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

Matches Employee Donations Dollar-for-Dollar; Makes Aircraft Available for On-Going Deliveries into Haiti

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Jan 21, 2010, 10:00 ET

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.

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