MONTREAL, Sept. 20, 2007 – The U.S. Environmental Protection Agency (EPA) honored Carrier Corp. yesterday with its coveted Best-of-the-Best Stratospheric Ozone Protection award in recognition of the company’s achievements in helping restore the Earth’s protective ozone layer. Carrier is a unit of United Technologies Corp. (NYSE: UTX).

“We are truly honored that EPA is recognizing Carrier’s environmental leadership with such a prestigious award,” said John Mandyck, Carrier’s vice president of government and international relations, who accepted the award during ceremonies last night in Montreal.

The awards presentation coincided with the 20th anniversary of the United Nations Montreal Protocol, which calls for a global elimination of ozone depleting substances such as chlorofluorcarbons (CFCs) and hydrochlorofluorocarbons (HCFCs) used in air-conditioning and refrigeration products.

"Environmental leading companies like Carrier demonstrate that global environmental protection can go hand in hand with economic growth,” said Bob Meyers, principal deputy assistant administrator for EPA's Office of Air and Radiation.

Geraud Darnis, president of Carrier Corp., said, “Carrier has been an industry leader in environmental stewardship for decades. This award is yet another testament to our ability to be an environmental champion.”

In 1994, Carrier became the first company in the industry to phase-out CFCs from air-conditioning systems worldwide -- two years ahead of requirements in the U.S. and 16 years ahead of mandates in developing countries.

In 1996, Carrier was first to offer non-ozone depleting commercial and residential systems. Since then, Carrier has sold more than 3 million non-ozone depleting Puron® residential systems in North America.
Carrier Honored with Ozone Protection Award – Page 2

In 2005, Carrier introduced the Evergreen® 23XRV variable speed screw chiller using non-ozone depleting HFC-134a refrigerant. This commercial product was a first by Carrier, employing new technology to achieve world-class energy efficiency with zero compromise on ozone protection.

Carrier’s environmental leadership extends beyond developing innovative products designed for quality, reliability and the environment to the way those products are manufactured. Since 1997, Carrier has doubled in size with no increase in energy consumption.

“Green products start with how they’re made in the first place,” said Mandyck.

EPA Administrator Stephen L. Johnson said, “By embracing cooperation over confrontation, EPA and our vital partners like Carrier are continuing to create a better tomorrow by protecting the Earth's atmosphere today. We at EPA join the global community in celebrating the anniversary of the Montreal Protocol – a shining example of how human ingenuity, leadership and determination can create a healthier, better world.”

Best-of-the-Best award nominees were evaluated by the federal Environmental Protection Agency staff and judged by an international panel representing industry, government, and non-governmental organizations.

“The 2007 Best-of-the-Best Stratospheric Ozone Protection Award winners have demonstrated sustained commitment to protection of our global environment," added Meyers.

Olympic success
The Beijing Organizing Committee for the Games (BOCOG) of the 2008 Olympics has received the United Nations Montreal Protocol Public Awareness Award, which recognizes their work in raising awareness about ozone depletion. In bidding for the right to host the Olympic Games, BOCOG promised to eliminate the use of ozone-depleting substances six years prior to the Montreal Protocol’s target date of 2010 and have the “greenest” Olympics. To achieve this goal, developers needed energy efficient and environmentally sound products to support their building and infrastructure development projects. Carrier’s expertise in providing innovative “green” products enabled it to capture 70 percent of all HVAC contracts awarded.

“We’re proud to have played an important role in helping China make the Beijing Games the ‘greenest' Olympics,’” said Kelly Romano, president of Carrier Building Systems and Services.

Carrier Honored with Ozone Protection Award – Page 3

With Carrier’s success in supplying energy-efficient HVAC products for the 2008 Olympic Games, the company is well positioned to offer similar solutions and services to developers of the 2012 Olympic Games in London.

Carrier’s early commercialization of non ozone-depleting technology has enabled many countries, including those in Europe, to accelerate the phase-out of HCFCs, well ahead of their Montreal Protocol targets.

About Carrier Corp.
Carrier Corp., headquartered in Farmington, Conn., is the world’s largest provider of heating, air-conditioning and refrigeration solutions, with operations in more than 170 countries and approximately 41,000 employees. Carrier is a subsidiary of United Technologies Corp., a Hartford, Connecticut-based provider of a broad range of high-technology products and support services to the aerospace and building systems industries worldwide.

Email: sarah@sarahpugh.co.uk

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