United Technologies Named Corporation of the Year for Supplier Diversity

HARTFORD, Conn., May 20 /PRNewswire/ -- United Technologies Corp.
(NYSE: UTX) has been named "2008 Corporation of the Year" by the Connecticut
Minority Supplier Development Council for successfully increasing procurement
opportunities with minority business owners.
UTC has spent more than $1.3 billion with minority suppliers during the
past five years, averaging 18 percent growth year over year.
"UTC is committed to growing our existing suppliers, encouraging promising
new suppliers and ideas, and strengthening a culture that values diversity and
the innovation it brings," said Anand Stanley, UTC director, supplier
development. "Supplier diversity is not a program; it's the way we do
business."
Earlier this year, DiversityBusiness.com honored UTC as one of the top 50
companies for multicultural opportunities.
"UTC consistently performs with excellence in the area of minority
supplier development," said Dr. Fred McKinney, president, Connecticut Minority
Supplier Development Council. "The high level support for the UTC supplier
development program demonstrates the strategic importance of minority business
development."
The Connecticut Minority Supplier Development Council is a non-profit
affiliate of the National Minority Supplier Development Council. Membership
consists of local and national Fortune 500 corporations, government agencies,
universities, financial institutions, associations and organizations. The
organization works to develop minority businesses into companies that add
value to prospective clients.
United Technologies Corp., based in Hartford, Connecticut, is a
diversified company providing high technology products and services to the
building and aerospace industries.
Contact: Tom Downie
(860) 728-7012
www.utc.com

SOURCE United Technologies Corp.

Tom Downie of United Technologies Corp., +1-860-728-7012