Honeywell Delivers Long-Term Comfort and Security to 18 New LEED Schools in Alberta



    
    First Public-Private Partnership for Schools Will Help the Province Lower
    Construction and Operating Costs

    
    MINNEAPOLIS, Sept. 23 /CNW/ -- Honeywell (NYSE:   HON) today announced a
$140-million (CAD) contract with the province of Alberta, Canada, to deliver a
Total Asset Management program for 18 new K-9 schools across the province. 
Under the program, Honeywell is responsible for the performance and
maintenance of all the facilities over the next 30 years. The company will
also provide design support and installation of climate control, fire and
security systems in the schools, which will be built to meet Leadership in
Energy and Environmental Design(R) (LEED) Silver certification requirements.
    
    (Logo: http://www.newscom.com/cgi-bin/prnh/20071030/AQTU029LOGO)
    
    The work will be performed as part of the first Public-Private
Partnership (P3) for the construction and upkeep of schools in Alberta.  The
Honeywell program and overarching partnership will give both the Calgary and
Edmonton districts nine comfortable and safe facilities -- all at a cost below
what it would take the province to build and maintain the schools.  The end
result is an ideal and affordable environment for students and staff.
    "Through the P3 agreement, we leverage the expertise of partners like
Honeywell to design schools with enhanced energy efficiency and greater
safety, as well as ensure well-maintained facilities for decades to come,"
said John Gibson, project director for the Government of Alberta.  "As a
result, we're able to focus on our core mission of providing the best
education possible."
    Honeywell is part of a consortium responsible for the P3 agreement that
includes financier Babcock & Brown, and builders Bird Construction Company and
Graham Group Ltd.  Up front, Honeywell will help design and install the
heating, ventilation and air-conditioning (HVAC), fire and security systems in
each school.  The company will tie these systems together with its Enterprise
Buildings Integrator(TM) (EBI) platform, which will help achieve the
buildings' LEED Silver certification through sophisticated monitoring of
comfort, air quality and energy consumption.
    Once the new schools are complete, Honeywell will be responsible for
comprehensive facility management for the next three decades.  This includes
service for all mechanical and automation equipment, building envelope
repairs, infrastructure upgrades and replacement, and grounds work.  The
company will also provide ongoing consultation to the Alberta government to
help improve energy management and reduce utility costs.
    Through the partnership, Alberta will lower its typical operating costs
for schools through a monthly fixed-price contract for all facility services.
Honeywell guarantees its work through performance indicators outlined in the
agreement, including standards for temperature, safety and security, and
response times.  In addition, Honeywell has created a lifecycle renewal plan
for each school, which details how it will sustain infrastructure quality over
the term of the agreement.
    "We have one of the longest and most distinguished track records in
facility service, and we've been helping customers in Alberta take care of
their buildings for decades," said Paul Orzeske, president of Honeywell
Building Solutions.  "So we're providing this expertise and taking the
operating risk from the school districts.  The parents and community members
throughout the province can be confident that all 18 facilities maintained by
Honeywell will operate as well after 30 years as they did on day one."
    Construction of the schools is expected to be complete by June 2010.
Honeywell will assume maintenance responsibility for each facility at the
start of the 2010 school year.
    Honeywell International is a $38 billion 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 additional information, please visit www.honeywell.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.




For further information:

For further information: Aaron Parker of Honeywell, +1-763-954-4257,
aaron.parker@honeywell.com Web Site:
http://www.honeywell.com/buildingsolutions


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