KONE to deliver eco-efficient escalators to future New York City subway station

LISLE, Ill., Oct. 10, 2012 /PRNewswire/ -- KONE has been awarded a contract by EE Cruz and Tully Construction to supply nine heavy-duty transit escalators to the future 96th Street Station, as part of the Metropolitan Transportation Authority's (MTA) Second Avenue Subway Project. The Second Avenue Subway will reduce overcrowding and delays on the Lexington Avenue line and provide better access for residents of the Far East Side of Manhattan. An estimated 200,000 passengers will use the Second Avenue Subway line daily.

A total of nine heavy-duty transit escalators will be installed to ensure safe and smooth People Flow at the 96th Street Station. The escalators are specifically designed to meet the heavy use and demanding conditions of public transportation. In addition, each escalator will feature an energy-efficient sleep mode which reduces the escalator's speed when no passengers are travelling, allowing the MTA to minimize total energy consumption during inactive periods.

"We are pleased to continue providing our expertise in the mass transit market and eco-efficient escalator solutions to New York City's subway system," said Larry Wash, EVP and Area Director of KONE Americas. "We know our products will continue to provide subway passengers with a reliable, safe and energy-efficient travel experience."

The company's last project with the MTA was awarded in 2011. For this job, KONE provided nine heavy-duty transit escalators and two inclined elevators for the future subway station at 34th Street and 11th Avenue, part of the 7-Line Extension Project.  Passenger train service to the new station is scheduled for June 2014.

KONE will install the escalators by late 2015. The Second Avenue Subway project is expected to be complete by December 2016.

For further information, please contact:

Kellie Lindquist, Marketing Manager, KONE Inc., tel. +1 630 955 4202

Previous press releases on KONE's orders in the mass transit market are available at www.kone.us including:

- March 5, 2012, KONE awarded escalator project at Washington, D.C.'s Historic Union Station

- October 12, 2011, KONE awarded project at New York City Subway Station

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 2011, KONE had annual net sales of EUR 5.2 billion and on average 35,000 employees. KONE class B shares are listed on the NASDAQ OMX Helsinki Ltd in Finland.

www.kone.us

SOURCE KONE



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