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Hostelworld CEO discusses strategic growth and market share increase

Hostelworld Group PLC

Hostelworld Group PLC (LSE:HSW, OTC:HSWLF) CEO Gary Morrison highlights significant advancements in the company's strategy and operational results in an interview with Proactive's Stephen Gunnion. The company, a key player in online hostel bookings, introduced social features in its app about two and a half years ago, aiming to enhance user interaction by connecting travellers based on their destination and stay dates. These features have been pivotal in increasing app downloads and subsequently, app-based bookings, which have grown 49% year-over-year, compared to a 27% increase in web bookings. Hostelworld's innovative social strategy, designed to cater primarily to solo travellers aged 18 to 35, has significantly boosted its market share. This strategy, coupled with an effective marketing approach, has led to a 34% increase in revenue and a 37% increase in net bookings year-over-year. Morrison also noted a geographical shift in the company's market, with substantial growth in Asia and continued strong performance expected in various global markets. Furthermore, he discussed the company's financial health, mentioning efficient cash conversion from EBITDA and strategic financial decisions, including a share repurchase program to offset dilution from previous share issuances. Looking forward, Hostelworld anticipates continued revenue and bookings growth, aligning with its strategic projections established in November 2021. Contact Details Proactive UK Proactive UK +44 20 7989 0813 UKEditorial@proactiveinvestors.com

May 09, 2024 06:52 AM Eastern Daylight Time

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Centre for Neuro Skills Promotes Dr. Omesh Singh to Associate Chief Medical Officer

Centre for Neuro Skills

Centre for Neuro Skills (CNS), a leader in traumatic brain injury and stroke rehabilitation services, today announced the promotion of Dr. Omesh Singh, D.O. FACOI, to associate chief medical officer. “Dr. Singh’s extensive knowledge and expertise has been a major asset to us. I’m excited to work in lockstep with him to deliver on our promise to give patients the best rehabilitative care science can offer,” said Dr. Matthew Ashley, chief medical officer of Centre for Neuro Skills. Since joining CNS in 2015, Singh has served as medical director overseeing CNS’ Dallas and Fort Worth clinics. A specialist in internal medicine and post-stroke treatment, Singh treats a wide range of patients recovering from traumatic and acquired brain injury. As associate chief medical officer, Singh will retain his current responsibilities and his oversight will expand from two to all seven clinics. Singh will report directly to Dr. Matthew Ashley, working closely to treat complex cases, oversee the standard of care and manage all medical operations. Singh received his Doctor of Osteopathic Medicine degree from the Lake Erie College of Osteopathic Medicine. He is a certified Fellow of the American College of Osteopathic Internists. He completed his Internal Medicine Residency training at Plaza Medical Center (Medical City Fort Worth), where he is an associate professor of internal medicine. Singh has served as an internal medicine physician in the Dallas-Fort Worth Metroplex for nearly a decade. The CNS Dallas clinic is a state-of-the-art 40,000 sq. ft. rehabilitation facility located in Irving, Texas. The Fort Worth clinic also offers patient-centered rehabilitation through advanced technology and skilled therapists. CNS has two other clinics in Texas (Houston and Austin) and three California clinics in Bakersfield, San Francisco and Los Angeles. *** About Centre for Neuro Skills Centre for Neuro Skills is an experienced and respected world leader in providing intensive rehabilitation and medical programs for those recovering from all types of brain injury. CNS covers a full spectrum of advanced care from residential and assisted living to outpatient/day treatment. Founded by Dr. Mark Ashley in 1980, CNS has seven locations in California and Texas. For more information about Centre for Neuro Skills, visit: www.neuroskills.com, Facebook, X (formerly known as Twitter), LinkedIn, YouTube. Media, please note: Visual assets, including photos, are available. To request an interview with CNS leadership or clinical staff, please contact Robin Carr at 415.766.0927 or CNS@landispr.com. # # # Contact Details Landis Communications Inc. Robin Carr +1 415-766-0927 cns@landispr.com Company Website https://www.neuroskills.com/

