KONE to upgrade elevators at global law firm in London, UK

June 20, 2016

KONE Corporation, press release, June 20, 2016

KONE, a global leader in the elevator and escalator industry, will modernize the elevators of global law firm Clifford Chance at its Canary Wharf offices on 10 Upper Bank Street in London, England. The deal includes the integration of the KONE Polaris® elevator destination control system to the 27 elevators in the 33-story building to improve people flow for both tenants and end-users.

The advanced technology reduces elevator travel times and eliminates overcrowding and unnecessary stops by guiding passengers to the most appropriate elevator according to destination floor. Passengers pre-select their destination floor on a user-friendly touchscreen display before entering the elevator and can also save their preferences for future journeys. The KONE technology improves the overall experience and also addresses the building's requirement to move 25% more people as its population increases.

Upgrade work is expected to begin in June 2016, with completion expected by December 2017.

"KONE has created a solution that tackles two of the main focuses in modern lives - efficiency and time saving. Our destination control system was created specifically to make vertical travel as simple and as effective as possible," says Michael Williams, Managing Director of KONE Great Britain. "I'm looking forward to being able to share this technology with more customers and building users across Great Britain."

The order was booked in the first quarter of 2016.

Previous press releases are available at www.kone.com/press including:
March 18, 2015: KONE acquires British company Express Elevators Ltd.
December 19, 2014: KONE awarded modernization and maintenance contract at Gatwick Airport for elevators, escalators and autowalks

For further information, please contact:
Liisa Kivelä, Director, Communications, KONE Corporation, tel. +358 204 75 4330 media@kone.com

About KONE
KONE is one of the global leaders in the elevator and escalator industry. KONE'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. KONE provides industry-leading elevators, escalators, automatic building doors and integrated solutions to enhance the People Flow in and between buildings. KONE's services cover the entire lifetime of a building, from the design phase to maintenance, repairs and modernization solutions. In 2015, KONE had annual net sales of EUR 8.6 billion, and at the end of the year close to 50,000 employees. KONE class B shares are listed on the Nasdaq Helsinki Ltd. in Finland.