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Press Release

GE Capital Fleet Services Introduces Asset Tracking Telematics Solution

March 12, 2014

Eden Prairie, Minn. -- March 12, 2014 -- GE Capital Fleet Services today unveiled GE Monitor Asset Tracking, a telematics solution that allows fleet managers to track, in real-time, powered and non-powered assets such as trailers, forklifts, key equipment and generators. This new solution provides a simple, quick and reliable way for fleet managers to identify the exact location of the tools necessary for successfully operating their business.

By installing GPS-equipped, battery-operated hardware onto fixed and mobile assets, fleet managers can view and manage equipment activity via multiple color-coded digital maps. GE Monitor Asset Tracking allows fleet managers to set up customized notifications to track movement for inventory and security purposes. Additionally, fleet managers can analyze real-time data to identify idle and low equipment utilization, which can help them realize cost savings and increase efficiency and productivity.

"Technology is constantly changing the way we gather, access, and analyze data, which in turn, changes the way fleet managers operate. It's important that we continue to provide our customers with the tools needed to successfully manage their fleets and make informed improvements," said Mike Mrosko, telematics product leader at GE Capital Fleet Services. "By utilizing GE Monitor Asset Tracking, users can optimize the performance of their entire fleet and equipment assets using just one application."

In addition to these telematics solutions, GE Capital Fleet Services customers now have access to GE Monitor Connect and Fuel Guard Reports. GE Monitor Connect integrates a Garmin navigation device with telematics to perform mobile dispatching and communications with fleet drivers. Through Fuel Guard Reports, customers can easily track the location of fuel cards and identify fuel fraud by combining fuel transaction data and telematics location data.

About GE Capital Fleet Services

GE Capital Fleet Services, based in Eden Prairie, Minn., is a global fleet management company. With strategic consulting, deep analytical insights and experience in every industry, we're uniquely positioned to help you continuously drive results -- from the road all the way to the board room. In 2013, our fleet customers realized $209 million in savings through opportunities identified by our fleet team. Visit the website at www.gefleet.com or follow the company's eco news and updates via Twitter (@GEFleetSvcs).

GE Capital offers consumers and businesses around the globe an array of financial products and services. For more information, visit www.gecapital.com or follow company news via Twitter (@GECapital). GE (NYSE: GE) works on things that matter. The best people and the best technologies taking on the toughest challenges. Finding solutions in energy, health and home, transportation and finance. Building, powering, moving and curing the world. Not just imagining. Doing. GE works. For more information, visit the company's website at www.ge.com.

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Contacts:

GE Capital, Americas

Ned Reynolds

203 229 5717

[email protected]

GE Capital Fleet Services

Sherri Ruesink

952-828-2875

[email protected]

Ned Reynolds
GE Capital
[email protected]
+1 203 2295717
+1 203 8370699

Sherri Ruesink
Capital Solutions - Fleet Services
[email protected]
1-952-828-2875


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