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Honeywell and Opower Develop Next-Generation Tools to Reduce Energy Use and Costs in Homes

WASHINGTON, D.C., Sept. 13, 2011 – Honeywell (NYSE: HON) and Opower today announced plans to jointly develop energy management tools to help consumers cut their energy use and expenses. The companies will combine Honeywell's expertise in residential automation and control systems with Opower's industry-leading energy data analytics and customer engagement techniques to create intuitive, reliable and cost-effective technology that will provide energy savings in the home and across the entire electrical grid.