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Press Release

Make Over a Room with One Finger, GE Lighting and an iPhone

July 14, 2010

Consumers can virtually light a room, create shopping list to demystify light bulb shopping

CLEVELAND --- As easy as flipping a switch, consumers can now make over the lighting in a room to better fit their moods and personality with GE Lighting's new iPhone application. The GE Mood Cam™ app allows users to snap pictures of indoor environments, such as a kitchen, living room or bedroom, and change the mood of the room by sliding the Moodometer™ tool to adjust the look from warm (cozy) to vibrant (energetic/creative).


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Press Release

GE Capital Establishes $35 Million Credit Facility for Global Technology Resources, Inc.

July 14, 2010

GE Capital, Commercial Distribution Finance is providing a credit facility to a Denver-based IT reseller to the commercial, federal, education and healthcare markets

HOFFMAN ESTATES, IL -- GE Capital, Commercial Distribution Finance (CDF) announced today that it has established a $35 million credit facility for Global Technology Resources, Inc. (GTRI), a leading provider of a wide variety of technology solutions.


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Press Release

Ukraine Milk Company Powered by 4,000 Cows and GE Biogas Engine

July 14, 2010

Producer of Baby Nutrition Products Saving CO2 Based on Special "Green Tariff"

JENBACH, Austria--Wednesday, July 14, 2010-- Cow manure is being converted to energy at the first biogas cogeneration plant in the Ukraine. The facility, which is powered by 4,000 cows and a GE (NYSE: GE) Jenbacher gas engine, has recently completed nine months of successful operation at the Ukrainian Milk Company Ltd., located near Kiev.


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Press Release

GE/NBC Universal's Peacock Equity Invests in Vivox, Leader in Voice Chat

July 13, 2010

NEW YORK--Tuesday, July 13, 2010-- Peacock Equity, a joint investment fund of GE Capital's Media, Communications & Entertainment business and NBC Universal, today announced that it has invested $2 million in equity in Vivox, the world's leading provider of voice chat services for social applications including online games and virtual worlds. Other investors in Vivox include Benchmark Capital, Canaan Partners, GrandBanks Capital and IDG Ventures.


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Press Release

GE & Partners Announce $200 Million Global Commitment to Accelerate Power Grid Technology Through Open Collaboration

July 13, 2010

- "GE ecomagination Challenge: Powering the Grid" seeks best ideas to transform the way we create, connect and use power
- Joint investment with venture capital partners Emerald Technology Ventures, Foundation Capital, Kleiner Perkins Caufield & Byers and RockPort Capital
- Challenge is one of largest ever


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GE to Provide Transnet Pipelines with Power Generators

July 13, 2010

Generators Ensure Reliable Power Supply to Meet South Africa's Fuel Needs

JOHANNESBURG, South Africa--(BUSINESS WIRE)--GE South Africa Technologies (Pty) Limited (GESAT) today announced an agreement to provide Transnet Limited with 10 medium speed, diesel-powered generators for Transnet's new multi-product pipeline currently being constructed between Durban and Johannesburg. GESAT is GE Transportation's South African subsidiary in partnership with the Mineworkers Investment Company (MIC).


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Press Release

GE Introduces Smart Grid-Compatible Electric Vehicle Charger

July 13, 2010

*         GE WattStation™ is an easy-to-use electric vehicle charger designed by renowned industrial designer Yves Behar

*         Will help utility companies manage electricity demand, expanding consumer access to electric vehicle charging stations

*         Significantly decreases time required for full car charging


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GE Unveils Nucleus ™ -- The Future of Home Energy Management

July 13, 2010

GE's new Nucleus serves as home energy command center; innovative technology puts energy choices in hands of consumers

*         Delivers real-time energy usage consumption to PCs, and smart phone applications


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Press Release

GE & Partners Announce $200 Million Global Commitment to Accelerate Power Grid Technology Through Open Collaboration

July 13, 2010

 

*         "GE ecomagination Challenge: Powering the Grid" seeks best ideas to transform the way we create, connect and use power

*        Joint investment with venture capital partners Emerald Technology Ventures, Foundation Capital, Kleiner Perkins Caufield & Byers and RockPort Capital

*        Challenge is one of largest ever


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GE Capital Provides $56 Million Equipment Lease Commitment to Polymer Group, Inc.

July 13, 2010

NORWALK, Conn.--Tuesday, July 13, 2010-- GE Capital, Corporate Finance today announced it has secured a lease agreement with Polymer Group, Inc., a leading producer of nonwovens. The equipment lease facility will provide funding of up to $56 million for the primary equipment associated with the installation of a new state-of-the-art, custom-designed, spunmelt machine at a Polymer Group, Inc. plant in Waynesboro, Virginia.


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