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KONE Wins Large Contract for Texas A&M Kyle Field Stadium Renovation

Press Release Published 10-18-2013

KONE Inc., press release, November 1, 2013

KONE Inc. today announced that it will supply dozens of eco-efficient elevators and escalators for the renovation of Kyle Field Stadium in College Station, Texas.

"With a project this size, stadium operators must be confident that they're providing visitors with safe and reliable transportation solutions," said Larry Wash, KONE EVP and Area Director for KONE Americas. "We're honored to provide our eco-efficient elevators and escalators, with the added promise of passenger comfort and safety, to one of the largest stadiums in the country."

KONE will supply seven escalators and five elevators for the renovation's first phase, which

will begin upon the completion of the 2013 football season. The remaining 14 escalators and eight elevators will be installed in the project's second phase, which will span from the completion of the 2014 season to the start of the 2015 season. Areas outside of the demolition and new work areas will remain open throughout construction. The stadium, when finished will host over 100,000 people.

KONE will maintain the new equipment, in addition to the 300 units it currently maintains as the service provider for Texas A&M University.

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.

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