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Largest Owner of U.S. Shopping Centers Chooses KONE

Press Release Published 03/01/2003

Simon Business Network, the business-to-business affiliate of Simon Property Group, the largest owner of malls and shopping centers in the United States, has awarded KONE Inc. its coveted Seal of Superiority.

This recognition is given to best-in-class service providers for Simon Property Group facilities. Simultaneously, Simon Business Network welcomed KONE into its preferred vendor network, making us the sole maintenance provider for all elevators and escalators in Simon Property Group shopping centers and malls in the U.S. Currently the group owns or has an interest in 248 properties in 36 states. In conferring the award, Simon Business Network's president, Scott Mumphrey said: "...KONE has demonstrated a great understanding of our business as well as a commitment to outstanding service during our association over the past years. ... This dedication is reflected in KONE's innovative maintenance and its ability to provide reliable service that consistently exceeds the needs of our retail environments."