Honeywell HomMed Announces Corporate Name Change to Honeywell Life Care Solutions to Reflect Broader Healthcare Commitment
LAS VEGAS — January 5, 2015 —Honeywell (NYSE: HON) HomMed – a global leader in health management technologies and remote patient monitoring – announced today that it is changing its corporate name to Honeywell Life Care Solutions. The name change reflects the company’s broader healthcare commitment and its expertise in driving the innovations needed to shape the future of health management through digital technology solutions.
“The new name – Honeywell Life Care Solutions – allows us to emphasize our wide-ranging business objective around changing the way healthcare is delivered between healthcare providers and patients, with the goal of increasing access, lowering costs and improving quality,” said John Bojanowski, President of Honeywell Life Care Solutions. “As a company with its roots in digital technology, we are committed to delivering breakthrough products and services that will help connect all the points in the care continuum.”
Honeywell Life Care Solutions includes the company’s telehealth products and services, which have provided patients and healthcare providers with industry-leading telehealth solutions for more than fifteen years, and include the company’s Genesis family of products and its LifeStream software. And announced this year in conjunction with the name change, the company is introducing Seymour, a digital health technology solution which provides a platform for the way patient data is aggregated, stored and shared between healthcare providers and patients, with the goal of helping people better understand and manage their data – and ultimately their health.
“We know nine out of ten consumers want to utilize technology to manage their health,” said Bojanowski. “To that end, we will continue to provide them with the tools they need to better navigate their own care programs within and outside the walls of the healthcare system.”
The new name is effective immediately, and will be implemented across the company’s product and services throughout the calendar year 2015.
Honeywell (www.honeywell.com) is a Fortune 100 diversified technology and manufacturing leader, serving customers worldwide with aerospace products and services; control technologies for buildings, homes and industry; turbochargers; and performance materials. Based in Morris Township, N.J., Honeywell’s shares are traded on the New York, London, and Chicago Stock Exchanges. For more news and information on Honeywell, please visit www.honeywellnow.com
About Honeywell Life Care Solutions:
Headquartered in Brookfield, Wis., Honeywell Life Care Solutions, part of Honeywell Automation and Control Solutions, is a global leader in health management technologies and remote patient monitoring, providing the healthcare industry with integrated product and service solutions designed to improve the quality of patients’ lives and reduce the cost of healthcare. For more information about Honeywell Life Care Solutions, please visit www.honeywelllifecare.com.
This release contains certain statements that may be deemed “forward-looking statements” within the meaning of Section 21E of the Securities Exchange Act of 1934. All statements, other than statements of historical fact, that address activities, events or developments that we or our management intends, expects, projects, believes or anticipates will or may occur in the future are forward-looking statements. Such statements are based upon certain assumptions and assessments made by our management in light of their experience and their perception of historical trends, current economic and industry conditions, expected future developments and other factors they believe to be appropriate. The forward-looking statements included in this release are also subject to a number of material risks and uncertainties, including but not limited to economic, competitive, governmental, and technological factors affecting our operations, markets, products, services and prices. Such forward-looking statements are not guarantees of future performance, and actual results, developments and business decisions may differ from those envisaged by such forward-looking statements. We identify the principal risks and uncertainties that affect our performance in our Form 10-K and other filings with the Securities and Exchange Commission.