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Kryptonite Top Ten Cities for Bike Theft
Kryptonite, a brand in Ingersoll-Rand’s Security and Safety Americas Sector portable business unit, today announced its annual Top 10 Worst Cities for Bike Theft. The city with the “best" bicycle thieves, New York City, tops the list for the fourth year in a row. Chicago has staked a claim on second spot, with Miami, San Francisco and Washington, DC. rounding out the top five.

“Kryptonite applauds the people in New York City who use their bikes for transportation or to make a living with their bicycles day in and day out no matter what the theft rate," said Gary S. Furst, president of Kryptonite. “Kryptonite understands how tough criminals in New York City can be so we named our premier line of locks the ‘New York’ family. It is this strongly named line of locks that has become synonymous with complete frustration for thieves worldwide and the ultimate protection for those consumers who use their bikes daily in an urban area, like New York City."

Kryptonite, the innovator of the bicycle U-lock, uses its own proprietary data to create the Top 10 Worst Cities list every year. This is the seventh year that Kryptonite has published the list, which is compiled by theft data that Kryptonite has accumulated over three decades. Kryptonite has long been recognized as an authority on theft trends and methods, which it uses to create the best security protection for its customers and frustrates thieves worldwide.

“As the research shows year after year, the highest concentration of bike thefts are in urban areas and college campuses," continued Furst. “Through this list we hope to alert our customers of the dangers of leaving their bicycles unlocked or improperly locked wherever they are, even at home."

For the first time Minneapolis, Minnesota was added to the Top 10 List. Honolulu hasn’t been on the list in recent years, but just made the list in tenth this year. Los Angeles, San Diego, Denver and Portland, Oregon police departments have all worked on the theft problems in their cities as is shown by these cities not making a return appearance on the list.

The highest number of bike thefts occurs in summer months. Kryptonite warns cyclists to be alert in the following areas:

Kryptonite’s Top 10 Worst Cities for Bike Theft*
1. New York, NY
2. Chicago, IL
3. Miami, FL
4. San Francisco, CA
5. Washington, DC
6. Boston (includes Cambridge, Allston, Somerville)
7. Austin, TX
8. Philadelphia, PA
9. Minneapolis, MN
10. Honolulu, HI

The latest FBI Uniform Crime Report (2000) shows that the average price of the bicycles stolen is $276. With more than 313,469 bicycles reported stolen in 2000, consumers lost well over $86 million to thieves.

Kryptonite has the solution for cyclists in these and other urban areas. The Locking Skewer Set with a complimenting Evolution 2000 Mini lock is an easy, light security solution for commuters and students. The set of two lightweight, corrosion-resistant stainless steel locking skewers (front and
rear) and locking seat post bolt provide convenient security for quick release components. The Evolution 2000 Mini is a “pocket size" U-lock, which is convenient to carry and use; it is the perfect compliment to the Locking Skewer Set.

Kryptonite also has its premier line of locks, named after the city with the toughest thieves, the New York 3000, New York Chain, New York Fahgettaboudit and the New York Chain and Molly Lock. All of these products come with an anti-theft protection offer nationwide for added peace of mind, including in New York City.

About Kryptonite Kryptonite, innovator of the bicycle U-lock, is headquartered in Canton, Massachusetts, USA. The company is a premier producer of high-quality cables, chains, U-locks and flexible security systems for the bicycle, power sport, snow sport, computer, locksmith and hardware markets. Kryptonite locks are sold in more than 50 countries. Acquired in August 2001 by Ingersoll-Rand, Kryptonite is a member of the Portable Security Unit of IR’s Security and Safety Sector. IR’s diverse product portfolio encompasses such leading industrial and commercial brands as Schlage, Thermo King, Hussman, Bobcat, Club Car, Torrington and PowerWorks.

*Results based solely on proprietary data gathered by Kryptonite during 2001

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