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GE Capital Fleet Services Adds New Customer and Expands Telematics Mapping Application

G4S Wackenhut Adds More Than 600 Telematics Units to Existing Car and Truck Fleets

EDEN PRAIRIE, Minn. — (BUSINESS WIRE) — February 2, 2010 — GE Capital Fleet Services today announced an expansion of its 25-year relationship with G4S Wackenhut and the launch of a new version of Mobile Resource IntelligenceSM, an award-winning telematics solution with an advanced mapping platform.

G4S Wackenhut, based in Palm Beach Gardens, FL, is a leading provider of quality, customer focused security solutions throughout the U.S. The company has signed a 3-year full-service agreement with GE Capital Fleet Services to outfit the company’s fleets with the latest telematics units. Other services utilized by G4S Wackenhut throughout its 25 years as a GE Capital Fleet Services’ customer include GE’s fuel program, maintenance, accident services, license renewal and web applications.

“Fleet optimization through the utilization of telematics will not only help us cut costs, but will also allow us to better serve our customers,” said Dean Saunders, senior director of Purchasing for G4S Wackenhut. “Throughout the years that we’ve been a GE Capital Fleet Services’ customer, they have worked closely with us to provide the tools and insight we’ve needed to meet business objectives. We’re looking forward to driving continued improvements through this latest technology implementation.”

GE’s enriched telematics mapping platform incorporates ease of use, rich functionality, near real-time information and seamless integration with customers’ current systems. The enhanced version improves the task of routing and dispatching mobile workers, enabling higher productivity and lower operating costs. Key features of the new Mobile Resource IntelligenceSM include:

“We are committed to continuous innovation and delivering solutions that increase productivity and competitive differentiation for our customers, such as G4S Wackenhut,” said Dyan Finkhousen, Mobile Resource IntelligenceSM strategy leader for GE Capital Fleet Services. “Having best-in-class tools at their disposal allows users to provide first-rate customer service, reduce cost, and help drive profitable growth for their organizations.”

GE’s Mobile Resource IntelligenceSM is available for a flat monthly subscription fee, which includes the cost of the hardware. Instead of making a significant up-front capital investment, customers pay for the product as they realize the benefits. As a result, companies may realize a more rapid return on their investment.

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 Imagination at Work - a diversified technology, media and financial services company focused on solving some of the world's toughest problems. Visit ge.com



Contact:

GE Capital, Fleet Services, Eden Prairie
Sherri Ruesink, 952-828-2875
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or
GE Capital, Norwalk
Ned Reynolds, 203-229-5717
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