KONE secures University of Texas Southwestern Medical Center Project

January 13, 2012

KONE Corporation, press release, January 13, 2012

KONE has been awarded an order by the University of Texas Southwestern Medical Center to install elevators for a new hospital facility. Medical facilities require special attention to moving patients and visitors, and KONE is drawing on its long history of designing, implementing, maintaining and modernizing elevator and escalator solutions for hospital environments.

UT Southwestern Medical Center is a leading research, academic and patient care medical center. The new hospital is being constructed to accommodate growth in patient care, as well as to incorporate state-of-the-art technology.

"We are pleased to be recognized by the University of Texas for our exemplary knowledge of People Flow® solutions," said Vance Tang, EVP and Area Director of KONE Americas. "Our extensive research and focus on this area enables patients, hospital staff and visitors to move smoothly and safely in the hospital."

As part of this project, KONE is installing 22 elevators, including machine room-less and overhead traction elevators. KONE's work on the hospital will begin in August 2012, and the facility is scheduled to open in 2015.

The order was booked in the third quarter of 2011.

For further information, please contact:
Anne Korkiakoski, EVP, Marketing & Communications, KONE Corporation, tel. +358 204 75 4775
Kellie Lindquist, Marketing Manager, KONE Inc., tel. +1 630 955 4202

About KONE
KONE is one of the global leaders in the elevator and escalator industry. The company has been committed to understanding the needs of its customers for the past century, providing industry-leading elevators, escalators and automatic building doors as well as innovative solutions for modernization and maintenance. The company's objective is to offer the best people flow experience by developing and delivering solutions that enable people to move smoothly, safely, comfortably and without waiting in buildings in an increasingly urbanizing environment. In 2010, KONE had annual net sales of EUR 5 billion and approximately 33,800 employees. KONE class B shares are listed on the NASDAQ OMX Helsinki Ltd in Finland.