Konecranes will as of September 1, 2010, combine the current SAP and NEA Regions to one. The new Asia-Pacific (APAC) Region will be headed by Ryan Flynn.

Mr. Ryan Flynn has been Senior Vice President and Head of Konecranes’ operations in the Northeast Asia (NEA) region as of September 1, 2009. At the same time, Mr. Flynn also became a member of the company’s Extended Management Team. Previously, Mr. Flynn worked for Konecranes as Director, Ports, Northeast and Southeast Asia. In his new role as the head of the APAC Region, Mr. Flynn will continue to report to Harry Ollila, Executive Vice President and Head of Market Operations.

After this structural change, Konecranes will be in a better position to serve its customers across the Asia-Pacific region.

Mr. Edward Yakos, Senior Vice President, South Asia Pacific who has had a long and successful career at Konecranes, is pursuing other interests. Mr. Yakos worked for Konecranes since 1992 and since August 2005, Mr. Yakos was Head of Konecranes’ operations in region South Asia Pacific (SAP) and Managing Director of both the Australian and Singaporean Konecranes subsidiaries. He was a member of the Group Executive Board from 2005 to September 2009, and a member of the Extended Management Team since September 2009.

The new Konecranes Region structure consists of four Regions:
Americas (AME), Western Europe, Middle East and Africa (WEMEA), Nordic, Eastern Europe and India (NEI) and Asia-Pacific (APAC).

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. In 2009, Group sales totaled EUR 1,671 million. The Group has 9,600 employees, at 545 locations in 43 countries. Konecranes is listed on NASDAQ OMX Helsinki Ltd (symbol KCR1V).