Contact:Lisa Orlandini Vaga 973-455-6073 Lisa.OrlandiniVaga@alliedsignal.com AlliedSignal Signs Agreement with e-Chemicals Inc. -- Program Marks First Step In Specialty Chemicals E-Business Strategy -- MORRIS TOWNSHIP, New Jersey, November 28, 1999 – As the first step in a long-term e-business strategy to enhance customer value and support, the Specialty Chemicals business of AlliedSignal Inc. [NYSE: ALD] announced an agreement with e-Chemicals Inc. to offer select products via its online catalog. AlliedSignal’s hypophosphorus acid and strontium hydroxide products, used in diverse industries including personal care and resin manufacturing, will be available for immediate purchase at www.e-chemicals.com. AlliedSignal selected e-Chemicals because of its track record in providing superior service and support, 24 hours a day, seven days a week. “Web-enabled channels will help us deliver greater value to the market and drive more rapid business growth,” said Jan Angus, vice president of Marketing, AlliedSignal Specialty Chemicals. “The proven model offered by e-Chemicals is an important first step that allows us to quickly harness the power of the Web to deliver enhanced customer satisfaction.” Customers will now be able to visit e-Chemicals’ online catalog to order, receiving the same high-quality AlliedSignal products and packaging combined with the superior customer service offered by e-Chemicals. “e-Chemicals is very pleased to be adding these high performance chemicals to our product portfolio as this further expands our product offering and demonstrates the continuing drive by chemical suppliers to develop the Internet as an additional channel to market,” said Art DeMonte, vice president of Supply at e-Chemicals. Recognizing the powerful influence of the Web on business, AlliedSignal Specialty Chemicals has developed a long-term plan to utilize the Web to provide an ongoing value proposition to customers and partners by providing a real-time, collaborative environment in which to conduct business. In 2000, AlliedSignal will include the cultivation of new e-channels for customers to place and track orders and to conduct technical and implementation collaboration. It will also enable the company to explore alternate methods of sourcing, manufacturing and distribution. e-Chemicals Inc. is the leading provider of e-commerce solutions to the chemical marketplace. Launched in 1998, www.e-chemicals.com offers an integrated solution that allows buyers to select a product, get a price, order and track shipments online. e-Chemicals also provides customized e-commerce-based procurement solutions that provide machine-to-machine connectivity and dramatically streamline the procurement process. Headquartered in Ann Arbor, Michigan, e-Chemicals is a partner company of Internet Capital Group (Nasdaq:ICGE), a holding company of 39 partner organizations committed to being the world leader in each of its industry segments. AlliedSignal Specialty Chemicals is a world leader in the custom manufacture and supply of fine and specialty chemical products and formulations for a diverse range of applications. For more information, visit http://www.specialtychem.com. AlliedSignal Inc. is an advanced technology and manufacturing company serving customers worldwide with aerospace products and services, automotive products, chemicals, fibers, plastics and advanced materials. It is one of the 30 stocks that make up the Dow Jones Industrial Average and is also a component of the Standard & Poor’s 500 Index. The company employs 70,400 people in some 40 countries. Additional information on the company is available on the World Wide Web at http://www.alliedsignal.com. # # #