Honeywell Receives More Than $100 Million In Orders For Experion PKS | Automation.com

Honeywell Receives More Than $100 Million In Orders For Experion PKS

Phoenix, Arizona, June 12, 2002 — The Industry Solutions business of
Honeywell [NYSE:HON] announced that it has generated more than $100
million in orders since announcing its new system, Experion PKS™, less than two months ago.

Designed for industrial operations, Experion PKS improves the control, monitoring and management of complex production processes. The new system introduces an innovative Process Knowledge System™ approach that provides employees with advanced tools and technologies that enable them to capture and share knowledge, increasing productivity and profitability throughout their organization.

Today’s industrial businesses are primarily managed around the
manufacturing process itself. A Distributed Control System (DCS),
pioneered by Honeywell in the 1970’s and offered by numerous suppliers today, is designed to control and manage that process with a focus on operations. A Process Knowledge System is designed to control the entire scope of production, addressing the needs of operations, maintenance, engineering, and business personnel. It incorporates and builds upon best-in-class DCS technology to provide site-wide information, management, and workflow optimization for all employees regardless of their job function or working environment.

Experion PKS provides this capability through a variety of new and
patented technologies including “industrial” wireless, fault tolerant Ethernet, abnormal event and alarm management, digital video and Human Machine Interfaces. These technologies enable employees to be highly productive, allowing them to capture and manage knowledge efficiently and give them more time for higher-value activities. This knowledge-driven environment ensures that the right people have access to the right information at the right time -to collaborate and make decisions wherever their work takes them.

“Successful companies realize the value of knowledge and work flow
management toward increasing productivity and profitability, especially when the workforce is decreasing due to downsizing and other factors” said Terry Sutter, President of Honeywell Industry Solutions. “The tools and technologies embedded in Experion PKS help to capture and magnify the existing knowledge level and value within organizations to realize untapped productivity.”

For more information visit www.experionpks.com.

Industry Solutions, a global business in the Honeywell Automation and Control Solutions group (ACS), provides automation and business solutions that help customers achieve improved productivity, compliance, safety, and decision-making. ACS is a US$8 billion global leader in providing product and service solutions to create efficient, safe, and comfortable environments and help business and industry improve productivity and profitability. It comprises four businesses: Industry Solutions; Service; Security and Fire; and Control Products. ACS offers heating, ventilation, humidification and air-conditioning equipment controls, security and fire alarm systems, home automation systems, energy-efficient lighting controls, and building management systems and services. It also provides automation systems, advanced software solutions, and value-added services used in a variety of industries. ACS is also a global supplier of sensors, switches, and control products for industrial applications. For more information about Industry Solutions, access http://www.iac.honeywell.com.

Honeywell is a US$24-billion diversified technology and manufacturing leader, serving customers worldwide with aerospace products and services; control technologies for buildings, homes and industry; automotive products; specialty chemicals; fibers; plastics; and electronic and advanced materials. Honeywell employs approximately 115,000 people in 95 countries and is traded on the New York Stock Exchange under the symbol HON, as well as on the London, Chicago and Pacific stock exchanges. It 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. Additional information on the company is available on the Internet at www.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™ and Process Knowledge System™ are trademarks of Honeywell International Inc.

Honeywell Industry Solutions
16404 N. Black Canyon Highway
Phoenix, AZ 85053
1-800-223-8947
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