Monday, December 31, 2007

Recent Press Releases: New Officers, GE Money, GE Corporate Lending, GE Capital, NBC Universal, and GE Commercial Finance

GE Appoints Six Company Officers
GE today announces the appointment of six new company officers. GE currently has 189 GE officers globally...

GE Money, Yes! Solar SolutionsTM Create New Financing Program for Solar Energy Solution
GE Money and Yes! Solar SolutionsTM, a retail outlet for solar-powered modules and panels, today announced a new multi-year relationship to provide revolving and installment consumer loans on solar products...

GE Corporate Lending Provides $325 Million to Sportsman’s Warehouse
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...

GE Capital to Acquire Most of Merrill Lynch Capital
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...

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

GE Contributes $200,000 to Charities from NBC Universal’s "Clash of the Choirs" - Local Oklahoma charity to receive $50,000
GE announced today that it would donate a total of $200,000 to four charities during the two-hour season finale of NBCU’s live competition show, “Clash of the Choirs.”

GE Contributes $200,000 to Charities from NBC Universal’s "Clash of the Choirs" - Local Houston charity to receive $50,000
GE announced today that it would donate a total of $200,000 to four charities during the two-hour season finale of NBCU’s live competition show, “Clash of the Choirs.”

GE Contributes $200,000 to Charities from NBC Universal’s "Clash of the Choirs" - Local Philadelphia charity to receive $50,000
GE announced today that it would donate a total of $200,000 to four charities during the two-hour season finale of NBCU’s live competition show, “Clash of the Choirs.”

GE Contributes $200,000 to Charities from NBC Universal’s "Clash of the Choirs" - Local New Haven charity to receive $50,000
GE announced today that it would donate a total of $200,000 to four charities during the two-hour season finale of NBCU’s live competition show, “Clash of the Choirs.”

GE Commercial Finance and Allied Capital Launch $3.6 Billion Unitranche Fund LLC
GE Commercial Finance and Allied Capital (NYSE: ALD) announced today that they have partnered to form a $3.6 billion senior secured unitranche loan fund...

Recent Press Releases: GE Energy, GE Healthcare, GE Energy Financial Services, NBC, GE Aviation, and GE Fanuc

GE's Birchwood Power Facility Receives International Habitat Conservation Award
Employees at GE Energy Financial Services' Birchwood Power Facility in King George, Virginia received international recognition for their contributions to wildlife habitat conservation at the Wildlife Habitat Council's (WHC) 19th Annual Symposium...

GE Energy Receives Largest Jenbacher Gas Engine Order
GE Energy has received its largest order ever for Jenbacher gas engines to support a major rural electrification initiative in Bangladesh

GE Healthcare Financial Services Closes $123.5 Million Deal with Ambulatory Services of America, Inc.
GE Healthcare Financial Services has provided $123.5 million in senior credit facilities to Ambulatory Services of America, Inc. of Nashville, Tennessee. The senior debt financing includes a $20 million revolving line of credit...

Confirma And GE Healthcare Expand Strategic Partnership
Confirma®, pioneer and leader in application-specific CAD for MRI, announced today that Confirma and GE Healthcare, the $17 billion global leader in medical imaging and information systems, have expanded their strategic partnership to offer Confirma service to GE Healthcare customers with CADstream...

GE Unit Expands in Latin America, Makes First Equity Investment and Serves as Lead Arranger with WestLB in Offshore Drilling Deal
In its first equity investment in offshore drilling, GE Energy Financial Services, a unit of GE (NYSE: GE), announced today that it will invest $54 million and co-finance the acquisition of a ship drilling for oil in deep water off the coast of Brazil...

GE Presents $250,000 Contribution to Disabled American Veterans on NBC Universal’s “Clash of the Choirs”
GE today announced a $250,000 contribution to the Disabled American Veterans (DAV) whose primary mission is to help build better lives for disabled veterans and their families...

GE Aviation Selects Kansas State for New University Development Center
GE Aviation today announces the selection of Kansas State University for a University Development Center to be located in Manhattan, Kansas...

