KONE Corporation, press release, April 12, 2011

KONE has won an order to supply the elevators and escalators to the Helsinki metropolitan region's new Ring Rail Line. The order includes 21 KONE MonoSpace® Special elevators, two inclined elevators and 37 KONE TransitMaster® 140 escalators. The project includes a 10-year KONE Care® Premium maintenance agreement.

The Ring Rail Line is one of the most important infrastructure projects currently ongoing in Finland. It will bring rail services to new areas of the city of Vantaa and it forms an important link to the Helsinki Airport. The contract covers deliveries to five Ring Rail Line stations: Vantaankoski, Leinelä, Airport, Aviapolis and Kivistö.

"We are proud to deliver our innovative and eco-efficient People Flow(TM) solutions which are especially designed for the requirements of mass transit to this significant infrastructure project," says Ari Lehtoranta, EVP and Area Director of KONE Central and North Europe.

The order for the escalators was booked in Q1 2011 and the elevator order was booked in Q2 2011.

For further information, please contact:
Anne Korkiakoski, EVP, Marketing & Communications, KONE Corporation, tel. +358 204 75 4775

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.

www.kone.com:
http://www.kone.com/




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Source: KONE Oyj via Thomson Reuters ONE

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