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Press Release
HONEYWELL SOFTWARE USED BY HUNGARIAN UNIVERSITIES PREPARING STUDENTS FOR CAREERS IN PROCESS INDUSTRIES

Students Sharpen Skills Using Process Simulation and Management Tools Before Entering Job Market

BUDAPEST, Dec. 10, 2008 – Honeywell (NYSE:HON) today announced that two leading Hungarian Universities – the University of Pannonia and Budapest University of Technology and Economics – have selected Honeywell software to help students strengthen their technical expertise in the areas of process simulation and management and better prepare them for their careers ahead. 

The University of Pannonia, located in Veszprém, has deployed Honeywell’s BLEND and SAND® tools for courses taught at its Faculty of Information Technology, which specializes in supply chain management research and education. BLEND is a software application for optimal blending of petroleum products and SAND tools help to plan and manage inventory control and distribution. In addition, students are using Honeywell’s UniSim® Design Suite software to simulate the performance of a plant as well as Profit Suite, a comprehensive collection of advanced process control and optimization products and services that address increasing business complexity and profitability pressures. Also, a Honeywell expert gave a guest lecture on Advanced Planning & Scheduling to share real-world insight on the topic for students.

  “The Honeywell software serves two purposes for our students,” said Botond Bertók, associate professor, Department of Computer Science, Faculty of Information Technology, University of Pannonia. “The first is that it helps extend their knowledge in process simulation and management by allowing them to solve practical problems via computer. The second is that it allows them to become familiar with software of a certain complexity that they will use in their professional career.”

Budapest University of Technology and Economics has deployed UniSim Design Suite and is planning to implement Profit Suite. The university is using the Honeywell software for dynamic simulation and chemical process control studies.

 “We selected Honeywell for its industry leadership and reputation, and because it is pervasive across process industries,” said Dr. Peter Mizsey, professor, Budapest University of Technology and Economics, Department of Chemical and Environmental Process Engineering. “UniSim has been a valuable addition to our curriculum. It performs dynamic simulation in a simple, user-friendly way we’ve never experienced before. Our PhD students have been very impressed with UniSim and we plan to roll it out to our undergraduate courses soon.”

 “In Central and Eastern Europe and elsewhere, the process industries are facing an acute shortage of skilled workers,” said Norm Gilsdorf, vice president and general manager, Honeywell Process Solutions Europe, Middle East and Africa. “Technical education programmes such as these are invaluable in inspiring students to consider process careers and, once they’ve made that decision, to prepare them for the realities and challenges of the industry.”

For more information about Honeywell solutions that improve business performance, visit www.honeywell.com/ps.

Honeywell International is a $38 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 and Chicago Stock Exchanges. 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 certain statements that may be deemed “forward-looking statements” within the meaning of Section 21E of the Securities Exchange Act of 1934. All statements, other than statements of historical fact, that address activities, events or developments that we or our management intends, expects, projects, believes or anticipates will or may occur in the future are forward-looking statements. Such statements are based upon certain assumptions and assessments made by our management in light of their experience and their perception of historical trends, current conditions, expected future developments and other factors they believe to be appropriate. The forward-looking statements included in this release are also subject to a number of material risks and uncertainties, including but not limited to economic, competitive, governmental, and technological factors affecting our operations, markets, products, services and prices. Such forward-looking statements are not guarantees of future performance, and actual results, developments and business decisions may differ from those envisaged by such forward-looking statements.

SAND® and UniSim® are registered trademarks of Honeywell International Inc. Profit Suite™ is a trademark of Honeywell International Inc.
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