Events Calendar
02/10/2014

Distribution Relationship ends with TiAL Sport

GARRETT PERFORMANCE PRODUCTS AND TiAL SPORT INC. USA AGREE TO END DISTRIBUTION RELATIONSHIP
TORRANCE, Calif. –Feb. 3, 2013 – Garrett® by Honeywell (NYSE: HON) Performance Products, a leading provider of aftermarket performance turbochargers, announced it will no longer distribute its products through TiAL® Sport Inc. USA to aftermarket customers.
The decision was mutually agreed upon by both companies and ends a nine-year relationship between Honeywell and the Michigan based distributor of performance turbo system parts. The agreement preserves Garrett’s market promise to provide genuine OE quality turbochargers which has made Honeywell an industry leader in automotive turbocharging for more than 60 years, while allowing TiAL to pursue its own goals for designing and manufacturing its own turbo products including blow-off valves and wastegates.

Garrett is committed to providing aftermarket turbos customers can trust to be designed, manufactured and tested to its exacting standards. All customers seeking Garrett Performance products should consult with one of its authorized performance distributors. A complete list is available at http://www.turbobygarrett.com/turbobygarrett/distributor .

More information regarding Garrett’s performance products, its global distributors, and the motorsports it supports can be found at www.turbobygarrett.com or at www.facebook.com/TurboLife.

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. Based in Morris Township, N.J., Honeywell’s shares are traded on the New York, London, and Chicago Stock Exchanges. For more news and information on Honeywell, please visit www.honeywellnow.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.

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