Friday, June 26, 2009

Honeywell Selected by U.S. Army Corps of Engineers to Upgrade and Modernize Federal Facilities

Utility Monitoring and Control Systems to Deliver More Secure, Comfortable and Efficient Working Environments
MINNEAPOLIS, June 26 /PRNewswire-FirstCall/ -- Honeywell (NYSE: HON - News) today announced it has received a multiple award task order service contract from the U.S. Army Corps of Engineers to upgrade federal buildings with safe, secure, comfortable and energy-efficient technology.
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As part of the contract, Honeywell will be able to install utility monitoring and building control technology -- such as heating, ventilation and air conditioning (HVAC), fire alarm and life safety, and security systems -- at any federal facility, nationally or abroad. Honeywell was one of eight companies to receive a contract from the U.S. Army Engineering and Support Center in Huntsville, Ala., for this new program, which could collectively involve as much as $650 million in projects over the next three years.
"The Army Corps of Engineers is focused on continuous process improvement and this program creates a standard procurement vehicle for boosting safety and comfort for employees and citizens, and reducing operating costs at facilities," said Paul Orzeske, president of Honeywell Building Solutions. "We have the technology, experience and footprint to help meet these goals."
The contract builds on decades of work for the federal government. Honeywell provides nearly $50 million of infrastructure improvements for government organizations annually, and has completed projects for the Department of Homeland Security, Department of Energy (DOE) and all four branches of the military, among other agencies.
Honeywell also recently received similar contracts from the DOE and Army Corps of Engineers for programs that could provide nearly $6 billion of energy-efficiency, renewable energy and water-conservation improvements in government buildings combined.
Honeywell International (www.honeywell.com) is a Fortune 100 diversified technology and manufacturing leader, serving customers worldwide with aerospace products and services; control technologies for buildings, homes and industry; automotive products; turbochargers; and specialty materials. Based in Morris Township, N.J., Honeywell's shares are traded on the New York, London, and Chicago Stock Exchanges. For more news and information on Honeywell, please visit www.honeywellnow.com. Honeywell Building Solutions is part of the Honeywell Automation and Control Solutions business group, a global leader in providing product and service solutions that improve efficiency and profitability, support regulatory compliance, and maintain safe, comfortable environments in homes, buildings and industry. For more information about Building Solutions, access www.honeywell.com/buildingsolutions.
This release contains "forward-looking statements" within the meaning of Section 21E of the Securities Exchange Act of 1934. All statements, other than statements of fact, that address activities, events or developments that we or our management intend, expect, project, believe or anticipate will or may occur in the future are forward-looking statements. Forward-looking statements are based on management's assumptions and assessments in light of past experience and trends, current conditions, expected future developments and other relevant factors. They are not guarantees of future performance, and actual results, developments and business decisions may differ from those envisaged by our forward-looking statements. Our forward-looking statements are also subject to risks and uncertainties, which can affect our performance in both the near- and long-term. We identify the principal risks and uncertainties that affect our performance in our Form 10-K and other filings with the Securities and Exchange Commission

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