News | October 30, 2008

GE Security Receives General Services Administration Approval Of Updated Contract, Launches Authorized GSA Service Provider Program

BRADENTON, Fla.--(BUSINESS WIRE)--GE Security, Inc., a business of GE Enterprise Solutions (NYSE:GE), today announced the company has modified its contract with the General Services Administration (GSA) to update the schedule of available GE Security products. With the updated contract, GE Security's authorized GSA service providers will have the ability to sell GE Security products and provide service to federal, state and local government agencies across the U.S.

Along with the updated contract, select GE Security partners will have access to the approved GSA product schedule through the company's newly created GE Security Authorized GSA Service Provider Program. This program was developed as a way to streamline the governmental procurement process and ensure government agencies' needs are being met in a timely and cost effective manner. The ability to secure more government contracts is expected to provide approved GE Security partners with significant new opportunities for increased revenue.

"GE Security is continuously looking for ways to help our partners grow their businesses and better serve their end user customers," said Dean Seavers, president and CEO, GE Security. "The new GE Security Authorized GSA Service Provider Program does both. In addition, our new GSA contract represents a significant step towards strengthening relationships with our valued partners and with government customers at all levels."

State and local governments are now permitted to purchase goods and services off of the GSA Schedule for Security and Fire Equipment (Schedule 84) as a result of legislation passed by Congress earlier this year. This will allow state and local governments to benefit from the federal government's pricing power and further save by avoiding costly bidding and procurement processes.

The updated GSA contract includes product solutions designed for law enforcement, security, facility management systems, fire and life safety, intrusion, access control, alarm and signal systems and video.

"Today's announcement demonstrates our strong relationship with the GSA and gives our authorized service providers an efficient means to pursue government projects," said Kenneth Gray, GSA program manager, GE Security. "By participating in this program and gaining access to GE Security products and solutions already approved by the GSA, our authorized service providers are able to provide government agencies with comprehensive security and fire and life safety solutions that help solve their real-world problems."

In order to be considered as a member of the GE Security Authorized GSA Service Provider Program, a formal application and review process must be conducted. Program information is available from GE Security sales managers.

About GE's Security Business
GE Security, Inc., a business of GE Enterprise Solutions (NYSE:GE), is a leading supplier of security and life safety technologies, with operations in more than 35 countries and $1.8 billion in annual sales. GE Security offers one of the industry's broadest product portfolios, including access control, explosives and narcotics detection, fire detection, intrusion, key management and video surveillance. GE Security's products are used to protect people and property across a wide range of industries, including aviation, banking and finance, education, government and military, healthcare, law enforcement, residential, retail, stadiums and event venues, and transportation.

GE Security was honored with Frost & Sullivan's 2008 North American Video Surveillance Solutions Company of the Year Award for its industry leading video portfolio and integration strategy vision and execution. For more information about GE Security, please visit www.gesecurity.com.

GE Security, making the world safer.

About GE Enterprise Solutions
GE Enterprise Solutions elevates customers' productivity and profitability with integrated solutions using sensors and non-destructive testing; security and life safety technologies; power system protection and control; and plant automation and embedded computing systems. Enterprise Solutions' high-tech, high-growth businesses include Sensing & Inspection Technologies, Security, Digital Energy, and GE Fanuc Intelligent Platforms. The business has 17,000 problem-solving employees in more than 60 countries around the world.

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