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GE Donates $1 Million to National Underground Railroad Freedom Center plus Thousands of Candles to Help Light Freedom's Flame

June 11, 2002

GE Donates $1 Million to National Underground Railroad Freedom Center plus Thousands of Candles to Help Light Freedom's Flame CINCINNATI--(BUSINESS WIRE)--June 11, 2002-- Everyone who attends June 17 groundbreaking will receive `candle' On the evening of Monday, June 17, thousands of lights will shine at the Ohio riverfront groundbreaking celebration for the National Underground Railroad Freedom Center.


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ARAB National Bank Selects GE Global Exchange Services for E-Business Initiative; GXS Helps ANB Strengthen Business Relations with Middle East and Asia Correspondent Banks

June 11, 2002

Riyadh, KSA, June 11, 2002 ---- Arab National Bank (ANB), a leading Saudi commercial bank, has chosen GE Global eXchange Services (GXS), a leader in business-to-business internet commerce, to provide the software and services for a major e-business initiative.

The bank will use GXS's Saudi*Tradanet, an electronic transaction engine, and GXS's Application Integrator, a mapping and translation tool, to provide seamless exchange of information between ANB and its 17 correspondent banks in Asia and the Middle East.


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GE Silicones Announces New Industrial, Mildew-Resistant Sealant; Application Versatility for Product Manufacturing and Maintenance

June 06, 2002

WATERFORD, N.Y.--(BUSINESS WIRE)--June 6, 2002--GE Silicones today announced the introduction of a new mildew-resistant line of silicone products, the IS700 Series Sanitary Sealants.
IS700 sealants are weather-resistant sealing and bonding products for use in the manufacturing and maintenance of pools, spas, recreational vehicles and many other applications. IS700 sealants are one-part silicone rubber, can resist the effects of mildew when exposed to moist and humid environments, and offer excellent adhesion to glass, many metals and plastics.


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GE Announces New Predictive Service Offering Designed to Improve Equipment Reliability and Lower Maintenance Costs

June 05, 2002

DULUTH, Ga.--(BUSINESS WIRE)--June 5, 2002--GE Industrial Systems announced today the launch of a new service offering - GE's Predictor(TM) Services. This service is designed to improve equipment reliability and reduce maintenance costs with the use of predictive technology.
This technology enables a customer to go from a reactive or preventive maintenance strategy to a predictive one using current and historical equipment data as part of the overall service fulfillment.

GE then models the performance of equipment to predict and prevent failures.


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Karen C. Tripp Assumes Communications Leadership Role At GE Aircraft Engines

June 03, 2002

Karen C. Tripp Assumes Communications Leadership Role At GE Aircraft Engines EVENDALE, Ohio--(BUSINESS WIRE)--June 3, 2002--Karen C. Tripp has formally assumed the position of general manager, global communications, for GE Aircraft Engines (GEAE).


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GE Silicones Introduces New FDA Compliant, Low Durometer Elastomer for Cushioning

May 31, 2002

WATERFORD, N.Y.--(BUSINESS WIRE)--May 31, 2002--GE Silicones today announced the introduction of the Company's softest liquid injection moldable rubber, LSR2005 elastomer.
New LSR2005 elastomer is a silicone material with gel-like consistency for use in cushioning and soft touch applications ranging from shoe insoles and external prostheses to pad printing and office machine rollers.


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GE Lighting Participates in Effort to Bring New Life to the Nation's Largest World War I Monument

May 24, 2002

CLEVELAND--(BUSINESS WIRE)--May 24, 2002--Kansas City's Beacon of Freedom, the Liberty Memorial, is Ready to Shine Again... After being closed for more than seven years due to disrepair, the nation's largest monument to World War I, the Liberty Memorial, will reopen in Kansas City, Missouri on Saturday, May 25, 2002. In 1998, an enormous restoration effort was undertaken to bring the memorial back to its original splendor...with a lighting system that is sure to awe spectators.


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Best Buy Selects GE Global eXchange Services to Provide E-Business Transaction Services

May 22, 2002

SALT LAKE CITY--(BUSINESS WIRE)--May 22, 2002--

GXS to help Best Buy Co., Inc. streamline e-business processes and reduce supply chain costs


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Olympic Champion Sarah Hughes to Become GE Spokesperson

May 14, 2002

FAIRFIELD, Conn.--(BUSINESS WIRE)--May 14, 2002--GE announced today that Sarah Hughes, the 2002 Olympic Gold Medallist in Women's Figure Skating, will join the Company in a multi-year partnership as a GE spokesperson.
Sarah will participate in a number of GE-sponsored events to increase public awareness regarding health issues, with particular emphasis on their impact on women and children. Sarah will also serve as a GE "ambassador" at selected community events, especially those targeted to educational outreach.


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GE Industrial Systems to Acquire Druck Holdings plc

May 10, 2002

PLAINVILLE, Conn.--(BUSINESS WIRE)--May 10, 2002--GE IndustrialSystems, a division of the General Electric Company (NYSE:GE), announced today that it has agreed to acquire Druck Holdings plc (LSE: DRK).

Established in 1972, Druck is a world leader in the application of advanced silicon sensor technologies for pressure measurement and control. The new entity will remain known as Druck. The transaction, which is subject to government approvals and other customary conditions, is expected to close by the end of June.


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