Honeywell Commits $1 Million In Cash For Haiti Earthquake Relief Efforts

MORRIS TOWNSHIP, N.J., Jan. 21 /PRNewswire-FirstCall/ -- Honeywell (NYSE: HON) today announced comprehensive plans to provide both immediate and long-term aid to Haitian earthquake relief efforts.

The company will commit $1 million in cash, including a 100% match of employee donations, to fund rebuilding projects in Haiti.  Honeywell is also making its business jets available and has already provided airlift support to Operation USA to deliver 1,500 lbs. of medical supplies, including urgently-needed, high-value antibiotics, and transported Partners In Health medical staff to Port-au-Prince.

"In the hours immediately following the earthquake, Honeywell Hometown Solutions began work to deliver emergency medical supplies and transport medical staff to Haiti," said Honeywell Chairman and Chief Executive Officer Dave Cote.  "The people of Haiti need the world's help to meet their immediate needs for food, water, and medical care, and to rebuild."

Through Honeywell Hometown Solutions, the company will match employee contributions dollar-for-dollar.  The company and employee contributions will be used to fund projects to begin the long process of rebuilding in Haiti.  Honeywell is working with long-standing partners Operation USA and Rebuilding Together.

"We've reached out to our more than 120,000 employees globally who have been extremely generous in situations like this in the past," continued Cote.  "The company has opened a website to facilitate employee donations and payroll deductions.  Honeywell will also continue to support recovery and relief efforts with airlift support from Honeywell Aviation."

"With the commitment of our employees and partners globally and the company's contributions, Honeywell will play a vital role in bringing critical and timely assistance to the families of Haiti," concluded Cote.

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; 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.

This release contains certain statements that may be deemed "forward-looking statements" within the meaning of Section 21E of the Securities Exchange Act of 1934. All statements, other than statements of historical fact, that address activities, events or developments that we or our management intends, expects, projects, believes or anticipates will or may occur in the future are forward-looking statements. Such statements are based upon certain assumptions and assessments made by our management in light of their experience and their perception of historical trends, current economic and industry conditions, expected future developments and other factors they believe to be appropriate. The forward-looking statements included in this release are also subject to a number of material risks and uncertainties, including but not limited to economic, competitive, governmental, and technological factors affecting our operations, markets, products, services and prices. Such forward-looking statements are not guarantees of future performance, and actual results, developments and business decisions may differ from those envisaged by such forward-looking statements.

SOURCE Honeywell