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Press Release

GE Signs Five-Year, $116 Million Power Plant Service Alliance with TVA

July 19, 2010

Agreement Covers Four Sites, Targeting Long-Term Reliability and Efficiency

ATLANTA--19 July 2010-- GE (NYSE: GE) has signed a service alliance with the Tennessee Valley Authority (TVA), the nation's largest public power provider, covering four TVA power plants and valued at $116 million over the next five years. The alliance will help TVA meet its strategic needs by ensuring the long-term reliability, efficiency and cost-effective operation of its power generation equipment.


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Press Release

Biometrics Innovation Prepares GE Healthcare ePrescribing Customers for Emerging Legislation

July 19, 2010

Extra Layer of Authentication Meets Ohio Pharmacy Board's Strict Standards; Anticipates DEA Regulations for Prescribing Controlled Substances

BARRINGTON, Ill. -- JULY 19, 2010 -- Marking another significant milestone for GE Healthcare's information technology business, the Ohio Pharmacy Board has approved the company's advanced ePrescribing solution for use by the state's physicians. Ohio is the only state today requiring two-factor authentication.


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GE Reacts to Release of Meaningful Use Rules

July 14, 2010

Vishal Wanchoo, GE Healthcare IT's President and CEO, weighs in on the last two final rules for meaningful use, released to the public on 7/13/10.

BARRINGTON, Ill. -- We've reached a significant milestone with the release of the last two final rules providers will need to meet to demonstrate "meaningful use" of certified electronic health records (EHR), a significant step toward qualifying for the first phase of EHR incentives under the American Recovery and Reinvestment Act of 2009 (ARRA).


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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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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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Press Release

GE and FilterBoxx Sign Landmark Agreement to Advance Water Treatment Solutions for Oil Sands

July 12, 2010

Technology to Reduce Water Usage by 30 to 50 Percent

TREVOSE, PA.---July 12, 2010---Recognizing the importance of finding efficient and economical ways to recover heavy oil from the oil sands regions, GE (NYSE: GE) and FilterBoxx Water & Environmental Corp. have teamed up to develop innovative water treatment solutions.


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ArcLight Acquires 640-MW Georgia Power Plant with $98 Million in Financing Led by GE Energy Financial Services

July 12, 2010

SANDERSVILLE, Ga. & STAMFORD, Conn.--Monday, July 12, 2010-- ArcLight Capital Partners, LLC, through its wholly-owned affiliate AL Sandersville Holdings, LLC, has acquired a 640-megawatt generation facility located in Sandersville, Georgia from KGen Power Corporation for $130 million. GE Energy Financial Services, a unit of GE (NYSE: GE), closed financing as the lead lender of the $98 million in senior secured credit facilities partially financing the acquisition.


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GE Capital Fleet Services Awarded ASE Blue Seal of Excellence for 11th Year

July 07, 2010

Eden Prairie, Minn.- July 7, 2010 - GE Capital Fleet Services today announced it has been awarded the Blue Seal of Excellence from the National Institute for Automotive Service Excellence (ASE) for the 11th year. ASE, the industry-leading certification program for automotive professionals, awards the Blue Seal of Excellence to businesses that showcase highly qualified repair facilities and commitment to excellent services. Recipients are required to maintain a staff certification level of at least 75 percent.


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Wichita Clinic Chooses Stimulus Simplicity, GE

July 07, 2010

With more than 160 doctors covering 40 specialty care areas, state's largest physician owned multi-specialty care network becomes the latest to choose GE Centricity® solutions to help drive patient care enhancements and cost reductions.

BARRINGTON, Ill. -- July 7, 2010 -- With more than 160 doctors covering 40 specialty care areas, Kansas' largest physician-owned practice is the latest to choose GE Centricity® solutions to help drive patient care enhancements and cost reductions.


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GE Capital, Franchise Finance Lends $9 Million to D. G. Smith Enterprises, Inc., Taco Bell Franchisee

July 07, 2010

Funding used to refinance existing debt, acquire one Taco Bell unit, remodel existing stores

SCOTTSDALE, Ariz.--Wednesday, July 07, 2010-- GE Capital, Franchise Finance is providing $9 million in financing for D. G. Smith Enterprises, Inc., a Taco Bell franchisee based in Sacramento, California. The proceeds will be used to refinance existing debt, fund a store acquisition, and support remodeling at select locations. Financing was provided through the GE Capital Franchise Finance bank affiliate, GE Capital Financial Inc.


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