GE Capital Fleet Services’ Environmental Performance Services Deliver Significant Operating and Environmental Improvements

Eden Prairie, Minn. April 27, 2011 - GE Capital Fleet Services announced today that its Environmental Performance Services with Mobile Resource Intelligence were reapproved as a GE ecomagination product, confirming the significant operating and environmental performance improvements they deliver to customers.  As part of the GE ecomagination portfolio, they are reviewed regularly to confirm their performance claims.

The Environmental Performance Services with Mobile Resource Intelligence help customers strengthen their environmental and operating performance by tailoring strategies for their service, sales, and delivery fleets.  

Through the Monitor/Manage Mobile Resource Intelligence solution, Strategic Consulting Services, and Truck Engineering Services, customers reduce operating costs and manage CO2 emissions through analysis and reporting, customized vehicle selection, and integrated vehicle efficiency tools.

For example, vehicle efficiency tools such as limiting after hours use, speeding and idling time can help reduce fuel consumption and CO2 emissions and can yield annual per-vehicle gasoline savings of approximately $265 at $2.76 per gallon, while avoiding the annual emission of 3 metric tons of CO2 on U.S. roads versus typical usage.

In addition, optimizing vehicle selection, right-sizing vehicles within a vehicle class, and/or switching to smaller vehicle classes can help customers improve fuel efficiency from 17% to 59%.  This can reduce annual per-vehicle fuel costs by $300 to $1,200 at $2.76 per gallon, and can avoid the annual emission of 1 to 4 metric tons of CO2 per vehicle.

“Our goal is to continually innovate – improving our products and services to allow customers to optimize operational efficiencies, advance corporate environmental goals and cut costs,” said Michelle Nissen, Environmental Performance product manager for GE Capital Fleet Services.  “Having the performance of our Environmental Performance Services reviewed regularly confirms we’re delivering on our promise to provide high quality, high return solutions for our customers.”

                                                                          

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 business initiative to help meet customers’ demands for more energy-efficient products and to drive reliable growth for GE.  In 2009, GE invested $1.5 billion on ecomagination R&D, reaching the commitment to double our annual investment by 2010 one year ahead of schedule.  GE is now committing to growing ecomagination revenue at twice the rate of total company revenue in the next five years, making ecomagination an even larger proportion of total company sales.  GE Capital Fleet Services' Environmental Performance Services is currently available in the U.S., Canada and Europe. 

About the GE ecomagination product review process

The ecomagination product review process provides a third-party review of claims, quantifying operating and environmental performance benefits that accrue to GE’s customers by using ecomagination products relative to baselines such as competitors' best products, the installed base of products and regulatory standards. These ecomagination claims can be found in GE's printed materials and advertisements and on the web at www.ge.com/ecomagination. Ecomagination products are reviewed regularly to help ensure that claims remain both compelling and accurate.

About GE Capital, Fleet Services

GE Capital, Fleet Services, based in Eden Prairie, Minn., is a global fleet management company with operations in the United States, Canada, Europe, Japan, Australia and New Zealand. Visit the Web site at www.gefleet.com.  GE Capital offers consumers and businesses around the globe an array of financial products and services. For more information, visit gecapital.com or follow company news via Twitter (@GECapitalNews). 

GE (NYSE: GE) is an advanced technology, services and finance company taking on the world’s toughest challenges. GE operates in more than 100 countries and employs about 300,000 people worldwide. For more information, visit the company's Web site at www.ge.com.