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KONE Wins a Major Order for a Commercial Development in Australia

Press Release Published 27/12/2007

KONE has received a major order to supply all elevators and escalators for a new multi-purpose development in Perth, Australia.

Click for high resolution image The building, better known as ‘One40William’ is being built on the new Mandurah Line underground City Station, with two of the escalators rising from the station into the building's main lobby. The order includes eight KONE Alta™ elevators with KONE Destination Control System (DCS) technology, which optimizes the traveling time by directing passengers to a specific elevator. The building will be further serviced by five machine-room-less KONE MonoSpace® Special elevators and various KONE MonoSpace® Standard elevators in adjoining heritage buildings retained on the site.

The One40William Street building project will be built in accordance with environmentally sustainable design principles and is expected to become Western Australia’s first five star ‘Green Star’ building. The Green Star Certification is a comprehensive environmental rating scheme in Australia that evaluates the environmental design and achievement of a building.

“We are very proud to work with CBus Property on this project, which utilizes the latest technology to establish a sustainable urban environment,” says Pekka Kemppainen, KONE EVP and Area Director for Asia-Pacific. “This order provides us with a great opportunity to support the project’s environmental standards with our energy-efficient solutions. It also represents a great reference for KONE in Western Australia.”

Developed by CBus Property, the new 23-storey building will feature office, commercial and retail space. Construction is expected to be completed in 2010 by the building contractor Probuild Constructions.

Installation of KONE’s equipment will start in January 2009 and is scheduled to be completed in June 2010.

About KONE

KONE is one of the world’s leading elevator and escalator companies. It provides customers with industry-leading elevators, escalators and innovative solutions for maintenance and modernization. KONE also provides maintenance services for automatic building doors. In 2006, KONE had annual net sales of EUR 3.6 billion and approximately 29,000 employees. KONE class B shares are listed on the OMX Nordic Exchange Helsinki in Finland.

www.kone.com

For further information, please contact:
Minna Mars, SVP, Corporate Communications & IR, tel. +358 (0)204 75 4501

Visit www.kone.com to view images.