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Eco-Efficient KONE Escalator Honored with Top Innovation Award

Press Release Published 11-25-2013

KONE Inc., press release, November 25, 2013

KONE Inc. today announced its eco-efficient KONE TransitMaster™120 Escalator has won an Architectural Products Product Innovation Award (PIA).

Among the 300 products considered, the KONE TransitMaster stood out for its innovation in eco-efficiency, safety and design. The TransitMaster's signature attributes include a standby speed operation - which saves up to 16 percent of energy by reducing escalator speed when there are no passengers on the step band - and its regenerative solutions. Additionally, the escalator offers a range of attractive LED lighting options that save up to 80 percent of energy compared to conventional lighting.

"KONE's innovation stems from our belief that sustainable buildings are our future," said Larry Wash, EVP and Area Director for KONE Americas. "Recognition from industry experts affirms this strategy and strengthens our resolve to proactively address the people flow needs of the future."

Now in its third year, the PIAs provide impartial review of innovative building-related products to thousands of readers, including architects, specifiers, interior designers and building owners/ operators. As a PIA winner, the KONE TransitMaster will be featured in the November issue of Architectural Products.

The award comes on the heels of other innovation-related recognition, including KONE's inclusion on Forbes most innovative companies list and its status as a 2013 World Technology Award finalist in the environmental category.

The award comes on the heels of other innovation-related recognition, including KONE's inclusion on Forbes most innovative companies list and its status as a 2013 World Technology Award finalist in the environmental category.

For further information, please contact:

Patrick O'Connell, Director, Marketing and Communications, KONE Inc., tel. +1 317 374 4960

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 OMX Helsinki Ltd. in Finland.


For more information, see

www.kone.us


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