DALLAS, TEXAS (September 8, 2003) --- GE Power Systems has announced that its Network Reliability Services business will supply a variety of portable testing equipment for the purpose of conducting protective relay and circuit breaker testing to Hong Kong-based distributor Control Measurements, Ltd. The products will be distributed in China. The value of the contract is estimated to be $500,000 (4,107,000 SEK) and is one of the largest orders the company has booked for portable testing equipment.
DALLAS, TEXAS (September 8, 2003) --- GE Power Systems introduces its ZEHPlot for Smallworld™ application software. This new Smallworld product, offered by GE's Network Reliability Services business, brings Raster Image Processing (RIP) technology to the Smallworld user to allow complex images to be converted into a simple format for printing, without distorting the quality of the image. This software product addresses the need to produce high quality plots in a timely fashion, in a variety of formats, using a host of devices.
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DALLAS, TEXAS (September 8, 2003) --- GE Wind Energy has developed a revolutionary new electronic capability that will allow its wind turbines to stay connected to the grid during low voltage events caused by system disturbances. The first units featuring this low voltage ridethrough (LVRT) capability are now available for shipment.
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DALLAS, TEXAS (September 8, 2003) --- GE is showcasing its comprehensive range of transmission and distribution (T&D) solutions this week at the
2003 IEEE/PES Transmission & Distribution Conference & Exposition
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ILFC Picks GP7000 for A380s EVENDALE, Ohio--(BUSINESS WIRE)--Sept. 4, 2003--International Lease Finance Corporation (ILFC) has selected engines from the GE-P&W Engine Alliance for up to 14 new Airbus A380 aircraft.
The engine agreement, covering four firm and ten option A380s, is valued at $200 million for the firm aircraft and a total of $800 million if all options are exercised. This is the first firm engine order ILFC has placed for its A380 fleet.
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September 4, 2003 -- EVENDALE, Ohio -- International Lease Finance Corporation (ILFC) has selected engines from the GE-P&W Engine Alliance for up to 14 new Airbus A380 aircraft.
The engine agreement, covering four firm and ten option A380s, is valued at $200 million for the firm aircraft and a total of $800 million if all options are exercised. This is the first firm engine order ILFC has placed for its A380 fleet.
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FLORENCE, ITALY (September 4, 2003) --- Total Angola has awarded a contract to Thermodyn, a business unit of GE Oil & Gas, to supply complete power generation and compression equipment for a new offshore production facility to be located in the deepwater Dalia oil field, Block 17, off the coast of Angola. The new floating production storage offloading (FPSO) unit is scheduled to begin operation during the second half of 2006.
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ERC Responds to S&P Ratings Action OVERLAND PARK, Kan.--(BUSINESS WIRE)--Sept. 3, 2003--GE's Employers Reinsurance Corporation (GE ERC) today responded to Standard & Poor's A+ rating by reaffirming the company's financial strength and progress on its turnaround.
S&P's rating says more about our past than our future, said Ron Pressman, Chairman, President, CEO. We have faced the challenges of the past and made tremendous progress. ERC has never been stronger financially or strategically than it is today, and our future is bright.