May 08, 2024 08:00 AM Pacific Daylight Time

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MODERN MARKET EATERY DEBUTS SUSTAINABLE SHRIMP IN ITS NEW SUMMER MENU ROLLOUT

Modern Market Eatery

Modern Market Eatery, the Colorado-based fast casual concept specializing in scratch-made meals using clean ingredients, announced today the addition of sustainable shrimp to the summer menu. The new summer menu rolls out across Modern Market Eatery’s 31 restaurants nationwide today. The shrimp is sourced only from farms certified by the Marine Stewardship Council (MSC), whose work with fisheries, scientists and industry stakeholders ensure oceans are fished sustainably to make it easier for consumers to find and buy certified sustainable seafood. Modern Market Eatery is doing just that for its guests by incorporating only MSC-certified shrimp in its menu items. Modern Market Eatery guests have demonstrated their affinity for seafood as salmon and tuna are among the brand’s best-selling options. After careful sourcing, the summer menu will feature the following sustainable shrimp entrees in addition to the core menu: Shrimp BLT Salad – In Modern Market Eatery’s take on BLT, magical bacon bread crumbs (combination of panko and bacon) join chilled herbed shrimp in its salad made of arugula and spring mix, heirloom cherry tomato and red onion. To top it off, blue cheese and avocado are placed on top of the chilled herb shrimp along with a generous sprinkle of these special bacon breadcrumbs. The dish is finished with a low-fat, basil buttermilk dressing, bringing diners a bright, fresh and delicious summer option for combatting the heat. Green Goddess Shrimp Bowl – Contrary to typical green goddess dressing, Modern Market Eatery’s version is lighter and healthier with its Greek yogurt base and capers’ addition. The dressing is drizzled on top of a bed of organic rice and quinoa, marinated kale, roasted zucchini, watermelon radish, marinated red pepper, goat cheese and the menu’s debut -- chilled herb shrimp to make this bowl the perfect dish to enjoy during the heat of summer. Protein Option – Sustainable shrimp can now be added to any menu item as a protein selection in guests’ customizations. Modern Market Eatery’s emphasis on healthy-sourced proteins has been at its core since the company’s founding 15 years ago. The quality of the proteins, coupled with their versatility, have been offered as freshly sliced-to-order options, and sustainable shrimp will afford diners the same choices. Also debuting on the summer menu is the Sweet Corn Chicken Pizza and a return of a Modern Market Eatery fan favorite, Summer Seared Ahi Tuna Salad. “At Modern Market Eatery, we never cease to innovate. That’s exactly what we did with the debut of sustainable shrimp on our new summer menu. We continue to deliver food our guests enjoy through a healthy, sustainable lens without ever skimping on flavor,” explains Nate Weir, vice president of culinary at Modern Market Eatery. “The new, herbaceous menu items are no exception to our commitment to food standards and our guests’ preferences. Our seafood entrees have continuously been among our top sellers, and the addition of these new shrimp items affords them yet another choice. Our sustainable shrimp offers a lighter, versatile protein that can complement any dish on Modern Market Eatery’s menu, even those where shrimp isn’t the headliner. It pairs well with many of our new and core menu items, and we’re confident our guests will embrace this new protein option,” Weir concludes. About Modern Market Eatery Founded in 2009 in Boulder, Colo., Denver-based Modern Market Eatery continues to prove faster food can be better food by making it easy to access fresh, nourishing and delicious meals. Fresh salads, grain and protein bowls, toasted sandwiches and brick oven pizzas comprise the brand’s scratch-made menu. Modern Market Eatery, part of the restaurant platform company Modern Restaurants Concepts, operates more than 30 locations across Colo., Texas, Ariz., Mo. and Kan., as well as Denver International Airport and the University of Notre Dame campus. For additional information about Modern Market Eatery, please visit modernmarket.com or visit the brand on Instagram or TikTok. Information on franchising opportunities can be found here. About Modern Restaurant Concepts Modern Restaurant Concepts is one of the largest fast casual restaurant platforms in North America, with nearly 800 units across two brands, QDOBA and Modern Market Eatery. The system operates corporate-owned and franchised units across nearly every U.S. state as well as Canada and Puerto Rico. Contact Details PAIRELATIONS, LLC Susan J. Turkell +1 303-766-4343 sturkell@pairelations.com Company Website https://modernmarket.com/

