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Intermec Receives Request for Additional Information from FTC Regarding Proposed Merger with Honeywell



  Intermec Receives Request for Additional Information from FTC Regarding
  Proposed Merger with Honeywell

Business Wire

EVERETT, Wash. -- March 12, 2013

On March 11, 2013, Intermec, Inc. (NYSE: IN; “Intermec”) and Honeywell
International Inc. (“Honeywell”) each received a request for additional
information (the “Second Request”) from the U.S. Federal Trade Commission
(“FTC”) in connection with Intermec’s previously announced proposed merger
with Honeywell pursuant to the agreement and plan of merger, dated December 9,
2012, by and among Intermec, Honeywell, and Hawkeye Merger Sub Corp., a wholly
owned subsidiary of Honeywell. The Second Request was issued pursuant to the
Hart-Scott-Rodino Antitrust Improvements Act of 1976, as amended (“HSR Act”).

The effect of the Second Request is to extend the waiting period imposed by
the HSR Act until 30 days after Intermec and Honeywell have substantially
complied with the Second Request, unless that period is extended voluntarily
by the parties or terminated sooner by the FTC.

Intermec intends to respond expeditiously to this request and to continue to
work cooperatively with the FTC in connection with its review. Completion of
the transaction remains subject to Intermec stockholder approval, regulatory
approvals (including the expiration or termination of the waiting period under
the HSR Act), and other customary closing conditions. Intermec continues to
expect that the transaction will close by the end of the second quarter of
2013.

About Intermec

Intermec Inc. (NYSE: IN) is the workflow performance company. We design the
leading data capture and information management solutions at the interface
between mobile workers, assets, and customers. For more information about
Intermec, visit www.intermec.com (which website is not incorporated herein by
reference).

Important Additional Information about the Merger Transaction

Intermec filed with the Securities and Exchange Commission (“SEC”) a
definitive proxy statement in connection with the proposed merger transaction
with Honeywell on February 14, 2013. This press release is not a substitute
for the definitive proxy statement (including any supplements or amendments
thereto) and other documents related to the merger transaction. The definitive
proxy statement and any other documents that may be filed with the SEC related
to the merger transaction or incorporated by reference into the definitive
proxy statement contain important information about Intermec, Honeywell, the
merger transaction and related matters. Investors and security holders are
urged to carefully read the definitive proxy statement and any other documents
that may be filed with the SEC related to the merger transaction or
incorporated by reference into the definitive proxy statement. Investors and
security holders will be able to obtain free copies of those documents filed
with the SEC by Intermec through the website maintained by the SEC at
www.sec.gov or by contacting Intermec at (425) 348-2600. In addition,
investors and security holders are able to obtain free copies of the documents
filed with the SEC at the investor relations tab of Intermec’s website,
www.intermec.com, which website is not incorporated herein by reference.

Intermec and its directors and officers and certain other members of
management and employees may be deemed to be participants in the solicitation
of proxies from its investors and security holders in connection with the
merger transaction. Certain information regarding these persons and a
description of their direct and indirect interests, by security holdings or
otherwise, is contained in the definitive proxy statement and may be contained
in other relevant materials to be filed with the SEC regarding the merger
transaction when they become available. Additional information regarding
Intermec’s executive officers and directors is included in Intermec’s
definitive proxy statement for 2012, which was filed with the SEC on April 12,
2012, and other relevant documents filed with the SEC. You can obtain free
copies of these documents from Intermec or the SEC using the contact
information above.

Forward-Looking Statements

Statements made in this press release and related statements that express
Intermec's or our management's intentions, hopes, indications, beliefs,
expectations, guidance, estimates, forecasts or predictions of the future
constitute forward-looking statements, as defined by the Private Securities
Litigation Reform Act of 1995, and relate to matters that are not historical
facts. The forward-looking statements contained herein include, without
limitation, statements regarding: the potential acquisition of Intermec by
Honeywell International Inc.; the holding of the related stockholders meeting;
the receipt of regulatory approvals for the potential merger transaction; and
the anticipated timing of the closing of the potential merger transaction, if
at all. When used in this document and in documents it refers to, the words
“anticipate,” “believe,” “will,” “intend,” “project” and “expect” and similar
expressions as they relate to us or our management are intended to identify
such forward- looking statements. These statements represent beliefs and
expectations only as of the date they were made. We may elect to update
forward-looking statements, but we expressly disclaim any obligation to do so,
even if our beliefs and expectations change.

Actual results may differ from those expressed or implied in our
forward-looking statements. Such forward-looking statements involve and are
subject to certain risks and uncertainties, which may cause our actual results
to differ materially from those discussed in a forward-looking statement.
These risk factors include, but are not limited to, risks and uncertainties
described more fully in our reports filed or to be filed with the Securities
and Exchange Commission including, but not limited to, our annual reports on
Form 10-K, quarterly reports on Form 10-Q, and current reports on Form 8-K,
which are available, among other places, at the investor relations tab of
Intermec's website, on our website at www.intermec.com (which website is not
incorporated herein by reference).

Contact:

Intermec Inc.
Dan Evans, 425-267-2975
dan.evans@intermec.com
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