive
infrastructure like docking stations. Any bike shop, hotel, hostel or private individual
can rent out a bike through the app or via Facebook.

    "When you look at bike sharing options in cities, there is no scalable solution. LOCK8
has huge market reach for millions of individuals, commercial entities and cities," says
Christophe F. Maire (TechCrunch readers' Best Angel investor of the year).

    LOCK8 will be available for pre-order on Kickstarter from October 28th and after on
their website http://www.LOCK8.me.

    Photo:
    http://photos.prnewswire.com/prnh/20131028/648573

Photo:http://photos.prnewswire.com/prnh/20131028/648573
http://photoarchive.ap.org/
LOCK8

CONTACT: Media Contacts: USA/UK: Nicole DeMeo, press@lock8.me, +1-415-533-2599; Germany: Franz Salzmann, press@lock8.me, +49-151-504-685-16

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