Siemens to be Global Partner of Expo 2010 Shanghai China

Siemens is the very first multinational company to independently become the Expo 2010 Global Sponsorship Partner. Under an agreement signed today in Shanghai with the Bureau of Shanghai World Expo Coordination, the company will be – effective immediately – a “Global Partner for Innovative Infrastructure and Healthcare of Expo 2010 Shanghai China.” “Siemens will apply its know-how to develop and modernize the city’s infrastructure and to support the Expo with the latest technologies in the areas of rail transportation, building management and healthcare solutions,” said Dr. Klaus Wucherer, member of Siemens’ Corporate Executive Committee, at the signing ceremony.

“Ever since the Great Exhibition of 1851 in London – the world’s first international industrial exposition – Siemens has been actively involved in exposition projects. Altogether, we’ve participated in and provided valuable technological support for 16 world expositions. That’s all the more reason why we’re so pleased to be able to contribute our experience and worldwide knowledge once again and help make Expo 2010 the most interesting, the most successful and the most unforgettable world exposition of all times,” said Wucherer.

Expo 2010 – which will take place from May 1 to October 31, 2010 – is expected to attract over 70 million visitors from China and around the world. For the host city Shanghai – one of the world’s most dynamic urban centers – the exhibition will generate new opportunities for growth as well as major challenges. Siemens’ business portfolio and core competencies can provide everything that Shanghai needs for sustainable urban development and the infrastructure required for major events like Expo 2010 – solutions for energy, environmental protection, industrial automation, public infrastructure and healthcare.

“Expo 2010 is a milestone in our partnership. We’d like to express our sincerest thanks to China, the city of Shanghai and, most of all, to the Bureau of Shanghai World Expo Coordination for this opportunity to help make the Expo vision – Better City, Better Life – a reality,” said Dr. Richard Hausmann, President and CEO of Siemens China.

The partnership agreement was signed today by Dr. Klaus Wucherer, member of the Corporate Executive Committee of Siemens AG, Dr. Richard Hausmann, President and CEO of Siemens China, and Mr. Hong Hao, Director General of Shanghai World Expo Coordination. Mr. Hu Yanzhao, Vice Mayor of Shanghai Municipality, Madam Zhong Yanqun, Vice Chairman of Executive Committee of World Expo 2010 Shanghai China, and other distinguished guests witnessed the signing at the ceremony.

Madam Zhong Yanqun emphasized that the successful preparation and organization of World Expo 2010 would not be possible without the support from all walks of life, especially from the business circle. The participation of Siemens further added to the number of enterprises that sponsor Expo 2010. Meanwhile, Siemens is the very first multinational company to independently become Expo 2010 Global Sponsorship Partner. This will encourage more multinational companies to participate in Expo 2010. The Shanghai Expo serves as an opportunity as well as a stage, for not only companies in China, but also companies all over the world that have strategic vision and outstanding performance.

“Siemens is linked with China and, in particular, Shanghai by more than 100 years of partnership and trust. As a reliable partner and responsible corporate citizen, it’s a great pleasure and a great honor for us to be a Global Sponsorship Partner of Expo 2010. This is a clear sign of our commitment to Expo 2010 and our partnership with China and Shanghai,” noted Hausmann.

Since 2001, Siemens has been actively assisting and making a major contribution to the preparations for Shanghai’s Expo 2010. In July 2007, Siemens became the first multinational company to establish a dedicated organization for Expo activities.

Siemens AG (Berlin and Munich) is a global powerhouse in electrical engineering and electronics. The company has around 475,000 employees (incl. discontinued operations) working to develop and manufacture products, design and install complex systems and projects, and tailor a wide range of services for individual requirements. Siemens provides innovative technologies and comprehensive know-how to benefit customers in over 190 countries. Founded more than 160 years ago, the company focuses on the areas of Information and Communications, Automation and Control, Power, Transportation, Medical, and Lighting. In fiscal 2006 (ended September 30), Siemens had sales of €87.3 billion and net income of €3.033 billion, according to U.S. GAAP. Further information is available on the Internet at: www.siemens.com