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For release: 07 Apr 2009

United Technologies Renews Benefits Administration Agreement with ExcellerateHRO

PLANO, Texas – ExcellerateHRO today announced that United Technologies Corporation (UTC) has signed a multi-year renewal agreement for U.S. pension administration services, which will continue to ensure that current, future and former UTC employees receive excellent pension plan customer service.

“UTC values our long-standing relationship with ExcellerateHRO,” said Natalie Morris, director, Benefits and Human Resource Information Systems for UTC. “For more than 15 years, the people at ExcellerateHRO have helped guide our employees through the complex world of pension plans. We have come to rely on their keen understanding of our benefits.”

New to the contract, which builds on the relationship that began in 1994, ExcellerateHRO will move UTC to a new benefits platform, which offers plan participants additional functionality and a more intuitive web experience. ExcellerateHRO will continue to administer the pension plans for the nearly 215,000 UTC active employees, terminated vested individuals, retirees, and surviving spouses who are participants in those plans.

“The ExcellerateHRO team uses its deep pensions experience and industry-leading processes and technology to provide UTC plan participants with an exceptional user experience,” said Chris Rittenmeyer, vice president, ExcellerateHRO. “As long-time business allies, ExcellerateHRO will continue to deliver innovative, flexible and intuitive services that align with UTC’s business environment and future needs.”

About ExcellerateHRO Benefits Administration Services

ExcellerateHRO Benefits Administration Services are delivered on best-in-class technology and industry best practices for program delivery. ExcellerateHRO provides employers with the data and tools to more effectively align program design and delivery with business needs. ExcellerateHRO enables companies to deliver an enhanced employee experience while achieving a new level of business insight for decision-making and strategic outcomes.

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