KONE wins order for Sky Park, a mixed development in Cyberjaya, the "Silicon Valley of Malaysia"

KONE Corporation, press release, August 5, 2015

KONE, a global leader in the elevator and escalator industry, has won an order to supply 60 elevators to Sky Park, a highly integrated upcoming development in Cyberjaya, a town within Selangor, Malaysia.

Expected to be an iconic development in the skyline of Klang Valley, Sky Park spills over 11.12 acres of land, where six exclusively designed buildings will stand. The mixed development consists of serviced apartments, small office/flexible office (SoFo) complexes, strata office, commercial office, shopping mall and a sky bridge that links five of the buildings.

KONE will deliver 23 KONE MonoSpace® elevators and 37 KONE MiniSpace® elevators to Sky Park. Out of 60 elevators, 44 will be scenic elevators to complement the unique building design while providing views of Cyberjaya. These elevators can reach a travel speed of 4m/s and are connected to the KONE E-LinkTM monitoring system that provides real-time information and statistical reports on their performance.

"We are elated that our close cooperation with MCT Bhd has resulted in providing the best people flow experience to this uniquely designed development," says Neeraj Sharma, Executive Vice President for KONE Asia Pacific and Middle East.

Sky Park is developed by MCT Bhd and is scheduled to be completed by the end of 2017. The order was booked in the second quarter of 2015.

Previous press releases on KONE's orders are available at www.kone.com/press, including:
Jun 25, 2014: KONE wins an order for KL118 Tower, the tallest building in Malaysia
Apr 10, 2012: KONE's solution will optimize People Flow at the Hatten City Project in Malaysia

For further information, please contact:
Simon Barrette, Communications Manager, External Communications, KONE Corporation, tel. +358 204 75 4271, media@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 2014, KONE had annual net sales of EUR 7.3 billion, and at the end of the year over 47,000 employees. KONE class B shares are listed on the Nasdaq OMX Helsinki Ltd. in Finland.

www.kone.com