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GE Services Wins DM Review Magazine's 2000 World Class Solution Award

26 June 2000

Prestigious Award Represents One of the Most Strategic Initiatives in the Business Intelligence, Data Warehousing and E-Business Industry

  
    EDEN PRAIRIE, Minn. - GE Capital Fleet Services announced today that it has 
won DM Review magazine's World Class Solutions Award in the category of 
"Business Solutions and Analytic Applications."

    GE Capital Fleet Services' award-winning web-based fleet management
application builds stronger customer relationships by leveraging the power of
its fleet information resources via the reach of the Web.  The information
delivery system, designed in partnership with MicroStrategy, Inc., gives GE
Capital Fleet Services' customers the ability to tap into a central data
warehouse of fleet information to view/export bills; retrieve personalized,
pre-defined reports; create customized queries; receive broadcast reminders
and more.

    This year alone, the application will eliminate more than 600,000 pages of
mailed invoices and reports to customers each month, thereby providing
customers with added productivity to effectively manage their fleets.

    "Since 1996, DM Review has presented the World Class Solution Awards to
the leading providers of business intelligence and data warehousing
solutions," said Ron Powell, publisher/editorial director of DM Review.
"These world class solutions demonstrate how technology enables strategic
corporate decision making for competitive advantage."

    "We are honored to be selected winner of this prestigious award, and would
like to take this occasion to recognize our customers for our success," said
Marian Powell (no relation to Ron), senior vice president of e-commerce at GE
Capital Fleet Services.  "Their input and feedback throughout the development
phase was invaluable.  The result is an outstanding application, among the
best in the industry, that helps make our customers more efficient, productive
and empowered than ever before."

    GE Capital Fleet Services award-winning application will be featured in
the September 2000 issue of DM Review, a leading monthly technology
publication covering data warehousing, business intelligence and e-business
issues.

    DM Review magazine's World Class Solution Awards for Business Intelligence
recognize innovative, successful business intelligence implementations that
provide true business value.  DM Review, published by Thomson Financial EC
Media Group, provides timely, high-quality editorial for corporate, line of
business and IT management by covering business intelligence, e-business and
data warehousing issues and solutions from both perspectives -- business and
technology.

    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, with assets of more than US $345 billion,
is a global, diversified financial services company with 28 specialized
businesses.  A wholly-owned subsidiary of General Electric Company, GE
Capital, based in Stamford, Conn., provides equipment management, mid-market
and specialized financing, specialty insurance and a variety of consumer
services, such as car leasing, home mortgages and credit cards, to businesses
and individuals around the world.  GE is a manufacturing, technology and
services company with operations worldwide.