Carrier Corp. Acquires the Controls Businesses of i2S Group

LEATHERHEAD, England, November 18 - Carrier Corp., a unit of United Technologies Corp. (NYSE: UTX), has
acquired the controls businesses of the i2S Group: DMS Controls, Ltd., ESL,
Ltd., and i2S Service, Ltd. Terms of the deal were not disclosed.

Collectively, these companies design, install and service complete
building management systems, primarily for commercial office buildings in the
United Kingdom, where they have a proven record of customer success.

"The acquisition of i2S Group's controls business further enhances
Carrier's building management systems capabilities in Europe," said David
Appel, president, Carrier HVAC Europe Middle East and Africa. "This will
enable Carrier to provide a comprehensive set of products and services to
meet its customers' needs for ease of control and energy savings."

About Carrier Corp.

Headquartered in Farmington, Conn., Carrier Corp. is the world's largest
provider of heating, air-conditioning and refrigeration solutions, with
operations in more than 170 countries. Carrier is part of United Technologies
Corp., a Hartford, Connecticut-based provider of products and services to the
aerospace and building systems industries worldwide. Visit www.carrier.com
for more information.

Lisa Glen of Carrier Corp., +01372-220220, uk.marketing at carrier.utc.com