Intermec Stockholders Approve Adoption of Merger Agreement with Honeywell

  Intermec Stockholders Approve Adoption of Merger Agreement with Honeywell

Business Wire

EVERETT, Wash. -- March 19, 2013

Intermec, Inc. (NYSE:IN; “Intermec”) today announced that Intermec
stockholders voted overwhelmingly to approve the adoption of the previously
announced Agreement and Plan of Merger between Intermec, Honeywell
International Inc. (“Honeywell”), and Hawkeye Merger Sub Corp., a wholly owned
subsidiary of Honeywell (the “Merger Agreement”). Approximately 99% of
Intermec's shares voted at the special meeting of Intermec's stockholders held
earlier today, or approximately 79% of Intermec’s outstanding shares of common
stock as of the close of business on January 25, 2013, the record date for the
special meeting of stockholders, were voted in favor of the adoption of the
Merger Agreement.

Completion of the transaction remains subject to regulatory approvals
(including the expiration or termination of the waiting period under the
Hart-Scott Rodino Antitrust Improvements Act of 1976, as amended, and the
requirements of certain foreign jurisdictions, including the European
Commission) and other customary closing conditions. Intermec continues to
expect that the transaction will close in 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).

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; the receipt of regulatory approval 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, at www.intermec.com (which website is not incorporated
herein by reference).

Contact:

Intermec, Inc.
Dan Evans, 425-267-2975
 
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