May 08, 2024 08:26 AM Mountain Daylight Time

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5thScape Lists "MMA Cage Conquest" on Meta Store: Step into the Ultimate Virtual MMA Arena

Spark Metro PR

Mixed Martial Arts fans and enthusiasts, your virtual fighting dreams have arrived! 5th Scape delivers a transformative experience with "MMA Cage Conquest," stepping far beyond traditional fighting games into true sensory immersion. Step into the iconic MMA cage, feel the roar of the crowd and become the champion you always envisioned. The 5thScape Project is an ambitious venture that aims to create a comprehensive Virtual Reality ecosystem. In this VR ecosystem many developers, gamers and experts from various industries can collaborate. This is a VR gaming studio startup in which they focus on developing games, movies, animations etc. Apart from this, they are also planning to launch a special VR headset and a VR Chair which is an ergonomically perfect chair for long gaming sessions. Now, coming back to the MMA Cage game, - "MMA Cage Conquest" redefines virtual combat. Its skill-based system demands true martial arts strategy along with honed reflexes. Learn and master strikes like a real-life wrestling professional. It includes (not limited to) powerful grappling throws and the intricacies of ground control to secure your victories. Feel the impact of every blow, the thrill of a perfectly executed submission, and the tension of a match fought on the razor's edge. Training lies at the heart of "MMA Cage Conquest." This journey transcends button-mashing and enters the realm of personal development. Start as an eager underdog, mastering the fundamentals through rigorous simulations. Refine your striking, defense, and ground game, tracking your progression and building unshakeable confidence. With each session, you don't just play the game – you live the fight. MMA Cage Conquest is all set to make gaming experiences more vigorous and a powerhouse for the senses. Feel the rush in your bones as you climb the leaderboards, and establish yourself as the ultimate MMA cage conqueror. Ready to unleash your inner champion? "MMA Cage Conquest" will be available on the Meta platform. Submitted for listing on May 2, 2024, the developers await approval. Visit 5thscape.com for trailers, release updates, and the latest news on your journey to become the undisputed MMA Cage conqueror. Contact Details 5th Scape 5th SCAPE Team +1 302-597-6768 team@5thscape.com Company Website https://5thscape.com

May 08, 2024 06:18 AM Eastern Daylight Time

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Raboo (RABT) Predicted to Skyrocket 100x as Ethereum (ETH) and BNB Whales Flock to Buy

