GE Tuesday Technology Brief

Business Wire, June 5, 2001

1.  GE F TECHNOLOGY UPDATE: OVER 1100 UNITS ORDERED; INSTALLED FLEET
    SURPASSES FOUR MILLION FIRED HOURS

2.  GE MORTGAGE INSURANCE ENHANCES AU CENTRAL, ADDING LOAN
    PROSPECTOR(R), OTHER FEATURES

3.  FIRST H SYSTEM SET FOR INSTALLATION THIS SUMMER AT BALGAN BAY
    POWER STATION IN SOUTH WALES

4.  GE UNVEILS NEW ON-LINE COMMUNITY FOR ULTRASOUND USERS

5.  GE POWER SYSTEMS ADDING NEW FEATURES TO OUTAGE OPTIMIZER; POWERFUL
    ONLINE TOOL ATTRACTING WIDESPREAD USE

6.  GE INDUSTRIAL SYSTEMS INTRODUCED EX2100 EXCITATION CONTROL

7.  HEALTHCARE PROVIDERS USE INNOVATIVE WEB-BASED TRAINING TO LEARN
    STATE-OF-THE-ART MEDICAL EQUIPMENT AND PROCEDURES



  [pilcrow (paragraph sign)] HEALTHCARE PROVIDERS USE INNOVATIVE WEB-BASED
TRAINING TO LEARN
          STATE-OF-THE-ART MEDICAL EQUIPMENT AND PROCEDURES

      Clinicians now have an innovative online training program that
simulates patient bedside monitoring, so they can learn anytime and
anywhere how to use monitoring equipment when performing patient
procedures. The offering, approved by the American Association of
Critical Care Nurses certification corporation, compliments existing
training and signals a new wave in flexible, affordable continuing
education training for busy medical professionals.
      GE Medical Systems Information Technologies, in collaboration with
Massachusetts General Hospital (MGH), developed the advanced simulated
training, available now for continuing education credits for
clinicians. The educational tool features video clips, on-screen
demonstrations and simulations, and printable, step-by-step procedure
guides. The Web-based training was developed using GE's Six Sigma
program, a rigorous customer-driven quality initiative.
      "Web-based training is a powerful and timely answer to hospitals'
training needs, and GE is excited to offer it as a continuing
education credit for caregivers," said Kevin King, vice president and
general manager of Clinical Systems with Information Technologies. He
notes that nursing turnover is at a historic high across the United
States. "Traditional face-to-face instruction sometimes is difficult
and costly to provide because there is a constant influx of new staff,
and all personnel are pressed for time. This new offering acts as
another tool to compliment our existing training."
      The entire program is designed to take about two hours. Users can
complete individual sections, then return later to complete others.
After taking the course test, users can check their score and print
out documentation that they have passed.

Contact: Jennifer Christiansen, 414/362-2544,
Jennifer.Christiansen@med.ge.com

                                  ###


   GE F TECHNOLOGY UPDATE: OVER 1100 UNITS ORDERED; INSTALLED FLEET
                  SURPASSES FOUR MILLION FIRED HOURS

      The numbers continue to mount for the world's largest and most
experienced fleet of advanced technology gas turbines delivering
reliability and predictability.
      More than 100 orders or commitments for GE's F technology gas
turbines have been received to date this year, increasing to more than
1120 the number of orders or commitments for GE F-class machines
received worldwide since the technology was introduced.
      "We are delighted that our F-class machines, designed for maximum
reliability and efficiency with low maintenance, continue to be the
technology of choice of power generators worldwide who require large
blocks of power," said John Rice, president and chief executive
officer of GE Power Systems. "Consistently satisfying or surpassing
the most stringent emissions requirements at plant sites around the
world, our F machines meet the growing global demand for clean
energy."
      Introduced in 1986, GE's F-class gas turbines were the result of a
multi-year development program involving GE Power Systems, GE Aircraft
Engines and GE's Corporate Research & Development Center. The program
incorporated advanced cooling techniques, materials and coatings to
enable the F machines to operate at temperatures in the 1315(degree) C
(2400(degree) F) class, leading to increases in thermal efficiency.

