Schindler Elevator Sponsors Solar Impulse Project

  Schindler Elevator Sponsors Solar Impulse Project

Partnership underscores Schindler’s commitment to developing sustainable
mobility technology

Business Wire

MORRISTOWN, N.J. -- March 28, 2013

Schindler, a leading global elevator and escalator provider, is providing
significant technical expertise and financial support as a main partner of
Solar Impulse, the zero fuel airplane aiming to fly around the world propelled
only by solar energy. The Solar Impulse project underscores Schindler’s
commitment to reimagining sustainable mobility. With the “Across America”
Mission flights beginning in May, another milestone is trying to be achieved.

As demands on mobility grow and fuel resources dwindle and become more
expensive, mankind’s future lies in using clean, sustainable energy from
renewable sources.

The solar-powered airplane takes off from Moffett Airport outside San
Francisco on May 1^st before stopping in Phoenix, Dallas, Atlanta or St.
Louis, Washington, D.C. and New York City. The Solar Impulse team, alongside
contributing Schindler engineers, is already developing targeted innovations
that revolutionize the structure of materials, improving their robustness and
reducing their weight. Such innovations can lead to significant reductions in
energy consumption, which in elevators, account for one of the largest parts
of their environmental impact.

“This partnership is the perfect embodiment of Schindler’s ongoing investment
in innovative technology for sustainable mobility,” said Bill Fiacco,
president marketing and sales, Schindler Elevator Corporation. “Our
long-standing commitment to trailblazing technology that safely moves more
people with less energy is one we share with Solar Impulse. The insights we
gain from working together with the top researchers and technical experts in
their fields bring us closer than ever to achieving this common goal.”

Schindler’s destination dispatching system, machine room-less elevators,
regenerative drives and variable speed escalator technology are industry
benchmarks in innovation. The company’s very latest development, an elevator
powered exclusively by solar energy, once again highlights Schindler’s
revolutionary and forward-looking spirit.

"Solar Impulse is an excellent example of innovative sustainability and
grass-roots entrepreneurship", said Alfred N. Schindler, Chairman of the
Schindler Group. "This project is not only about saving and conserving energy;
it's all about working smarter instead of working harder.”

Bertrand Piccard, Initiator and Chairman of Solar Impulse welcomes Schindler’s
involvement as an important illustration of how forward-looking companies are
approaching sustainable development. “Schindler is not simply a partner of
Solar Impulse, it is the proof that global companies are increasingly
understanding the enormous potential of Cleantech in industrial and economic
development, and in the creation of jobs.”

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. For additional information about
Schindler Elevator Corporation, visit the company’s website and follow us on
social media for the latest news and updates at www.us.schindler.com.

About Solar Impulse

Solar Impulse HB-SIA, the first aircraft designed to fly night and day without
fuel or polluting emissions, demonstrating the enormous potential of renewable
energy. Seven years of intense hard work, calculations, simulations and tests
by a 70-person team and 80 partners have gone into completing this totally new
carbon fiber aircraft, with the wingspan of an Airbus A340 (63.4m) and the
weight of an average family car (1600 kg). Never before has such a large and
lightweight aircraft been built. Nearly 12,000 solar cells, integrated into
the wing, feed renewable energy to the four electric motors with a maximum
power of 10 HP each, and by day also charge the lithium-polymer batteries (400
kg) which enable the aircraft to fly at night. The Solar Impulse project is
supported, by among others: Main Partners Solvay, Omega, Deutsche Bank and
Schindler; Official Partner, Bayer Material Science; EPFL, Official Scientific
Adviser; Altran, Engineering Partner; and, Dassault-Aviation, Aeronautical
Adviser.

Contact:

Schindler
Kathy Rucki, 973-397-6564
Manager, Corporate Communications
Fax: 973-397-3619
kathy.rucki@us.schindler.com
or
Kim Hoskins, 973-397-3797
Corporate Communications
Fax: 973-397-3619
kim.hoskins@us.schindler.com
www.us.schindler.com