Total Media

The crypto market is finally heating up again after Bitcoin stumbled out of the gates in May, taking the rest of the market—including BNB and Ethereum price—down with it. Ethereum and BNB appear to have turned the corner, hinting at a recovery around the bend. However, investors looking for the next 100x gains are investing in low-cap gems and presale opportunities like Raboo with MAJOR legroom to run in this crypto market cycle. With its presale token price of just $0.0042 and prospects of a legitimate shot at a 100x surge, Raboo is one of the top investment opportunities of the year. BNB continues to have a strong performance BNB has been one of the best performers so far in 2024, with the native token of the Binance Chain ecosystem coming within earshot of retesting its 2021 all-time highs of $686 earlier in Q1 2024. BNB’s current run is nothing short of spectacular after hitting its nadir in late 2023 when a series of setbacks and intensified regulatory pressure saw its prices plummet all the way to $205. Crypto market analysts believe BNB could be in line to once again retest its previous ATH this year—but investors looking for larger gains are looking elsewhere given BNB’s staggering $86.9 billion market cap. Ethereum price back to $3,000 after stumbling out of the blocks in May Ethereum plummeted to $2,800 to start off the month, no doubt bringing ETH holders who bought at higher levels in March and April to a state of apoplexy. That’s not to mention the fact that Ethereum has largely underwhelmed compared to Bitcoin, which has already minted a new all-time high. The Ethereum price action hasn’t come close to retesting its ATH of $4,878 set in 2021, indicating that the Layer-1 blockchain platform is losing serious market share to newer and better contenders. ETH bulls have their work cut out for them if Ethereum has any hope of minting a new ATH in the next crypto market bull cycle. Raboo: AI and SociaFi meme coin thrills presale participants Raboo is fast becoming one of the biggest presale investment opportunities of the crypto market in 2024, raising over $1 million and currently in stage 3 of its presale. Thus far, Raboo has already drawn over 5,200 presale registrants, indicating the massive traction that the AI SocialFi meme coin has generated. Raboo introduces a level of SocialFi utility and AI sophistication never before seen in meme coins by rewarding holders that leverage its meme generation platform to create and distribute memes across internet verticals. In doing so, the Raboo community grows its user base and pumps up demand and prices for its native RABT token. Conclusion Crypto market observers are forecasting anywhere between a 50x to a 100x gain for RABT in 2024 once it launches and lists on major exchanges, making Raboo’s current price of $0.0042 a steal. With its value proposition and low market cap, analysts predict Raboo will easily outperform BNB and Ethereum price actions within the next 12 months. You can participate in the Raboo presale here. Contact Details Total Media Solutions media@Totalsolutionspr.io

May 07, 2024 04:00 PM Eastern Daylight Time

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Bitcoin Bull Trap Looms: BTC at Risk, Investors Choose Ondo and Low Cap Crypto Raboo

Total Media

The landscape of low cap crypto is known for its volatility and potential for substantial gains, drawing investors keen on discovering the next big winner. As the market evolves, understanding the dynamics of bull traps—situations where a declining trend appears to reverse but then continues to drop—becomes crucial. In this environment, Raboo emerges as a promising contender. Its recent presale success and unique approach in the meme coin sector offer a refreshing alternative to the typical pitfalls of speculative investments. Bitcoin (BTC): The Gold Standard of Cryptocurrency Bitcoin (BTC), the original cryptocurrency, remains a dominant force in the digital currency market. Known for its decentralized nature and pioneering blockchain technology, Bitcoin has set the standard for security and transparency, influencing countless other cryptocurrencies. As a store of value, often referred to as 'digital gold,' Bitcoin's appeal lies in its scarcity and widespread recognition. However, Bitcoin's position as a high cap crypto also makes Bitcoin susceptible to significant price fluctuations, which can resemble a bull trap scenario where investors might buy during a temporary price increase only to see values drop suddenly. This might drive investors towards more agile and cost-effective low cap crypto alternatives to Bitcoin in the rapidly evolving market. Ondo (ONDO): A Newcomer in Decentralized Finance Ondo Finance offers decentralized finance (DeFi) services that aim to lower the barriers to institutional access to decentralized liquidity pools, fostering a bridge between traditional finance and DeFi. With Ondo's innovative approach, Ondo facilitates a variety of investment strategies that cater to different risk tolerances, aiming to enhance the efficiency and accessibility of crypto investments. Despite these innovations, Ondo, as a low cap crypto, faces considerable risks. The complexities and relatively untested nature of DeFi can lead to significant challenges, including the risk of smart contract vulnerabilities and regulatory uncertainties. Moreover, during volatile market periods, the price of ONDO might experience sudden and sharp declines that could resemble bull trap price actions. Raboo (RABT): Navigating the Waters of Low Cap Crypto Raboo is redefining the low cap crypto landscape with a presale success that swiftly pushed its value to $0.0042, highlighting strong investor confidence. Already garnering over $1 million, Raboo stands out through its innovative integration of AI technology and SocialFi elements, which significantly enhance user engagement and provide financial incentives within its ecosystem. This strategic combination not only entertains but also monetizes user participation through creative meme creation. Raboo's approach sets it apart as a significant contender in the evolving crypto market, aiming to attract a broader audience with its unique blend of technology and community-driven incentives, promising a new era of digital interaction and economic opportunity. Raboo as a Solid Bet Amidst Low Cap Crypto In a market rife with uncertainty and the ever-present risk of bull traps, Raboo demonstrates robust market confidence and establishes itself as a leading investment in the low cap crypto category. Unlike many fleeting trends susceptible to sudden downturns, Raboo's integration of AI with SocialFi dynamics presents a sustainable growth model. This makes Raboo the preferred choice for investors looking to capitalize on innovative cryptocurrencies with tangible community engagement and real-world utility, positioning it as a top contender for enduring value. You can participate in the Raboo presale here. Contact Details Total Media Solutions media@Totalsolutionspr.io