GE Corporate Lending Provides $100 Million Trade Accounts Receivable Securitization to Rexnord Funding LLC
GE Commercial Finance Corporate Lending today announced it provided a $100 million trade accounts receivable securitization to Rexnord Funding LLC, a leading supplier of

Xinneng Energy Ltd. Implements Proficy Process Systems
GE Fanuc Intelligent Platforms, a unit of GE Enterprise Solutions, today announced that Xinneng Energy Ltd., a leading supplier of energy-chemical products and services...

GE Fanuc Intelligent Platforms Extends Range of VMEbus Gigabit Ethernet Switches With IPv6 capability
Reaffirming the company’s commitment to delivering leading edge solutions for the VME environment, GE Fanuc Intelligent Platforms today announced two new...

Recent Press Releases: Guidance, GE Energy, GE Fanuc, and GE Healthcare

GE Reaffirms Fourth-Quarter and Full-Year 2007 EPS Guidance
GE (NYSE: GE) reported today that it expects to have a strong finish to the year with earnings per share (EPS) growth of 14-18% to $.67-. 69 per share and strong orders growth of 15% for the fourth quarter 2007. For the year, GE expects...

GE Energy Receives Order for 20 Jenbacher Gen-Sets to Support Argentina’s Regional Energy Supply Needs
GE Energy is supplying 20 natural gas-fueled Jenbacher generator sets for a new 30 MW power plant being built to support the regional grid as well as oil and gas...

GE Energy to Provide Four LMS100 Gas Turbines to Three Latin American Power Companies
In response to a growing need for flexible power generation in the Southern Cone of Latin America, GE Energy has received contracts with three companies totaling over...

GE Energy to Supply 333 Wind Turbines for Projects in Two States
GE Energy has received a contract of approximately $650 million to provide 333 wind turbines to Noble Environmental Power for new and expansion projects in New York and Texas...

Exelon Nuclear Signs Agreement with GE Hitachi for Major Components for Two ESBWR Nuclear Reactors in Texas
Illinois-based Exelon Nuclear, the nation’s largest nuclear operator, has signed a major, multi-million dollar order with GE Hitachi Nuclear Energy...

GE Fanuc Intelligent Platforms Announces 6U CompactPCI 24-port NETernity™ Gigabit Ethernet Switches
Confirming the company’s leadership in developing state of the art solutions for advanced communications applications, GE Fanuc Intelligent Platforms today announced...

Regency Energy Acquires Gas Gathering System from Affiliate of GE Energy Financial Services
Regency Energy Partners LP (NASDAQ:RGNC) has agreed to acquire FrontSteet Hugoton, LLC from an affiliate of GE Energy Financial Services, a unit of GE (NYSE:GE), and FrontStreet EnergyOne, LLC, for approximately $139 million, expanding Regency’s asset...

GE to Webcast December 11 Investor Outlook Meeting
GE (NYSE: GE) will Webcast its annual December outlook meeting with investors...

GE Healthcare Accelerates Growth of Compact Ultrasound and Expands Use of Emerging Patient Applications: New Editions Designed Specifically for Emergency Medicine and Anesthesia Delivery
GE partnered with anesthesiologists, emergency medicine physicians and other fields of medicine to design new editions of its LOGIQ e compact and a new edition of the LOGIQ Book XP Enhanced compact, as part of its Breakthrough 2008 ultrasound...

GE Announces Further Dose Reduction Improvements in CT
Meeting the growing demand for dose management, GE Healthcare now offers improved dose reduction results for both diagnostic cardiac and neuro perfusion CT exams...

Sunday, December 9, 2007

Recent Press Releases: Microwave Oven Recall, Water, Fanuc, Money, Antares, and Energy

General Electric Recalls Microwave Combo Wall Ovens Due to Fire Hazard
The U.S. Consumer Product Safety Commission, in cooperation with the firm named below, today announced a voluntary recall of the following consumer product. Consumers should stop using...

GE’s ZeeWeed Ultrafiltration Membranes Selected for World’s Largest Retrofit and Expansion of Municipal Drinking Water Plant
GE’s ecomagination-certified ZeeWeed advanced membrane technology has been selected for a 100.4 million gallons per day (MGD) (380 ML/d) retrofit and expansion of the Lorne Park Water Treatment Plant...

