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KONE to Deliver First Double-Deck Elevators with Destination Control System

Press Release Published 23/11/2005

KONE has booked an order to provide the first high-rise double-deck elevators to be equipped with destination control system.

This combination of double-deck capacity and destination control, which is unique in the industry, dramatically increases the elevator system’s ability to handle the traffic-flow in high-rise buildings.

The double-deck elevators will be provided for the Broadgate Tower project in the City of London. The 35-story office building will be one of the tallest buildings in the City. In addition to the double-deck elevators, KONE will also provide all the other elevators for Broadgate Tower and its 13-story low-rise neighbor, 201 Bishopsgate. The elevators will be delivered by the end of 2007. The total value of the order is close to EUR 20 million.

"We are extremely pleased that two customers with whom we have long and mutually beneficial relationships, British Land and Bovis Lend Lease, have chosen KONE for this exciting project. It shows the trust our customers continue to place in our cutting-edge technology and project management skills in major projects. In Europe, the UK is by far the biggest high-rise market, and KONE continues to be the major player there,” comments KONE Executive Vice President, Central and North Europe, Noud Veeger.

KONE and its alliance partner, Toshiba Elevator and Building Systems Corporation, initiated cooperation in double-deck technology development in 2004 when Toshiba agreed to license its double-deck technology to KONE. Double-deck elevators consist of two elevator cars in the same hoistway, one on top of the other. The technology creates significant space savings and increases traffic handling capacity in high-rise buildings. In a destination control system, passengers indicate their destination floor before entering the elevator and are then directed to a specific elevator, which takes them there with the fewest intermediate stops.

Sender:

KONE Corporation

Noud Veeger
Executive Vice President, Area Director, Central and North Europe

Minna Mars,
Senior Vice President, Corporate Communications & IR

For further information, please contact:
Noud Veeger, Executive Vice President, Area Director, Central and North Europe,
tel. +44 (0)870 774 8234
Johannes de Jong, Technology, Major Project Business, tel. +358 (0)204 75 2045

KONE is the world’s fourth largest elevator and escalator company and provides complete and innovative solutions for the installation, maintenance and modernization of elevators and escalators and the maintenance of automatic building doors. KONE provides safe and easy access to hundreds of millions of people daily in all parts of the world. KONE has annual net sales of approximately EUR three billion and about 27,000 employees. Its class B shares are listed on the Helsinki Exchanges.

www.kone.com