May 07, 2024 02:41 PM Eastern Daylight Time

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Celebrate Mom in Style: Fashionable Finds for Mother's Day

YourUpdateTV

With Mother's Day just around the corner, it's time to celebrate the special women in our lives with gifts that blend comfort and style. Recently, Lifestyle Expert, Carmen Ordonez conducted a satellite media tour to make that dream come true and offer some valuable insights and inspiration for celebrating Mother's Day in style. A video accompanying this announcement is available at: https://youtu.be/lYF0J5Uf05Y A keen understanding of her personal style and daily requirements is the first step. For mothers who enjoy staying active, opting for versatile activewear that blends comfort with functionality is ideal. Stretchy yoga sets are a great choice as they are suitable for both exercise and casual outings. If relaxation tops her list, luxurious loungewear that combines soft, breathable materials with chic designs might be the way to go. It's also worth noting that clothing items capable of transitioning from home to a quick errand are quite popular currently. SHEIN offers some fantastic options that cater perfectly to a mom’s need for comfort and style. SHEIN stands out as a remarkable option that meets a mom's needs for both comfort and style. The brand is celebrated for its wide variety, staying current with fashion trends and offering everything from basic essentials to standout pieces perfect for Mother’s Day. SHEIN’s affordability means that shoppers can find something uniquely special without breaking the bank. Their user-friendly app enhances the shopping experience, contributing to its status as one of the most downloaded fashion apps. Take their loungewear set —it includes a stylish tank top, a snuggly coat, and comfy pants. This set is not only perfect for lounging around the house but also stylish enough for running errands. It's available in seven beautiful colors, providing options to suit any mom's taste. Additionally, their two-piece seamless yoga set, with a ribbed knit tank and tummy control shorts, is another great choice. The material is thick and stretchy, offering comfort and style that’s ideal for both indoor relaxation and outdoor activities. And is available in a wide range of colors. With Mother’s Day approaching, it’s also fun to think about special occasions and parties. SHEIN has the perfect outfit to make any mom feel dazzling. Their Clasi Women’s Patchwork Lace Pleated Hem Dress is just stunning and comes in three beautiful colors—red, pink, and black. The delicate lace and pleated hem add a sophisticated touch, making it the ideal dress for celebrating this special day. And the best part? SHEIN also offers matching outfits for tweens and kids, which means the entire family can coordinate for a truly memorable Mother’s Day. To explore these wonderful options and many more, download the SHEIN app or visit SHEIN.com. About Carmen Ordonez Carmen Ordonez is a TV Host, on-air lifestyle expert and founder of Viva Fashion and AndyO Organics. She's been featured in numerous media outlets including The New York Times, The Today Show, People Magazine and CNN to name a few. In 2015, she lost her 34 year-old husband to Stage 4 stomach cancer leaving her a widow at the age of 31 with a 2 year-old son. Today her goal is to empower other widows and widowers to live a life on purpose. Carmen is newly remarried and resides in Surfside, Florida along with her husband, son and baby girl. Contact Details YourUpdateTV +1 212-736-2727 yourupdatetv@gmail.com

