MEDIA RELEASE PR37378
Otis Subsidiary to Provide More Than a Thousand Elevators for Singapore Public Housing
Estates
FARMINGTON, Conn., Dec. 8 /PRNewswire-AsiaNet/ --
Otis Elevator Company's subsidiary Sigma Elevator Singapore was awarded two
contracts from the Singapore Housing and Development Board (HDB) to supply and install
1,300 elevators in public housing estates. These contracts were awarded as part of HDB's
Lift Upgrading Program to replace existing elevators and improve accessibility at each
building floor. Otis is a unit of United Technologies Corporation (NYSE: UTX).
"We are delighted to provide a wide array of building solutions -- from innovative
machine-roomless elevators to high-speed systems -- to ensure safe and efficient
transportation for thousands of public housing estate residents in Singapore," said Otis
President Didier Michaud-Daniel.
Singapore HDB, a government public housing authority under the Ministry of National
Development, provides residential housing to more than 80 percent of the country's
population. With 654 elevators awarded in 2005, Sigma Elevator is supplying a total
1,954 elevators for HDB Upgrading Program.
"In densely populated cities like Singapore, elevators are a critical part of
ensuring efficient transportation in high-rise apartments and optimal accessibility for
all residents," said Brad Buckwalter, president, Otis Elevator Korea. "We are honored
our subsidiary Sigma Elevator in Singapore has been selected to provide the elevators
and maintenance services to meet these needs."
In addition to supplying and installing the 1,300 units, both contracts also include
maintenance contracts for the new units. To date, Sigma Elevator Singapore has earned
maintenance contracts for all the elevators it has installed for HDB projects. The
company currently provides maintenance service for more than 2,300 elevators.
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 61,000 people, offers products and services in
more than 200 countries and territories and maintains 1.6 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.
Contact:
Dilip Rangnekar
Director, Worldwide Communications & Marketing Support
860-676-5992
Dilip.Rangnekar@Otis.com
SOURCE: Otis Elevator Company
CONTACT: Dilip Rangnekar,
Director,
Worldwide Communications & Marketing Support,
Otis Elevator Company,
+1-860-676-5992,
Dilip.Rangnekar@Otis.com
Translations:
Chinese - Simplified (http://asianetnews.net/Download.asp?ID=142096)
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