Designed by Tom Hambrock and Juri Spetter, the bike has no pedals, requiring the rider to run to generate speed.
A harness and belt strap the rider onto the vehicle, below a frame made from a glass and carbon fiber laminate.
The bike is optimally designed for riders around 6 feet tall.
"The prior aim of developing FLIZ was to bring a completely new driving experience to everyone," said Hambrock and Spetter.
"Its laminated, innovative frame with 5-point belt system provides a comfortable, ergonomic ride between running and biking.
"The frame integrates the rider and due to its construction it works both like a suspension and like a top carrier whereas the belt replaces the saddle and adjusts your position."
The designers added that their aim with FLIZ was to create a more environmentally-friendly mode of transport in crowded urban areas.
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