Steve Pittman Named Chief Marketing Officer of GE's Trailer Fleet Services Business

WAYNE, PA. (March 13, 2006) - Steve Pittman has been named Chief Marketing Officer (CMO) of GE's Trailer Fleet Services business, as well as its Modular Space unit. Both businesses are part of GE Equipment Services. Pittman will report to President and CEO Joe Artuso.

Pittman returns to GE after global product marketing and supply chain marketing management roles with respected Fortune 500 companies including Eastern Chemical, FedEx and Mobil Chemical. During his previous employment with GE, his marketing work at GE Plastics helped drive record growth in products and revenues. He was an early Six Sigma champion at GE Plastics and helped to establish first generation "Design for Six Sigma" tools. Pittman began at GE Plastics as General Manager for Southeast Operations and added global business-to-business launch responsibilities as General Manager of Operation Services.

About GE Equipment Services

GE Equipment Services is a global provider of transport solutions for the world's supply chains. Offering a full range of equipment leasing and intelligence-based asset management and logistics services for manufacturers, retailers and shippers, Equipment Services enables the timely movement of raw materials and cargo for the global economy. Equipment Services includes Wayne, Pa.-based Trailer Fleet Services, a single-source provider for trailer leasing, renting, financial services, insurance, maintenance, remarketing and asset tracking, and GE's Asset Intelligence unit, based in Barrington, Illinois, which provides worldwide mobile-asset tracking and condition-monitoring products and services and supports (VeriWise)™. Details and ordering information for VeriWise may be found at www.trailerservices.com.

For a Word version of this release click here.

MEDIA CONTACTS FOR MORE INFORMATION:

GE, Trailer Fleet Services, Wayne, PA
Patrick Brennan, Media Relations Manager
484-254-0127 or patrick.brennan@ge.com