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

Trade Press Release Published 10/01/2013

KONE Corporation, trade press release, October 1, 2013

KONE, an innovative leader in the elevator and escalator industry, today announced the first customer installation of its new, super-light and durable KONE UltraRope(TM) elevator hoisting technology at Marina Bay Sands integrated luxury resort in Singapore. The new elevator hoisting ropes were installed in a passenger elevator that travels from the ground floor to floors 34-57, or 195 meters, in Tower 3 of the hotel.

Made up of three impressive hotel towers and a spectacular Sands Sky Park that connects them, Marina Bay Sands was opened in 2010. It houses 146 KONE elevators and 6 KONE escalators, and KONE also maintains the equipment. In upgrading the steel elevator hoisting ropes to KONE UltraRope(TM) for one of its elevators, the resort has made a further commitment into energy efficiency and smoother people flow.

Comprised of a carbon fiber core and a unique high-friction coating, KONE UltraRope eliminates the disadvantages of conventional steel rope. It is extremely light meaning that the elevator energy consumption in high-rise buildings, such as Marina Bay Sands, can be reduced significantly. It is also extremely strong, highly resistant to wear and abrasion, and has an exceptionally long lifetime - at least twice that of conventional steel rope.

"We have had a lot of interest in KONE UltraRope globally since it was announced in June, and I am very excited that the first global installation was made here in Singapore at the impressive Marina Bay Sands, a symbol of the city and of innovative building technology. Marina Bay Sands is a pioneer in adopting state-of-the-art technology and of smart building, and it is very fitting that our first KONE UltraRope installation was made here," said Noud Veeger, Executive Vice President and Area Director for KONE in Asia-Pacific and Middle East.

The modernized KONE MiniSpace(TM) was taken into use in September, and will be made public in connection with the World Architecture Festival (WAF), which is held on the island state in the first week of October. KONE is a sponsor of WAF, the world's largest festival and awards ceremony for the global architecture community, dedicated to celebrating and sharing architectural excellence from across the globe. The event will be held at Marina Bay Sands.

For further information, please contact:
Anne Korkiakoski, EVP, Marketing & Communications, KONE Corporation, tel. +358 50 67411


Previously published press releases can be found at www.kone.com/press including:

- Aug 16, 2013 KONE ranked as one of the world's most innovative companies again
- Jul 10, 2013 KONE awarded CTBUH's 2013 Innovation Award for KONE UltraRope
- Jun 10, 2013 New KONE UltraRope(TM) elevator hoisting technology enables the next big leap in high-rise building design

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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