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Formula Systems
Technology House, Oakfield Industrial Estate,
Eynsham Oxfordshire OX29 4AQ UK
T: +44 1865 882442
E: sales@formula-systems.com

Formula Systems North America Inc.
2300 Eastern Avenue, Elk Grove Village,
Illinois 60007, USA
T: +1 847 350 0655 Toll-Free: +1 866 952 9200

Registered in England & Wales at
Technology House, Oakfield Industrial Estate,
Eynsham Oxfordshire OX29 4AQ United Kingdom
Reg. No.11556251


Formula Systems Expands Operations In USA

Formula Systems, the specialist developer of door protection systems and elevator annunciators, has announced it is expanding its operations in Chicago, Il., USA. Formula Systems North America Inc., will move to new and larger premises, and take on additional staff to help handle the growth.

John Curzon, Formula Systems' President, said: "Since initially setting up our US operations a year ago we've seen tremendous growth for our elevator and door protection systems in the North American markets. I can attribute this to two key aspects: Our policy of bringing technical liaison as close as possible to the customer is paying off. Secondly, as our market penetration continues to strengthen, our customers and prospects are discovering we have developed the most reliable and cost-effective solutions on the market today."

"Formula Systems' proven technology, coupled with direct support from our North American office, is giving new opportunities for revenues in elevator service and modernisation. In addition, we can better support US-based OEMs from our new facility."

From March 2004, Formula Systems North America Inc., will be based at 2351 E Devon Avenue, Elk Grove Village, Illinois 60007, USA
Tel: 1 847 350 0655, Fax: 1 847 350 0670

Formula Systems is a specialist developer of elevator safety edges and holds the Slimscreen, Safescreen (FCU47) and Safezone 3D brands. Formula Systems' bring together the best in engineering and technology for elevator safety edges and door protection devices that are quick and easy to fit in new or existing elevator sites. There are controller-less versions designed for quick and trouble-free fitting, and these provide extensive cost savings in materials, installation and, with the reduced component count, feature superior reliability. Formula Systems' development of the Safezone 3D version has provided the market with a superior door and passenger protection solution. In addition, the company has developed the Orator real speech annunciator for elevators. Orator comes as standard with a pre-defined library of the most common phrases, numbers and announcements and, for those special requirements, has a PC-based editing system giving users the ultimate in flexibility to update their own announcements, as and when required.

Formula Systems is a division of Airdri. UK-based Airdri, is a leading manufacturer of warm air hand driers for industrial, retail, business and domestic applications. Airdri's driers provide an environmentally-sound solution for 21st century washrooms: www.airdri.com. Airdri's subsidiaries include Formula Systems, the specialist developer and manufacturer of Slimscreen, Safescreen (FCU47) and Safezone 3D infrared elevator and door protection safety edges and the Orator real speech annunciators for elevators: www.formula-systems.com.

Further information from:
John Curzon -
john.curzon@airdri.com