GE Capital Fleet Services Launches Web-Based Fleet Reporting; New Tool Helps Customers Leverage Fleet Data Like Never Before

30 May 2000
GE Capital Fleet Services Launches Web-Based Fleet Reporting; New Tool Helps Customers Leverage Fleet Data Like Never Before
    EDEN PRAIRIE, Minn., May 30 GE Capital Fleet Services
announced today the launch of web-based reporting, an online tool designed to
help fleet managers quickly utilize fleet data to audit their bill and
eliminate unnecessary expenditures. The web reporting tool is the latest
enhancement to Your Office @ Fleet, GE Capital Fleet Services' comprehensive
web-based fleet management system.
    "Web-based reporting gives our customers unparalleled ability to leverage
fleet data," said Marian Powell, senior vice president, e-commerce, at GE
Capital Fleet Services. "By streamlining fleet information and eliminating
hard-to-use paper reports, fleet managers can capture precise data that will
drive more informed decisions and significant fleet cost reductions."
    Through web-based reporting, an estimated 600,000 pages of paper mailed
each month will be eliminated.
    The web reporting tool offers four levels of usage, designed to meet the
unique requirements of any size fleet:
    1. Basic reporting. Through a secure user ID and password, users can
access pre-defined reports, including billing, lease, fuel and maintenance
information.
    2. Advanced reporting.  For additional flexibility and functionality,
users can easily access additional features to create custom reports, view
data from previous time periods and take advantage of advanced analytical
capabilities.
    3. Subscription reporting. Fleets managers can subscribe to reports and
exception notices through the communication channel they prefer -- e-mail,
pager, fax, PDA, mobile phone or voice.
    4. E-mail reporting. Pre-defined reports are sent monthly via e-mail,
giving managers of smaller fleets simplified reporting in a paperless
environment.

    About GE's e-Business Initiative:
    GE has made it a priority to migrate its traditional "brick and mortar"
businesses to new e-business models. In 1999, e-Business became an official GE
initiative, joining Six Sigma, Globalization and Services as the key growth
strategies for the Company.  In its first year, GE's e-business initiative
yielded more than $1 billion in online sales.  For 2000, the Company's
e-Business strategic direction is three-fold:  ensure that every GE business
has a Customer Web Center offering the highest quality service, sales and
support online; migrate internal procurement and supplier resources to the web
to take advantage of increased productivity and cost savings; and ongoing
development of new technologies and services that will contribute to online
sales growth.
    With headquarters in Eden Prairie, Minn., GE Capital Fleet Services is one
of the largest fleet management companies in the world with more than
1 million commercial cars and trucks under lease and service management. It
has operations in the United States, Canada, Mexico, Europe, Japan, Australia,
New Zealand and Brazil. GE Capital Fleet Services is a business unit of GE
Capital Services, a wholly-owned subsidiary of General Electric Company
headquartered in Stamford, Conn.