CARGOTEC CORPORATION, PRESS RELEASE, 24 SEPTEMBER 2014 AT 9.30 AM (EEST) Hiab, part of Cargotec, will preview its new and innovative crane HIAB X-HiPro 1058 at the IAA exhibition that takes place in Hannover, Germany from 25 September to 2 October. "We are very proud of our new crane and what it can do for our customers` business," says Sergio Peiró, Product Manager, HIAB Loader Cranes, Heavy Range. The HIAB X-HiPro 1058 crane is the latest in Hiab`s heavy range segment and has been developed to meet the market`s high demands on productivity, durability and fast return on investment. The crane has a series of unique features, for instance, new improved sequence cylinders, new tiltable stabiliser legs and chain driven stabiliser span, and it offers a short and fast route to working position. The capacity is 92 ton metre and the crane has an outreach up to 38 metres vertical with a jib. The integrated subframe at the base of the crane is a brand new feature, which together with the new auxiliary legs that are fully integrated to the hydraulic and electric systems keep the time for crane installation to a minimum and ensures a perfect fit. The crane has a robust design that requires minimal maintenance and service. What is also noteworthy is the crane`s speed and precision even at full outreach. The HIAB X-HiPro 1058 includes features such as Load Stabilising System for easier and safer load handling, Pump Flow Distribution which supports the speed and precision of the crane, and Automatic Speed Control which in cooperation with Pump Flow Distribution increases capacity by 15 percent. One other highlight is the new Variable Stability Limit + that makes working in confined spaces easy while retaining stability and high capacity. It will be possible to order the crane at the end of 2014 when it is fully launched. See HIAB X-HiPro 1058 and Hiab`s other innovations at the IAA exhibition We invite all interested parties to meet us at the IAA and see the HIAB X-HiPro 1058 crane and other Hiab`s load handling innovations at the our stand in Pavilion 35. The fair takes place in Hannover, Germany, from 25 September until 2 October 2014. We welcome media to join Hiab`s press conference on Wednesday, 24 September 2014 at 2.30 p.m. CEST at out stand in Pavilion 35. Please contact Lotta Clausen (lotta.clausen@hiab.com) to arrange one-on-one interviews with Hiab`s President Roland Sundén and other senior executives. For further information please contact: Sergio Peiró, Product Manager, HIAB Loader Cranes, Heavy range, Hiab; tel. +35696977363, e-mail: sergio.peiro@hiab.com Lotta Clausen, Vice President, Communications, Hiab; tel. +46705535138, e-mail lotta.clausen@hiab.com Hiab is the world`s leading provider of on-road load handling equipment. Customer satisfaction is the first priority for us. Around 2,700 professionals at Hiab work to provide high-performance products and services that meet customer needs globally. Our product range includes HIAB loader cranes, JONSERED recycling and forestry cranes, LOGLIFT forestry cranes, MOFFETT truck-mounted forklifts and MULTILIFT demountables, as well as DEL, WALTCO and ZEPRO tail lifts. www.hiab.com Cargotec`s sales totalled approximately EUR 3.2 billion in 2013 and it employs approximately 11,000 people. Cargotec`s class B shares are quoted on NASDAQ OMX Helsinki under the symbol CGCBV. www.cargotec.com