Honeywell Announces Agreement to Acquire Hand Held Products Inc.

霍尼韋爾宣布收購手持產品有限公司

MINNEAPOLIS, Oct. 17, 2007-- Honeywell (NYSE: HON) today announced it has signed a definitive agreement to acquire Hand Held Products Inc., a privately held Automatic Identification and Data Collection (AIDC) company based in Skaneateles Falls, N.Y., for approximately $390 million. Hand Held Products manufactures a range of data collection and communication products designed for mobile, on-site, and transaction processing in retail, healthcare, utilities, transportation, logistics and industry. The agreement is subject to customary closing conditions, including regulatory review.

明尼亞波利斯10月17日消息——霍尼韋爾今天宣布已經簽署了一份最終協議，以大約3億9千萬美元的價格收購手持產品有限公司，一家位于紐約Skaneateles Falls、專注于自動識別和數據收集領域的私人控股公司。手持產品有限公司生產眾多的數據采集和通信產品，用于零售、醫療保健、電力、運輸、物流和工業等行業的移送、現場以及交易處理領域。該協議正在等待特別成交條件，包括監管部門的審查。

Hand Held will become a part of Honeywell's Security Group within the Automation and Control Solutions (ACS) business. Hand Held had sales of approximately $285 million in 2006.

手持產品有限公司將納入霍尼韋爾自動化和控制解決方案業務下面的安全集團。手持產品有限公司2006年的銷售額大約是2億8千5百萬美元。

Roger Fradin, President and CEO of Honeywell ACS said, "Hand Held's growth potential and strong positions in key vertical markets complement ACS' existing wireless solutions. Hand Held's 'customer first' mentality fits well with our culture. Both cultures value innovation that drives our customers' success."

霍尼韋爾自動化和控制解決方案總裁兼首席執行官Roger Fradin表示：“手持產品公司的發展潛力和在關鍵垂直市場的強大市場地位完善了我們自動化和控制解決方案部現有的無線解決方案。手持產品公司的'顧客至上'理念十分符合我們的企業文化。兩種文化都推崇創新驅動我們客戶的成功。”

Hand Held's core products are bar code scanners and rugged mobile, wireless computers that are used for asset-tracking, logistics execution and supply chain management across diverse end markets. The company is perhaps best known in its space for its line of mobile computing and imaging technology used by the U.S. Postal Service, Dillard's and Veterans Administration hospitals.

手持產品公司的核心產品是條碼掃描儀和應用于多個終端市場的資產跟蹤、物流執行和供應鏈管理的堅固移動無線計算機。該公司在其領域最為人所知的是其移動計算機和圖像技術，它們被美國郵政局和 Dillard's以及Veterans Administration醫院采用。

"Hand Held has demonstrated leadership in image-based technology, which is replacing laser-based legacy products," said Ben Cornett, President of Honeywell Security. "There's tremendous opportunity for us with Hand Held as global demand for information increases along the supply chain in healthcare, industry and logistics; the outlook for the overall industry shows double- digit growth."

霍尼韋爾安全集團總裁 Ben Cornett表示：“手持產品公司在基于圖像的技術上已經證明了其領導地位，而基于圖像的技術正在代替基于激光的老式產品。隨著醫療保健、工業和物流業的供應鏈對全球信息需求的增加，我們和手持產品公司有著巨大的機會。展望整個產業顯示出兩位數的增長。“

"Aligning with Honeywell -- one of the world's leading technology companies -- gives us an unprecedented ability to develop best-in-class solutions and deliver them to our customers," said Kevin Jost, President and CEO for Hand Held Products. "Over the past three decades, we've built a successful business around innovation focused on best serving customer needs -- more recently we've developed a clear and compelling view of the future for our customers and employees, which we believe can now be fully realized through this exciting combination."

手持產品公司總裁兼首席執行官Kevin Jost表示：”與世界上領先的技術公司之一的霍尼韋爾公司聯合，給了我們一個前所未有的開發一流解決方案能力，并將其交付給我們的客戶。在過去的30年里，我們圍繞創新這個重點，致力于為客戶的需求提供最好的服務，已經取得了成功的業務。最近，我們為客戶和員工制定出了一個明確而且有說服力的未來目標，我們相信，通過這個令人興奮的合并，這個目標現在可以充分實現。“

Cornett added: "This acquisition creates an exciting adjacency for Honeywell Security that will enable us to deliver even better technology and solutions to customers. We're enthusiastic about bringing both Hand Held and Honeywell customers a broader selection of products and services."

Cornett補充道：”本次收購為霍尼韋爾安全集團創造了一個令人振奮的鄰接，這將使我們能夠提供更出色的技術和解決方案給客戶。我們很樂意為手持產品公司和霍尼韋爾的客戶帶來更廣泛的產品和服務選擇。“

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.

霍尼韋爾國際是一家年銷售額為340億美元，在多元化技術和制造業方面占世界領導地位的跨國公司。在全球范圍內為顧客提供航空產品及服務、樓宇及住宅控制和工業控制技術、自動化產品、渦輪增壓器以及特種材料等。總部設在美國新澤西州莫里斯鎮，其股票在紐約、倫敦、芝加哥太平洋證券市場進行交易。為道瓊斯工業指數的30家構成公司之一，也是“標準普爾500指數”的組成部分。

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