Otis Featured on Dubai's Palm Jumeirah Island


FARMINGTON, Conn., Oct. 4 / -- Otis Elevator Company, a unit of United Technologies Corp. (NYSE:UTX), will install 70 Gen2® elevators and eight escalators in a major residential development on Dubai's landmark Palm Jumeirah Island. The Island, one of Dubai's trilogy of distinctive manmade islands known as The Palms, will include 860 luxury apartments, 44,000 square meters of retail and office space and several five-star hotels along its 2-kilometer (1.24-mile) long "trunk" called the "Golden Mile" -- all connected by a monorail.

Otis continues to strengthen its presence in Dubai, which has emerged as the commercial capital of the Middle East and an impressive engine of growth, featuring such world renowned developments as Burj Dubai. At more than 700 meters (2,297 feet), Burj will be the tallest tower in the world when completed in 2008. Last year, Otis secured a $36 million contract to provide 66 elevators and escalators for the Burj tower.

Otis Elevator Company is the world's largest manufacturer and maintainer of people-moving products including elevators, escalators 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 1.5 million elevators and escalators worldwide. United Technologies Corp., based in Hartford, Connecticut, is a diversified company providing high technology products and services to the building and aerospace industries.

CONTACT:
Tizz Weber,
Director,
Communications of Otis Elevator Company,
+1-860-676-6127,
Tizz.Weber@Otis.com
Web site: http://www.otis.com/

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