UTC Reaffirms 2013 Outlook

Thu Mar 14, 2013 12:30pm EDT

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NEW YORK,  March 14, 2013  /PRNewswire/ -- United Technologies Corp. (NYSE: UTX)
reaffirmed its expectation for 2013 earnings per share of  $5.85 to $6.15, on
sales of  $64 to $65 billion.  The company also continues to anticipate that
cash flow from operations less capital expenditures will be equal to or in
excess of net income attributable to common shareowners.  

"We are focused on integration of the transformed portfolio and execution of our
growth strategy," said  Louis Chenevert, Chairman & Chief Executive Officer.
"UTC is well positioned to take advantage of improvement in key end markets and
deliver consistent earnings growth well into the future."

Today's United Technologies meeting with investors and analysts will be
broadcast live on the Internet and the audio and presentation materials will be
available at  www.utc.com.   United Technologies Corp., based in  Hartford,
Connecticut, is a diversified company that provides a broad range of high
technology products and support services to the building systems and aerospace
industries.  

This release is supplemented by presentation materials that are available on
UTC's web site at  www.utc.com  and includes statements that constitute
"forward-looking statements" under the securities laws. All financial
projections reflect continuing operations unless otherwise noted.
Forward-looking statements often contain words such as "believe," "expect,"
"plans," "strategy," "prospects," "estimate," "project," "target," "anticipate,"
"will," "should," "see," "guidance," "confident" and similar terms.
Forward-looking statements may include, among other things, statements relating
to future and estimated sales, earnings, cash flow, financing plans, charges,
expenditures, anticipated benefits of acquisitions and divestitures, results of
operations, uses of cash and other measures of financial performance. All
forward-looking statements involve risks, uncertainties and assumptions that may
cause actual results to differ materially from those expressed or implied in the
forward-looking statements. Risks and uncertainties include, without limitation,
the effect of economic conditions in the markets in which we operate, including
the impact of governmental austerity or stimulus measures, financial market
conditions and availability of credit, fluctuation in commodity prices, interest
rates and foreign currency exchange rates; future levels of indebtedness and
capital and research and development spending; levels of end market demand in
construction and in the aerospace industry; levels of air travel; financial
difficulties of commercial airlines; the impact of weather conditions and
natural disasters; the financial condition of our customers and suppliers;
delays and disruption in delivery of materials and services from suppliers; cost
reduction efforts and restructuring costs and savings and other consequences
thereof; the scope, nature or impact of acquisitions, dispositions, joint
ventures and other business arrangements, including integration of acquired
businesses; the timing and impact of anticipated dispositions of  businesses;
the timing and amount of anticipated gains, losses, impairments and charges
related to such dispositions; the timing and impact of anticipated debt
reduction following the Goodrich acquisition; the development and production of
new products and services; future levels of repurchases of common stock; the
anticipated benefits of diversification and balance of operations across product
lines, regions and industries; pension plan assumptions and future
contributions; the impact of the negotiation of collective bargaining agreements
and labor disputes; the outcome of legal proceedings and other contingencies;
and the effect of changes in tax, environmental and other laws and regulations
and political conditions in countries in which we operate and other factors
beyond our control. The completion of the proposed divestitures of businesses is
subject to uncertainties, including the ability to secure regulatory approvals
on acceptable terms and satisfaction of other customary conditions. These
forward-looking statements speak only as of the date of this release and we
undertake no obligation to update or revise any forward-looking statements after
we distribute this release. For additional information identifying factors that
may cause actual results to vary materially from those stated in the
forward-looking statements, see our reports on Forms 10-K, 10-Q and 8-K filed
with the SEC from time to time, including, but not limited to, the information
included in UTC's Forms 10-K and 10-Q under the headings "Business," "Risk
Factors," "Management's Discussion and Analysis of Financial Condition and
Results of Operations" and "Legal Proceedings" and in the notes to the financial
statements included in UTC's Forms 10-K and 10-Q.

UTC-IR

 Contact:  John Moran                   
           (860) 728-7062  www.utc.com  


SOURCE  United Technologies Corp.

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