Schindler Elevator Corporation Wins National Service Contract with Simon Property Group

  Schindler Elevator Corporation Wins National Service Contract with Simon
  Property Group

Business Wire

MORRISTOWN, N.J. -- December 05, 2012

Schindler Elevator Corporation has been awarded a multi-million-dollar
national service contract with Simon Property Group to maintain over 750
elevators and escalators in 81 shopping malls as well as two office buildings
across the United States. The contract includes full maintenance. Under the
agreement, Schindler is also a provider for modernization and repair work,
including escalator replacements.

“We have been working with local Schindler offices since 2008,” said Paul E.
Beadle, director of purchasing for Simon Properties. “They’ve done a great job
for us and have proven to be an extremely customer-friendly company that
anticipates our needs.”

“We are delighted to have been awarded this prestigious contract and to
continue our relationship with Simon Property Group,” said Phil Harty,
director, Key Account Management at Schindler.”

About Simon Property Group

Simon Property Group, Inc. (NYSE:SPG) is an S&P 100 company and the largest
real estate company in the world. The Company currently owns or has an
interest in 331 retail real estate properties in North America and Asia
comprising 241 million square feet. Headquartered in Indianapolis, Indiana,
the company employs approximately 5,500 people in the U.S. For more
information, visit the Simon Property Group website at

About Schindler Elevator Corporation

Schindler Elevator Corporation is the North American operation of the
Switzerland-based Schindler Group, a leading global mobility provider with
approximately 44,000 employees operating in more than 100 countries. Schindler
supports sustainable urban development with safe, reliable and ecologically
sound mobility solutions and its equipment moves one billion people every day
all over the world. In 2011 and 2012, Schindler was named one of Forbes
Magazine’s 100 Most Innovative Companies, and two of the company’s products
received the 2011 Architectural Products’ Product Innovation Award. For
additional information about Schindler Elevator Corporation, visit the
company’s Web site at


Schindler Elevator Corporation
Kathy Rucki, 973-397-6564
Fax: 973-397-3619
Manager, Corporate Communications
Kim Hoskins, 973-397-3797
Fax: 973-397-3619
Corporate Communications
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