GE Tuesday Technology Brief April 3, 2001.

Business Editors/High Tech Writers

FARFIELD, Conn.--(BUSINESS WIRE)--April 3, 2001

1.  GE LIGHTING INTRODUCES NEW ENERGY EFFICIENT T8 WATT-MISER

2.  GE'S F TECHNOLOGY TO HELP MEET MALAYSIA'S GROWING NEED FOR
    ADDITIONAL POWER

3.  GE SILICONES EXPANDS E-COMMERCE CAPABILITY WITH INTRODUCTION OF
    NEW WEB SITE FOR CUSTOM ELASTOMERS

4.  EMPLOYERS REINSURANCE CORPORATION ACQUIRES CYBERCOMP

5.  GE GLOBAL EXCHANGE SERVICES AND 2WAY FORM ALLIANCE FOR INTERACTIVE
    ENTERPRISE COMMUNICATION

6.  GE MEDICAL SYSTEMS INFORMATION TECHNOLOGIES COMPLETES ACQUISITION
    OF PROACT MEDICAL AB

GE LIGHTING INTRODUCES NEW ENERGY EFFICIENT T8 WATT-MISER

    Whether you run a retail store, manage a plant or operate a
hospital, energy efficiency is a top priority. And industries across
the country are feeling the pinch of rising energy costs. However,
thanks to the innovative engineers at GE Lighting, the company is
proud to introduce an energy efficient solution - the new T8 Ultra
Watt-Miser System.
    Using six percent less energy than a standard T8, GE Lighting's T8
Watt-Miser offers immediate energy savings without any loss in
performance. This energy-efficient product operates at only 30-watts,
yet offers the same light output and long life as a standard T8 lamp.
    "Rising energy costs have businesses across channels reevaluating
their energy consumption," said Nick Iacobucci, GE Lighting's Product
Manager-Fluorescent. "The new T8 Watt-Miser fulfills the need for more
energy-efficient fluorescent lighting, without sacrificing quality or
life - and combined with the new GE Ultra ballast, the complete T8
system can save about 11 percent in energy over standard T8 lamp and
ballast systems."
    The T8 Watt-Miser Ultra system offers offer a three-year lamp and
five-year ballast warranty.
    For more information regarding GE Lighting's new T8 Watt-Miser
lamps or the complete T8 Ultra Watt-Miser system, visit the Web Site
at www.GELighting.com.

Contact: Karen Farwell, 216/266-9702, [e-mail]

                                  ###

GE'S F TECHNOLOGY TO HELP MEET MALAYSIA'S GROWING NEED FOR
ADDITIONAL POWER

    GE Power Systems has received contracts totaling approximately
US$188 million to supply equipment and long-term services for a
350-megawatt power plant in Prai, Pulau Pinang, Malaysia.
    Marking the first installation of GE 9FA combined-cycle technology
in Malaysia, the new combined-cycle plant will supply power to help
support the country's economic growth, which surpassed 10% in 2000.
    The plant owner, SKS Ventures Sdn Bhd. of Malaysia selected
Sumitomo Corporation of Japan for the installation and erection of the
power plant. The contract signing was witnessed by Dato' Mohd Annas,
Director General of Electricity and Gas Supply of Malaysia.
    GE is the subcontractor for the power island equipment, which
includes an MS9001FA gas turbine, a heat recovery steam generator and
a steam turbine. GE also has signed a long-term service agreement
(LTSA) to supply parts, services and repairs for 19 years. GE Power
Systems' services unit, based in Atlanta, GA, now has more than $17
billion in commitments for LTSAs and operation and maintenance
agreements for power plants worldwide.
    "We are very pleased to be supporting the Prai project, and
believe that it will be a milestone for future power plant development
in the area," added F.L. Leow, Region Executive - Asia Pacific for GE
Power Systems.
    Dato' Mohd Hilmi, chairman of SKS Ventures, said that GE's 9FA
technology was selected based on its proven design, and also noted
that the plant heat rate, availability and emissions levels will meet
the requirements negotiated between SKS and TNB. GE's F-class gas
turbines now have accumulated more than 3.6 million hours of
commercial operation, with more than 1,000 units installed or on order
for projects worldwide.

