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HONEYWELL WELCOMES YOKOGAWA'S FIELD INSTRUMENT BUSINESS TO PKS ADVANTAGE PROGRAM
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Partnership Gives Customers Greater Flexibility to Choose Best-in-Class Field Solutions PHOENIX, Jan. 20, 2005 - Honeywell (NYSE: HON) today announced that Yokogawa has joined Honeywell's PKS Advantage™ Program, a collaborative effort allowing third-party vendors to integrate their products with Honeywell's Experion™ Process Knowledge System (PKS). The PKS Advantage Program gives customers greater flexibility in choosing field solutions for their businesses, and the addition of Yokogawa strengthens the options customers currently have.
"Honeywell and Yokogawa possess extensive process and automation control knowledge. It is our customers' who will benefit as we collaborate in such an open program," said Harry Sim, vice president of marketing for Honeywell Process Solutions. "Many of Yokogawa's field products are considered by industry experts as best in their class. We are delighted to integrate these fine products with our own and create even more opportunities for our customers to make the most of their operations."
"We joined the PKS Advantage Program to provide our quality field instruments to users of Honeywell's host systems. By participating in the program, both Yokogawa and Honeywell can collaborate and certify integration with each other," said K. Hiromi, Vice President of Yokogawa's Field Instruments Business Division. "Yokogawa Field Instruments will continue to put customers first by supporting truly open solutions and providing Yokogawa's superior technologies."
As part of the program, Yokogawa will include its digital YEWFLO* Vortex Flowmeters, EJX Pressure Transmitters and the YVP Advanced Valve Positioner, along with its ValveNavi software. Over time, these devices will be integrated into the Honeywell Experion Process Knowledge System (PKS). Honeywell and Yokogawa will begin integrating products in the first quarter of 2005.
According to ARC Research Director Larry O'Brien, "Honeywell's PKS Advantage Program represents a true effort on the part of Honeywell to provide openness and integration of third party products within the Experion PKS automation infrastructure, and this latest alliance with Yokogawa is beneficial for customers of both companies. Many users view Yokogawa's field instrumentation as best in class, and both companies have considerable experience when it comes to the implementation of Fieldbus systems."
Experion PKS integrates process and business data across the entire facility, making information and knowledge available where and when needed, so process manufacturers can make the right decisions. Asset Manager is a suite of advanced asset management applications within the Experion PKS platform that continuously and automatically monitors the status, events and operating conditions of all plant assets and field-connected devices.
Other PKS Advantage Program participants include Dresser-Masoneilan, Endress+Hauser, Flowserve Corporation and Krohne. The program uses open communication protocols such as Foundation Fieldbus, HART, Profibus and OPC.
Honeywell International is a $25 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.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.
PKS Advantage™, Experion™ and Asset Manager™ are trademarks of Honeywell International, Inc.
*All other product and brand names are trademarks of their respective owners.
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