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Press Release

Federal Appeals Court Releases Decision in GE Patent Dispute with Mitsubishi

February 29, 2012

Washington, D.C.---February 29, 2012---Today the U.S. Court of Appeals for the Federal Circuit released its decision regarding GE's (NYSE: GE) patent dispute against Mitsubishi Heavy Industries, Ltd. (MHI) for certain wind turbine technologies that GE alleged MHI infringed. The Court reversed the International Trade Commission's (ITC) ruling with regard to the '985 patent, and affirmed with regard to the '221 patent. GE spokesman Chet Lasell released the following statement:


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Press Release

GE Energy Financial Services More Than Doubles Global Solar Power Investments to $1.4 Billion, for $5 Billion in Projects

February 29, 2012

Latest Investment: 127-Mw Arizona Solar Power Plant


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Marine Industry's Steady Growth to Continue, GE Capital Survey Reveals

February 29, 2012

Consumers expected to spend on lower-cost models

HOFFMAN ESTATES, IL -- After several choppy years, marine industry participants believe they're heading in the right direction, according to survey results released today by GE Capital's Commercial Distribution Finance (CDF) business.


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Press Release

GE Capital Closes $3 Million Term Loan Facility for MedShape, Inc.

February 28, 2012

BETHESDA, MD -- February 28, 2012 --- GE Capital, Healthcare Financial Services announced today that it was sole lender and administrative agent on a $3 million multi-draw senior secured term loan facility to MedShape, Inc. The financing will be used for general working capital purposes.


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GE Energy Introduces a New End-to-End Fault Detection, Isolation and Restoration Reliability Improvement Solution

February 27, 2012

GE Energy's Distribution Automation Reliability Improvement Solution Improves Distribution System Reliability and Customer Uptime


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GE Capital Offers New Research into Lawn, Golf and Turf Equipment Industries

February 27, 2012

HOFFMAN ESTATES, IL -- GE Capital, Americas has launched a new quarterly Industry Research Update for the lawn, golf and turf equipment industries in advance of two important industry events, the Outdoor Power Equipment and Engine Service Association (OPEESA) Annual Meeting taking place Feb. 26-29 in Phoenix, and the Golf Industry Show (GIS) taking place Feb. 29-March 1 in Las Vegas.


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GE Capital Retail Bank and Pep Boys Renew Consumer Financing Agreement

February 27, 2012
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GE Energy Launches Grid IQ™ Network Communications Platform, an End-to-End, IP-Based Network Infrastructure Solution for Grid Applications

February 27, 2012

GE's Grid IQ Network Communications Platform Enables Global Utilities to Efficiently Build and Deploy Grid Modernization Systems


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GE Capital, Financement De Franchises Accorde 19 Mm $ à Original Joe's Franchise Group Pour L'acquisition D'elephant & Castle Group

February 23, 2012

Montréal --- GE Capital, Financement de franchises a annoncé aujourd'hui qu'elle a récemment accordé une facilité de prêt à terme de 19 millions $ à Original Joe's Franchise Group, Inc. pour appuyer l'acquisition de tous les actifs d'Elephant & Castle Group, Inc. à la suite d'une faillite.


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GE Capital, Franchise Finance Provides $19MM to Original Joe's Franchise Group to Acquire Elephant & Castle Group

February 23, 2012

Montreal --- GE Capital, Franchise Finance announced today that it has recently provided a $19 million senior term loan facility to Original Joe's Franchise Group, Inc. to support the acquisition of all of the assets of Elephant & Castle Group, Inc. out of bankruptcy.

Derek Doke, majority owner, Original Joe's Franchise Group, Inc., said, "We know from our existing relationship with GE Capital that they bring a lot of expertise in restaurant financing to each transaction. We are very pleased with this outcome."


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