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Press Release

FARADAY BICYCLES ANNOUNCES SHIPMENT DATE FOR PORTEUR ELECTRONIC BIKE

Porteur to be exhibited at E Ink booth at CES 2014


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Las Vegas, NV - January 7, 2014 -- Faraday Bicycles, a San Francisco-based company, is pleased to debut the highly anticipated production version of the Faraday Porteur at the E Ink booth during the 2014 CES, show. The Porteur was launched on Kickstarter in fall 2012, and after a year in development, Faraday Bicycles will begin shipping its entirely pre-sold first production run in early 2014.

Faraday Bicycles created the Porteur to be the first of a new breed of electric bicycles; a purpose-built design combining the speed and exhilaration of a state-of the-art e-bike with the timeless looks of a classic European city bike. At less than 40 pounds, the Porteur is one of the lightest electric bikes on the market, while still delivering over 20 miles of range from its custom lithium-ion battery pack. The Porteur's intuitive and low-profile handlebar controls are complemented by an E Ink display that provides information on the bike's battery status. The high-contrast, low power, conformable display is an excellent match to Faraday's brand attributes of technical sophistication and minimalist aesthetic design.

"The Faraday Porteur is in every way first and foremost a bicycle, from the way it looks to the experience of riding it," said Faraday founder and CEO Adam Vollmer. "We chose to use an E Ink display because it lets us clearly convey technical information to the rider without sacrificing Faraday's 'retro meets modern' design philosophy."

"We are extremely pleased to be part of such an innovative product as the Porteur," said Giovanni Mancini director of product management for E Ink, "This is an excellent showcase of how E Ink displays enable design by giving designers the ability to display information where you would not think possible."

Faraday's limited edition, US-made pilot production run will begin shipping in early 2014, and is entirely sold out. Pre-orders for Faraday's second production run, with an expected ship date of Q3 2014, can be placed at www.faradaybikes.com. For dealer and distributor inquiries, or more information, please contact info@faradaybikes.com, or visit www.faradaybikes.com.

The Faraday Porteur will be featured by E Ink in booth 31646 during the 2014 International Consumer Electronics Show in Las Vegas, NV, from January 7-11, 2014.

About Faraday Bicycles
Faraday Bicycles was founded by designer and engineer Adam Vollmer and spun out of the renowned design and innovation firm, IDEO. Originally conceived of as a concept, the brand was brought to life by the overwhelming popular response and enthusiasm for Faraday's vision of the future of bicycling. Together, the Faraday team brings together decades of experience designing sophisticated consumer electronics along with a shared passion for cleaner, healthier, and more enjoyable transportation alternatives.

About E Ink Holdings
Founded in 1992 by Taiwan's leading papermaking and printing group YFY (1907.TW), E Ink Holdings Inc. "E Ink" (8069.TW) is the pioneer of TFT and ePaper business in Taiwan. Its corporate philosophy aims to deliver revolutionary products, user experiences, and environmental benefits through advanced technology development. This vision has led to its continuous investments in the field of ePaper display as well as its 2008 acquisition of Hydis Technologies, manufacturer of the world's best wide viewing angle LCDs and its 2009 acquisition of E Ink Corp., the worldwide leader in ePaper. Listed in Taiwan's GreTai Securities Market and the Luxembourg market, E Ink is now the world's largest supplier of displays to the eBook market. For corporate information, please visit www.einkgroup.com; for EPD information, please visit www.eink.com / tw.eink.com; and for FFS information, please visit www.hydis.com.

Contact:

Faraday Bicycles
media@faradaybikes.com.

E Ink Holdings
Lauren Ginsberg
Racepoint Group
(617) 624-3254
lginsberg@racepointgroup.com

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