KONE to Supply North America’s first Jump Lift Elevators in New Toronto Residential Building


KONE Inc., press release, October 24, 2012

KONE has won an order from Tucker HiRise and Great Gulf to provide elevators and escalators for its One Bloor project, a 75-story, mixed-use development in Toronto, Canada. KONE will provide a total of nine elevators and two escalators for the innovative project which features North America's first JumpLift installation, as well as Toronto's first installation of KONE Polaris™ Destination Control (DCS) technology.

The order consists of six KONE EcoSystem MR™ elevators, three MonoSpace® elevators and two escalators. Two of the three high-rise EcoSystem MR elevators will feature the innovative KONE JumpLift solution, which accelerates construction work and increases safety at the construction site. The KONE JumpLift uses temporary machine rooms within the building's permanent hoistways, which are moved up as the construction work progresses. At One Bloor, this process will continue for 24 months, after which the machines will be easily converted into permanent elevators.

KONE has experience installing JumpLift at sites around the world, yet this is the first time the technology will be used in North America.

The project will also feature KONE Polaris Destination Control system, making One Bloor by GreatGulf the first building in the Toronto region with this technology. The KONE Polaris system uses artificial intelligence to optimize elevator traffic patterns, increasing carrying capacity and ride comfort of the elevators, as well as reducing overall riding time for passengers.

"We are very pleased to work once again with Tucker HiRise to provide solutions that will improve the people flow not only during construction, but throughout the building's life," said Kelly Leitch, President and CEO of KONE Canada. "We know that the strong partnership we have built over the years was a key factor in their decision to pioneer JumpLift in North America."

KONE has most recently partnered with Tucker HiRise on the Clear Spirit and Gooderham condominium projects.

KONE will begin work on the project in 2014 and is expected to complete the installation by 2016.

For further information, please contact:
Kellie Lindquist, Marketing Manager, KONE Inc., tel. +1 630 955 4202

About KONE

KONE is one of the global leaders in the elevator and escalator industry. KONE's objective is to offer the best People Flow® experience by developing and delivering solutions that enable people to move smoothly, safely, comfortably and without waiting in buildings in an increasingly urbanizing environment. KONE provides industry-leading elevators, escalators, automatic building doors and integrated solutions to enhance the People Flow in and between buildings. KONE's services cover the entire lifetime of a building, from the design phase to maintenance, repairs and modernization solutions. In 2015, KONE had annual net sales of EUR 8,6 billion, and at the end of the year close to 50,000 employees. KONE class B shares are listed on the NASDAQ OMX Helsinki Ltd. in Finland.

For more information, see www.kone.us