Technology On Board Locomotives Can Achieve Up To 10% Greater Fuel Efficiency
ERIE, Pa. (May 11, 2006) -- In the face of rising fuel costs, engineers of the General Electric Corporation (NYSE: GE) are introducing technologies that help rail customers around the world dramatically improve locomotive fuel efficiency, while also reducing the amount of emissions, including NOx, CO2 and Particulate Matter.
WASHINGTON--(BUSINESS WIRE)--May 10, 2006--GE Healthcare, a unit of General Electric Company (NYSE:GE), today announced that it has received U.S. Food and Drug Administration (FDA) clearance for the Voluson i, the world's first and only 4D compact ultrasound system designed specifically for women's healthcare, including obstetric, gynecological, and other clinical applications. This new compact system allows clinicians to make real-time diagnoses, particularly for high-risk patients, by providing high-quality 4D imaging to wherever the patient is located.
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NEW YORK--(BUSINESS WIRE)--May 9, 2006--GE and Dow Jones & Company today announced the winner of ECOnomics: The Environmental Business Plan Challenge that provides a $50,000 award for the business plan that best combines environmental innovation and profitability.
Robert R. Wright of Marble Hill, Ga. earned the Environmental Business Plan Challenge Award for HASE technology that he believes will help solve the most universal human need: potable water.
SCOTTSDALE, Ariz.--(BUSINESS WIRE)--May 9, 2006--Capitalizing on a long-standing relationship, GE Capital Solutions, Franchise Finance funded a two-tiered deal worth $10.6 million for Restaurant Concepts, Inc. The deal leverages the equity of 11 existing Arby's units and allows Restaurant Concepts to expand its business to include Famous Dave's locations in Arizona and Nevada.
NEW YORK--(BUSINESS WIRE)--May 8, 2006--Harkening back to the days of Ronald Reagan and GE Theater, today GE introduces "One Second Theater," an innovative concept in commercial content designed to capture the imagination of viewers in today's technologically-driven, television-challenged environment. GE's "One Second Theater" was created by BBDO New York and is available to anyone with a digital video recording device. The viewer simply pauses at the right moment while watching one of GE's "ecomagination" commercials. A whole new world of commercial content will then unfold.
ATLANTA--(BUSINESS WIRE)--May 4, 2006--GE Energy has signed a contract with the University of California to study the impact that higher levels of intermittent renewable power generation, such as wind energy, will have on the state's power grid.
Goals for the project include ensuring grid reliability and quality and accommodating emerging markets for renewable generation, including both wind and solar energy. The California Energy Commission's Public Interest Energy Research program (PIER) is funding the project.
DANBURY, Conn.--(BUSINESS WIRE)--May 2, 2006--
Leasing Solution Helps Transform Major Travel Industry Data Operation
GE Capital Solutions, together with Teradata, a division of NCR Corporation and the global leader in enterprise data warehousing and analytics, recently announced the third major upgrade in five years for the critical, day-to-day data management operations of Airlines Reporting Corporation (ARC), the world's largest settlement system for the airline industry.
NORWALK, Conn.--(BUSINESS WIRE)--May 1, 2006--GE Commercial Finance - Corporate Lending today announced that it is the sole lender of an $80-million senior credit facility to refinance debt for Winner Steel, Inc., a prime galvanized steel coil supplier located in Sharon, Pennsylvania.
This financing is part of a total credit facility of $130 million, which also includes a $50-million term loan.
