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Honeywell Deploys Vision Strategist to Support Innovation Management

Irvine, California - October 18, 2002 - The Learning Trust, a leading enterprise software firm specializing in innovation management automation solutions, announced that Honeywell (NYSE:HON) has agreed to deploy an enterprise license to Geneva Vision Strategist to support their corporate technology management practice.

"The technology management program at Honeywell is quite mature and we believe it is ideally suited for our database approach to technology roadmapping and innovation management," said Carl Dietz, The Learning Trust CEO. "Honeywell's enhanced license to our solution will provide additional global collaboration and planning benefits to their business units."

Honeywell originally consulted with The Learning Trust when they decided to update their existing technology roadmapping process in 2001. Since then Honeywell has found that utilizing Geneva Vision Strategist provides them with quantifiable cost-savings in head-count and work-flow by streamlining their strategic roadmapping initiative. Honeywell also hosted the first The Learning Trust User Conference in August, 2002, formed to gather user requirements for the next scheduled release of Geneva Vision Strategist 2.0.

For questions and more information about The Learning Trust and its products, please contact Roger House at (949) 250-9900.

About The Learning Trust

The Learning Trust is an enterprise software firm founded in 1999 to solve the challenges organizations face in creating and sharing knowledge. The Learning Trust's suite of software solutions support collaborative e-learning, strategic decision-making, business content distribution, and intellectual property sharing across the enterprise of large corporations. For more information, visit our website at www.strateva.eu.com.

About Honeywell

Honeywell is a US$25-billion diversified technology and manufacturing leader, serving customers worldwide with aerospace products and services; control technologies for buildings, homes and industry; automotive products; power generation systems; specialty chemicals; fibers; plastics; and electronic and advanced materials. Honeywell employs approximately 120,000 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.

All product names are the trademarks, service marks, or registered trademarks of their respective holders.


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