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Shimano's 1990 clipless pedal and shoe combo were sneak previewed at the end of 1989 and hit the stores in 1990. Originally designed for serious racing the double sided PD-M737 pedal sold in the UK for £100 and the grey SH-M100 shoes, which featured a recessed cleat design to give tough grip walking and maximum performance for riding for around £60.
Advertised under the banner of "Bike it or Hike it" Shimano took out full page advertisments in just about every bike magazine going. Describing the SH-M100 SPD Shoe "Recessed design cleat and rigid nylon mid sole for pedaling power. Soft rubber puter sole for comfortable hiking" and the PD-M737 SPD Pedal "Includes special cleat that mates to the SH-M100 shoe for improved pedaling performance"
Shimano SPDs For Sale
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 NOS Shimano 6 Spd 365 mm HyperGlide UniGlide Spacer US $4.99 |
 NIB Silver Shimano SPD PD A520 Clipless Road Touring US $45.00 |
 Shimano SH MT40WL Cycling Shoes 38 5 SPD NEW US $55.00 |
 SHIMANO M520 CLIPLESS SPD PEDALS ROAD MOUNTAIN TOURING US $29.95 |
 Shimano SPD PD A520 Road Pedals Brand New w Cleats US $61.67 |
 SHIMANO M540 CLIPLESS SPD PEDALS ROAD MOUNTAIN TOURING US $39.95 |
 Shimano SH MT20D Cycling Shoes 37 45 SPD NEW US $50.00 |
 Shimano XT PD M770 SPD Mtb Pedals Brand New w Cleats US $90.69 |
 New Shimano Deore XT Shifters SL M770 M770 Pair 9 Spd US $169.99 |
 Shimano M424 SPD MTB Pedals inc Cleats RRP £3999 US $42.07 |
 2011 Shimano SPD SL PD R670 Pedals Road pedal NEW US $115.00 |
 SHIMANO SPD SHOE PLATES NEW PAIR US $9.00 |
 mens shoes bike cycling tan black Shimano spd sz 40 7 M US $11.99 |
 BRAND NEW PEDAL ROAD BIKE SHIMANO PD R540 SPD SL BLACK US $62.99 |
 VILANO ALUMINUM ROAD RACING BICYCLE SHIMANO 21 SPD 60CM US $229.95 |
 VILANO ALUMINUM ROAD RACING BICYCLE SHIMANO 21 SPD 50CM US $229.95 |
 SHIMANO SPD R Road Bike shoe 44 ULTEGRA Pedals US $69.00 |
 SHIMANO SPD SM PD21 Platform Reflector Pedal M747 M535 US $8.29 |
 Shimano Alivio shift brake lever set pod 8 spd ST EF50 US $1.26 |
 New Shimano SPD Pedals PD M545 Clipless pedal MTB US $41.00 |
 Shimano SPD Mountain Bike Pedals PD M647 Mount Bicycle US $41.00 |
 Shimano Bicycle SPD Pedal PD A530 Road Bike NEW US $36.00 |
 Shimano SPD Mountain Bike Pedals PD M520 Mount Bicycle US $10.50 |
 Shimano XTR SPD pedals used very little US $31.00 |
 Shimano Dura Ace 9 spd 7700 STI levers US $102.50 |
 Shimano SM SH51 SPD Cleats RRP £20 US $10.93 |
 Titanium Ti Bolt Shimano SPD M970 M770 540 Pedal US $15.00 |
 Shimano Dura Ace 9 spd bottom bracket BB 7700 US $28.00 |
 Shimano Cassettes Ultegra CS 6500 CS 6500 12 21 9 Spd US $59.99 |
 Shimano R540 SPD SL Cycle Pedals In Black US $24.98 |
"Shimano Pedaling Dynamics is the new generation shoe pedal interfae that lets you bike it or hike it without compromising performance.
With its leat locked tight into the PD-M737 pedal, the SPD shoe becomes part of an integrated high performance pedaling system. Off the bike, the deep tread rubber sole makes it a comfortable sure-footed hiking shoe.
Advanced Shimano design and a unique "recessed design" cleat make it possible. Get Shimano Pedaling Dynamics for increased comfort and perofmance-on or off the bike"
Look and Adidas had already come out with early pedal systems but these were designed for road use. Shimnano SPD was the first designed for off road use and were an immediate hit. The small pedals also had the advantage that there was less to break - no cages to hit against tree stumps accidentally and bend.
One early concern however was mud clearance and in Canada, UK and northern Europe this was a genuine concern, especially for mtb racers who could often be seen stamping their feet down on their pedals after a muddy running section to try to shed mud from the area surrounding the recessed cleat.,
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