BRACKNELL, United Kingdom, June 7, 2012 - Honeywell (NYSE: HON) today announced that SKF, a global leader in vibration-based machinery protection and monitoring systems, has expanded its partnership with Honeywell as part of the Honeywell PKS Advantage™ Program. Additional SKF solutions now available as part of the relationship include SKF @ptitude Analyst condition monitoring suite and SKF Multilog On-line System DMx to support the Honeywell Asset Management solution.
The PKS Advantage Program is a Honeywell sponsored collaborative program that engages other best-in-class suppliers of automation solutions and allows them to integrate their products with Honeywell's Experion® Process Knowledge System (PKS) giving end users greater flexibility in choosing complete solutions for their businesses. Program participants closely collaborate to integrate and apply data and information throughout Experion® PKS. The results include improved asset availability and effectiveness, optimized process throughput and work processes, and lower costs of ownership, operations and maintenance.
“Honeywell is uniquely positioned to deliver integrated real-time condition based monitoring. The addition of these SKF technologies into Honeywell’s asset management solutions will greatly assist plant personnel in identifying problems with rotating and reciprocating machinery quickly, which reduces downtime and costs,” said Ron Stallworth, global business manager, Honeywell Process Solutions. “Honeywell’s advanced solutions portfolio is now one of the most comprehensive in the industry for delivering improvements in uptime, performance, and efficiency while preserving process safety.”
Gary M. Foster, SKF, commented, “We joined the PKS Advantage Program to provide high-value integrated machinery protection and vibration monitoring solutions to users of Honeywell’s Experion PKS. Our improved real-time monitoring approach reduces the time required to resolve equipment problems, minimizes unplanned downtime, and lowers maintenance costs while preserving process safety. These improvements in equipment reliability lead to greater productivity and reduced energy consumption - all of which contribute to improving overall equipment and process effectiveness.”
The Honeywell PKS Advantage Program provides openness and integration of member products within the Experion PKS automation infrastructure, and the alliance with SKF is beneficial for customers of both companies. Many users view SKF’s online machinery protection and monitoring systems as best in class, and both companies have considerable experience when it comes to monitoring the health and performance of important plant assets.
The PKS Advantage Program currently includes Cape Software, Inc, Flowserve Corporation, Flow Control Division, Metso Automation, Pepperl+Fuchs, Purelink Technology Inc, Redline Communications, Turck Inc. and others.
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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