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YEAR 2000


 

IN THE NEWS
 
Editorial contact: Royer Slater
Honeywell Control Systems Ltd
Direct to desk: 01344 656379
Ref: UK68/00

Five-year service contract with Honeywell reduces plant running costs for the University of Warwick

BRACKNELL, UK, 1 AUGUST 2000 – The University of Warwick in Coventry is reducing its plant running costs under a five-year performance-related service contract with Honeywell. The contract together with associated capital costs is worth £100,000 a year to Honeywell, but has an added value for the University. The contract covers the university’s investment in Honeywell building management systems, which include security and fire systems, across its 292 hectares (720 acres) site.

The University appreciates Honeywell’s Optimum Maintenance Strategy (OMS™), which focuses on reducing costs. Honeywell works proactively to optimise systems and so generate energy savings for the University. Maintenance is prioritised according to a plant criticality template, related to the significance of the activities within each building.

The University was impressed by Honeywell’s strategy because it focuses on need, rather than taking the standard "task-based" approach that is common for this type of contract.

"Honeywell provides valuable advice on energy conservation," revealed Rodney Perry, the University’s Chief Engineer. "We meet regularly with Honeywell and discuss where investment would result in further savings for the university.

"We also benefit from regular servicing by Honeywell technicians who fully understand the systems."

In addition to routine preventive maintenance and surveys, Honeywell provides 24-hour, 7-day breakdown coverage.

The University of Warwick is one of Britain's leading universities. It is research-led and is committed to providing undergraduate and postgraduate teaching of the highest quality. Sited on the southern side of Coventry where the city meets the County of Warwickshire, the University is the place of study for 15,900 undergraduate and postgraduate students and employs more than 3,500 staff across a range of University departments.

Honeywell is a US$24-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, MyFacilities.com and MyAircraft.com (joint venture with United Technologies and i2 Technologies). Honeywell employs approximately 120,000 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.

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Honeywell Control Systems Ltd
Honeywell House, Arlington Business Park
Bracknell, Berkshire RG12 1EB
01344 656000. Fax: 01344 656240.
Enquiries e-mail: uk.infocentre@honeywell.com
Web: www.honeywell.com/uk

Editorial contact: Royer Slater
Honeywell Control Systems Ltd
Direct to desk: 01344 656379
royer.slater@honeywell.com




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