Honeywell Enraf and Magnetrol Partnership to Boost Terminal Safety Offering

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Honeywell Enraf and Magnetrol Partnership to Boost Terminal Safety Offering

Enhanced Product Portfolio Reduces Spillages and Downtime Whilst Maximising Safety

ROTTERDAM, The Netherlands, March 13, 2012 – Honeywell (NYSE:HON) today announced it has signed an agreement with Magnetrol International Incorporated, a supplier of level and flow measurement equipment, to enhance its existing terminal market product portfolio with Magnetrol’s expertise in safety and compliance.

To ensure Honeywell customers are able to operate terminals safely and comply with increasing stringent regulation and environmental standards, the new partnership will see the incorporation of Magnetrol’s spillage prevention and tank overfill protection products into Honeywell Enraf Safety Solutions’ Alarm Scout service group. The Alarm Scout product portfolio is designed to allow users to automatically collect performance data and be alerted of system trouble-spots. The new partnership is a further step into bringing Honeywell customers an all-encompassing safety solution, with the enhanced instruments available for purchase from March 2012.


John Heiser, chief operating officer, Magnetrol commented: “Not only is it of upmost priority to ensure workers are able to operate within a secure and safe environment, it’s also important that equipment is aimed at reducing plant down times and increasing efficiencies. By partnering with Honeywell Enraf, we can combine our understanding of the process market along with Honeywell’s reach into the terminal market to spread this message and improve industrial safety and preparation for future events.”

“Increased awareness of the regulation in protecting workers and the environment has led to a drive in the adoption of process safety solutions in recent years” said Tony Tielen, Vice President and General Manager, Engineered Field Solutions, Honeywell Process Solutions. “We partnered with Magnetrol due to their deep expertise and market knowledge in the process safety industry. Enhancing our products using Magnetrol technology will bring significant benefits to our customers looking to apply their awareness into the real working environment.” 

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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