HONEYWELL INVESTS IN CYBER SECURITY INNOVATION CENTER IN ASIA PACIFIC

·         New center of
excellence to open in Singapore by end of 2017

·         First facility of its
kind in Asia Pacific region

SINGAPORE, June 07, 2017 – Honeywell (NYSE: HON) Process
Solutions (HPS), with the support of the Singapore Economic Development Board
(EDB), will  establish a new industrial cyber security center of
excellence (COE) for Asia Pacific in Singapore.The COE will feature a
state-of-the-art cyber security research and development lab, an advanced
training facility and a security operations center that provides managed
security services.

“Honeywell’s major investments in new industrial cyber security
technologies, services, and advanced research – including this new center of
excellence in Singapore – will further strengthen our ability to secure and
protect industrial assets, operations and people,” said Jeff Zindel, vice
president and general manager, Honeywell Industrial Cyber Security. “The COE
will provide a world-class innovation platform for smart industry, critical
infrastructure protection and securing the Industrial Internet of Things (IIoT)
in the Asia Pacific region.”

The new facility in Singapore, which is the first for Asia
Pacific, is a further expansion of Honeywell’s global network of innovation
centers. The lab will be used for proprietary research and development of new
cyber security technologies and products, hands-on training and certifications,
and testing and validation of industrial cyber security solutions. It will
enable rapid development and introduction of innovative cyber security
solutions to the regional and global markets.

The facility will also deliver managed industrial cyber security
services to help users reduce the risk of security breaches and proactively
improve their security posture. Managed services include continuous security
and performance monitoring and alerting, security asset management, and
incident response with 24 hour expert support 365 days a year.

The Industrial Cyber Security Lab in Atlanta,
US, is the first cyber security innovation center by Honeywell, leading the way
in threat research and technology innovation.

“As part of Singapore’s push toward Advanced Manufacturing and a
digital economy, EDB has been actively partnering with the industrial and
infrastructural sectors to embrace the potential of digitalization,” said Ms.
Fong Pin Fen, director for Cities, Infrastructure & Industrial Solutions at
EDB. “A key component of success in our efforts is cyber security. Critical
systems will have to be protected and on this note, we are pleased to support
Honeywell in the opening of its new Industrial Cyber Security COE, which will
help the industry remain secure as it embarks on its digital transformation.”

The COE will be located at Honeywell’s office in Singapore’s
Changi Business Park and is expected to open by the end of 2017. In addition,
Honeywell is opening a similar facility in Dubai this year. Honeywell’s first
cyber security lab is based in Atlanta.

Honeywell is the leading provider of industrial
cyber security solutions that protect the availability, safety and reliability
of industrial facilities and help securely deploy IIoT technologies.
Honeywell’s robust portfolio includes cyber security technology solutions such
as Honeywell Cyber Security Risk
Manager, the
first solution to proactively monitor, measure and manage industrial cyber
security risks; Secure Media Exchange (SMX), which
protects facilities against current and emerging USB-borne threats without the
need for complex procedures or restrictions that impact operations or
industrial personnel; managed
industrial cyber security services; and professional cyber security field
services. Honeywell’s portfolio leverages the company’s industry-leading
expertise and experience in process control.

Businesses all over the world partner with
Honeywell to address cyber security holistically and improve their cyber
security posture with advanced technology, backed by continuous innovation and
investment.For more information about Honeywell’s industrial cyber security solutions, visit www.becybersecure.com.
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. It is also a leader in
providing software solutions and instrumentation that help manufacturers find
value and competitive advantage in digital transformation through the
Industrial Internet of Things (IIoT). Process Solutions is part of Honeywell’s
Performance Materials and Technologies strategic business group, which also
includes Honeywell UOP (www.uop.com), 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
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 visitwww.honeywell.com/newsroom.