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Ansgar Strother, CEO of A2B Bikshare, an Ann Arbor Michigan based transportation start-up focusing on healthy and green solution to urban commuting, announced a pilot project with the city of Fairbanks Alaska during his New Enterprise Forum Showcase presentation on April 17th. The initial phase of this project will include 250 bicycles and necessary docking stations.
Strother used his Showcase presentation to highlight the significant advantages that A2B has in the marketplace. By moving the technology to the bicycle and away from the station A2B projects 60% reductions in capital outlays for municipalities. It's patent pending, Smart-Bike, Dumb-Rack, system will allow consumers to rent bicycles with the swipe of a credit card and return them to any of A2B's stations.
The A2B Bikeshare management team consists of Ansgar Strother a University of Michigan educated engineer, along with Carl Vitullo (CTO) formerly of Barracuda Networks and MarketSource Inc. The team worked closely with a group of NEF coaches to prepare their investor presentation.
