GE ecomagination R&D Investment to Reach $1 Billion by Year End, Driving Exp

“The ecomagination program’s significant commitment to R&D means that our scientists can work on creating a cleaner, more sustainable future every day,” said Mark Little, senior vice president and director, GE Global Research. “Research teams and business units around the globe are constantly exploring new ways to create renewable and energy-efficient initiatives, cleaner coal technology, water use and purification initiatives, carbon capture technology and transportation initiatives.”

GE is committed to imagine and build innovative technologies that help customers address their environmental and financial needs and help GE grow. Since its inception in 2005, more than 45 ecomagination-certified products have been brought to market with revenues reaching $12 billion and orders and commitments soaring past $50 billion.

About GE

GE (NYSE: - ) is Imagination at Work -- a diversified technology, media and financial services company focused on solving some of the world's toughest problems. With products and services ranging from aircraft engines, power generation, water processing and security technology to medical imaging, business and consumer financing, media content and advanced materials, GE serves customers in more than 100 countries and employs more than 300,000 people worldwide. For more information, visit the company's Web site at .

About GE Global Research

GE Global Research is one of the world's most diversified industrial research organizations, providing innovative technology for all of GE’s businesses. Global Research has been the cornerstone of GE technology for more than 100 years, and is now focused on developing breakthrough innovations in areas such as molecular medicine, alternative energy, nanotechnology, advanced propulsion, and security technologies. GE Global Research is headquartered in Niskayuna, NY and has facilities in Bangalore, India; Shanghai, China; and Munich, Germany. Visit Global Research at .