GE Global Research Scientists Leading the Charge toward the Latest Innovations in Clean Energy.

Business Editors

CAMBRIDGE, Mass.--(BUSINESS WIRE)--Sept. 15, 2003

Michael Bowman Named One of the World's Top Young Innovators

by Technology Review, MIT's Magazine of Innovation

GE Global Research, the centralized research organization of General Electric (NYSE: GE) today announced that Michael Bowman, manager of the energy systems laboratory, has been named to the 2003 list of the world's 100 Top Young Innovators by Technology Review, MIT's Magazine of Innovation. The TR100, chosen by the editors of Technology Review and an elite panel of judges, consists of 100 individuals under age 35 whose innovative work in technology has a profound impact on today's world. Nominees are recognized for their contributions in transforming the nature of technology in industries such as biotechnology, computing, energy, medicine, manufacturing, nanotechnology, telecommunications and transportation.

Since the beginning of his career, Bowman has dedicated himself to discovering, developing and effectively implementing clean power generation technologies for the energy and transportation industries. Some of his greatest achievements include:

-- Leading the charge to uncover and create the best methods to

produce hydrogen - one of the most promising fuels for clean

energy in the world, and what many see is critical to a

pollution-free world.

-- Spearheading GE's microturbine program from the exploratory

phase through commercialization, which resulted in the highest

efficiency microturbine ever developed.

-- Developing, testing and patenting an electrically assisted

turbocharger for locomotives and diesel semi-trucks to help

overcome turbo lag in reciprocating engines, which allows for

the engines to run cleaner and more efficiently.

-- Working with a team to eliminate "coking" in the combustor of

gas turbines to increase efficiency and decrease emissions

from both power plants and aircraft engines.

"GE's scientists and engineers are focused on developing technologies that solve real-life challenges and improve the world around us," said Scott Donnelly, senior vice president of GE Global Research. "Alternative energy is a key research area for GE, and Michael is a great example of how our scientists are using their passion for clean energy technologies to identify new platforms and build real products that set the stage for the future of power generation. Michael is one of GE's top innovators, and a great choice for Technology Review's World's TR100."

Other areas of alternative energy research at GE include:

-- Wind Energy

-- Photovoltaic (Solar Power)

-- Biomass

-- Microturbines

-- Solid Oxide Fuel Cells

-- Hydrogen Energy

Michael was selected to the TR100 by a panel of judges, which includes Vinton Cerf, WorldCom Corporation; David Tennenhouse, Intel; Dr. Gordon Bell, Microsoft; Christina Lampe-Onnerud, TIAX; Stephen Quake, California Institute of Technology; Rodney Brooks, MIT CSAIL; and George Whitesides, Harvard University.

"Innovation and technological change are essential to worldwide economic growth. Now, more than ever, it's important to recognize that there is no one technology driving the next wave of success, but rather several that, when fused together, will create another era of significant change for our society. Each member of this year's TR100 is actively developing the emerging technologies that we feel will profoundly impact our world in the century ahead," said Robert Buderi, editor-in-chief of Technology Review.

Bowman will be honored September 24-25 at The Emerging Technologies Conference at MIT. The event features keynotes, panels and breakout discussions on the transformative technological innovations that have the potential to fuel new economic growth and dramatically change the future.

About GE Global Research:

GE Global Research is one of the world's most diversified industrial research labs, providing innovative technology for all of GE's businesses. Global Research has been the cornerstone of GE technology for more than 100 years, developing breakthrough innovations in areas such as medical imaging, energy generation technology, jet engines and lighting. GE Global Research is headquartered in Niskayuna, New York and has facilities in Bangalore, India, Shanghai, China and Munich, Germany. Visit GE Global Research at www.research.ge.com.

About Technology Review Inc.:

Technology Review Inc., an MIT Enterprise, delivers essential information about emerging technologies on the verge of commercialization. Since 1998, paid circulation for the company's magazine, Technology Review, has more than tripled, climbing from 92,000 to 315,000. Combined with its signature events, newsletters, and online businesses, Technology Review reaches over a million senior technology thinkers and influencers - including venture capitalists, chief scientists, MIT alumni and students, researchers, senior corporate executives, investors, and innovators - throughout the world each month.