Nexterna and GE Announce Partnership Agreement.

Business Editors

OMAHA, Neb.--(BUSINESS WIRE)--Nov. 30, 2000

Leading wireless data solutions company and leading locomotive

manufacturer join forces to improve railroad efficiencies

Nexterna, a leading provider of wireless data solutions, GE Transportation Systems (NYSE: GE) and GE Harris Harmon announced today an agreement that represents a major step forward in establishing an industry standard for on-board communications and computing technology for locomotives.

This three-way partnership agreement will dramatically improve railroad locomotive operating efficiencies, utilization, reliability and maintenance.

Terms of the agreement call for GE Harris Harmon to be the exclusive distributor of Nexterna's Mobile Resource Management (MRM) technology in the North American locomotive market. The MRM system is the enabler for rail productivity, applications and services. Nexterna will also work with GE to provide ongoing communications services.

GE Transportation Systems is a leading manufacturer of diesel freight locomotives in North America, and its locomotives operate in 75 countries worldwide.

As part of the agreement, GE Harris Harmon will package and distribute the following hardware, software and applications products:

      -- Standard Communications Management Unit (CMU)

      -- Standard "Middleware" Communication Platform For Multi-Network
       Communication

      -- Location Tracking with Global Positioning Systems (GPS)
       Technology

      -- Remote Locomotive Health Monitoring

      -- Work Order Reporting System

      -- Positive Train Control (PTC) and Positive Train Separation
       (PTS)

"This partnership is consistent with our goal to align with recognized leaders in vertical markets in a way that supports our customers. The combination of Nexterna's and GE's resources, technologies and people produces a phenomenal environment and product that will revolutionize the rail industry and benefit all railroad operators," said Lynden Tennison, chief executive officer of Nexterna. "Through improved utilization and efficiency, our joint customers should be able to realize tremendous benefits for their valuable locomotive fleets."

"The potential impact for customers is tremendous," said John Krenicki, president of GE Transportation Systems. "Joining forces with Nexterna will enable us to provide our customers with a quantum leap improvement in train utilization, on-time deliveries, and customer service."

Greg Herrema, president of GE Harris Harmon said, "We have the opportunity to offer many value-enhancing applications, all hosted within a common locomotive platform. We believe that this is a winning combination for our customers."

About Nexterna

Nexterna, based in Omaha, Neb., has more than a decade of experience in developing telecommunications and wireless data technologies. The company architects, builds and manages Web-enabled wireless data solutions. Nexterna pioneered Mobile Resource Management (MRM) that includes a suite of software products with in-vehicle technologies that helps companies wirelessly extend the power and capabilities of information systems to mobile workers. This results in cost savings and improved productivity, directly impacting the bottom line of its customer companies. The company currently serves clients across the U.S., Canada and Mexico. Nexterna is a part of Fenix, a technology holding company formed by Union Pacific Corporation (NYSE: UNP). For more information, visit www.nexterna.com.

About GE Transportation Systems

GE Transportation Systems, a world-leading surface transportation company, is one of the major businesses of General Electric Company (NYSE: GE) and provides freight and passenger locomotives, global services such as remote monitoring and diagnostics, maintenance, performance upgrades and parts, railway control and communications systems, motorized wheels for mining vehicles, and e-business solutions such as www.TranShopNet.com, a global online marketplace.

About GE Harris Harmon Railway Technology

Headquartered in Kansas City, Missouri, GE Harris Railway Technology is a leading provider of electronics, communications, and train control technology for the global railroad industry. For more information about GE Harris Harmon products and systems, please visit the company's World Wide Web site at www.geharris.com.