Etteplan wins first prize in Mechathon competition Press release - Published: 18.05.2017 - 11:00:00 Back to Releases - This year saw the first edition of the Mechathon competition, organized jointly by KONE and the Tampere University of Applied Sciences, targeted at experts in the field of mechanics. Etteplan, an engineering company that specializes in industrial engineering services, embedded systems, IoT (internet of things) and technical documentation, was a winner in the first-ever Mechathon, a mechanics competition organized on the 12th and 13th of May 2017 in Tampere. The competition was organized by the elevator company KONE and the Tampere University of Applied Sciences. Mechathon included, in addition to adult students from the Tampere University of Applied Sciences, four companies that were tasked with solving one of five technical challenges related to KONE’s elevator technology. The winning team had to present an innovative solution with novelty value and commercial potential. Etteplan’s team solved a mechanical challenge related to the elevator guide rail. The solution proved to be a winner because the team created an entirely new concept that included a solution to four of the five challenges set up by KONE. Etteplan’s winning team included three mechanical engineers, Tomi Martikainen, Teemu Hännikäinen and Jani Renvall, from Etteplan’s Tampere and Hyvinkää offices, as well as two adult students from the Tampere University of Applied Sciences. - We chose Etteplan as the winner because the team set out to solve the challenge from a totally new perspective. In addition, their solution was innovative and technically impressive. We will definitely look into our possibilities for commercializing the solution. Our warmest congratulations to the Etteplan team, says Innovation Manager Ari Hänninen from KONE. - We are happy and proud of the Etteplan team’s success. The team showed how our brand promise ‘Engineering with a difference’, works in practice,” says Veikko Lamminen, SVP, Operations Finland. KONE is a global leader in the elevator and escalator industry, and the company is known for its innovations. KONE takes a collaborative approach to innovation. An open-minded approach to creating new ideas helps develop new skills, identify new challenges and pilot and commercialize new products and services at a faster pace. KONE collaborates closely with its customers, partners, universities, and research centers. For more information, please contact: Veikko LamminenSVP, Operations Finland, Etteplan OyjTel. +358 50 573 4377 Outi TorniainenSVP, Communications & Marketing, Etteplan OyjTel. +358 40 512 1375Liisa KiveläDirector, External Communications, KONE CorporationTel. +358 400 308484 Etteplan in brief Etteplan provides industrial equipment and facility engineering, embedded systems, IoT (Internet of Things), and technical documentation solutions to the world’s leading companies in the manufacturing industry. Our services are geared to improve the competitiveness of our customers' products and engineering processes throughout the product life cycle. The results of Etteplan’s innovative engineering can be seen in numerous industrial solutions and everyday products. In 2016, Etteplan had a turnover of EUR 183.9 million. The company currently has more than 2,500 professionals in Finland, Sweden, the Netherlands, Germany, Poland and China. Etteplan's shares are listed on Nasdaq Helsinki Ltd under the ETTE ticker. www.etteplan.com About KONE At KONE, our mission is to improve the flow of urban life. As a global leader in the elevator and escalator industry, KONE provides elevators, escalators and automatic building doors, as well as solutions for maintenance and modernization to add value to buildings throughout their life cycle. Through more effective People Flow®, we make people's journeys safe, convenient and reliable, in taller, smarter buildings. In 2016, KONE had annual net sales of EUR 8.8 billion and at the end of the year over 52,000 employees. KONE class B shares are listed on the Nasdaq Helsinki Ltd. in Finland.