Contact: Jeff Ignaszak, 770/859-7650, Jeffrey.Ignaszak@ps.ge.com

                                  ###


        GE MORTGAGE INSURANCE ENHANCES AU CENTRAL, ADDING LOAN
                    PROSPECTOR(R), OTHER FEATURES

      GE Mortgage Insurance recently announced further enhancements to
its popular AU Central System, adding Freddie Mac's Loan Prospectora
and Loan Prospector's Risk Grade Evaluation service to the online tool
along with other new features. AU Central now offers real-time access
to the two most widely used automated underwriting systems, making it
possible for lenders and their originators to decrease the time it
takes to receive underwriting evaluation reports dramatically. Loans
are evaluated in minutes.
      Part of GE Mortgage Insurance's ongoing effort to use Internet
technology to speed point-of-sale decision making and help its
customers become more productive, the new generation of AU Central
allows them to upload a single loan file for access to multiple AU
services. Users now can customize their preferred AU Central
investors, and view pipeline and filter data based on personal
preference. In addition, they now can download AU Central loans to an
LOS in Fannie Mae file format version 3.0.
      "The reaction to the growing functionality of AU Central has been
tremendous, and the new version gives users all the benefits they've
come to expect and more," said Richard Nastasi, Senior Vice President
and e-Business Leader for GE Mortgage Insurance. "In today's
ultra-competitive mortgage market, it provides speed and productivity
gains that mean better service for borrowers and a better bottom line
for our customers."
      AU Central eliminates the time wasted waiting for faxed or
e-mailed underwriting reports, providing secure, streamlined online
submissions and automated underwriting through Fannie Mae's Desktop
Underwritera, as well as Freddie Mac's Loan Prospectora. One of
several "Speed and Productivity" tools accessible through the GE
Mortgage Insurance web site, www.gemortgageinsurance.com, it provides
electronic delivery of AU findings and credit reports. GE Mortgage
Insurance commitments, if applicable, are also automatically issued in
a printable format for all Approve recommendations or Accept
evaluations.

Contact: Terry Souers, 919/846-4459, Terry_Souers@mortgage.ge.com

                                  ###


     FIRST H SYSTEM SET FOR INSTALLATION THIS SUMMER AT BALGAN BAY
                     POWER STATION IN SOUTH WALES

      GE Power Systems recently announced construction is well underway
at the Baglan Bay Power Station in South Wales, site of the world's
first GE H SystemTM.
      Designed as a GE global showcase for advanced power generation
technology, the Baglan Bay facility will start up in the summer of
2002.
      The 480-megawatt Baglan Bay Power Station, being developed by GE
on property leased from British Petroleum (BP) in Port Talbot, Wales,
will supply electricity and steam to industrial and commercial
facilities within the new Baglan Energy Park, with excess power bid
into the U.K. grid. The Energy Park, jointly developed by BP, the
Welsh Development Agency and the Neath Port Talbot County Borough
Council, is one of the largest single areas of industrial development
in the U.K.
      The cornerstone of the GE H System is the 50-hertz MS9001H gas
turbine which was shipped from GE's Greenville, SC gas turbine
manufacturing facility to Port Talbot in December of 2000.
On-foundation installation of the 9H gas turbine will begin in July,
with installation of the single-shaft combined-cycle unit's steam
turbine and generator to be completed during the summer.
      Following startup at the site, the H System will undergo
characterization testing through the summer of 2002, and a period of
operation to validate its long-term performance and capabilities. The
9H system is designed to be the first gas turbine combined-cycle
system in the world to break the 60% thermal efficiency, while meeting
the most stringent environmental standards.

Contact: Jeff Ignaszak, 770/859-7650, Jeffrey.Ignaszak@ps.ge.com

                                  ###


         GE UNVEILS NEW ON-LINE COMMUNITY FOR ULTRASOUND USERS

      GE Medical Systems recently announced a new on-line community for
users of its Ultrasound equipment at a meeting of approximately 200
healthcare professionals. The site can be accessed at
http://apps.gemedicalsystems.com/geCommunity/ultrasound/ultra_neighborhood.jsp.
      "We leveraged Six Sigma methodology to build a community that is
truly driven by the needs of physicians," said Peter Pellerito,
general manager GE's Ultrasound Business in the Americas. "Our
customers were telling us that they wanted to do business with a
company that provides them with more than just a quality imaging
system; they want to do business with someone that really understands
their business." "Physicians told us that they would rather spend
their time with patients than searching for information about how to
improve the any aspect of their business," said Pellerito. "We've
created a site that aggregates all of the information a physician
needs to conduct his practice-on both a clinical and business aspect."
      The Ultrasound Community site is free to all GE customers and
includes information on:

