United Technologies Corp. Reaffirms 2013 Outlook

               United Technologies Corp. Reaffirms 2013 Outlook

PR Newswire

HARTFORD, Conn., Jan. 8, 2013

HARTFORD, Conn., Jan. 8, 2013 /PRNewswire/ --United Technologies Corp. (NYSE:
UTX) today reaffirmed its expectations for 2013 earnings per share in the
range of $5.85 to $6.15 on sales of $64 billion to $65 billion, and cash flow
from operations less capital expenditures equal to or in excess of net income
attributable to common shareowners.

Today's announcement that Embraer has selected Pratt & Whitney's PurePower
PW1700G and PW1900G engines as the exclusive power for its new second
generation E-Jet aircraft family is expected to have no impact on UTC's 2013
financial outlook as communicated to investors in December.

United Technologies, based in Hartford, Conn., is a diversified company that
provides high technology products and services to the building and aerospace
industries.

This release contains statements which, to the extent they are not statements
of historical or present fact, constitute "forward-looking statements" under
securities laws. From time to time, oral or written forward-looking statements
may also be included in other materials released to the public. These
forward-looking statements are intended to provide management's current
expectations or plans for our future operating and financial performance,
based upon assumptions currently believed to be valid. Forward-looking
statements can be identified by the use of words such as "believe," "expect,"
"plans," "strategy," "prospects," "estimate," "project," "target,"
"anticipate," "will," "should," "see," "guidance," "confident" and other words
of similar meaning in connection with a discussion of future operating or
financial performance. These include, among others, statements relating to:
future sales, earnings, cash flow, results of operations, uses of cash and
other measures of financial performance; the effect of economic conditions in
the markets in which we operate and in the United States and globally and any
changes therein, including financial market conditions, fluctuation in
commodity prices, interest rates and foreign currency exchange rates; levels
of end market demand in construction and in both the commercial and defense
segments of the aerospace industry; levels of air travel, financial
difficulties (including bankruptcy) of commercial airlines; the impact of
weather conditions, natural disasters and the financial condition of our
customers and suppliers; delays and disruption in delivery of materials and
services from suppliers; new business opportunities; cost reduction efforts
and restructuring costs and savings and other consequences thereof; the scope,
nature or impact of acquisition and divestiture activity, including
integration of acquired businesses into our existing businesses; the
development, production and support of advanced technologies and new products
and services; the anticipated benefits of diversification and balance of
operations across product lines, regions and industries; the impact of the
negotiation of collective bargaining agreements, and labor disputes; the
outcome of legal proceedings and other contingencies; future repurchases of
common stock; future levels of indebtedness and capital and research and
development spending; future availability of credit; pension plan assumptions
and future contributions; and the effect of changes in tax, environmental and
other laws and regulations and political conditions in the United States and
other countries in which we operate. All forward-looking statements involve
risks and uncertainties that may cause actual results to differ materially
from those expressed or implied in the forward-looking statements. For
additional information identifying factors that may cause actual results to
vary materially from those stated in the forward-looking statements, see our
reports on Forms 10-K, 10-Q and 8-K filed with the SEC from time to time,
including, but not limited to, the information included in UTC's Forms 10-k
and 10-Q under the headings "Business," "Risk Factors," "Management's
Discussion and Analysis of Financial Condition and Results of Operations" and
"Legal Proceedings" and in the notes to the financial statements included in
UTC's Forms 10-K and 10-Q.

UTC-IR

Contact: John Moran
(860) 728-7062
www.utc.com

SOURCE United Technologies Corp.

Website: http://www.utc.com
 
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