GE Money - Warranty Services Aligns with AppOne.

Warranty Services Unit to Expand Reach with AppOne Technology

DENVER -- GE Money's Warranty Services division, which provides vehicle service contracts to franchise and independent automobile dealers, today announced a partnership with AppOne, a provider of Internet-based risk mitigation and financial technology to banks, to provide a technology solution that connects independent auto dealers with lenders.

The alliance enables independent dealers access to Warranty Services' vehicle service contract products through AppOne's Internet-based auto finance platform. Through this platform, dealers are able to access online pricing guides, print necessary forms and enroll customers in service programs from Warranty Services.

The AppOne system automates the funding process for dealers by printing all documents required to complete the booking of auto loans. It offers dealers faster financing options for their customers, support services and additional aftermarket fee-based products.

"By creating an alliance with GE Money - Warranty Services, AppOne further enhances the financing and aftermarket sales process for Warranty Services' dealer customers," said Lee Domingue, CEO of AppOne. "We are excited about the addition of GE Money -Warranty Services to our platform."

"The partnership between these two companies adds value to both organizations," said Orlando Zayas, president of GE Money - Warranty Services. "We benefit from reaching the many dealers on AppOne's platform, and AppOne benefits from adding additional features to its current list of services."

About AppOne

Based in Baton Rouge, La., AppOne is an Internet-based company offering a technology solution that connects independent auto dealers with lenders. The AppOne system relies on the company's proprietary scorecard system, which evaluates each independent dealer to determine the level of risk associated with doing business with that dealer. It also automates the funding process for dealers by printing all documents required to complete the booking of auto loans. AppOne provides lenders with a new channel of growth and field representation directly to independent auto dealers nationwide. It offers dealers faster financing options for their customers, support services and additional aftermarket fee-based products. For more information on AppOne, visit www.appone.net.

About Warranty Services and GE Money

Warranty Services, based in Lakewood, Colo., is part of GE Money, formerly GE Consumer Finance. Warranty Services provides more than 25 years of experience in the service contract industry, where they specialize in solutions for automotive, powersports and recreational vehicles. Dealers interested in learning more or enrolling in the Warranty Services program can contact 1-800-234-2647, option 3.

With more than $190 billion in assets, GE Money, a unit of General Electric Company (NYSE: GE), is a leading provider of credit services to consumers, retailers and auto dealers in 55 countries around the world. GE Money, based in Stamford, Conn., offers a range of financial products, including private label credit cards, personal loans, bank cards, auto loans and leases, mortgages, corporate travel and purchasing cards, debt consolidation and home equity loans and credit insurance. More information can be found at www.gemoney.com.

GE is Imagination at Work -- a diversified technology, media and financial services company focused on solving some of the world's toughest problems. With products and services ranging from aircraft engines, power generation, water processing and security technology to medical imaging, business and consumer financing, media content and advanced materials, GE serves customers in more than 100 countries and employs more than 300,000 people worldwide. For more information, visit www.ge.com.

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