Publication Cites Honeywell's 'Innovation,' Experion PKS Product as Key Factors in Selection
PHOENIX, July 7, 2003 - Honeywell (NYSE: HON) Industry Solutions today announced it has been named to START Magazine's "Hottest Companies of the Year," an award recognizing companies that strive to improve themanufacturing landscape with the highest level of technology, products and services.The honor is the latest industry acknowledgement of Honeywell's recenttechnological advancements, most notably its Experion PKS(tm) Process Knowledge System(tm). Experion PKS, a solution that controls, monitors and integrates complex processes in a variety of settings, was launched in April 2002, and instantly gained industry-wide attention.
"With Experion PKS, Honeywell has demonstrated its commitment to manufacturing and to helping the industry grow despite the current economic climate," said Peggy Smedley, Editorial Director at START. "Honeywell has proven that true innovation comes from helping manufacturers take a good, long look at how they can make their plants more efficient and effective.As a voice of the manufacturing executive, START is pleased to recognize companies like Honeywell that provide customers with the tools and information they need to compete in today's highly competitive landscape." Jack Bolick, President of Honeywell Industry Solutions, said: "I want to thank START for recognizing our achievements.
Not only is this award is a great honor, but it also provides us with the opportunity to emphasizeHoneywell's commitment to provide customers with the highest-quality products and services in the industry." The START award is the second notable award for Honeywell within the last three months: in April, analyst firm Frost & Sullivan cited Honeywell as its "Industrial Controls Growth Company of the Year." Frost & Sullivanspecifically mentioned Honeywell's Experion PKS as a leading contributor to the company's recent successes. START, the voice of the manufacturing executive, provides executives with abalance between the technology issues and the greater business management issues facing executives today.
START offers the most sound technology advice coupled with solid coverage of the financial, political, and management news and events shaping manufacturing. Rather than simply pitching the latest concepts in technology, START focuses on the business issues impacting the manufacturer's bottom line. That is exactly why START has become, and will remain, the first word on manufacturing innovation,driven by technology.Honeywell International is a diversified technology and manufacturing leader, serving customers worldwide with aerospace products and services; control technologies for buildings, homes and industry; turbochargers;automotive products; specialty chemicals; fibers; and electronic and advanced materials.
Based in Morris Township, N.J., Honeywell is one of the 30 stocks that make up the Dow Jones Industrial Average and is also a component of the Standard & Poor's 500 Index. Its shares are traded on theNew York, London, Chicago and Pacific Stock Exchanges.
For additional information, please visit www.honeywell.com . Honeywell Industry Solutions is part of Honeywell's Automation and Control Solutions 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 aboutIndustry Solutions, access http://www.acs.honeywell.com/ . This release contains forward-looking statements as defined in Section 21E of the Securities Exchange Act of 1934, including statements about future business operations, financial performance and market conditions.
Such forward-looking statements involve risks and uncertainties inherent in business forecasts as further described in our filings under the Securities Exchange Act.Experion PKS(tm) and Process Knowledge System(tm) are trademarks of Honeywell International Inc.
