2007'02.10.Sat
Otis Wins Record Order in Kuwait

September 13, 2006

FARMINGTON, Conn., Sept. 13 /Xinhua-PRNewswire/ -- Otis Elevator Company, a unit of United Technologies Corp. (NYSE: UTX), has won a contract to supply and install 90 escalators and 48 Gen2(R) Comfort elevators for a 1.6 million-square-foot mall project in Al-Ardiya, Kuwait. The order, Otis' largest to date in Kuwait, follows an order earlier this year for 42 Gen2(R) elevators in Kuwait City. "Otis continues to strengthen its presence in Kuwait due to our experienced local management team as well as our comprehensive installation and service capabilities," said Ari Bousbib, Otis president. "We look forward to this partnership with Al-Waseela Real Estate Company and to our participation in this important retail project." The Al-Ardiya project will support small industries and handcrafts. It includes a central area with individual studio workshops surrounded by a showroom and mall where handcrafts can be displayed and sold. Otis' Gen2 Comfort elevator brings the same unparalleled energy savings, reliability and quiet, environment-friendly operation of the Gen2 family of elevators to the low-rise residential and small-scale commercial building market segments. It can carry loads of 320 kilograms (four people) to 1,000 kilograms (13 people) at speeds of up to one meter per second. Otis Elevator Company 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 1.5 million elevators and escalators worldwide. United Technologies Corp., based in Hartford, Connecticut, is a diversified company providing high technology products and services to the building and aerospace industries. For more information, please contact: Tizz Weber Director, Communications Tel: +1-860-676-6127 Email: Tizz.Weber@Otis.com SOURCE Otis Elevator Company
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