Honeywell Licenses Patent-Protected Multimedia and GPS Navigation Technology to Kenwood

Enhances User Interface and GPS Accuracy in Automotive and Consumer Devices

PHOENIX.- Honeywell (NYSE: HON) announced today that it has granted Kenwood Corporation and Kenwood USA Corporation (Kenwood) rights under patented technology for automotive multimedia and Global Positioning System (GPS) navigation devices.

The agreement provides rights to Kenwood under Honeywell’s GPS technology, protected by numerous U.S. patents relating to mobile navigation technology.

“Honeywell is a leader in the area of enhancing GPS technology to improve safety and operator awareness in numerous systems for all kinds of vehicles, including ground-based vehicles,” said Loria Yeadon, Vice President and General Manager, Honeywell Intellectual Property International.

Honeywell recently filed a complaint with the International Trade Commission against four consumer electronics companies for infringing a portfolio of multimedia and GPS navigation patents, and the Commission is conducting an investigation. Kenwood will be released from the matter. The action against the remaining three non-licensees is continuing.