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Siemens Transportation Systems Lands Portland Contract Worth $75 Million


Fourth Delivery to Portland Calls for 21 S70 Light Rail Vehicles.

Sacramento, Ca., May 11, 2006, Siemens Transportation Systems (STS) just announced that Portlandís Tri-County Metropolitan Transportation District of Oregon (TriMet) awarded STS an order to build 21 light rail vehicles with an option for 3 more, expanding TriMetís total line of Siemens rail vehicles to 126. The contract, won in a competitive bid, is worth approximately $75 million. The S70, a new vehicle type for Portland, will be designed and manufactured at STSí expanded light rail plant in Sacramento, CA and the delivery of the first car is projected for 2008.

ďSTS worked with the City of Portland for over ten years to make transportation more efficient and convenient for its citizens,Ē stated Oliver Hauck, STS President and CEO. ďOur customers trust us to provide innovative and reliable light rail vehicles that represent the best in public transportation.Ē

The 21 additional S70 light rail vehicles will join TriMetís fleet of STSí SD 660s, the first 70% low-floor vehicle in North America before Siemens designed and marketed the S70. The S70, Siemensí highly successful 70% low-floor light rail vehicle, boasts a more modern, streamlined appearance and features room for over 180 passengers, of which 76 are seated. The vehicle also has provisions for interior bike racks and accommodations for wheelchairs. While the vehicles are designed to travel up to speeds of 65 mph, it will be operated at 55 mph. The S70 is currently in operation in Houston (18 cars) and San Diego (11 cars), with an upcoming delivery of 16 cars in Charlotte, NC.

About Siemens Transportation Systems, Inc. (U.S.)

Siemens Transportation Systems (STS) is the number one supplier of light rail vehicles in North America with more than 800 light-rail vehicles ordered in the U.S. and Canada. STSí product portfolio includes traction electrification, rail automation, rolling stock and integrated services for the North American public transportation and rail industry. With the only permanent U.S. light rail manufacturing facility on U.S. soil, STS provides innovative, safe and reliable transportation solutions. Offices are located in Sacramento, CA (HQ), Lake Oswego, OR, New York, NY and Minneapolis, MN. For more


About Siemens

Siemens AG (NYSE:SI) is one of the largest global electronics and engineering companies with reported worldwide sales of $96 billion in fiscal 2005. Founded nearly 160 years ago, the company is a leader in the areas of Medical, Power, Automation and Control, Transportation, Information and Communications, Lighting, Building Technologies, Water Technologies and Services and Home Appliances. With its U.S. corporate headquarters in New York City, Siemens in the USA has sales of $18.8 billion and employs approximately 70,000 people throughout all 50 states and Puerto Rico. Thirteen of Siemensí worldwide businesses are based in the United States. With its global headquarters in Munich, Siemens AG and its subsidiaries employ 460,000 people in 190 countries. For more information on Siemens in the United States:


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