May 07, 2024 02:20 PM Eastern Daylight Time

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Shedding Light on Cystic Fibrosis Awareness Month

YourUpdateTV

Cystic fibrosis (CF) is a rare, progressive, and genetic disease that currently affects about 40,000 people in the United States. CF is the result of a defective gene, inherited from each parent, and the disease can impact people of all races and ethnicities. Recently, KC White, Board Chair of the Cystic Fibrosis Foundation, participated in a nationwide satellite media tour to discuss the disease, her personal journey, and how the Foundation is helping progress care and treatment options. A video accompanying this announcement is available at: https://youtu.be/8wj8u0JEqLU CF is a life-shortening disease that prevents our bodies from clearing mucus. This can lead to lung infections, poor nutrition, lung disease, and a host of unique challenges that can impact every aspect of a person’s life. When it was first discovered, it was considered a fatal pediatric disease. But due to transformative advancements in treatments and high-quality care, the life-expectancy for someone born with CF today is 56. While that number is climbing there is still a long way to go and unfortunately, not all people with CF equally benefit from this progress. KC White was elected chair of the Cystic Fibrosis Foundation’s Board of Trustees in 2022 after serving on the Board since 2005. Diagnosed with cystic fibrosis at age 3, White has been a committed volunteer and inspiring advocate for the Foundation since childhood and is the first person with CF to serve as board chair. When she was diagnosed, she wasn’t expected to live past high school age, but her family refused to accept that fate, which prompted their dedication to the Foundation’s work. Because of recent treatments known as modulators, about 90% of the CF population (including KC) experienced an incredible transformation in their health. With this though, comes navigating unplanned challenges including careers, finances, family, and more. In addition to fueling the research, particularly in genetic therapies, that will lead to transformative treatments for the entire CF population, the CF Foundation works to support the CF community in all aspects of their lives through support programs and fostering connection opportunities. Every May, the cystic fibrosis community comes together for CF Awareness Month to educate the public about the rare disease, share personal stories, and encourage people to get involved and unite behind a shared mission: finding a cure for all people with CF. The CF Foundation is committed to finding a cure and providing all people with CF the opportunity to lead long, fulfilling lives. The Foundation is aggressively funding research and drug development, advancing high-quality, specialized care, and partnering with and advocating for the CF community. For more information, visit CFF.ORG/CFMONTH About KC White KC White was elected chair of the Cystic Fibrosis Foundation’s Board of Trustees in 2022 after serving on the Board since 2005. Diagnosed with cystic fibrosis at age 3, White has been a committed volunteer and inspiring advocate for the Foundation since childhood, speaking at her first Foundation event when she was only 9 years old. She is the first person with CF to serve as board chair. White received her Master of Applied Positive Psychology from the University of Pennsylvania in 2022 and currently serves as an assistant instructor in the program. She is also the Head Varsity Women’s Lacrosse coach for the Chagrin Falls, Ohio, Tigers. She and her husband, Justin, have one son, Mac. About the Cystic Fibrosis Foundation The Cystic Fibrosis Foundation is a donor-supported nonprofit organization leading the relentless pursuit of a cure for cystic fibrosis. The Foundation is committed to providing all people with CF the opportunity to lead long, fulfilling lives by funding research and drug development, advancing high-quality, specialized care, and partnering with and advocating for the CF community. The Foundation funds more CF research than any other organization, and nearly every CF drug available today was made possible because of Foundation support. The organization supports and accredits a national network of over 130 CF care centers recognized by the National Institutes of Health as a model of care for a chronic disease. Also, the Foundation manages support programs and fosters connection opportunities for the CF community. Based in Bethesda, Md., the Foundation’s impact is made possible by the work of nearly 70 local chapters across the country. Contact Details YourUpdateTV +1 212-736-2727 yourupdatetv@gmail.com

