Dynapar Recognized for Outstanding Customer Support, Achieves Level 3 Supplier Certification from Otis Elevator

Business Wire, June 27, 2007

GURNEE, Ill. -- Dynapar, a major manufacturer of encoders and resolvers, announced that it has received Level 3 Supplier Certification from Otis Elevator, a designation that allows Dynapar to be included in Otis' ACE program (Achieving Competitive Excellence), where only its best suppliers reside. Dynapar supplies Otis Elevator with encoders that help elevator control systems know the exact position of the elevator car.

Otis Elevator Company, a unit of United Technologies Corp. (NYSE:UTX), recently notified Dynapar that it has received Q Level 3 Supplier Certification. In the certification and Q audit process, Otis rates its suppliers' manufacturing locations for performance in 26 different areas where the lowest score in any one area determines the overall score. Dynapar achieved Level 3 in 23 areas and Level 4 (Gold) in the rest.

In addition to the performance merit, Otis requires suppliers to provide a minimum of 95 percent on-time deliveries and less than a 900 PPM (Parts Per Million) quality rating.

Unlike suppliers who have only one manufacturing location, Dynapar performance was achieved across multiple plants used to supply Otis customers with consistent product and local support around the world.

Mark McElhinny, Business Unit Director of Dynapar, said that although the award is an accomplishment in its own right, Dynapar views it as a challenge to move up to the Gold level, which is a superset of the quality standard ISO9000.

"The whole Dynapar team deserves credit for this recognition, along with the Otis employees who supported our efforts," McElhinny said. "We look forward to continuing our partnership with Otis and to the challenge of achieving Gold level certification."

About Dynapar

Dynapar[TM] is a world-leading manufacturer of optical and magnetic encoders and resolvers with more than 50 years of experience in engineering and manufacturing rotary feedback devices. Dynapar was founded in Gurnee, Illinois in 1955 and has been expanded through the acquisitions to include Hengstler[TM], Acuro[TM], NorthStar[TM], and Harowe[TM] product lines. Dynapar is now uniquely a provider of technologies spanning optical, magnetic, and resolver based feedback.

Pioneering the first true vector-duty hollow-shaft encoder launched Dynapar's strong presence in several industries, including steel, paper, elevator, oil and gas, wind energy, medical, material handling, and industrial servo manufacturers. From small kit encoders to large mill-duty tachometers, Dynapar has the industry covered.

Dynapar customers rely on expertise and support provided from the U.S. sales and manufacturing location in Gurnee, Illinois: Phone 1 800.873.8731 or 1 847.662.2666; FAX 1 847.662.6633; Website: www.dynapar.com. In addition, Dynapar supports global customers with local sales and production locations in Germany, Japan, China, and Brazil.

For more information on Dynapar or its products, call 1 800.873.8731 or visit the Website at www.dynapar.com.