viaCycle is the product of a team of Georgia Tech graduates, which has recently received the logistical and financial go-ahead from Tech and the City of Atlanta to begin work on a bike-sharing network on campus, to hopefully be expanded into Midtown in the near future. Their website describes their system thusly:

viaCycle creates advanced bicycle sharing technology that allows easy deployment and administration. Our mission is to bring affordable, sustainable transportation to areas that need it most.

Our electronic locking system is the first of it’s kind, and represents a completely new way to implement bicycle sharing.  It uses GPS and wireless communications to put all necessary infrastructure on the bicycle itself, eliminating the need for expensive kiosks, specialized bike racks, and complicated regulations.  We think bike sharing should be about giving people the freedom to live and work the way they want, not taking it away.

viaCycle is committed to the ideals of sustainability – enduring economic prosperity, interconnected, sustainable mobility, and a healthier way of life.  We combine new ideas in transportation with cutting edge IT to achieve these ideals and open new channels for people to live and work the way they want.

For more information, visit viaCycle’s website.