May 07, 2024 09:23 AM Eastern Daylight Time

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Introducing the New Ryvid Outset Electric Motorcycle and Extremely Accessible New Pricing

Ryvid, Inc

The Ryvid Outset adds an exciting second model to the lineup of the California-based company, which was founded in 2022 and began deliveries of the first Ryvid Anthem Electric Motorcycles in September 2023. The scrambler-style Outset is a striking option for customers wanting an electric motorcycle for commuting and multi-road adventure. What’s more, because Outset shares a number of key components with Anthem, it opens a unique opportunity for riders to convert one into the other to suit their needs. Offering greater suspension travel to deal with challenging surfaces as well as a longer, narrower motocross-style seat, and fitted with multi-role Dunlop Mutant tires, the Ryvid Outset is perfect for urban exploration and beyond. It shares the Anthem’s rigid folded steel backbone frame, instrument display, removable 4.3kWh battery with integrated charger, 72V air-cooled brushless DC motor, controller, and sealed belt drive. The Outset’s vital statistics include up to 70 miles range* and 75mph+ top speed. As such, riders need a motorcycle license to ride the Outset and Anthem, which offer motorcycle brake positions and a twist throttle. Outset has a 33” seat height but its compliant suspension and narrow cushion means it will comfortably accommodate a range of riders. Further differentiating it from Anthem, Outset gets its own headlight design, mirrors, wider handlebar, seat unit and suspension. The more upright riding position also necessitated repositioning the footpegs forward and adding a longer kickstand. By removing the Anthem’s adjustable seat mechanism and employing less body panels among a raft of changes, Ryvid has been able to offer Outset at $500 less than its flagship Anthem. Weighing just 315 lb, the Outset shares the Anthem’s featherweight architecture and low center of gravity. With its major components positioned at axle level, both the Outset and Anthem exhibit extraordinary handling characteristics, making it extremely easy to change direction at high speed or maneuver at slow speed. Another benefit of electric power is the Ryvid Reverse Gear. At the push of a button when stopped, the rider is able to move the motorcycle backwards at walking speed to extricate it from perhaps a tight parking position or awkward slope. ACCESSIBLE PRICING Originally priced at $8,995, Ryvid has been able to significantly reduce the Anthem price to $6,495 and introduce the Outset at $5,995 thanks to a number of factors. “From Ryvid's inception, our primary goal has been to provide the most accessible light electric vehicle to a broad audience. In order to disrupt the light electric mobility sector, it was essential to not only innovate our products but also our value proposition,” said Dong Tran, Ryvid Founder and CEO. “Creating a new generation of two-wheel electric adopters meant competing effectively on the specification-versus-price ratio against both existing EVs and traditional ICE vehicles. Achieving competitive pricing would be challenging until we could execute several key post-launch initiatives,” he continued. Among those initiatives, a new assembly facility in San Bernardino, CA has been key to the aggressive pricing structure. Coming online in February, its introduction allowed Tran’s targets to be met: 1. Increase production volume to negotiate lower parts costs 2. Expand the product range using the same platform, simplifying both the build process and product configurations 3. Optimize the supply chain to benefit cost and logistics “Our team has focused on reaching these objectives over the past two years,” Tran continued. “Their relentless efforts have reached a milestone with the Ryvid Anthem. Available now, it will sell for $6,495, setting a new benchmark as one of the world's most affordable electric motorcycles, based on specification. We're also excited to announce the launch of orders for our new Outset model priced at $5,995, with shipping scheduled to begin in Summer 2024.” As an additional incentive for the first customers, Outset will be offered with a free Power