Empire State Building Selects Otis for Major Modernization Project

By Otis Elevator Company, PRNE
Sunday, June 19, 2011

NEW YORK and FARMINGTON, Connecticut, June 20, 2011 -

- Iconic Landmark
to Install Advanced Elevator Systems with Improved Speed,
Energy-Efficiency, and Passenger Experience

Elevator Company, a unit of United Technologies Corp. (NYSE:
UTX), and Empire State Building
Company, LLC, owner of the Empire State Building, the world’s
most famous office building, today announced the awarding of a
major contract to Otis to fully refurbish and modernize the
building’s 68 elevators.  As part of this contract, Otis was
also awarded a ten year maintenance contract.  The elevator
upgrade is the final component of the $550 million dollar Empire
State ReBuilding renovation and modernization program.
 Completion of the elevator upgrade and ongoing maintenance by
Otis will deliver improved speed, energy efficiency, and passenger

(Photo:   href="photos.prnewswire.com/prnh/20110616/NE20586-a">photos.prnewswire.com/prnh/20110616/NE20586-a

(Photo:   href="photos.prnewswire.com/prnh/20110616/NE20586-b">photos.prnewswire.com/prnh/20110616/NE20586-b

“Otis designed and installed the original elevator system for
the Empire State Building and we are thrilled, on the building’s
80th anniversary, to have been chosen to help make it one of the
most modern and energy efficient office buildings in the world,”
said Didier Michaud-Daniel, president of Otis Elevator Company.
 ”Throughout its 158 year history, Otis has proven its ability
to manage and deliver complex projects like this one.  At the
Empire State Building, we look forward to applying our expertise to
upgrade all 68 elevators in the building and replace existing
machines, weighing as much as 26,000 pounds. Otis is proud to be
undertaking this modernization project - the largest in our history
- in one of the world’s most iconic buildings.”

The 68 modernized elevators will transport the close to 10
million tenants and office and observatory visitors each year in
state-of-the-art, modern equipment.  Through the use of Otis’
Compass™ Destination Management system and during peak operating
periods, the elevators will transport passengers to their
destinations up to 20-40% faster than conventional elevators in
other modern commercial buildings. Using Otis ReGen™ drives, the
modernized elevators will dramatically improve efficiency and the
return of regenerated energy back into the building grid, reducing
elevator energy usage by as much as 30%.  

“The bidding for our project was challenging and rigorous.
 Otis won as the clear choice through its technological
solutions, innovative scheduling, performance guarantee, commitment
of executives and personnel, and pricing,” said Anthony Malkin, of
owner Empire State Building Company. “While we have concluded very
significant leasing at our repurposed building, the vast bulk of
our new leases are not yet in occupancy.  Now is the time to
take on this project without disruption to our tenants.  Otis’
creative approach to minimize disruption through staffing,
implementation and scheduling created an impressive and winning
result.  We are delighted to welcome Otis back to the building
and consider them best equipped to deliver the highest level of
service to our tenants over the next ten years.”  

The Empire State Building has achieved worldwide attention for
its groundbreaking progress in developing a replicable model for
energy efficiency retrofits in existing, built environment in
partnership with the Clinton Climate Initiative, Johnson Controls,
Jones Lang LaSalle, and the Rocky Mountain Institute ( href="www.esbsustainability.com/">www.esbsustainability.com).
 Through its partnership with Empire State Building, Otis is
further emphasizing its steadfast commitment to working with its
customers and suppliers to show them href="www.otisworldwide.com/d51-green.html">The Way to
Green™.  The Way to Green is Otis’ global environmental
program, which spans every aspect of its operations, from design
and manufacturing to products and end-of-life recycling.  By
selecting improved products that reduce energy consumption and
offer optimum performance, the modernized elevators in the Empire
State Building will demonstrate how older buildings can be as
efficient and cutting edge as modern buildings.  

About Otis Elevator Company

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,
, Otis employs 60,000 people globally, offers products
and services in more than 200 countries and territories and
maintains over 1.7 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.

About the Empire State Building

Soaring 1,454 feet above Midtown Manhattan, the Empire State
Building is the “World’s Most Famous Office Building.” With new
investments in infrastructure, public areas and amenities, the
Empire State Building has attracted first-rate tenants in a diverse
array of industries from around the world. The skyscraper’s robust
broadcasting technology supports all major television and FM radio
stations in the New York metropolitan market. The Empire State
Building was named America’s favorite building in a poll conducted
by the American Institute of Architects. The Empire State Building
Observatory is one of the world’s most beloved attractions and is
the region’s #1 tourist destination. For more information on the
Empire State Building, please visit href="www.esbnyc.com/">www.esbnyc.com,
or href="twitter.com/ESBObservatory">@ESBObservatory

Michele Batty - Manager, Worldwide Communications
Otis Elevator Company

Roberto Lebron - Director, Client Services
CooperKatz for Otis Elevator Company



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