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Press Release

GE Glegg Water Technologies Inc. Announces NameChange to GE Water Technologies Inc.

January 28, 2002

GE Glegg Water Technologies Inc. Announces Name Change to GE Water Technologies Inc. GUELPH, Ontario--(BUSINESS WIRE)--Jan. 28, 2002-- Signals continuing commitment to water treatment industry GE Glegg Water Technologies Inc., a leading expert in providing innovative pure water solutions for industrial and engineering companies worldwide, has formally announced its new name, GE Water Technologies Inc., a division of GE Power Systems.

GE Water Technologies will remain in Guelph, Ontario, Canada. The main divisions of GE Water Technologies are:

-- Glegg Water Systems, which provides water treatment system equipment to end-users.

-- GE Water Services, which provides water treatment field service, replacement parts and services, and customer service agreements - including plant operations - to end-users.

-- E-Cell Corporation, which provides E-CELL products directly to systems integrators (originator equipment manufacturers).

GE Water Technologies expects this name change to promote further growth and development of its core businesses. Moving forward, we will continue to provide customers with traditional service and the latest innovations in all aspects of the industrial water treatment market, said Claude Jordan, president and CEO of GE Water Technologies.

GE Water Technologies (www.gewater.com) serves the $4 billion industrial water services market that includes power, semiconductors and electronics, petrochemical, oil and gas, pulp and paper, food and beverage, pharmaceutical and health care.

About GE Power Systems

GE Power Systems (www.gepower.com) is one of the world's leading suppliers of power generator technology, energy services and management systems with projected 2001 revenues exceeding $20 billion.

The business has the largest installed base of power generation equipment in the global energy industry. GE Power Systems provides equipment, service and management solutions across the power generation, oil and gas, distributed power and energy rental industries.

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CONTACT: For GE Power Systems

Masto Public Relations

Kathleen Schechner or Howard Masto, 518/786-6488

[email protected]

KEYWORD: GEORGIA INTERNATIONAL CANADA

INDUSTRY KEYWORD: ENERGY MANUFACTURING OIL/GAS UTILITIES

SOURCE: GE Power Systems


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