Honeywell Announces Successful Completion of Tender Offer for EMS Technologies, Inc. With Over 91.6% of Shares Tendered

Honeywell HON today announced that its wholly-owned subsidiary Egret Acquisition Corp. successfully completed the tender offer for all shares of common stock of EMS Technologies, Inc. ELMG, including the associated common stock purchase rights, at a price of $33.00 per share, without interest and net of applicable withholding taxes. The tender offer expired at 5:30 p.m., New York City time, on August 19, 2011. The Depositary for the tender offer advised that, as of the tender offer's expiration, shareholders of EMS had validly tendered and not withdrawn 14,255,726 shares of EMS common stock, including 564,632 shares tendered through notices of guaranteed delivery. The shares tendered represent approximately 91.6% of the outstanding shares of EMS (or approximately 85.5% calculated on a fully diluted basis). All of such shares have been accepted for payment in accordance with the terms of the tender offer.