royer.slater@honeywell.com Ref: UK24/01

Honeywell Asset Locator. 

Optimises assets. Boosts productivity. Protects people and equipment.

BRACKNELL, UK, 21 MAY 2001 – Honeywell Asset Locator is a comprehensive new solution that tracks the location of critical equipment and people within facilities, so providing improved asset utilisation and management, more productive personnel, and enhanced safety and security. As an application of Honeywell Enterprise Buildings Integrator (EBI), the position of tagged assets can be graphically displayed on a PC workstation providing simple at-a-glance monitoring.

"The new system helps to reduce theft and loss of intellectual property and provides valuable knowledge to help users increase efficiency and profitability," said Roger King, Fire and Security Product Manager with Honeywell. "It can show who is where. For physical assets, it reveals were the item is, if it is secure and if it is being used. Facility managers can then answer such questions as, 'Do we need more?' and 'Do we have too many in one location and not enough in another?'"

Honeywell Asset Locator provides bottom-line benefits to users including:

Increased productivity: Honeywell Asset Locator can help reduce the time spent searching for people and equipment. In a hospital, for example, Honeywell Asset Locator helps medical personnel be more productive by enabling them to locate mobile equipment and patients quickly, anywhere in the hospital, so reducing patient waiting time and ensuring swift access to vital healthcare equipment.

Reduced life-cycle cost of mobile equipment: Utilisation of assets can be accurately tracked and recorded, helping to reduce unnecessary capital expenditures. Under- utilised or lost assets and equipment with leases that are about to expire can quickly be identified and located.

Loss of intellectual property and theft reduction: Honeywell Asset Locator can be configured to provide an alarm if an attempt is made to remove an item from a designated area providing an invisible and extremely flexible "security curtain" anywhere within the facility or building.

Improved safety and security: Should an after-hours emergency occur, employees can push an alarm button on their personnel tag and immediately alert security to their exact location. This facility may also eliminate the need for after-hours escorts in garages, labs or classified areas.

Honeywell Asset Locator is a Real-Time Locating System (RTLS) that uses high-performance wireless technologies to provide robust reliable operation. The equipment tags and personnel badges combine both RF (radio frequency) and IR (infra-red) technologies to provide a superior combination of precision, reliability, and battery life.

Readers can request further details from Honeywell Home & Building Control, Honeywell House, Arlington Business Park, Bracknell, Berkshire RG12 1EB. Tel: 01344 656000. Fax: 01344 656240. E-mail: uk.infocentre@honeywell.com Web: www.myserviceandsolutions.co.uk

Honeywell Home & Building Control is a US$5 billion business that provides products and services to create efficient, safe, comfortable environments. The business offers controls for heating, ventilation, humidification and air-conditioning equipment, security and fire alarm systems, home automation systems, energy-efficient lighting controls and building management systems and services.

Honeywell is a US$25-billion diversified technology and manufacturing leader, serving customers worldwide with aerospace products and services; control technologies for buildings, homes and industry; automotive products; power generation systems; specialty chemicals; fibres; plastics; and electronic and advanced materials. The company is a leading provider of software and solutions and Internet e-hubs including MyPlant.com and MyFacilities.com, and it is a founding member of Cordiem, LLC, an aerospace industry business-to-business Internet exchange and applications service provider. Honeywell employs approximately 125,000 people in 95 countries and is traded on the New York Stock Exchange under the symbol HON, as well as on the 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. Additional information on the company is available on the Internet at www.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.

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Honeywell Home & Building Control,
Honeywell House, Arlington Business Park,
Bracknell, Berkshire RG12 1EB
Tel: 01344 656000. Fax: 01344 656240.
Enquiries e-mail: uk.infocentre@honeywell.com
Web: www.myserviceandsolutions.co.uk
www.honeywell.com/uk