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Honeywell Highlights Process Automation Innovations at first-ever Japan Technology Summit

TOKYO, Sept. 11, 2015 Honeywell (NYSE:HON) Process Solutions (HPS) highlighted innovations in automation technology at its first-ever Japan Technology Summit held Sept. 9 and 10 in Yokohama. The event, which was attended by more than 300 executives from a variety of industries ranging from oil and gas to pulp and paper, focused on technologies for digital transformation and smart operations. Many of the attendees represented major engineering, procurement and construction (EPC) companies in Japan."The process industry is facing the continuous challenges of increasing system complexity, aging assets, and rising capital and operating expenses while trying to maintain reliable, safe and compliant industrial operations," said HPS President Vimal Kapur, who led the event. "As a pioneer in process automation, Honeywell has continued to develop new technologies that help manufacturers meet these demands." The summit showcased many of the company's newest technologies for the process automation industries, including Experion® Orion Console, DynAMo® Alarm and Operations Suite, SmartLine® range of transmitters and UniSim® Competency Suite, amongst others. The summit also addressed the challenges and opportunities created by the tremendous amount of information generated by today's advanced technologies. "Reliable data is the lifeblood of a plant and the more information we have the better decisions we can make," said Kapur. "But if it isn't managed properly, that data can have a negative effect on production as operators try to understand and prioritize that data. Honeywell's powerful technologies include data analytics, predictive modeling and alarm management that can help plants improve performance and business results." Speakers at the summit also addressed how the concept of digital transformation and the Industrial Internet of Things (IIoT) can help manufacturers improve business productivity and efficiency through increased mobility, communication across systems and enabling analytics that provide actionable intelligence to help customers operate at peak performance. "Honeywell is proud of its history serving customers in Japan for more than 60 years, which would not have been possible without their strong support," added Kenneth Deville, general manager, HPS Japan. "We are confident that Honeywell's technologies for the process industries will not only benefit our customers in the dynamic economic environment but also set benchmark for industry in the region." The attendees received a first-hand look of at some of Honeywell's newest technologies including:
  • Experion Orion Console a human machine interface (HMI) built on Honeywell's flagship Experion PKS control platform, it features an improved ergonomic design and better displays to simplify control system management, reduce operator fatigue and improve situational awareness.
  • Experion Collaboration Station - enables faster responses to both routine and emergency situations in a plant by displaying a common view of how distributed assets at multiple locations are functioning. It enables better communication and collaboration between centralized operations, field operations and operational specialists based in separate locations.
  • ZipLine™ Scanning Measurement Device - a self-contained on-line measurement device for flat sheets and films available as a drop-in replacement for existing O-frame scanners. Achieves lower costs with 90% fewer parts, and is capable of scanning at high speeds of up to 400 mm/second.
Honeywell Process Solutions ( www.honeywellprocess.com) is a pioneer in automation control, instrumentation and services for the oil and gas; refining; pulp and paper; industrial power generation; chemicals and petrochemicals; biofuels; life sciences; and metals, minerals and mining industries. Process Solutions is part of Honeywell's Performance Materials and Technologies strategic business group, which also includes UOP, a leading international supplier and licensor of process technology, catalysts, adsorbents, equipment, and consulting services to the petroleum refining, petrochemical, and gas processing industries.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. 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. 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. # # #