GE Capital Fleet Services’ Environmental Performance Solution Delivers Significant Operating and Environmental Improvements

Eden Prairie, Minn., January 12, 2010 - GE Capital Fleet Services today announced its Environmental Performance solution was reapproved as a GE ecomagination product, confirming the significant operating and environmental performance improvements it delivers to customers. As a GE ecomagination product, reapproval must be sought every three years to reconfirm the validity of the product offering.

GreenOrder, a strategic consulting firm specializing in environmental sustainability, reapproved the Environmental Performance solution through a rigorous review process including an in-depth examination of the product’s performance claims.

The Environmental Performance solution provides customers with individually tailored strategies to reduce operating costs while lowering the environmental impact of their fleets. This is achieved through a combination of customized vehicle selection services, integrated vehicle efficiency tools, and in-depth analysis and reporting.

For example, vehicle efficiency tools can help reduce fuel consumption and CO2 emissions and yield annual savings of over $475 in gasoline costs per vehicle, at $2.50 per gallon, while avoiding 1.7 metric tons of CO2 emissions per vehicle. In addition, selecting more fuel-efficient vehicles and moving to a smaller vehicle class, or incorporating hybrids, can result in a 17 – 59 percent improvement in fuel consumption for a fleet, generating annual per-vehicle savings of $435 to $870 in fuel costs, at $2.50 per gallon, while avoiding the emission of 1.6 to 3.2 metric tons of CO2 per vehicle, per year.

“Our customers benefit from having a team dedicated to continually developing products and services to help them advance corporate environmental goals while optimizing operational efficiencies,” said John Whyte, Environmental Performance product manager for GE Capital Fleet Services. “Not only do we leverage the extensive fleet management knowledge and strategic consulting services within our business, but we also leverage the full breadth of expertise available across GE.”

As an environmental leader within the fleet industry, GE Capital Fleet Services has published two guides on environmentally efficient fleet management and driver best practices. The complimentary guides are available for download at www.gefleet.com/ecoguides

About GE ecomagination
Ecomagination is GE’s company-wide initiative to advance technologies that help customers meet pressing operational and environmental challenges. Since its launch in 2005, ecomagination has grown to generate revenues of more than $17 billion through a robust portfolio of more than 80 environmentally innovative products and services. GE Capital Fleet Services' Environmental Performance solution is currently available in the U.S., Canada and Europe.