Distributed Control System includes asset management.

Press Release Summary:

Experion PKS(TM) integrates, controls, and monitors complex processes in refineries; pharmaceutical, power, and chemical plants; and pulp, paper, and printing mills. It contains knowledge-based systems, distributed control, FOUNDATION Fieldbus, Abnormal Situation Management(R), Asset Management, and Information Management technologies. Using open, wireless technology, it makes plant information available to remote personnel on handheld platforms.

Original Press Release:

Honeywell Introduces Experion PKS, Next Generation Process Knowledge System Driven for Results

PHOENIX, Arizona, April 8, 2002 -- Honeywell [NYSE:HON] Industry Solutions today introduced Experion PKS(TM), a revolutionary system approach to comprehensive business, process and asset management that embeds three decades of Honeywell industrial expertise into a unified, robust Process Knowledge System(TM) architecture.

The Experion PKS system is used in industrial plants and mills to integrate, control and monitor complex processes in many types of industrial settings, including refineries, pharmaceuticals, power and chemical plants, and pulp, paper and printing mills.

Experion PKS provides an integrated platform for Honeywell's complete Process Knowledge Solution(TM), which manages process knowledge through a combination of advanced technologies, industrial domain expertise and Six Sigma methodologies to realize untapped results that cannot be achieved through traditional control or field system architectures. Experion PKS contains state-of-the-art Distributed Control, FOUNDATION* Fieldbus, Abnormal Situation Management(R), Asset Management, and Information Management technologies. These technologies are paired with Honeywell's unmatched process experience and results generating tools to improve processes and optimize production to achieve economic targets. Knowledge-driven decision support and diagnostics tools embedded with Experion PKS empower plant and mill staff to focus on improving profitability, rather than routine process operations.

"Process manufacturing companies are at a crossroads today," according to Dick Hill, Vice President of Collaborative Manufacturing Solutions for ARC Advisory Group. "They need to maximize their return on assets while at the same time be more responsive to their customers' demands for high quality and uninterrupted flow of product. With the release of Experion PKS, Honeywell hits the mark by emphasizing the importance of capturing and deploying manufacturer's knowledge and the knowledge of their supplier partners. Execution of such knowledge-based systems and solutions will separate the winners from the losers in the coming decade as the industrial world strives to achieve operational excellence."

Terry Sutter, President of Honeywell Industry Solutions said, "Experion PKS offers a solution for customers to manage knowledge faster and easier to realize measurable profitability and productivity results based upon Process Knowledge Solutions that are driven by decades of applied Honeywell technologies, customer relations and innovative work processes."

Distributed Control features provided by Experion PKS include a complete continuous, logic, sequential, and drive object-oriented control environment hosted on fully redundant controllers. Other key features include native Web technology based operating displays and casual user environment, a comprehensive history suite, easy-to-use tools, and unparalleled device integration including FOUNDATION Fieldbus. Using open, wireless technology, Experion PKS makes virtually any plant information available to remote personnel on handheld platforms. Experion Digital Video Manager turns simple videofeeds into powerful plant sensors. Scalability is virtually limitless, even across geographical boundaries, with Honeywell's patented Distributed System Architecture technology.

Experion PKS goes beyond Distributed Control System (DCS) technology to facilitate knowledge sharing and workflow management that optimizes work processes, improves routine maintenance efficiencies, and resolves process issues. Experion PKS integrates sophisticated asset management tools, such as a powerful control loop assessment tool that provides non-invasive, systematic, identification of controller problems. These types of diagnostic tools, available even with older non-digital field devices, make control engineers highly effective troubleshooters, giving them more time for higher-value activities. Integrated plant - wide history and data analysis, together with a plant-wide infrastructure for managing alerts, is also included.

Incorporating expert knowledge from the Honeywell-led Abnormal Situation Management (ASM) Consortium, the Experion PKS operating environment integrates alarm, event and alert management tools. These tools provide operators with the knowledge needed to avoid incidents or respond intelligently to incidents that diminish asset availability, profitability and productivity. Standard display object libraries implementing ASM principles are included. Applying ASM Consortium guidelines has proven to increase operator awareness, decision-making abilities, and responsiveness, reducing operator-related incidents by as much as 40 percent.

Experion PKS continues the Honeywell practice of providing investment protection for existing Honeywell users, and extends this protection to non-Honeywell system users. Operational integration capabilities offered by Experion PKS enables customers who use Honeywell's TPS, TDC3000(R), TotalPlant(R) Alcont, and PlantScape(R) systems to easily operate their installed base together with Experion PKS expansions in a unified manner. Data, alarms, events and trend history can all be viewed in a common environment between these systems and Experion PKS. Non - Honeywell and DCS installed base customers can be easily integrated to Experion PKS using the most comprehensive and advanced OPC data, alarm and event suite For more information visit www.experionpks.com.

Industry Solutions, a global business in the Honeywell Automation and Control Solutions group (ACS), provides automation and business solutions that help customers achieve improved productivity, compliance, safety, and decision-making. ACS is a US$8 billion global leader in providing product and service solutions to create efficient, safe, and comfortable environments and help business and industry improve productivity and profitability. It comprises four businesses: Industry Solutions; Service; Security and Fire; and Control Products. ACS offers heating, ventilation, humidification and air-conditioning equipment controls, security and fire alarm systems, home automation systems, energy-efficient lighting controls, and building management systems and services. It also provides automation systems, advanced software solutions, and value-added services used in a variety of industries. ACS is also a global supplier of sensors, switches, and control products for industrial applications. For more information about Industry Solutions, access iac.honeywell.com. Honeywell is a US$24-billion diversified technology and manufacturing leader, serving customers worldwide with aerospace products and services; control technologies for buildings, homes and industry; automotive products; specialty chemicals; fibers; plastics; and electronic and advanced materials. Honeywell employs approximately 115,000 people in 95 countries and is traded on the New York Stock Exchange under the symbol HON, as well as on the London, Chicago and Pacific 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. Additional information on the company is available on the Internet at www.honeywell.com.

*FOUNDATION is a trademark of the Fieldbus Foundation.

Honeywell Industry Solutions

16404 N. Black Canyon Highway

Phoenix, AZ 85053


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