Serves the Commercial Small Fleet Market of 10 – 50 Vehicles

GE Commercial Finance Fleet Services Customized Maintenance Management Program

July 12, 2006 - Press Release

Eden Prairie, Minn. – June 27, 2006 – GE Commercial Finance Fleet Services has expanded its maintenance management product offering to include a unique, customized approach to managing fleet vehicle repair costs. GE’s MaintenanceSelect program offers maintenance solutions to companies that may not be participating in a traditional maintenance management program. MaintenanceSelect gives companies the flexibility to select the degree of maintenance cost control and the level of involvement they need. The MaintenanceSelect program is comprised of an all-inclusive maintenance management program, a remote maintenance entry web-based application and a customizable maintenance program. “Many of our customers have unique needs such as having in-house garages, high revenue sales organizations that give sales people higher authorization levels, critical downtime service concerns or executive fleets and each may require a different maintenance management solution,” said Anna Durham, general manager maintenance and safety services, “With our MaintenanceSelect offerings, we can customize a solution that will meet a customer’s specific maintenance needs, reduce administrative time and maintenance expenses.” GE’s premier maintenance management program offers flexible spending limit controls and technical advisors’ mechanical expertise to negotiate and authorize maintenance repairs. The Maintenance Management product has a 35+-year track record of delivering superior value for customers by reducing operating costs and enhancing used vehicle sales proceeds. Remote maintenance entry is a web-based application that documents and analyzes repairs for in-house garage fleets. A company’s in-house technician repairs the vehicle, logs the repair into GE’s secure web application and through GE’s suite of reporting and analytics, the fleet manager utilizes a single source to monitor and report on maintenance expenses. Maintenance Blue is GE’s maintenance program designed for those fleets that empower the fleet driver to make high dollar limit repair authorizations before escalating the decision to their supervisor or fleet manager. The Maintenance Blue solution may be ideal for high revenue generating sales fleets or executive fleets to eliminate costly downtime. MaintenanceSelect is a fresh, new way to look at maintenance for car and light truck fleets. With MaintenanceSelect a customer has the flexibility to determine what maintenance program works best for each job function or vehicle type in their fleet. No matter what program features a customer selects, they will benefit from GE’s negotiated vendor pricing, a managed vendor network, single monthly invoice and comprehensive web reporting tools. About GE Commercial Finance Fleet ServicesGE Commercial Finance 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. GE Commercial Finance is the business-to-business finance unit of General Electric. General Electric (NYSE: GE) is Imagination at Work - a diversified technology, media and financial services company focused on solving some of the world's toughest problems.
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