Press Release

The New Crane Reliability Survey™, from Konecranes, Inc., Helps Customers Achieve the Highest Lifecycle Value for Process Cranes

SPRINGFIELD, OH (March 13, 2008)—Konecranes, Inc., a global leader in the manufacturing of overhead lifting equipment, offers an in-depth and customized study and comprehensive report for process cranes of all makes and models. The Crane Reliability Survey (CRS) is conducted by a team of highly-trained and experienced specialists using the most advanced technology. The results provide customers with the insights needed to achieve the highest lifecycle value for key lifting equipment.

During a CRS, the Konecranes team studies equipment documentation, interviews crane users, and uses advanced diagnostic tools to penetrate deep into equipment. The CRS can uncover problems that are undetectable by standard regulatory inspections and will give customers peace of mind. If problems are detected, the customer can address them in advance to prevent injuries from occurring. Employees will appreciate the investment in their safety.

The CRS can also help to improve crane performance and reliability by providing a guide for repairs, upgrades, and modernizations. Knowing what repairs, if any, are needed allows customers to plan ahead and create long-term maintenance plans, which ensures maximum productivity and uptime over the lifecycle of key equipment. Preventive maintenance measures can help extend the service life of equipment and decrease the total cost of ownership.

The CRS is divided into four modules. The modules include the CORE Inspection and Analysis, Structures and Working Conditions, Components, and Maintenance and Reliability.

The CORE inspection and analysis includes an overall inspection and analysis of the crane, including: a service life analysis, a detailed crane inspection, detailed crane identification, and a CRS executive summary.

The Structures and Working Conditions analysis includes an examination of the crane's condition by evaluating the operating equipment, including: an ambient conditions analysis, a power supply analysis, a geometric analysis, and a steel structure analysis.

The Components analysis includes a detailed assessment of the present condition of the crane's key components, an electrical component analysis, and an analysis of the motor, rope, gears, and hook.

The Maintenance and Reliability module identifies the most critical elements that may cause downtime, including: a reliability analysis, LCA environmental impact analysis, spare part analysis, and cost analysis.

For more information about the CRS, or other Konecranes products and services, please contact Konecranes Americas, 4401 Gateway Boulevard, Springfield, OH 45502, by phone 937-525-5533, by fax 937-325-8945, or toll-free 800-934-6976. More information is available at www.konecranesamericas.com.

Konecranes is a world-leading group of Lifting Businesses™, serving a broad range of customers, including manufacturing and process industries, shipyards, ports, and terminals. Konecranes provides productivity-enhancing lifting solutions as well as services for lifting equipment and machine tools of all makes. The Group has nearly 8,500 employees, at more than 470 locations in 43 countries, including 100 branches in North America.