Controller Upgrade by ASI while supplies last. The same ASI controller will be available as an $800 upgrade for all Anthem and Outset owners, and can be retro-fitted to existing Anthem motorcycles. MODULAR DESIGN In yet another industry first from Ryvid, existing owners of the Anthem Electric will be able to purchase the parts necessary to convert their motorcycle into the new Outset model at a fraction of the price of the complete machine thanks to its shared components. The conversion parts will be available from the Interactive 3D Parts Catalog at ryvid.com, which currently lists every part of the Anthem for service or repair, and will soon be joined by Outset-specific parts. A list of parts and instruction video will be provided to guide Anthem owners when converting their Outset, and vice versa. With the option to customize the Ryvid motorcycle into a totally different machine, creating a distinct new character, owners will be able to build the bike that suits their needs or even their mood. AVAILABLE TO ORDER Riders can visit ryvid.com to order the new $5,995 Outset for Summer delivery in either Sector Red or Vapor Grey, or the $6,495 Anthem for immediate delivery in a choice of six colors. Riders must have a motorcycle license in order to ride both the Anthem and Outset. *Range is currently estimated until the Ryvid Outset is subjected to the Urban Dynamometer Driving Schedule to establish recognized city and highway range figures, which will be shared shortly at ryvid.com. Battery range may vary and can depend on conditions such as rider weight, speed, temperature, wind, tire pressure, terrain, incline, etc. RYVID OUTSET SPECS Power System: 72V air-cooled, brushless, DC motor, removable 4.3kWh Lithium-Ion battery with integrated 3.3kW charger Power: rated at 10hp (7.5kW), peak power 20hp (14kW) Peak Torque: 53 ft-lb Drivetrain: clutchless Direct Drive transmission, 4.7:1 ratio Continental Synchroforce Carbon drive belt, selectable reverse gear limited to 5mph Charging time: 110V – 0-80% in 2.3hr, 0-100% in 3.25hr. 220V or Level 2 adapter – 0-80% in 1.3hr, 0-100% in 1.85hr Range: up to 70 miles (Eco Mode) Speed: 75+ mph Ride modes: Sport Mode, Eco Mode with regenerative braking, cruise control, Reverse Drive limited to 5mph Frame: lightweight, folded stainless steel, 12 lb Tires: Dunlop Mutant Brakes: hydraulic four-piston front caliper with 320mm rotor, twin-piston rear with 240mm rotor Suspension: inverted front fork, preload and damping adjustable, 6.5” travel. Rear monoshock, preload and damping adjustable, 1.8” travel Weight: 315 lb with battery Carrying capacity: 330 lb Wheelbase: 52” Rake & Trail: 26 degrees, 6” Seat height: 33” Rider display: 4.9” TFT display Price: $5,995 Colorways: Sector Red or Vapor Grey Warranty: limited lifetime on frame, 2 years limited on motorcycle parts & battery EDITOR’S NOTE High-resolution images of the Ryvid Outset and Anthem are available at ryvid.com/pages/media-room A Ryvid Outset video is available to view and share here: youtu.be/dJk8pev-Qic?si=xQhIVzmJjEtpKlx- Editorial staff wishing to ride the Ryvid Anthem or Outset should please use the Media Contact below. ABOUT RYVID Ryvid is a cutting-edge manufacturing corporation in the high-growth field of Electric Light Vehicles. Founded by enthusiasts, engineered by innovators, and designed by aerospace industry gearheads, the Ryvid mission is to create more sustainable and enjoyable personal mobility. The company name was derived by merging Rhythm and Avid; elements of motion and emotion that define the experience of using our products. Ryvid produces revolutionary, lightweight, affordable electric motorcycles with a significantly lower carbon footprint than its competitors. With the same innovation applied to all models, Ryvid is poised to revolutionize urban commuting. Ryvid products are designed and assembled in California. For further information, please visit ryvid.com The Ryvid Anthem is available for delivery now at $6,495. The new Ryvid Outset is available at $5,995, with deliveries beginning Summer 2024 Contact Details Greg Emmerson greg@theidagency.com Company Website https://ryvid.com/

May 07, 2024 06:10 AM Pacific Daylight Time

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