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Honeywell Earns 11th Nationally Acclaimed Partners of Choice Award From David Weekley Homes

ATLANTA, June 28, 2018 /PRNewswire/ -- Honeywell (NYSE: HON), a leading Connected Home solutions provider, has received the prestigious Partners of Choice Award with an A, A rating, receiving top scores for both quality and service from David Weekley Homes, the largest privately held U.S. homebuilder.

Honeywell Homes Receive Partners of Choice Award for 11th Time from David Weekley Homes. Pictured (left to right) are Bill Justus with David Weekley Homes, Honeywell's AJ Smith and Russ Cranston, and David Weekley.

"The experience of living in a Connected Home is like no other &endash; it's safer, more secure, smarter, and adapts to you," said Mike Nefkens, president and CEO of Honeywell Homes. "Our trusted brand is in 150 million homes, and our relentless commitment to customers is why we believe we continue to be the best choice for connecting the home through the latest technology. We're honored to earn the continued acclaim by David Weekley Homes."

This is the 11th time in the last 14 years that Honeywell has received this award, a testament to the company's focus on maintaining a superior level of service and quality.

"We're proud of our long-standing relationship with premier homebuilder David Weekley Homes and thank them for recognizing our team's hard work," said AJ Smith, vice president and general manager, Honeywell Homes. "The Supplier Evaluation Platform consistently helps us identify ways to improve our support for David Weekley Homes and other homebuilders."

"What better way to determine world-class performance than to put your products and services up against suppliers from around the world in support of the homebuilding industry, and come out on top," Bill Justus, vice president of Supply Chain Services for David Weekley Homes and author of this rigorous supplier evaluation program. "Our friends at Honeywell have done just that, and for the 11th time in 14 years they have proven again to be world-class in delivering quality products and services to our company."

Each year, David Weekley Homes awards its Partners of Choice Award based on rankings of the company's strategic channel alignment in support of David Weekely Homes' business requirements, compared to all other participating companies. The awards are based on David Weekley's comprehensive Supplier Evaluation Platform that features its National Trading Partners Survey, a quarterly review of approximately 200 suppliers. The rigorous assessment is based on the builder's unique supplier ranking system by about 1,000 team members from every market and every level inside their organization. Beyond evaluating trading partners on quality and service, Weekley team members respond to specific questions on the challenges and preferences in managing business-to-business relationships.

Honeywell has announced its intention to spin its Honeywell Homes product portfolio and ADI global distribution business into a standalone, publicly traded company. The Honeywell Homes spin is expected to close by the end of the year. The new company's portfolio of Home products will include its award-winning Connected Home solutions, rich partnerships with other leading smart home devicemakers, and comfort and care, security and safety solutions trusted around the world.

About David Weekley Homes David Weekley Homes, founded in 1976, is headquartered in Houston and operates in 22 cities across the United States. David Weekley Homes was the first builder in the United States to be awarded the Triple Crown of American Home Building, an honor which includes "America's Best Builder," "National Housing Quality Award" and "National Builder of the Year." Weekley has also appeared 12 times on FORTUNE magazine's "100 Best Companies to Work For®" list. Since inception, David Weekley Homes has closed more than 80,000 homes. For more information about David Weekley Homes, visit the company's website at www.davidweekleyhomes.com.

About Honeywell Home and Building Technologies Honeywell Home and Building Technologies (HBT) is a global business with more than 38,000 employees. HBT creates products, software and technologies found in more than 150 million homes and 10 million buildings worldwide. We help homeowners stay connected and in control of their comfort, security and energy use. Commercial building owners and occupants use our technologies to ensure their facilities are safe, energy efficient, sustainable and productive. For more news and information on Honeywell Home and Building Technologies, please visit http://www.honeywell.com/newsroom.

Honeywell (www.honeywell.com) is a Fortune 100 software-industrial company that delivers industry specific solutions that include aerospace and automotive products and services; control technologies for buildings, homes, and industry; and performance materials globally. Our technologies help everything from aircraft, cars, homes and buildings, manufacturing plants, supply chains, and workers become more connected to make our world smarter, safer, and more sustainable. For more news and information on Honeywell, please visit www.honeywell.com/newsroom.

Additional Information: The spin-off is subject to customary conditions and regulatory approvals, including final approval by Honeywell's board of directors. This communication shall not constitute an offer of any securities for sale, nor shall there be any offer, sale or distribution of securities in any jurisdiction in which such offer, sale or distribution would be unlawful prior to appropriate registration or qualification under the securities laws of such jurisdiction.

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, as well as the ability to effect the separations. 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, including with respect to any changes in or abandonment of the proposed separations. 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.

Adrienne Zimoulis
Home and Building Technologies
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