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Press Release

HONEYWELL WINS 2005 VAALER AWARD FROM CHEMICAL PROCESSING MAGAZINE

Process Control Network Security Services Garners Prestigious Award For Helping Plants Achieve and Maintain Peak Operating Safety and Efficiency

PHOENIX, Jan. 05, 2006 – Chemical Processing magazine presented Honeywell with a 2005 Vaaler Award for its Process Control Network (PCN) Security Services Suite, a software-based service developed in response to the growing threat of cyber terrorism. Honeywell is one of only three companies this year to receive the prestigious award, which recognizes the key roles that suppliers’ innovations can play in helping plants achieve and maintain peak operating safety and efficiency.

“Chemical facilities are potential terrorist targets because many sites deal with materials and processes that, if tampered with, could have severe consequences in neighboring communities,” said Mark Rosenzweig, Chemical Processing’s editor in chief. “Honeywell’s PCN Security Services suite helps chemical companies protect against this threat by making sure their business and control systems are safe.”

Commercialized in 2004, the PCN Security Services suite is a systematic approach to the assessment, design, implementation and management of a customer’s process control network. Honeywell professionals with both IT and process-control experience perform these services, which take a comprehensive approach to resolving process control network security concerns and issues. The suite includes:

  • An assessment service that establishes a baseline used to identify vulnerabilities and to create a set of recommendations that outline necessary and practical changes to mitigate vulnerabilities.
  • A design service that provides details of the security infrastructure connecting a process control network to a plant information network.
  • On-site service from Honeywell engineers who implement the design.
  • PCN security management services administered from Honeywell’s Remote Services Center in Phoenix.

The Honeywell PCN Security Services are directed at the process control environment to ensure that sites are protected from cyber threats. But many customers are more broadly applying the offering to include industrial security, which also addresses the physical aspect of protecting a facility. Combined, these approaches provide defense in depth through layers of cyber and physical security for their chemical processing plants.

The Vaaler Awards are named after John C. Vaaler, who served as the magazine’s editor in chief from 1946-1961.  Ballots were cast by members of the magazine’s editorial board, which is made up of technical professionals in a variety of functions and levels at operating and engineering firms.

“Winning this award isn’t just an honor for Honeywell, it’s a testament to the importance of making sure chemical plants are well protected against every threat,” said Jack Bolick, Honeywell Process Solutions president. “Many chemical companies need to share site-specific data and knowledge with other systems, which increases vulnerability to cyber attacks. The PCN Security Services suite preserves their confidentiality, data integrity and availability.”

For more information about the Honeywell PCN Security Services suite, please contact your local Honeywell dealer or visit www.honeywell.com/ps.

Honeywell International is a $26 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.

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