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Honeywell Parallel Sequential Dual Stage Turbo Technology Wins International 'Grand Prix' Silver Award at Equip Auto

The Dual Stage Turbo Was Declared a Top 'Engineering and Advanced Technology'

PARIS, Oct. 16 -- Honeywell has announced that its parallel sequential dual stage turbo technology has just won the International Grand Prix Silver Award from Equip Auto 2007 in the category of Engineering and Advanced Technology. It was one of two technologies selected for the top awards from a short-list of six innovations in this category.

"We are thrilled to have won this prestigious award," says Alex Ismail, President, Passenger Vehicles at Honeywell Turbo Technologies. "This recognition reflects both Honeywell's leadership in turbo innovation and the teamwork embodied in this cutting-edge technology."

The parallel sequential dual stage turbo made its worldwide debut on the 4-cylinder engines of PSA group's Peugeot 407 and 607, and the Citroen C5 and C6 in September 2006. It represented a new step in two-stage turbo technology, delivering up to 30% more torque over PSA's 2.2 liter baseline diesel engine and improving third gear acceleration in the 30kph - 60kph range by up to 50%.

The development of the new dual-stage turbo system with PSA began in 2003. Rather than opting for a serial sequential turbocharging configuration, where a smaller high-pressure turbo works in advance of a much larger turbo, PSA and Honeywell selected for this engine platform the parallel sequential arrangement, where two small turbos work side by side at high rpm but only one turbo delivers the torque at low rpm.

What makes Honeywell's parallel sequential dual-stage turbo technology so effective is the specially-designed and patented progressive control valve that accelerates the second turbo even when it is idling during the first engine phase. Pressurized air from the first turbo is used to avoid any likelihood of oil leakage. The system also includes a position feedback sensor which is controlled by the Engine Control Unit.

The International "Grand Prix" Awards for Automotive Innovation were created 20 years ago during Equip Auto 1985, with the objective of promoting the technology of vehicle equipment manufacturers to a wider audience in the automotive world. The awards were determined by an international jury made up of 82 journalists from 27 countries.

Honeywell Turbo Technologies is recognized around the world as one of the leading manufacturers of engine boosting systems for passenger cars and commercial vehicles, and has forged global partnerships with automotive manufacturers. Honeywell turbochargers offer the very latest in boosting technologies to improve vehicle performance and driveability while increasing fuel efficiency and reducing emissions.

Honeywell International is a $34 billion 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. 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. For additional information, please visit http://www.honeywell.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 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.