Cyclehoop is a UK based design firm comprised of designers and architects that deal exclusively with indoor and outdoor bicycle parking, storage, and security.
They offer a wide range of innovative cycle parking solutions from bike shelters to integrated public bike pumps. Their most intriguing product, however, is their flagship 'Cyclehoop' that transforms existing sign posts and parking meters into bike racks. This retrofitting device streamlines the bike rack installation process and saves cities public money.
Looking at these bike racks reminds me of the City Racks design competition I entered a few years back for New York City. My competition entry can be viewed here.
Referenced from: Core77