Comfort When You're Home, Savings When You're Away: Introducing Honeywell's Lyric™ Thermostat

MINNEAPOLIS, June 10, 2014 /PRNewswire/ -- There's no such thing as a regular routine for today's busy families. No two days are alike and schedules change by the minute. Honeywell (NYSE: HON), the leader in managing home comfort and security for 125 years, is today launching the Lyric™ thermostat to put you back in control. The Lyric thermostat knows when you are coming and going, based on smartphone location, to deliver comfort when you're home and savings when you're away.

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The Lyric thermostat is the first offering in a new family of innovative connected home products from Honeywell, the recognized category leader found in more than 150 million homes globally. The Lyric thermostat is designed for how people really live today:

• Using the location of your smartphone, the geofencing feature automatically turns the Lyric thermostat into energy saving mode when a home is empty, and then senses when you are coming home and heats or cools the house to your preferred temperature.
• The Fine Tune feature factors indoor and outdoor temperature, humidity, and weather into its algorithm, enabling it to provide the most comfortable temperature for homeowners. No other do-it-yourself Wi-Fi thermostat on the market today does that.

"Most people don't have a predictable pattern to how they live their lives; why not have a thermostat that adjusts based on your real-time schedule?" says Beth Wozniak, president of Honeywell Environmental and Combustion Controls. "With the Lyric thermostat's geofencing capability, my house returns to my preferred comfort setting when I'm within a few miles from home. Quite simply, the Lyric thermostat offers me the ability to keep my life in tune – delivering comfort when I'm home and savings when I'm gone."

Beyond a smartphone, the temperature can be managed using Honeywell's familiar round dial control on the thermostat itself. With the Lyric app (available via the App Store on iTunes™ and Google Play™), homeowners can adjust their home's temperature to life as it happens, wherever they are. When a homeowner walks up to the Lyric thermostat, a built-in proximity sensor signals the display to turn on and show current temperature and the home's heating or cooling status. A soft halo of light in orange (heating), blue (cooling), or green (away/energy savings) momentarily illuminates around the thermostat to indicate it is making temperature adjustments. Additionally, touch-sensitive buttons flank the center display – one for accessing current and upcoming weather information, and one for setting back your temperature while you're away. The Lyric thermostat provides easy-to-understand alerts on when to change a filter, if and when your furnace needs servicing, and even help find a trusted service professional.

The gloss white finish and silver accents of the Lyric thermostat, along with its shallow depth and flush wall mount, add a contemporary appearance to any room. Beyond contemporary design and innovative functionality, it delivers the same reliable control and accuracy for which Honeywell is known since it introduced the iconic 'Round^®' in 1953.

The Lyric thermostat is available now via professional heating and cooling contractors, and will be available at retail beginning in August 2014 for $279 (MSRP). To learn more, please visit www.lyric.honeywell.com. Consumers who want installation assistance can search for a local contractor at www.lyric.honeywell.com.

About Honeywell                               
Honeywell (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; turbochargers; and performance 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.

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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SOURCE Honeywell