Honeywell
NYSE : HON

Honeywell

May 20, 2009 09:05 ET

Honeywell to Help Secure Vancouver 2010 Olympic and Paralympic Winter Games

Perimeter Intrusion Detection System and 24/7 Support Will Help Canadian Police Keep Venues Safe

MINNEAPOLIS, MINNESOTA--(Marketwire - May 20, 2009) - Honeywell (NYSE:HON) today announced that the Royal Canadian Mounted Police (RCMP) has selected the company to provide a perimeter intrusion detection system for 18 of the major venues that will be used during the Vancouver 2010 Olympic and Paralympic Winter Games. Under the $30.5-million (CAD) contract, Honeywell is responsible for the installation, support and eventual removal of the system, which will help secure approximately 27 kilometers of event perimeter.

The system will consist of assessment and detection equipment mounted around the Olympic and Paralympic venues. When a potential disturbance is identified, alarms will activate allowing security personnel to respond quickly. Honeywell will also provide round-the-clock service support to ensure the system is fully operational at all times throughout the games.

"This contract ensures that we will have the appropriate infrastructure in place around the venues that we are mandated to secure for the 2010 Olympic and Paralympic Games," said Assistant Commissioner Bud Mercer, Chief Operating Officer of the Vancouver 2010 Integrated Security Unit. "Perimeter intrusion detection is an important part of a multi-layered security strategy and this announcement confirms that we are on track and continue to move forward."

Honeywell will start staging and testing the system immediately, and install the equipment as the various venues come online. The system will encompass a wide range of locations, including diverse landscapes from mountain terrain to urban settings. To meet the tight timelines and geographic challenges, Honeywell will work with local contractors - employing more than 200 people at peak - and draw on its experience with previous large-scale security installations, as well as security and facility projects for the Beijing 2008 and Sydney 2000 Olympics.

Following the closing ceremony of the Paralympic Games, Honeywell will disassemble and remove the system. The company will take steps to specify equipment and materials that can be reused for other projects, strategically aligning with Vancouver's sustainability commitment for the 2010 games.

"There's no delaying the games. So this project not only requires advanced technology and engineering, but the management expertise and resources to deliver the system on time," said Paul Orzeske, President of Honeywell Building Solutions. "That's a combination we excel at. It's part of our commitment to building a world that's safer and more secure. And we're excited to help create a winning environment for participants and spectators."

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 Building Solutions is part of the Honeywell Automation and Control Solutions business 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 Building Solutions, access www.honeywell.com/buildingsolutions.

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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