Honeywell Refreshes Key Asset Management Offerings, Announces Collaboration to Boost Plants' Predictive Maintenance Programs

Newest Versions of Asset Manager and Field Advisor Simplify Reliability and Maintenance Programs

Houston, (PresseBox) - Improving maintenance and reliability of plant operations is an important goal for plant operators. Honeywell (NYSE:HON) today released improved versions of its two key asset management offerings and announced an initiative to help plant operators to more effectively implement reliability-centered and predictive maintenance programs. Honeywell has refreshed its Asset Manager and Field Advisor technologies - two key solutions designed to help proactively manage the health and performance of assets - and also announced it is collaborating with global consulting, training and services firm GPAllied, in an initiative that will help plants more effectively implement reliability-centered and predictive maintenance programs.

"Industrial manufacturers pour money and resources into asset management solutions, but a critical barrier to success is having the right strategy and information to make the right decisions," said Ron Stallworth, asset management business leader, Honeywell Process Solutions. "These newest software releases and working with GPAllied allow Honeywell to offer wall-to-wall consulting and technology for a wholly integrated solution that makes asset management part of our customers' organizational cultures for sustainable results."

Asset Manager is Honeywell Process Solutions' (HPS) real-time condition-based monitoring (CBM) technology. The newest version, Asset Manager R410, seamlessly integrates with IBM's Maximo and SAP enterprise asset management and computerized maintenance management systems. This integration allows maintenance and reliability planners to review the status and priority of equipment health and the severity of any failures, assign resources as well as raise and track work orders directly from Asset Manager.

Additionally, Honeywell's newest version of its Field Advisor tool, which helps mobile workers prioritize and execute field tasks, has been refreshed to provide efficient automation for rounds and inspections. This refresh includes a modernized display with more user-friendly workflows and reporting functions based on Honeywell's new Intuition framework, which allows mobile operators to better visualize data and collaborate across maintenance and reliability teams. Field Advisor also now integrates with Honeywell's Blending and Movement Automation software to allow operators to track the status of blending tasks.

Honeywell's collaboration with GPAllied allows the company to expand its range of services to include maintenance and reliability management, craft skills and operator care training, and change management consulting. This approach helps maximize the effectiveness of reliability-centered and predictive maintenance programs. GPAllied's research and benchmarking will also feed into Asset Manager's new library of standard fault models to help operators create proper workflows for plant personnel.

Demonstrations of the new technology and services will be featured at Honeywell Users Group symposium June 10-15, 2012.

For further information about Honeywell industrial automation solutions, visit www.honeywellprocess.com

Honeywell International (www.honeywell.com) is a Fortune 100 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 more news and information on Honeywell, please visit www.honeywellnow.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.honeywellprocess.com.

This release contains "forward-looking statements" within the meaning of Section 21E of the Securities Exchange Act of 1934. All statements, other than statements of fact, that address activities, events or developments that we or our management intend, expect, project, believe or anticipate will or may occur in the future are forward-looking statements. Forward-looking statements are based on management's assumptions and assessments in light of past experience and trends, current conditions, expected future developments and other relevant factors. They are not guarantees of future performance, and actual results, developments and business decisions may differ from those envisaged by our forward-looking statements. Our forward-looking statements are also subject to risks and uncertainties, which can affect our performance in both the near- and long-term. We identify the principal risks and uncertainties that affect our performance in our Form 10-K and other filings with the Securities and Exchange Commission.

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