Elite Bicycles Ranks Among Top Third Philadelphia’s Top 100 Fastest Growing Businesses

Elite Bicycles is proud to announce that on October 27, 2005, Elite was invited to participate, and was ranked 33rd, in the prestigious Philadelphia 100. The Philadelphia 100 has ranked the fastest growing, privately-held companies in the Greater Philadelphia area for the past seven years. Similar to the Inc. 500, the rankings are based on revenue growth over the past three years.

This year companies included in the Philly 100 had an average growth rate of 238%, with total aggregate revenues of $750 million. Elite Bicycles’s growth rate from 2002 to 2004 was reported to be 199.9%. Everyone at Elite wishes to thank our family of riders, our dealers, and our suppliers for their support and commitment to the company. We look forward to providing you with many more years of dedicated service and expertise.

For more information about the top 100 Philadelphia companies, go to the Entrepreneurs Forum website www.philadelphia100.com. For more information about Elite Bicycles, go to www.elitebicycles.com.

congrats!

Nice job David. Although I think it’s too soon to buy another ring! :~)

David, congrats on this big achievement. I remember hangin out with you in the “Woodstock at Tupper Lake” Tzone back in 1999. Glad to see that you have made your vision into a reality, which is more than I can say for the majority of high tech startups kicking around my city :slight_smile:

Dev

Nice work! I was just looking around for any info last night on your company. I try to choose the places I work by looking at how well they are doing, how they treat their employees, or how they are spending their advertising dollars.

So where do I send my resume? :wink:

David has listed his phone contact info and you can PM him…there you go…front door access to the CEO’s office with your resume. It does not get much better than that !

Congrats Dave & everyone at Elite. I remember way back when (spring 2000) when I got my 650c Elite T-6 (serial #00002) they were a bit rare here on the west coast. Now I see Elites all over the place and at least 3 other people in my tri-club have Razors. All have raved about the superior customer service you have provided. I liked my T-6 so much I picked up a 700c Aria as well and have been very happy with both. Dave you are deserving of whatever accolades your company receives. I just wish I wasn’t so far away so I could be fit by you.

A very satisfied Elite customer

Now lets see that RAZOR CARBON!!!

David is one hell of a guy and anyone who does buisness with him will be very happy with the relationship built.

Thank you to everyone for your kind words. Everyone at Elite appreciates your continued support. We wouldn’t be where we are today if it were not for our loyal riders. We hope to carry this success forward into the next season. As always, if you need anything, please feel free to contact us at any time.

All the best,

DGG

Same here,

I bought my Tangerine Magnus back in 2001, Everybody did a double take when they saw it. It seemed like I was the only one in MI riding an Elite (me and Sheila T.). Now they’re everywhere - way to go David!

Five years later, I’m still on that bike.