Siemens Becomes Red Bull Racing's Partner for Efficient Technology

By Siemens Plc, PRNE
Wednesday, July 7, 2010

Existing Contract With F1 Team Extended to Provide Green Building and Manufacturing Solutions off the Track

LONDON, July 8, 2010 - Siemens plc has signed an exclusive multi-year agreement with
Red Bull Racing as its green technology partner, working with the Formula 1
team to reduce its facilities' overall carbon footprint, energy and utility
usage and ensure waste minimisation and process improvements.

The contract is an extension to an existing agreement with
Siemens Product Lifecycle Management (PLM) Software which provides the
technology used by Red Bull Racing designers and engineers to virtually model
and manage every part of the race car in the effort to shave critical
hundredths of a second off lap times.

In light of the fact buildings account for 40% of global energy
demand, and about 30% of this could be eliminated through improved industrial
technology, lighting, insulation, controlled air conditioning and efficient
heating systems, Red Bull Racing is working with Siemens to maximise its
operational efficiency and significantly reduce energy usage through the
improvement of building equipment, systems and processes at its manufacturing

Siemens is currently carrying out a series of audits on
current manufacturing equipment and processes, building management, heating,
lighting and air conditioning systems at the team's head quarters in Milton
and will subsequently provide technology and solutions to implement
significant energy and operational savings and improvements across the site.
The key to the Siemens approach is the Operational Efficiency Audit which
aims to understand the business and identify areas where efficiencies and new
technologies will have a direct impact on energy savings and financial

Juergen Maier, head of industry for Siemens plc, said: "We are delighted
to extend our work with Red Bull Racing. Using our expertise in energy
efficient products and solutions we hope to help Red Bull Racing set the pace
in greener manufacturing in the Formula 1 industry. With Siemens PLM software
helping the Red Bull Racing car to be as efficient as possible on the track,
the new partnership will now also enable greener, efficient operations to be
number one off the track!"

Christian Horner, Red Bull Racing Team Principal, added: "Energy Saving
is currently an important topic in F1. Teams have demonstrated their
commitment to reducing carbon emissions with the recent announcement of
FOTA's carbon calculation and reduction programme. Our new agreement with
Siemens plc demonstrates our desire to reduce Red Bull Racing's factory
emissions and significantly cut our company's carbon footprint - we're
pleased to be able to do this with a company such as Siemens."

Siemens products and solutions helped its customers reduce
their CO2 emissions by 210 million tons in 2009. In the coming years, Siemens
intends to further increase the contribution of its Environmental Portfolio
toward reducing customer emissions - and have set a goal of at least 300
million tons in 2011. In fiscal 2009, the Environmental Portfolio generated
revenue of around EUR23 billion. Siemens provides its customers with a wider
range of environmentally friendly technologies than any other company in the

Emma Whitaker, +44(0)7921-246942 / Kerry Milton, +44(0)1276-696338

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