UTC Reaffirms 2013 Outlook

                          UTC Reaffirms 2013 Outlook

PR Newswire

NEW YORK, March 14, 2013

NEW YORK, March 14, 2013 /PRNewswire/ --United Technologies Corp. (NYSE: UTX)
reaffirmed its expectation for 2013 earnings per share of $5.85 to $6.15, on
sales of $64 to $65 billion. The company also continues to anticipate that
cash flow from operations less capital expenditures will be equal to or in
excess of net income attributable to common shareowners.

"We are focused on integration of the transformed portfolio and execution of
our growth strategy," said Louis Chenevert, Chairman & Chief Executive
Officer. "UTC is well positioned to take advantage of improvement in key end
markets and deliver consistent earnings growth well into the future."

Today's United Technologies meeting with investors and analysts will be
broadcast live on the Internet and the audio and presentation materials will
be available at www.utc.com. United Technologies Corp., based in Hartford,
Connecticut, is a diversified company that provides a broad range of high
technology products and support services to the building systems and aerospace

This release is supplemented by presentation materials that are available on
UTC's web site at www.utc.com and includes statements that constitute
"forward-looking statements" under the securities laws. All financial
projections reflect continuing operations unless otherwise noted.
Forward-looking statements often contain words such as "believe," "expect,"
"plans," "strategy," "prospects," "estimate," "project," "target,"
"anticipate," "will," "should," "see," "guidance," "confident" and similar
terms. Forward-looking statements may include, among other things, statements
relating to future and estimated sales, earnings, cash flow, financing plans,
charges, expenditures, anticipated benefits of acquisitions and divestitures,
results of operations, uses of cash and other measures of financial
performance. All forward-looking statements involve risks, uncertainties and
assumptions that may cause actual results to differ materially from those
expressed or implied in the forward-looking statements. Risks and
uncertainties include, without limitation, the effect of economic conditions
in the markets in which we operate, including the impact of governmental
austerity or stimulus measures, financial market conditions and availability
of credit, fluctuation in commodity prices, interest rates and foreign
currency exchange rates; future levels of indebtedness and capital and
research and development spending; levels of end market demand in construction
and in the aerospace industry; levels of air travel; financial difficulties of
commercial airlines; the impact of weather conditions and natural disasters;
the financial condition of our customers and suppliers; delays and disruption
in delivery of materials and services from suppliers; cost reduction efforts
and restructuring costs and savings and other consequences thereof; the scope,
nature or impact of acquisitions, dispositions, joint ventures and other
business arrangements, including integration of acquired businesses; the
timing and impact of anticipated dispositions of businesses; the timing and
amount of anticipated gains, losses, impairments and charges related to such
dispositions; the timing and impact of anticipated debt reduction following
the Goodrich acquisition; the development and production of new products and
services; future levels of repurchases of common stock; the anticipated
benefits of diversification and balance of operations across product lines,
regions and industries; pension plan assumptions and future contributions; the
impact of the negotiation of collective bargaining agreements and labor
disputes; the outcome of legal proceedings and other contingencies; and the
effect of changes in tax, environmental and other laws and regulations and
political conditions in countries in which we operate and other factors beyond
our control. The completion of the proposed divestitures of businesses is
subject to uncertainties, including the ability to secure regulatory approvals
on acceptable terms and satisfaction of other customary conditions. These
forward-looking statements speak only as of the date of this release and we
undertake no obligation to update or revise any forward-looking statements
after we distribute this release. 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.


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

SOURCE United Technologies Corp.

Website: http://www.utc.com
Press spacebar to pause and continue. Press esc to stop.