GE Fanuc Intelligent Platforms Announces XMC/PMC Digital Transmitter Module
Once again demonstrating the company’s leadership in the development of advanced, high performance solutions for Software Defined Radio (SDR) applications, GE Fanuc Intelligent Platforms today announced the...

City Furniture Renews Consumer Financing Program with GE Money
GE Money and City Furniture today announced a multi-year extension of their consumer financing agreement, originally formed in 1990. The City Furniture Card program is managed by GE Money’s Sales Finance unit and provides...

Elected Officials, Business and Municipal Leaders to Discuss Georgia Water Strategies and Solutions
Elected Officials, Business and Municipal Leaders to Discuss Georgia Water Strategies and Solutions...

GE Antares Provides Senior Credit Facility for A Leading Producer, Marketer, and Distributor of High Quality, Ready-to-Eat Smoked Meat Products
GE Antares Capital today announced it served as administrative agent for a senior secured credit facility to support the acquisition of

GE Energy Investing $50 Million to Double Steam Turbine and Generator Manufacturing and Engineering Capacities'
GE Energy (NYSE: GE) expects to invest roughly $50 million to increase supply chain and engineering capacity and will more than double its global capabilities to meet steam turbine demand around the world, company officials announced today. Output will be expanded across...

Recent Press Releases: Aviation, Commercial Finance, Hispanic Forum, Energy, and Fanuc

GE Aviation Expands in Houghton Michigan
GE Aviation today announces an expansion for the University Development Center facility located in Houghton, Michigan. The new facility...

GE Commercial Finance Appoints Tom Regan to Head Sponsor Coverage for Media, Communications & Entertainment Business
GE Commercial Finance today announced it has appointed Managing Director, Thomas W. Regan, 48, to serve as group head of sponsor coverage for its Media, Communications & Entertainment...

GE Aviation Teams With L-3 for USAF KC-10 Aircraft Extension Program
GE Aviation recently signed an exclusive teaming agreement with L-3 Communications for the United States Air Force KC-10 AMP Aircraft Extension Program...

GE Hispanic Forum to Host U.S. Commerce Secretary Carlos M. Gutierrez at Discussion of the Benefits of Global Trade
Secretary Carlos M. Gutierrez will discuss the benefits of open markets to the economy in Los Angeles, CA, on Thursday, November 29, 2007 at the GE Hispanic Forum Leadership Summit. Secretary Gutierrez will be joined by Fabiola Sojet, national executive, GE Colombia...

GE Energy Solar Technology to Help Light Rockefeller Center Christmas Tree
GE Energy (NYSE: GE) has supplied 363 roof-mounted solar panels at the top of 45 Rockefeller Plaza in New York City that will help generate electricity for the first solar powered Rockefeller Center Christmas Tree. The Christmas tree is decorated with 30,000 new energy-efficient LED lights...

GE Fanuc Intelligent Platforms AdvancedTCA IP Packet Processor Blade Delivers Superior Price/Performance
Raising the price/performance bar yet again in demanding telecommunications applications, GE Fanuc Intelligent Platforms today announced the AT2-5800 IP Packet Processor Advanced TCA Blade. Featuring two high performance Cavium OCTEON™ Plus...

Recent Press Releases: GE Fanuc, Corporate, Healthcare, Wind, Transportation, Army, Aviation, and Aerospace

GE Fanuc Intelligent Platforms Announces World’s First COTS VXS Serial RapidIO Managed Switch
In line with the company’s strategy of developing the broadest range of high performance multiprocessing solutions for the 6U VME architecture, GE Fanuc Intelligent Platforms today announced the CRX800, which is the world’s first VXS (VITA41.2) compliant Serial RapidIO...

GE Fanuc Intelligent Platforms Announces ‘Highest Performance’ VXS Multiprocessor
Setting a new standard in price/performance for demanding signal- and data processing applications, GE Fanuc Intelligent Platforms today announced the...

