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Press Release

GE Capital Fleet Services Names Chief Strategy and Product Development Leader, Sees Near-term Opportunities to Accelerate Innovation

March 24, 2010

EDEN PRAIRIE, Minn.--Wednesday, March 24, 2010-- GE Capital today announced the appointment of Deb Frodl as Chief Strategic and Product Development Leader of GE Capital's Fleet Services business. Frodl will be responsible for driving strategy, product development, marketing and strategic alliances.


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GE to Increase Availability of Global Wireless Network Coverage with New Backup Power System

March 23, 2010

Company Unveils Durathon Next Generation Base Station Battery for Telecom Applications

Las Vegas, Nevada (March 23, 2010) -- GE Energy Storage Technologies, a unit of GE Transportation, introduced the Durathon battery, the next generation of industrial energy storage for the telecom industry, today at the CTIA Wireless exhibition in Las Vegas, Nevada. 


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GE Appoints Four Company Officers

March 23, 2010

GE today announces the appointment of four new company officers. GE currently has 191 GE officers globally, who lead large revenue generating businesses or are in critical functional roles, helping to drive growth.

Below is the list of GE's four new officers:

Elyse Allan, 53, is president & CEO of GE in Canada. She was appointed to this leadership position in October 2004 with a mission to grow GE's businesses in Canada and to advance the company's leadership in infrastructure, technology, media and financial services.


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GE Capital, Franchise Finance Lends $3.5MM to Wendy's Fast Food Franchisee, New-Wen, Inc.

March 23, 2010

Funding allows for remodeling, purchasing of underlying land, and refinancing

SCOTTSDALE, Ariz.--Tuesday, March 23, 2010-- GE Capital, Franchise Finance recently provided a $3.5 million credit facility to New-Wen, Inc., owners and operators of six Wendy's units in Ohio. New-Wen used the proceeds to refinance its existing debt structure in order to help in remodeling some restaurants and to purchase the underlying land at one of their existing Wendy's locations.


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National Survey: Americans Feel a Smart Grid Will Help Reduce Power Outages, Personal Energy Usage

March 23, 2010

Additional Consumer-Friendly Education Needed as Only 4 Percent of Respondents "Really Familiar" with Smart Grid Benefits and Challenges

ATLANTA--Tuesday, March 23, 2010-- Even though many U.S. consumers are in the dark when it comes to knowledge about smart grid innovations, those who are enlightened about the technology's capabilities are ready to upgrade---especially when their lights are out.


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GE Healthcare Receives Prestigious Respiratory Care Honor

March 19, 2010

Company celebrates Zenith Award for respiratory care products and services

MADISON, WI -- March 19, 2010 -- GE Healthcare (NYSE: GE) was recently named one of five companies to receive the Zenith Award from the American Association for Respiratory Care (AARC).  The prestigious award is given to outstanding companies that provide products and services to the respiratory care profession. The award was presented during the AARC's 55th International Respiratory Congress in San Antonio in December 2009.


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GE Capital is Co-Lender for $105 Million Credit Facility to Timberland Owner and Operator JWTR

March 18, 2010

NORWALK, Conn.--Friday, March 19, 2010-- GE Capital, Corporate Finance today announced it is sole lender for a $50 million asset-backed credit facility, which is part of an overall $105 million facility provided to JWTR, a timberland owner and operator. GE Capital Markets served as lead arranger for the incremental $55 million facility. The facility will be used to refinance existing debt.


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GE Hitachi Nuclear Energy Taps New Global Government Relations Leader

March 18, 2010

Capitol Hill Veteran Ruth Ravitz Smith to Coordinate GEH's U.S., Global Government Outreach

WILMINGTON, N.C.--Thursday, March 18, 2010-- GE Hitachi Nuclear Energy (GEH) recently appointed Ruth Ravitz Smith as its senior vice president of global government relations.

In her newly created position, Smith is responsible for leading GEH's interactions with governments around the world, enhancing their understanding of the company's role as a global leader in nuclear energy technology for more than 50 years.


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GE Sees Bright Future for Thin Film Solar Technology

March 18, 2010

Increasing Investment in Promising Thin Film Photovoltaic Technology; Engaging Global Resources to Deliver Best-in-Class Product


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GE Capital Provides $31.5 Million to Harden Healthcare, LLC

March 18, 2010

BETHESDA, Md.--Thursday, March 18, 2010-- GE Capital, Healthcare Financial Services has provided $31.5 million as part of a $145 million senior secured credit facility for Harden Healthcare, LLC. Harden will use the proceeds of the financing to provide additional growth capital and to refinance its existing debt facilities. GE Capital is the administrative agent for the credit facility. GE Capital Markets served as co-lead arranger and joint bookrunner.


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