UTC Fire & Security Completes Divestment of Australian Guarding Business

FARMINGTON, Conn., July 31 /PRNewswire-FirstCall/ -- UTC Fire & Security
today announced that it has completed the sale of its Australian guarding and
mobile patrols businesses including Chubb Security Personnel Pty Ltd, Chubb
Mobile Services Pty Ltd and MSS Security Group Pty Ltd. The businesses have
been sold to Security and Intelligence Services (India) Limited, an
experienced security services company based in India. The company first
announced its intention to divest these businesses last year. Financial
details of the transaction were not disclosed. UTC Fire & Security is a unit
of United Technologies Corporation (NYSE: UTX).
UTC Fire & Security will continue to offer electronic security solutions
in Australia through Chubb Electronic Security and Chubb Home Security;
transport customer valuables throughout Australia through its cash logistics
business Chubb Security Services; and provide a full range of fire detection,
suppression and fire fighting products and services through its Chubb Fire
Safety business.
UTC Fire & Security is a global provider of fire safety and security
solutions serving more than one million customers worldwide. United
Technologies Corp., based in Hartford, Conn., is a diversified company
providing high technology products and services to the building and aerospace
industries worldwide. For more information visit www.utcfireandsecurity.com.
SOURCE UTC Fire & Security

U.S. media: Kimberly Reidy, +1-860-284-3094, Kimberly.reidy@fs.utc.com; or
Australian media: Daniel Marks, +0401-779-055, Daniel.marks@fs.utc.com, both
of UTC Fire & Security