UTC Fire & Security Completes Acquisition of Initial Electronic Security in Netherlands, U.S., U.K.

[The following press release was issued on July 2, 2007.  The American branches within IESG will be joining Red Hawk during a transition period in 2007 and 2008.  They include Initial Electronics (Chicago, IL, Indianapolis, IN & Baltimore, MD), Integrated Security Systems (Danbury, CT & New Haven, CT), and Barry Security (Boston, MA).]

HARTFORD, Conn., July 2, 2007 – UTC Fire & Security,  a unit of United Technologies Corp. (NYSE:UTX), has completed its purchase of Rentokil Initial’s Electronic Security business units located in the Netherlands, U.K. and U.S. The acquisition of Initial Electronic Security Group’s (IESG) French business remains conditional upon French regulatory approval.

"IESG is an excellent strategic fit with our electronic security business.  The addition of IESG will strengthen our presence in Europe, while adding branch locations in the U.S.  The combined businesses position us well for further growth and expansion, and bring additional value to our customers, shareholders and employees," said Bill Brown, President, UTC Fire & Security.

United Technologies Corp., based in Hartford, Connecticut, is a diversified company providing high technology products and services to the building and aerospace industries. Additional information is available at www.utc.com.  UTC Fire & Security provides fire safety and security solutions to more than one million customers worldwide. Additional information is available at www.utcfireandsecurity.com.

This release includes "forward looking statements" as defined under securities laws, including statements about the future operations of the business. Such forward-looking statements involve risks and uncertainties that could cause actual results to differ from the statements. These include risks and uncertainties inherent in closing an agreed transaction, in realizing the anticipated benefits of combining businesses and in obtaining additional business to increase revenues.

Contact:

Kimberly Reidy
(860) 284 3094 office
(860) 301-9235 cell
kimberly.reidy@fs.utc.com