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KONE UltraRope™ awarded the Hindmarsh Award for Innovation

Press Release Published 05/20/2014

We are proud to announce that KONE UltraRope™ was awarded the Hindmarsh Award for Innovation at the 2014 Property Council of Australia/Rider Levett Bucknall Innovation and Excellence Awards, at a Gala dinner in Sydney on Saturday 17 May.

Founded in 1982, the annual awards celebrate innovation and leading practice within Australia’s property development and investment industries. The 2014 awards winners were drawn from 83 finalists across 16 categories – 12 of which were in the Hindmarsh Award for Innovation. The jury considered ‘inspiring design, leading-edge practice and exceptional outcomes for the community’ when evaluating the entries.

KONE UltraRope™ sets a new benchmark for high-rise buildings enabling future elevator travel heights up to 1,000 meters – twice as high as what is possible with today’s technology. Released to the market in June 2013, the super-light KONE UltraRope technology provides unrivalled elevator eco-efficiency, reliability and durability, while also improving elevator performance.

For further information, please contact:
Jove Xu, Marketing and Communications Manager, Southeast Asia, KONE Pte Ltd tel. +65 6424 6246, jove.xu@kone.com

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 2013, KONE had annual net sales of EUR 6.9 billion, and at the end of the year over 43,000 employees. KONE class B shares are listed on the NASDAQ OMX Helsinki Ltd in Finland.

www.kone.com

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