New Release Offers Improved Enterprise-wide Management Tools and a Foundation for Profitability Analysis.PHOENIX, April 28, 2003 -- Honeywell (NYSE:HON) Industry Solutions todayannounced the new release of its OptiVision® PKS order fulfillment and production management solution for the pulp and paper industry. The release carries Honeywell's Process Knowledge Solution(tm) (PKS) designation because it includes refined management tools that enable timely, accurate monitoring and analysis throughout a single mill, or across regional, national and global pulp-and-paper enterprises. More than 30 pulp and paper mills worldwide have already placed orders for the new release, including mills in Canada, Europe, India, Mexico, South America and the United States. OptiVision PKS is a suite of more than 800 product applications that facilitate advanced production planning, order fulfillment, production management, quality management, logistics planning, shipping and invoicing functionality. Release 500 introduces built-in Microsoft .NET technologythat applies more than 30 years of industry-specific business logic. Among other benefits, the .NET technology will ease future system upgrades and enable Web delivery of updated OptiVision tools. OptiVision PKS also features OptiQUERY(tm), a report generator that can be configured by the user and features powerful scheduling and electronic distribution of reports in Excel, and OptiMASTER(tm), an integratedapplication that expedites entry of customer data. To support pulp-and-paper enterprises whose transactions cross international boundaries, OptiVision PKS simultaneously accommodates metric and imperial measurements, multiple currencies and disparate time zones. "Our product development objective is to deliver innovations that directly answer pulp and paper producers' changing needs so they can continually improve performance levels and competitiveness," said Bill McAfoose, Honeywell Business Director for OptiVision PKS. "Additions in Release 500of OptiVision PKS improve customers' ability to capture and manage information they can use to increase productivity, safety, profitability and overall operational effectiveness, from planning and order-taking through product shipment and invoicing."Honeywell has more than 30 years of experience in the pulp, paper and printing industries and is the global leader in providing these industries with solutions that improve performance. 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 Solutionsis part of Honeywell's Automation and Control Solutions group, a globalleader in providing product and service solutions that improve efficiencyand profitability, support regulatory compliance, and maintain safe,comfortable environments in homes, buildings and industry. For more information about Industry Solutions, access http://www.acs.honeywell.com/.This release contains forward-looking statements as defined in Section 21Eof 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 inbusiness forecasts as further described in our filings under the Securities Exchange Act. OptiVision® PKS is a registered trademark and Process Knowledge Solution(tm), OptiQUERY(tm) and OptiMASTER(tm) are trademarks of Honeywell International, Inc.
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