-   Reimbursement information utilizing a CPT calculator
-   Clinical application tips
-   Image optimization advice
-   Category One CME courses for physicians and Category Two CME
    courses for sonographers
-   Best practices from leading sonographers, imaging administrators
    and physicians.


Contact: Tom Beckman, 414/647-6613, Thomas.Beckman@med.ge.com

                                                        ###



  GE POWER SYSTEMS ADDING NEW FEATURES TO OUTAGE OPTIMIZER; POWERFUL
                ONLINE TOOL ATTRACTING WIDESPREAD USE

      GE Power Systems recently announced that several new functions are
being added to the Outage Optimizer, GE's powerful, online tool for
outage planning and asset optimization. Since it was launched in June
of 2001, the Outage Optimizer has produced more than $500 million in
orders, and has attracted more than 2,500 users at 600 customer sites.
      Outage Optimizer has been upgraded five times since it was
introduced. On June 15, these new features will be added to the site:

-        The ability to copy, revise and review a previous outage
         plan. For example, if the same combustion inspection outage
         is performed every year, the user can simply click on the
         previous event, change the dates and the new outage plan is
         completed.
-        A unit history tab allows customers, sales and service
         managers to post any document relating to their turbine on
         the website, including drawings, photos or outage reports.
-        Each outage plan also will contain a date and user stamp,
         allowing numerous people to collaborate on the event.

      The online site, accessed from www.gepower.com, enables owners of
GE gas and steam turbines to view how turbine-specific performance
improvement packages can increase output and efficiency. They also can
view turbine-specific recommended and optional services, repairs and
technical documents.
      Outage Optimizer puts GE's maintenance planning and service
solutions at the user's fingertips. "It vividly demonstrates how GE is
using the power of e-commerce and the Internet to help our customers
in the energy industry improve the performance and profitability of
their power plants," said Jean Michel Ares, CIO and E-Business Leader
of GE Power Systems.

Contact: Jeff Ignaszak, 770/859-7650, Jeffrey.Ignaszak@ps.ge.com



      GE INDUSTRIAL SYSTEMS INTRODUCED EX2100 EXCITATION CONTROL

      GE Industrial Systems recently announced the introduction of its
new EX2100(tm) turbine-generator excitation control.
      The EX2100 is a key component of GE's integrated control system,
which features the SPEEDTRONIC(tm) Mark VI Turbine Control and the GE
Human-Machine Interface (HMI). Initial application of the EX2100 is as
a static exciter for use on GE 7FA and 9FA gas turbines and associated
steam turbines in combined-cycle applications. It has triple modular
redundant (TMR) control and protection with warm backup configuration,
an advanced field ground detector, and integrated communication to the
Mark VI turbine control.
      With triple modular redundancy, processors, power supplies and
critical I/O are triplicated to reduce single points of failure. TMR
increases mean time between forced outages (MTBFO) and maximizes
uptime. The advanced field ground detector accurately determines the
location and magnitude of ac and dc grounds which supports pre-outage
planning and minimizes downtime. With communication to the Mark VI,
the turbine-generator island is completely integrated.
      The EX2100 can be operated using the GE Control System Toolbox or
the GE HMI when integrated with a Mark VI system. Both operator
interfaces are built on wizards, making start-up, operation,
diagnostics and maintenance quick and easy, and reducing commissioning
time. The EX2100 also meets CE standards.

Contact: Jeff Ignaszak, 770/859-7650, Jeffrey.Ignaszak@ps.ge.com


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      GE, with 2000 revenues of $130 billion, is a diversified
technology, services and manufacturing company with a commitment to
achieving customer success. GE operates in more than 100 countries and
employs 313,000 people worldwide. For more information, visit the
company's Web site at http://www.ge.com

      For more information about the GE Tuesday Technology Brief,
contact: Christian.Flathman@corporate.ge.com