Financial Release

FORT MILL, S.C., March 1, 2016 /PRNewswire/ -- Honeywell (NYSE: HON) has completed its acquisition of privately held Movilizer, which created one of the world's first cloud platforms for field service applications. Movilizer is used by remote workers performing service or maintenance, sales and distribution, and warehousing activities away from the office. Terms of the deal were not disclosed.

Movilizer's cloud software enables a distributed workforce to create, deploy and manage workflow solutions – whether at the point of sale, in the field, in a warehouse or distribution center. Customers can seamlessly collect, transmit and analyze data generated by their workers on their existing information technology (IT) systems, enabling them to harness the power of their workforce from anywhere to best serve the needs of their end customers.

"Acquiring Movilizer's cloud software platform advances our vision of the connected worker, driving growth, value through data, and new business models for our customers," said Alex Ismail, president and CEO, Honeywell Automation and Control Solutions. "Movilizer will drive greater productivity and flexibility for our customers and also helps us rapidly expand our software capabilities as a provider for the Industrial Internet of Things (IIoT) to enable greater safety, security and productivity for buildings, industrials and workers."

"Businesses that operate with a distributed workforce want software solutions that can be rapidly developed, are massively scalable and that make their mobile teams more connected and more valuable to the enterprise," said John Waldron, president, Honeywell Sensing and Productivity Solutions. "Movilizer's Gartner-acclaimed, industry-leading cloud platform technology is the perfect complement to Honeywell's Workflow Solutions portfolio of mobile productivity technology, including data collection, voice solutions, rugged mobile computers, bar code scanners and workflow printing solutions."

Movilizer's multi-tenant, cloud and mobile applications are currently used by more than 200 multi-national companies in 30 countries, executing more than 1.5 million mobile business application transactions daily in the utility, manufacturing and engineering, transportation and logistics, and consumer packaged goods industries. The platform allows customers running SAP for example, to more quickly build native mobile applications from scratch inside SAP or to rapidly deploy out-of-the-box mobile applications for service, maintenance, sales, distribution, warehouse or track-and-trace environments in just days.

Movilizer was named a 2015 "Cool Vendor in Mobile App Development" by Gartner, a leading information technology research and advisory company. In addition to Movilizer's solutions for track and trace, direct store delivery and field maintenance environments, its platform has enabled more than 100 partners and customers to create more than 1,000 unique applications for fleet management, field service, direct store delivery, asset rental management, mobile order entry, time and attendance reporting, among others.

Movilizer is headquartered in Mannheim, Germany, and has a team of more than 100 people. Movilizer is now part of Honeywell Sensing and Productivity Solutions, based in Fort Mill, South Carolina, a business unit within Honeywell Automation and Control Solutions.

¹ Gartner Cool Vendors in Mobile App Development, 2015, Richard Marshall, Van L. Baker, Jason Wong, April 13, 2015

Gartner does not endorse any vendor, product or service depicted in its research publications, and does not advise technology users to select only those vendors with the highest ratings or other designation. Gartner research publications consist of the opinions of Gartner's research organization and should not be construed as statements of fact. Gartner disclaims all warranties, expressed or implied, with respect to this research, including any warranties of merchantability or fitness for a particular purpose.

About Honeywell

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; turbochargers; and performance materials. For more news and information on Honeywell, please visit www.honeywellnow.com.

About Honeywell Sensing and Productivity Solutions

Honeywell Sensing and Productivity Solutions (S&PS) is a global leader providing custom-engineered sensors, switches and controls, and productivity solutions built around our high performance data collection hardware including rugged mobile computers, voice-enabled software, bar code scanners, radio frequency identification (RFID) and workflow printing solutions. Our solutions serve customers in aerospace, automotive, field service, healthcare, industrial, manufacturing, medical, retail, supply chain, test and measurement, and transportation and logistics markets. We provide unparalleled precision and durability that improves efficiency, increases operational productivity and enhances customer service capabilities. For more information on Honeywell sensing products, visit http://sensing.honeywell.com and on Honeywell productivity solutions visit http://www.honeywellaidc.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 economic and industry 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. We identify the principal risks and uncertainties that affect our performance in our Form 10-K and other filings with the Securities and Exchange Commission.

To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/honeywell-acquires-movilizer-leader-in-simplifying-operations-for-remote-connected-workers-300228472.html

SOURCE Honeywell