Contact: Carol Keirstead, 518/385-4158, [e-mail]

                                  ###

GE SILICONES EXPANDS E-COMMERCE CAPABILITY WITH INTRODUCTION OF
NEW WEB SITE FOR CUSTOM ELASTOMERS

    GE Silicones has announced the introduction of its new e-commerce
web site for custom compounded elastomers, GECustomElastomers.com. The
new web site is the first in the silicones industry to offer
comprehensive online services for materials research, product design,
and order placement for custom compounded elastomers.
    "GECustomElastomers.com is a completely new way of doing business
in this industry," notes Jeff Welde, elastomers business leader for GE
Silicones. "Customers now have direct, personalized access to the
critical tools and business processes needed to specify, sample and
purchase custom silicone elastomers."
    GECustomElastomers.com is the latest in a series of e-commerce
innovations from GE Silicones. The Company's industry-leading
MySilicones(TM) ordering suite, available through GESilicones.com,
offers unparalleled online service for silicones customers in the
Americas, Europe and the Pacific. Customers worldwide are now able to
research technical solutions encompassing all of GE Silicones'
products and services, in addition to finding and purchasing products
produced by GE Silicones Americas, GE Bayer Silicones and GE Toshiba
Silicones. The pioneering system offers 24-hour, seven-day-a-week
customer service, availability and product order tracking.

Contact: Milissa Rocker, 518/233-3893, [e-mail]

                            ###

EMPLOYERS REINSURANCE CORPORATION ACQUIRES CYBERCOMP

    Employers Reinsurance Corporation (ERC), a GE company, has
announced that it has acquired and reactivated CyberComp, an online
system that quotes and binds workers' compensation policies, through
its subsidiary Westport Insurance Corporation. Prior to the
acquisition, CyberComp was an operating unit of Reliance Insurance
Company.
    Through the newly branded "GE CyberComp" online system, Westport
will accept new business and consider renewal of existing business,
but is not assuming any existing policies or liabilities. Financial
terms of the transaction were not disclosed.
    "This acquisition reinforces ERC's commitment to leadership in
using e-business to make transactions easier," said Louis Parker,
President and CEO of ERC Commercial Insurance. "CyberComp is a great
fit and broadens our service offerings for our customers."
    CyberComp's ease of use and less than 10-minute turnaround of
quotes enhances a producer's ability to effectively compete without
the growing expenses associated with the traditional insurance
transaction. CyberComp was established in 1996, and since then in
excess of 25,000 policies have been written and supported entirely
on-line through the CyberComp system.

Contact: Dean Davison, 913/676-5147, [e-mail]

                             ###

GE GLOBAL EXCHANGE SERVICES AND 2WAY FORM ALLIANCE FOR
INTERACTIVE ENTERPRISE COMMUNICATION

    GE Global eXchange Services, a leader in business-to-business
Internet commerce, and 2WAY Corporation, a provider of enterprise
collaborative communications software, announced an alliance to
develop and market an interactive communication solution. The solution
is designed to enable companies to integrate customer, partner and
employee feedback into internal business systems such as customer
relationship management (CRM).
    The solution will help companies to gather and process this
information in a more efficient manner, thereby decreasing response
time and improving communication between companies and their key
constituents. For example:

--  An online product satisfaction survey completed by a customer
    could be sent automatically to a company's CRM system, prompting
    an immediate service call.

--  Responses to a new benefits plan, submitted online by employees,
    could be sent automatically to a company's human resources system,
    supporting cost-saving benefit adjustments.

--  A cost-analysis calculator that helps buyers and sellers determine
    return-on-investment by comparing the cost of manual transactions
    against the cost of e-commerce transactions

    "Companies from diverse industries will be able to streamline and
enhance their communications with important constituents using the
integrated solution created by this alliance," said Jim Rogers,
director of GE Global eXchange Services' Global Alliance Program. "We
are pleased to welcome 2WAY as a Premier member of our Global Alliance
Program."

Contact: Jim Fowler, 301/340-5875, [e-mail]

                               ###

GE MEDICAL SYSTEMS INFORMATION TECHNOLOGIES COMPLETES ACQUISITION
OF PROACT MEDICAL AB

    GE Medical Systems Information Technologies today announced that
it has finalized the acquisition of ProAct Medical AB, a provider of
Picture Archiving and Communications Systems (PACS) and IT storage
solutions for health care providers. ProAct Medical, a division of
ProAct IT Group, distributes GE's PACS product to Scandinavian health
care providers.
    In addition to the acquisition, both parties have signed a
three-year cooperation agreement in which ProAct IT Group will provide
IT-infrastructure systems to GE Medical Systems Information
Technologies in Sweden, Norway, Denmark and Finland. This agreement
would allow both companies to collaborate in providing optimized PACS
and infrastructure expertise. Additional terms of the agreement were
not disclosed.
    "Scandinavia is an important, growing market for PACS technology
in Europe," said Gregory Lucier, president and CEO of GE Medical
Systems Information Technologies. "Together with ProAct Medical, GE
strengthens the delivery of its advanced PACS and infrastructure
technology to health care providers in Scandinavia, so they can make a
digital transformation and benefit from improved workflow,
productivity, and patient care."
    The agreement is made through GE Medical Systems Sverige AB. PACS
is an advanced digital image management system that allows doctors to
view, store, edit and transfer patient images.

Contact: Tesha Urban, 414/362-2351, [e-mail]

                           ###

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