Since then, an increasing number of
customers have embraced wireless transmitter technology.
"Each year, our editors review thousands of products that
demonstrate exceptional market impact, technological advancement and
service to the controls industry," said Mark T. Honeywell's wireless
transmitters stood out as one of the most significant technologies of
2004. It's a vindication that
we are on the right track.

sensotec thei

In addition, Honeywell received Frost + Sullivan's prestigious
Sensors New Product of the Year Award for 2004.
Roxar, a leading technology solutions
provider to the upstream oil and gas industry, today announced that it has
signed a multi-million dollar contract to supply more than 50 of its
topside MPFM 1900VI Multiphase Flow Meters to a Middle East customer for
one single onshore field development.
Having pioneered this technology for topside well testing and further
developed multiphase and wetgas meters for continuous monitoring of subsea
wells, the market is now responding to the value these meters offer to all
producing wells, including land based operations.

venturis flowmeters

"
A panel of industry experts nominated Honeywell for Plant
Engineering magazine's Product of the Year Award after careful review
and consideration.

flowmeters bimetal

"Honeywell is proud of our leadership role in bringing wireless
transmitters to market and of the recognition we have earned from
respected industry sources.com. For more information about Process Solutions , access
www."

Note to Editors

About Roxar

Roxar is a leading international technology solutions provider to the
upstream oil and gas industry.

The Fluid and Gas Control Gauges and Meters category focuses on gauges and meters that are used in this industry to measure such things as temperature , pressure, and flow.

orifice thermometers

Founded in May 1999, the
company generated revenues of approximately US$100 million in 2004.

snubbers tridicators

The product received the Control Engineering magazine
2004 Editors' Choice Award in the category of Instrumentation and
Process Sensors, the 2004 Breakthrough Product of the Year award from
Processing magazine, and a nomination for Product of the Year from
Plant Engineering magazine.

tmcore05 lubricator

Such forward-looking statements involve risks and
uncertainties inherent in business forecasts as further described in
our filings under the Securities Exchange Act.

bimetal orifice

woltmann totalizers

The product line also includes an
analog input interface for adding wireless capabilities to wired
devices.

Roxar's Multiphase Flow Meters are designed to continuously measure the
flow rates of oil, water and gas in the well stream, without the need for
separation.

Said Roxar CEO, Sandy Esslemont:

"Today's announcement represents another milestone in Roxar's history.

kobold flowmeters

Honeywell began selling the XYR 5000 family of wireless
transmitters in February 2004.

bimetal venturis

Business Editors/High-Tech Editors

PHOENIX ----Honeywell's (NYSE: HON)
XYR 5000 Wireless Transmitters were recently honored by multiple
prestigious industry publications for their innovation and impact on
the industry. Up to 50 XYR 5000 wireless transmitters send measurements to
a base radio networked to a control system or data acquisition device."

He continues:

"Through the ability to remotely measure multiphase flows in real -time, we
at Roxar are confident that we can enhance the operators' ability to manage
their reservoirs to positively impact cash flow.

dials thermometers

For additional
information, please visit www. Multiphase meters are used in the oil and gas industry for well
testing and continuous well monitoring.

With its head offices in Stavanger, Norway, Roxar employs close to 450
staff across a network of wholly owned offices in Europe, the Americas,
Africa, CIS, Asia Pacific and the Middle East.

tridicators totalizers

"One of the only transmitters selected as a Breakthrough Product since
the award's inception seven years ago, this product is expected to
reshape the process industries for many years to come.

thermowells uehling

An
independent panel of engineering experts selected the award winners.

The contract follows other recent deals in the Middle East to purchase
Roxar's industry standard reservoir modeling software, IRAP RMS, additional
MPFM 1900VI Multiphase Meters, WaterCut Meters and Downhole Pressure and
Temperature Gauges.

totalizers guages

com /ps

This release contains forward-looking statements as defined in
Section 21E of the Securities Exchange Act of 1934, including
statements about future business operations, financial performance and
market conditions.

weksler tmcore05

Frost + Sullivan
recognized Honeywell for being the first major automation supplier to
develop wireless transmitter technology.

guages sensotec

The XYR 5000
transmitters measure and communicate process variables without using
wires or external power. "Selecting winners for the
Editors' Choice Award has become increasingly difficult, especially as
more and more innovative products come to market.
Processing magazine's Breakthrough Product of the Year Award
recognizes innovative products from the past year that will
significantly impact process industries for years to come.honeywell.

