SEOUL-- April 29, 2022 -- Otis Elevator Korea (hereinafter “Otis Korea”; IS Cho, vice-president and managing director) announced its Gen2 Life elevator has received INNOSTAR Certification in the elevator section of the “Most Innovative Product” category in 2022, marking the 8th consecutive year it has done so. Otis is the first elevator company in Korea to achieve this milestone.

Otis Worldwide Corporation (NYSE: OTIS) is the world’s leading company in elevator and escalator manufacturing, installation, and service.

IS Cho stated, “We’re honored that Gen2 Life has been chosen by consumers as an innovative product for 8 consecutive years. We will continue to introduce new, innovative solutions to meet customer expectations and enhance the passenger experience.”

Gen2 Life is a part of Otis Gen2® family, the company’s best-selling elevator worldwide. It includes a flat belt system and a variety of other features that showcase Otis’ commitment to innovation in the sustainability and efficiency of elevator operations.

Flat belts that replace steel wire cables are core to Gen2 Life. Flexible and durable, they are constantly monitored by the IoT-based Pulse™ System to ensure stability in all elevator operations.

In addition, a standard feature in Gen2 Life is the ReGen® drive, a power regeneration device that, together with LED lighting and a sleep mode offer greater energy efficiency when the elevator is not running.

Consumers have responded favorably to Otis Korea and its innovative solutions to improve the passenger experience every year.

When added to the Gen2 Life elevator, the Touchless & Sanitizing Solutions help to create a more hygienic experience with the elevator, and a new level of passenger experience. A variety of advanced options are available to passengers, such as the Otis eCall™ Plus mobile app, which allows passengers to call the elevator with their smartphones, touchless hall buttons and control panels, gesture buttons, antibacterial panels and handrails and air purification systems.

Also, by embedding Otis ONE™, a digital maintenance solution, the elevator can deliver even more value to customers and passengers. Through the IoT, cloud, and big data analysis, Otis ONE can predict and solve problems, avoiding unexpected equipment disruptions and reducing downtime. Through this intelligent solution, customers can check elevator “health” in real-time, ensuring transparency. Otis ONE will be released in Korea in the first half of next year.

Since its launch in Korea, Gen2 Life has enjoyed undiminished customer popularity and has been installed in a variety of buildings, both residential and commercial.

INNOSTAR certification is awarded annually by the Korea Management Registration. It is given for market-leading products and services that demonstrate excellence in quality, functionality, design, user environment, and other areas, as determined through consumer research by Korea Research, a specialized research institute. In 2019, Otis became the first elevator company to be inducted into the INNOSTAR Hall of Fame.

Otis gives people the freedom to connect and thrive in a taller, faster, smarter world. The global leader in the manufacture, installation and servicing of elevators and escalators, we move 2 billion people a day and maintain more than 2.1 million customer units worldwide - the industry‘s largest Service portfolio. You’ll find us in the world’s most iconic structures, as well as residential and commercial buildings, transportation hubs, and everywhere people are on the move.