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Press Release

Competitive advantage for companies offering consumer finance options

July 01, 2008
  • UK home improvements market worth £42 billion annually, with average household spending running at £1721.20
  • 85% of companies servicing the home improvements marketplace do not currently offer consumer finance options to their customers
  • Financial providers' longevity and experience in the marketplace are ranked amongst the most important criteria by companies considering a financial services partner



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Press Release

Competitive advantage for companies offering consumer finance options

July 01, 2008
  • UK home improvements market worth £42 billion annually, with average household spending running at £1721.20
  • 85% of companies servicing the home improvements marketplace do not currently offer consumer finance options to their customers
  • Financial providers' longevity and experience in the marketplace are ranked amongst the most important criteria by companies considering a financial services partner



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Press Release

GE Medical Imaging Technology to Aid Early Diagnosis of All Competing Olympic Athletes at the Beijing 2008 Olympic Games

June 30, 2008

GE caring for more than 10,500 athletes from over 200 countries at Beijing Games with advanced MRI, ultrasound and ECG technologies


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Press Release

GE Appoints Six Company Officers

December 28, 2007

FAIRFIELD, Conn., December 28, 2007 -- GE today announces the appointment of six new company officers. GE currently has 189 GE officers globally. GE officers lead large revenue generating businesses or are in critical functional roles, helping to drive growth.
GE also announced that GE Officer Jeff Bornstein has been promoted to Senior Vice President. Bornstein is currently the Chief Financial Officer of GE Commercial Finance located in Norwalk, CT.
Below is the list of GE's six new officers:


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Press Release

Cosmos Bank Announces Successful Completion of Recapitalization

December 28, 2007

SAG and GE's investment of NT$29.7 billion to strengthen capital base and position for future growth


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Press Release

GE Corporate Lending Provides $325 Million to Sportsman's Warehouse

December 27, 2007

NORWALK, Conn.--(BUSINESS WIRE)--GE Commercial Finance Corporate Lending today announced it provided a $325 million asset-based credit facility to Sportsman's Warehouse, an outdoor sporting goods retailer. The financing will be used to fund working capital needs. GE Capital Markets arranged the transaction. GE also provides the company with aircraft loan financing through GE Equipment Financial Services.

Based In Midvale, UT, Sportsman's Warehouse has locations throughout the U.S. selling equipment, apparel, footwear and accessories for hunting, fishing and camping.


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Press Release

GE Corporate Lending Provides $325 Million to Sportsman's Warehouse

December 27, 2007

NORWALK, Conn.--(BUSINESS WIRE)--GE Commercial Finance Corporate Lending today announced it provided a $325 million asset-based credit facility to Sportsman's Warehouse, an outdoor sporting goods retailer. The financing will be used to fund working capital needs. GE Capital Markets arranged the transaction. GE also provides the company with aircraft loan financing through GE Equipment Financial Services.

Based In Midvale, UT, Sportsman's Warehouse has locations throughout the U.S. selling equipment, apparel, footwear and accessories for hunting, fishing and camping.


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Press Release

GE Capital to Acquire Most of Merrill Lynch Capital

December 26, 2007

Deal, Expected to Close in First Quarter, Will Add More Than $15 Billion in Assets and Commitments to GE Capital

NORWALK, Conn. & NEW YORK--(BUSINESS WIRE)--GE Capital has agreed to purchase most of Chicago-based Merrill Lynch Capital, Merrill Lynch and Co., Inc.'s (NYSE: MER) wholly-owned middle-market commercial finance business. Financial terms were not disclosed.


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Press Release

GE Healthcare announces its first healthcare Public Private Partnership in India

December 22, 2007

*GE Healthcare hopes to implement this model across the country with leading institutions;
*GE Healthcare in conjunction with Sanya Hospitals and Diagnostic Centre to establish a new Diagnostic Imaging facility under a public private partnership with the Government of Madhya Pradesh ;
*Rs 80 million partnership will provide diagnostic imaging services using some of the most advanced, hi- tech equipment available from GE Healthcare. The partnership aims to significantly reduce treatment cost by approximately 30-50% for disadvantaged patients.


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Press Release

GE Healthcare Announces Expansion of Nuclear Cardiology Portfolio for Medical Diagnostics Business

December 21, 2007

PRINCETON, N.J.--(BUSINESS WIRE)--GE Healthcare, the worldwide leader in Diagnostic Imaging Technologies, announced today that it has entered into an agreement with DRAXIMAGE, a division of DRAXIS Health Inc. (NASDAQ:DRAX) (TSX:DAX) of Montreal, Canada, to become the exclusive distributor of DRAXIMAGE® Sestamibi upon its approval by the U.S. Food and Drug Administration (FDA) and the expiration of the primary innovator patent.


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