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Otis earns Hong Kong Green Building Award

Otis Elevator Company, a unit of United Technologies Corp. (NYSE:UTX), announced that its Hong Kong affiliate has been awarded the prestigious Merit Award by the Hong Kong Green Building Council and Professional Green Building Council for the energy-efficient Gen2 elevator system. This recognition from the Hong Kong Green Building Awards 2012 underscores Otis' demonstrated success in environmental protection and sustainable development initiatives.

Otis' award-winning line of Gen2 elevator systems featuring ReGen drives reduce energy consumption by up 75 percent compared to conventional systems with non-regenerative drives. In addition, Otis' ReGen drives capture the energy normally wasted during elevator braking and normal elevator operation and feed it back into the building's electrical grid for use by other systems.

This recognition reinforces Otis' position as an industry leader in environmental sustainability while building on the success of the company's The Way to Green initiative, a major global environmental program which spans every aspect of its operations, from design and manufacturing to products and end-of-life recycling.



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