Otis Wins Elevators, Escalators Contract For Soccer Stadium at 2008 Olympic Games in China

FARMINGTON, Conn.--(BUSINESS WIRE)--March 17, 2004--Otis Elevator Company announced it has been awarded the project to supply the elevators and escalators for the Tianjin Olympic Sports Center, a soccer venue for the 2008 Olympic Summer Games in China.

The Tianjin facility, which Otis will equip with 10 elevators and six escalators, is the second Olympic Games-related project to use Otis vertical transportation systems. In October 2002, Otis won the contract to supply 11 elevators and 38 escalators for the Beijing Transit Center, the city's biggest public transit project and a key transportation interchange for the 2008 Olympic Games.

"The selection of Otis to provide the vertical transportation systems for a second Olympic Games project demonstrates customer confidence in the quality of our products and services," said Otis President Ari Bousbib. "It also underscores that Otis is well positioned to meet the demands of China's urban development."

The Tianjin Olympic soccer stadium will have a floor area of 839,000 square feet (78,000 square meters) and a seating capacity for 60,000.

Otis will install:

-- 8 Otis 3200 elevators.

-- 4 Otis 506 NCE (new commercial escalator) units.

-- 2 Otis 510 PSE (public service escalator) units.

-- 2 TOEC(R) 3F elevators.

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, shuttle systems 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 1.4 million elevators and escalators worldwide.