PRESS RELEASE Roxar Wins Multi-Million Dollar Contract to Supply Over 50 Multiphase Flow Meters to Middle Eastern Client

This
trend is particularly evident for subsea applications and for high value
wells onshore.

tridicators snubbers

Roxar sees an increasing interest in utilizing multiphase meters for
continuous well monitoring, compared with conventional well testing.

thei sensotec

The XYR 5000 transmitters are designed to:

Improve product quality

Reduce installation, operating and maintenance costs

Meet regulatory requirements

Ensure high uptime

Enhance flexibility

Honeywell International is a $26 billion diversified technology
and manufacturing leader, serving customers worldwide with aerospace
products and services; control technologies for buildings, homes and
industry; automotive products; turbochargers; and specialty materials. Honeywell Process
Solutions is part of Honeywell's Automation and Control Solutions
group, a global leader in providing product and service solutions that
improve efficiency and profitability, support regulatory compliance,
and maintain safe, comfortable environments in homes, buildings and
industry.honeywell. The company creates value for its customers
through innovative products and services that help achieve maximum
performance from oil and gas reservoirs.

guages gauges

Honeywell XYR 5000 Wireless Transmitters Earn Industry Praise; Wireless Transmitter Series is Recognized for Innovation Industry Impact

The contract is the largest recorded single order to date for Multiphase
Flow Meters to the oil and gas sector, further strengthening Roxar's
position as the market leader in online and in-line multiphase flow
metering.

thermometers uehling

The base radio also interfaces with the PC-based Wireless Management
Toolkit that offers real-time configuration and indicating, trending
and reporting capabilities.
Based in Morris Township, N.J., Honeywell 's shares are traded on the
New York, London, Chicago and Pacific Stock Exchanges. Roxar's
International customer base includes all of the multinationals, major
independents and the majority of national oil companies.

gastechnik flowmeters

Hoske,
editor-in-chief, Control Engineering. The information from the meters is
used to determine the optimal production capacity of each individual well
over the lifetime of the field , thus allowing accelerated production and
increased recovery.

It is appropriate for sites focused on any aspect of this field, including the sites about manufacturers, distributors, wholesalers, designers , directories, trade associations, industry news, and suppliers of any specialized tools and equipment used to make, service, or repair these products.

dials tridicators

"
Honeywell also won Control Engineering's Editors ' Choice Award in
2003 for the launch of its Experion(TM) Process Knowledge System
(PKS), which improves business performance by integrating process and
business data across the entire enterprise , making information and
knowledge available when and where needed, so process manufacturers
can make the right decisions quickly. It singled out the Honeywell
XYR 5000 wireless transmitter series for providing exceptional
benefits to customers and for offering significant advantages over
traditional transmitters.
"Wireless technology is revolutionizing process measurement,
offering customers tremendous new opportunities to monitor the process
while reducing installation costs," said Donna Lee Scaggs, vice
president of Honeywell's Industrial Measurement + Control business. It is one of
the 30 stocks that make up the Dow Jones Industrial Average and is
also a component of the Standard + Poor's 500 Index.

gauges venturis

"Honeywell's XYR 5000 Wireless Transmitters provide an easy and
affordable way to deploy transmitters throughout industrial
facilities," said Dennis Van Milligen, editor-in -chief, Processing. The main benefit of continuous monitoring is that operators
are better informed and can predict when a problem is developing, thus
avoiding escalation of a potential problem that could cause permanent
damage to the well or the reservoir.

weksler manometers

To qualify for the nomination, products had to
increase customers' productivity and maximize efficiency."
The wireless transmitter product line includes devices for
accurately monitoring gauge, differential and absolute pressure,
temperature and ultrasonic noise.