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August 22, 2006

Honeywell [NYSE: HON] and TTTech AG. today announced they will partner in the manufacture of aircraft engine electronic control systems, based on an innovative state-of-the-art communications protocol designed specifically for safety and mission critical systems. TTTech’s Time Triggered Protocol (TTP) will be the base communications architecture for a number of Honeywell modular aerospace control products, including military and commercial APU and Main Engine electronic fuel control units.

The partnership enables Honeywell to enhance its worldwide technology leadership in the aerospace industry. Airlines will benefit from lower total product life-cycle costs, especially operating and maintenance costs. TTTech’s core competency with distributed embedded computer systems will be matched with Honeywell’s safety critical aerospace expertise to provide leading edge avionics systems. The TTP communication architecture supports various safety critical systems like fly-by-wire in the aerospace industry and integrated vehicle control systems in the automotive industry. The cost efficient TTP has been developed for upcoming brake and steer-by-wire systems in the automotive domain.

"TTTech’s cost efficient and highly researched Time Triggered Architecture has been identified as the winning solution," said Jim Zerban, Product Line Manager of Electronic Controls and Sensors at Honeywell in Tucson, Arizona. "The modular and scaleable TTP-based MAC platform is targeted for many safety critical applications. TTP provides a major competitive advantage for Honeywell in the aerospace industry."

TTP is state of the art communication architecture for hard real-time embedded systems. This innovative technology allows the design, implementation, and maintenance of fault-tolerant systems with faster turn-around times at lower system costs. Main application areas are the automotive, aerospace, industrial control and railway industry. First series applications of TTP will start in 2001.

"TTTech is very excited about the partnership with the originator of the Safebus in the Boeing 777 and the world’s leading supplier of flight critical systems," said Stefan Poledna, CEO of TTTech. "This partnership and joint FAA certification of TTTech’s products will ensure that TTP systems comply with the highest safety standards."

About Honeywell

Honeywell is a US$24-billion diversified technology and manufacturing leader, serving customers worldwide with aerospace products and services; control technologies for buildings, homes and industry; automotive products; power generation systems; specialty chemicals; fibers; plastics; and electronic and advanced materials. The company is a leading provider of software and solutions, and Internet e-hubs including MyPlant.com, MyFacilities.com and MyAircraft.com (joint venture with United Technologies and i2 Technologies). Honeywell employs approximately 120,000 people in 95 countries and is traded on the New York Stock Exchange under the symbol HON, as well as on the London, Chicago and Pacific stock exchanges. It is one of the 30 stocks that make up the Dow Jones Industrial Average and is also a component of the Standard & Poor’s 500 Index.

Additional information on the company is available on the Internet at www.honeywell.com.

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