GE Corporate Lending Provides $400 Million Trade Accounts Receivable Securitization to Cummins Inc.
GE Commercial Finance Corporate Lending today announced it provided a $400 million trade accounts receivable securitization to...

SpinalMotion Closes $14 Million Loan Facility With GE Healthcare Financial Services
SpinalMotion, developer of two investigational artificial discs for treating patients with degenerative disc disease, has closed a $14 million loan facility with GE Healthcare...

TPI’s New Facility Will Expand GE’s Capability to Meet Growing Demand for Wind Turbines
Reinforcing its capability to meet the growing global demand for wind turbines, GE Energy has signed an agreement with one of the leading wind turbine blade suppliers, TPI Composites. In support of the agreement...

GE Announces OptiSonde™ Chilled Mirror Hygrometer
GE Sensing & Inspection Technologies announces the OptiSonde™ humidity indicator, transmitter and data logger. The OptiSonde is the first chilled mirror hygrometer to offer the precision and repeatability...

GE Healthcare Financial Services and Haemonetics Sign Vendor Financing Agreement
GE Healthcare Financial Services signed a vendor financing agreement with Haemonetics Corporation, a global healthcare company dedicated to providing innovative blood management solutions. Under the agreement, GE Healthcare Financial Services will provide...

GE Unveils Clinician-Driven Future of CT; HD Technologies
High-Definition (HD) technology is coming into every facet of our lives. It’s used in the electronics in our homes, the radios in our cars and may be coming soon to the health care providers we depend on...

Freightliner Group Orders 30 Locomotives From GE – Transportation for UK Market
GE – Transportation is developing a new freight locomotive in partnership with Freightliner Group. The collaborative effort called “Project Genesis” marks a new beginning for both companies...

GE Healthcare Re-Imagines Radiology at RSNA Conference; Company Showcases Innovative Technologies That Enable ‘‘Early Health’’ Model of Care
GE Healthcare, a unit of General Electric Company (NYSE:GE), today kicked off its participation in the 2007 Radiological Society of North America (RSNA) conference in Chicago with a focus on a prominent displays of the company’s “Radiology Re-imagined” theme along prominent...

Company Profile for GE Sensing & Inspection Technologies
GE Sensing & Inspection Technologies is part of GE Enterprise Solutions, an $11.6 billion business helping customers compete and win in a changing global environment by combining the power of GE’s unique expertise and intelligent technology to drive customers’ productivity and profitability...

GE Awarded Advanced Affordable Turbine Engine Contract by U.S. Army
GE has been awarded a multi-million dollar contract by the U.S. Army covering the next phase of the Advanced Affordable Turbine Engine (AATE) program. Under this contract, GE will continue to collaborate with the Army and invest in state-of-the-art engineering...

GE Money and Joe’s Sports & Outdoor Gear up Consumer Finance Program
GE Money and Joe’s Sports & Outdoor, one of the top 50 sporting goods retailers in the U.S.,
today announced a five-year agreement to provide the Joe’s Sports & Outdoor credit card. The Sport Finance Program, managed by GE Money’s Sales Finance unit, will be available...

GE Fanuc Intelligent Platforms Announces GHz Digital Receiver PMC/XMC Module
Confirming the company’s leadership in high performance analog to digital conversion (ADC) solutions, GE Fanuc Intelligent Platforms today announced the ICS-8551 rugged ADC PMC/XMC module. Designed for deployment in harsh environments, the ICS-8551 offers both two- and four-channel operation with sampling ...

Wipro Technologies and GE Fanuc Collaborate to Offer Solutions for Consumer Products and Pharmaceutical Companies
Wipro Technologies, the global IT services business of Wipro Limited (NYSE:WIT) and GE Fanuc Intelligent Platforms, a unit of GE Enterprise Solutions, today announced that they will work together globally to provide the CPG and Pharmaceutical industry with solutions...

CF6 Upgrade Program Available for Northrop Grumman KC-30
The recently-launched technology upgrade program for the CF6 engine is part of the package offered by Northrop Grumman KC-30 for the United States Air Force KC-X tanker replacement program. Northrop Grumman selected the CF6 in March 2007...