KONE elevators and escalators to enable smooth people flow at Manila Bay Resorts casino and hotel in the Philippines

Press Release Published 01-15-2014

KONE Corporation, press release, January 15, 2014

KONE, a global leader in the elevator and escalator industry, will supply 162 pieces of equipment to enable smooth people flow at the Manila Bay Resorts complex, a new casino, hotel and retail development in the Manila Bay Strip in the Philippines. KONE will also maintain the delivered equipment for three years.

The order for the 44-hectare development includes 120 KONE S MonoSpace® elevators, four KONE TranSys(TM) freight elevators, 36 KONE TravelMaster(TM) 110 escalators, and two KONE dumbwaiters. All the delivered equipment will be connected to KONE E-link, which allows the real-time monitoring and configuration of elevators and escalators.

The Manila Bay Resorts' casino will be open around the clock, and the three hotels in the complex will have more than 2,000 rooms. In addition to shops and restaurants, the complex will also include a glass dome covered swimming pool with a real sand beach.

"We are delighted to contribute to the smooth operation of this impressive development," said Noud Veeger, KONE Executive Vice President and Area Director for Asia Pacific and the Middle East. "Working closely with the customer, we were able to offer solutions that are an ideal fit for the scope and specifications of the development."

The main contractor for the development, which is due for completion in 2015, is Tiger Resort Leisure and Entertainment Inc., a subsidiary of Japan-based casino group Universal Entertainment Corp. The architects are GF & Partners Architects, and Pimentel Rodriguez Simbulan & Partners Architects.

The order was booked in the fourth quarter of 2013.

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

Previously published press releases are available at www.kone.com/press including:

- Oct 7, 2013: KONE to supply smart and eco-efficient people flow solutions to prestigious office development in Brisbane, Australia

- Oct 1, 2013: First KONE UltraRope(TM) installed at Marina Bay Sands, Singapore, in time for the World Architecture Festival

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 2012, KONE had annual net sales of EUR 6.3 billion and around 40,000 employees. KONE class B shares are listed on the NASDAQ OMX Helsinki Ltd in Finland.

www.kone.com

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