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Press Release

GE Commercial Finance Corporate Lending Names Gerard Hanabergh To Lead Business Credit Group

March 01, 2005

NORWALK, Conn.--(BUSINESS WIRE)--March 1, 2005--GE Commercial Finance Corporate Lending today announced that Gerard Hanabergh has been named Managing Director of the Business Credit group. He will be based in Norwalk, Conn. He succeeds Andrew Waterson, who has been named Managing Director, Corporate Lending West Region, based in Beverly Hills, Calif.


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Clarum Builds Nation's Largest Solar Energy Affordable Apartment Community Using GE Technology

February 25, 2005

SCOTTS VALLEY, Calif.--(BUSINESS WIRE)--Jan. 7, 2005--Today, Assist International announces the donation by GE of a water purification system that will produce at least 432,000 gallons of potable water per day in Banda Aceh, the northern Indonesian province that was the hardest hit by the tsunami. The equipment has the potential to provide drinkable water for 110,000 Indonesians per day. GE expects the system to be functional as soon as next weekend, January 15-16.


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Medical Protective Sees Positive Impact of Texas Tort Reform; Announces It Will Not Take a Rate Increase in Texas This Year

February 25, 2005

FORT WAYNE, Ind.--(BUSINESS WIRE)--Feb. 25, 2005--The Medical Protective Company (Medical Protective), Texas' leading admitted primary medical professional liability insurer, announced today that it will not take an overall rate increase in 2005.

President and Chief Executive Officer Timothy Kenesey said overall rates for Texas physicians would remain at levels set last July.


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Children's Cancer Institute Australia Fights Drug-Resistant Cancer With GE Healthcare

February 24, 2005

CHALFONT ST GILES, England--(BUSINESS WIRE)--Feb. 24, 2005--

Protein-Mapping Technology Helps Identify Mutations in Drug-Resistant Cells as Award-Winning Cancer Treatment Research Continues

The Children's Cancer Institute Australia (CCIA) is leading the fight against drug-resistant cancer using advanced protein-mapping technology from GE Healthcare.


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GE Appoints Two Company Officers

February 24, 2005

FAIRFIELD, Conn.--(BUSINESS WIRE)--Feb. 24, 2005--The Board of Directors of GE has approved the appointment of two new Company Officers.


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Ryanair Places $900 Million Order for CFM56-7B Engines to Power 70 Additional Boeing 737-800 Aircraft

February 24, 2005

February 24, 2005 -- EVENDALE, Ohio - Dublin, Ireland-based low-cost carrier Ryanair today announced that it has placed an order for additional CFM56-7 engines to power 70 firm, 70 option Boeing 737-800 aircraft. The firm engine order is valued at approximately $900 million at list price.
The CFM56-7 is the newest member of the CFM56 engine family produced by CFM International, a 50/50 joint company between Snecma Moteurs of France and General Electric Company. With more the 14,500 engines in service, CFM is the world's leading aircraft engine supplier.


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GE Commercial Finance Global Media

February 24, 2005

NORWALK, Conn.--(BUSINESS WIRE)--Feb. 24, 2005--GE Commercial Finance Global Media & Communications today announced that it has named Chris Pagano as senior vice president, origination. In this capacity, he will be responsible for originating debt and lease transactions in the domestic telecommunications sector.


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GE Energy to Supply Monitoring and Control Systems for Taiwan Nuclear Power Plant

February 23, 2005

WILMINGTON, N.C.--(BUSINESS WIRE)--Feb. 23, 2005--GE Energy's Nuclear business has been awarded a multi-million dollar contract to upgrade monitoring and control systems at the Chin Shan Nuclear Power Station in northern Taiwan.

GE's Nuclear business is supplying Taiwan Power Company (TPC) with its Power Range Neutron Monitoring (PRNM) system based on GE's digital Nuclear Measurement Analysis and Control (NUMAC) technology.


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GE Energy, Calpine To Build 775-Megawatt Power Plant in Southern California

February 22, 2005

SAN JOSE, Calif.--(BUSINESS WIRE)--Feb. 22, 2005--Calpine Corporation (NYSE:CPN) and the GE Energy business of General Electric Company (NYSE:GE) have selected Calpine's Inland Empire Energy Center in Southern California for the North American launch of GE's most advanced gas turbine technology, the H System(TM).


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GE Infrastructure Completes Acquisition of Ionics, Inc.; Acquisition Broadens GE's Position in Desalination and Emergency Mobile Water Services

February 22, 2005

WILTON, Conn.--(BUSINESS WIRE)--Feb. 22, 2005--GE Infrastructure, a unit of General Electric Company (NYSE: GE), announced today that it has completed its acquisition of Ionics, Inc. (NYSE: ION), a global leader in water purification and wastewater treatment. Ionics' desalination, water reuse and industrial ultra-pure water services will broaden GE's current offerings from GE Infrastructure, Water & Process Technologies.


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