Publication Cites Honeywell Innovation, Experion PKS Productas Key Factors in Selection
PHOENIX, July 7, 2004 -Honeywell (NYSE:HON) has been named one of START magazine's Hottest Companies, an award recognizing companies that improve manufacturing processes through unique and reliable technology solutions. This marks the second year in a row that START singled out Honeywell for its next-generation process automation system known as Experion™ Process Knowledge System (PKS).
"Honeywell is a company that we believe is consistently striving to change the landscape of manufacturing," said Peggy Smedley, Editorial Director of START magazine. "The Experion technology deserves special recognition for helping manufacturers to improve overall business performance."
Honeywell Experion PKS unifies people with process, business and asset management to help process manufacturers increase profitability, efficiency and productivity. Experion collects and integrates process and business data across the entire facility, making information and knowledge readily available and enabling people to make the right decisions. From the time Experion was introduced to the marketplace, Honeywell has received orders for more than 1,000 systems.
"This honor from START magazine confirms that Honeywell is fulfilling key imperatives-providing customers with immediate results that positively impact their bottom lines and improving their peace of mind," said Jack Bolick, President of Honeywell Process Solutions. "Honeywell will continue to search for new and unique ways of delivering value to the manufacturing sector."
The START Hottest Companies Award recognizes software and hardware vendors that have developed innovative applications or products for the manufacturing industry. Nominees were asked to describe their essential product or service, provide their growth record for the last three years, explain how their product or service was unique and pinpoint reasons they were "hotter" than their competitors.
Honeywell International is a $23 billion diversified technology and manufacturing leader, serving customers worldwide with aerospace products and services; control technologies for buildings, homes and industry; automotive products; turbochargers; specialty chemicals; fibers; and electronic and advanced 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.
Experion™ Process Knowledge System is a trademark of Honeywell, Inc.
# # #