3 Questions for Honeywell

FOR IMMEDIATE RELEASE November 11, 2010 Contact: Kimmie Lipscomb, press@uani.com Phone: (212) 554-3296 3 Questions for Honeywell New York, NY - United Against Nuclear Iran (UANI) on Wednesday wrote to Honeywell and asked three specific questions regarding its business in Iran. Honeywell conducts extensive business in Iran's security technology and petroleum sectors, two sectors that are a focus of CISADA, the recent sanctions legislation that was signed into law in July. In correspondence with UANI in August, Honeywell asserted that it "fully intends to comply with the certification requirement when it has been finalized and put into effect." On September 29, 2010, the Federal Acquisition Regulations implementing the certification requirement of CISADA were published on schedule in the Federal Register. In a letter to Honeywell CEO David Cote, UANI President Ambassador Mark Wallace called on Honeywell to clarify its business in Iran: Please let us hear from you by November 19, 2010 and please provide us with: 1. A full and transparent description of all of your business interests in Iran; 2. A full and transparent description of Honeywell's intentions regarding that business including any plans to end immediately its business relationships in Iran; 3. A definitive and clear commitment from Honeywell that you will conduct no future business in Iran as long as Iran pursues an illegal nuclear weapon and is subject to domestic and international sanctions **** In Honeywell's August 2nd reply, you noted that, "Honeywell fully intends to comply with the certification requirement when it has been finalized and put into effect." As you may be aware, the Federal Acquisition Regulations implementing the certification requirement were indeed published on schedule in the Federal Register on September 29, 2010. **** In light of Honeywell's and Honeywell's subsidiaries involvement in Iran's security technology and petroleum sectors, two sectors that are a focus of CISADA, UANI inquires about what, if any, formal decisions have been made regarding your business operations and investments in Iran. Specifically, what steps Honeywell is taking with regard to existing investments and current business activity, as well as future activities in Iran. **** Providing a definitive clarification on Honeywell UOP's involvement and plans in the Arak refinery upgrade, as well as other ongoing business activities in Iran, would go a long way to restoring Honeywell's image as a responsible corporation. It should not be lost upon any American that Honeywell has received close to $13 billion in contracts from the U.S. government since 2005, while at the same time Honeywell conducts business in Iran that undermines U.S. security interests. Simply put, regardless of when contracts were signed, companies that are working in Tehran in key strategic sectors should not also be winning billions of dollars in contracts from the U.S. government paid for by American citizens. UANI has been at the forefront of the campaign to pressure companies to end their business in Iran. UANI maintains on its website the Iran Business Registry (IBR), a list of companies that have been reported to do business in Iran. On January 12, 2010, UANI launched the "Iran Disclosure Project," an initiative to identify publicly-traded companies that have business dealings in Iran and ensure that such companies adequately inform investors of the legal and financial peril associated with such dealings. Through the Iran Disclosure Project, UANI has called on such companies as Royal Dutch Shell, Caterpillar, Ingersoll Rand, KPMG, and Honeywell to disclose the full extent of their business in Iran. Click here to read the full text of the letter. Click here to call on Honeywell to end its business in Iran. # # # United Against Nuclear Iran (UANI) is a program of the American Coalition Against Nuclear Iran, Inc., a tax-exempt organization under Section 501(c)(3) of the Internal Revenue Code. The prospect of a nuclear-armed Iran should concern every American and be unacceptable to the community of nations. Since 1979 the Iranian regime, most recently under President Mahmoud Ahmadinejad's leadership, has demonstrated increasingly threatening behavior and rhetoric toward the US and the West. Iran continues to defy the International Atomic Energy Agency (IAEA) and the United Nations in their attempts to monitor its nuclear activities. A number of Arab states have warned that Iran's development of nuclear weapons poses a threat to Middle East stability and could provoke a regional nuclear arms race. In short, the prospect of a nuclear armed Iran is a danger to world peace. United Against Nuclear Iran (UANI) is a non-partisan, broad-based coalition that is united in a commitment to prevent Iran from fulfilling its ambition to become a regional super-power possessing nuclear weapons. UANI is an issue-based coalition in which each coalition member will have its own interests as well as the collective goal of advancing an Iran free of nuclear weapons. The Objectives of United Against a Nuclear Iran Inform the public about the nature of the Iranian regime, including its desire and intent to possess nuclear weapons, as well as Iran's role as a state sponsor of global terrorism, and a major violator of human rights at home and abroad; Heighten awareness nationally and internationally about the danger that a nuclear armed Iran poses to the region and the world; Mobilize public support, utilize media outreach, and persuade our elected leaders to voice a robust and united American opposition to a nuclear Iran; Lay the groundwork for effective US policies in coordination with European and other allies; Persuade the regime in Tehran to desist from its quest for nuclear weapons, while striving not to punish the Iranian people, and; Promote efforts that focus on vigorous national and international, social, economic, political and diplomatic measures. UANI is led by an advisory board of outstanding national figures representing all sectors of our country.

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