Honeywell to Integrate Wireless Technology for China's Masteel

Business Wire, Nov 15, 2006

IntelaTrac PKS Will Help Gather Real-Time Field Data, Increase Asset Life and Improve Employee Safety

BEIJING -- Honeywell (NYSE: HON) announced it has entered into an agreement to provide an advanced automated process control system with integrated wireless technology for Masteel, one of China's largest iron and steel manufacturers. The contract - which includes Honeywell's IntelaTrac PKS, as well as design, engineering, commissioning, testing and maintenance services - will help Masteel better control and manage its manufacturing process.

By integrating wireless technology into Honeywell's advanced application solutions, Masteel operators can quickly upload all field information to a control center. This helps operators gather real-time field data more easily, increase asset life through continuous monitoring and improve employee safety. Additionally, Honeywell wireless technology helps plants improve compliance, safety and security, reliability and optimization.

"In today's competitive environment, we need a total solution which helps us optimize our manufacturing process to ensure our continuous position as a leader in the industry," said Mr. Zhang Dali, the general manager of the Coking Company of Masteel, "With Honeywell's complete solution, we can improve our process-management capabilities and maintain a strong competitive edge."

In addition to IntelaTrac, Honeywell will provide Masteel with a process control system, Uniformance[R] PHD, Laboratory Information Management System (LIMS) and its Digital Video Manager[TM] (DVM) system.

"China's iron and steel industry continues to grow rapidly, and the government's development strategy for these industries focuses on technology innovation and industry structure adjustment," said Thomas Liu, managing director, Greater China Region, Honeywell Process Solutions. "Technology like IntelaTrac and Uniformance can aid iron and steel manufacturers in meeting that requirement by making their operations more efficient, making sure their equipment is functioning properly and keeping workers safe. This helps them improve production capabilities and remain profitable."

Founded in 1958 and based in Anhui province, Masteel produces eight million tons of iron and steel per year. The company has some of the world's leading production lines of thin strips, high-speed wires, train wheels and steel H-beams.

Honeywell's presence in China dates back to 1935. The company has key facilities in major Chinese cities such as Shanghai, Beijing, KaiPing, and ShenZhen, and continues to expand its local manufacturing and engineering presence.

Honeywell International is a $31 billion 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, 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. For additional information, please visit www.honeywell.com. Honeywell Process 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 about Process Solutions, access www.honeywell.com/ps.> 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.

Uniformance[R] is a registered trademarks and Digital Video Manager[TM] is a trademark of Honeywell International Inc.

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