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Otis Elevator Company

Otis Wins USD 27 Million in Contracts in Paris' La Defense

Farmington, Connecticut (ots/PRNewswire)

Otis, which has been
installing and maintaining elevators in Paris' La Defense business
district for 30 years, has been awarded USD 27 million worth of
contracts to supply two new architecturally stunning office towers --
Granite Tower and T1 Tower -- with the most modern Otis equipment
available.
"We have equipped almost 70 percent of the towers in this most
prestigious business district," said Otis President Ari Bousbib, "and
we are very pleased to continue that tradition with these two new
innovative, architecturally distinct buildings."
The banking group Societe Generale selected Otis to provide
vertical transportation for its new 44-story Granite Tower developed
by NEXITY/DUMEZ, set to open in 2008. Thirty elevators, including the
first two "double-deck" models installed in France, will serve 4,500
employees occupying 55,000 square meters of office space.
The Granite Tower, designed by world-renowned architect Christian
de Portzamparc, is a triangular prism 184 meters tall. Two of the
building's elevators will be double deck, with one car on top of
another, allowing two floors to be served simultaneously. Other
groups of elevators will serve different sections of the building,
freight requirements and parking facilities.
Otis will also equip T1 Tower, designed by architects Valode &
Pistre and owned by Colony Capital. Resembling a large sheet of
folded glass, T1 achieves magnificent aesthetic effects with curves
and light. The 42 floors of T1 Tower have a surface area of 70,000
square meters. The building is being equipped with 28 units,
including a high-rise bank of six elevators capable of carrying
passengers at 7 meters per second.
Both Granite Tower and T1 will benefit from Otis jump lift
technology, which allows service elevators to operate during building
construction.
Otis Elevator Company, a wholly owned subsidiary of United
Technologies Corporation (NYSE: UTX), is the world's largest
manufacturer and maintainer of people-moving products, including
elevators, escalators and moving walkways. With headquarters in
Farmington, Connecticut, Otis employs 60,000 people, offers products
and services in more than 200 countries and territories and maintains
more than 1.45 million elevators and escalators worldwide.
Web site: http://www.otis.com

Contact:

Tizz Weber, Director, Communications of Otis Elevator Company,
+1-860-676-6127, Tizz.Weber@Otis.com

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