ThyssenKrupp Elevator Offers Competitive Financing in Canada; eMarket Capital Partnership Enables On- and Off-Line Finance Management

Business Wire, May 28, 2002

Business Editors

MEMPHIS, Tenn.--(BUSINESS WIRE)--May 28, 2002

ThyssenKrupp Elevator has teamed with eMarket Capital to provide simple, flexible, and competitive financing alternatives.

Innovative technology provides on- and off-line solutions for its Canadian customers to access, review, and select proposals with competitive rates and terms.

Customers may request financing through the specially designed interface at www.thyssenkruppelevator.com/finance.asp or by fax. Once the short application form has been submitted, eMarket Capital then forwards it to selected financing partners. Offers are formatted to simplify interpretation and posted in a secure area online. Customers enjoy rapid response, usually within two business days.

"We felt it was important to offer our customers simple yet competitive financing options," stated Kirk Vazal, treasurer of ThyssenKrupp Elevator. "eMarket Capital successfully designed a financing program with the flexibility to encourage application both on- and off-line."

"Usage of this particular tool in the elevator industry is new and will help our customers obtain the equipment and services they desire," said John Cunningham, ThyssenKrupp Elevator's vice president of marketing.

"We are pleased to introduce this service to the vertical transportation industry through our partnership with ThyssenKrupp Elevator," said Dean Stolberg, eMarket Capital vice president. "We look forward to a mutually beneficial partnership with this industry leader."

ThyssenKrupp Elevator's new financing offering is ideal for new elevator and modernization projects. This powerful financing tool is now available to all U.S. and Canadian customers.

ThyssenKrupp Elevator is North America's market leader in elevator sales and service with maintenance contracts for more than 170,000 units. In the United States and Canada, the company has 10,500 employees and more than 300 sales and service locations. Since acquiring Dover Elevator in the 1990s, ThyssenKrupp has been recognized as one of the world's largest elevator manufacturers and service providers. ThyssenKrupp Elevator products and services are recognized globally for their high quality and exceptional value.

ThyssenKrupp Elevator is a member of the Elevator Escalator Safety Foundation, a charitable organization that promotes the safe and proper use of elevators, escalators, and moving walks through information and educational programs.

For additional information or to contact ThyssenKrupp Elevator, visit online www.thyssenkruppelevator.com.