Well done.
Curiosity got me and I found an example on Preowned with the following text:
"For sale my Ovel Velocita recumbent.
OK first the history, or at least what I managed to find out when I bought it.
The Velocita was designed by Julian Higgs (some say formerly of Peugot bikes) and manufactured in the UK by an independent frame builder.
According to legend

there were only 40 frames manufactured, and of those, only 20 completed bikes sold. The rest of the frames were sold bare.
I have owned this superb recumbent for 2 years now and purchased it from a chap near Birmingham.
The chap who owned it previously was a design engineer and purchased it for its aesthetics, and only clocked around 200 miles on it.
When I bought it, it still had the original (and cracking) tyres on it and the suspension forks had dried up.
I rebuilt the forks and fitted it with a set of high quality touring tyres.
Last summer, I couldn't stay off of it and the few times I did manage to get out on the bike, I neglected the other two bikes in my garage.
This recumbent is a joy to ride. Its light (full aluminium frame), its quick, its responsive and superbly balanced.
The seat is very comfortable and the longest I've spent in it was around 8 hours without any problems.
As you can see its a Short Wheel Base design with Under Seat Steering.
The rider height adjustment is done by extending or retracting the main tube thereby moving the cranks closer or further away from the seat.
The tyres have been upgraded to Schwalbe Durango on the front and Schwalbe Marathon Plus on the back.
Its a 7 x 3 drive - 21 speed, with a Shimano STX crank, and Shimano Deore LX groupset.
The pedals are Shimano PD-M324 combination pedals - whereby one side can be clipped into a set of cleats and the other side of the pedal can be used with normal shoes."
- See more at:
http://www.preownedcycles.co.uk/bik...cumbent-bicycle-tmyyc6tF#sthash.5r48rWme.dpuf
The one shown had underseat steering!