Press releases

GE Sponsoring China-Based Professional Cycling Team for 2008 Tour de Georgia Bike Race

Fuyu Li, 2008 Beijing Olympic Games Hopeful, to Lead International Team in 600-Mile UCI-Sanctioned Event in U.S.

ATLANTA, GA. - March 19, 2008 : – GE Energy is sponsoring one of 15 international teams-the GE Marco Polo Cycling Team presented by Trek-scheduled to compete in the sixth annual Tour de Georgia presented by AT&T, a 600-mile, seven-day cycling race across the state April 21-27.

This is the sixth year that Atlanta-based GE Energy is supporting the Tour de Georgia, one of North America's premier professional bicycle races. GE Energy is a founding sponsor of the event, which will showcase some of the cycling world's elite competitors.

Founded in 2005, Marco Polo Cycling is China's first professional cycling team. Its participation in the Tour de Georgia marks the first time a China-based cycling team has ever raced on American soil, further enhancing the event's international profile. Wisconsin-based Trek Bicycle Corporation, one of the world's leaders in bicycle design and manufacturing, is also a team sponsor.

"We are very proud that world-class athletes from five countries will represent the GE Marco Polo Cycling Team presented by Trek in this prestigious event," said John Krenicki, president and CEO of GE Energy. "As a global business, GE recognizes the importance of bringing people and nations together. Sports and other cultural events can play a major role in making this happen."

Last year's Tour de Georgia event generated a direct economic impact of $27 million, underscoring the important role that corporations like GE, AT&T, Trek and others can have in supporting economic growth in their local communities, Krenicki noted.

The GE Marco Polo Cycling Team presented by Trek features Fuyu Li, who previously rode for the Discovery Channel team in 2007 and is now on the short list of cyclists hoping to be selected as China's sole competitor in road cycling at the 2008 Beijing Olympics this August.

In addition, the China-based GE Marco Polo squad has an impressive international roster that features world-class Dutch cyclist Leon van Bon, a former Olympic, World and road racing medalist.

"Our goal is to help Chinese cycling gain additional professional experience and exposure at the international level, develop new cycling heroes like Fuyu Li, and cultivate closer ties with other countries, a mission that can begin this spring in Georgia," said Gudo Kramer, Director of the GE Marco Polo Professional Cycling Team presented by Trek.

Also competing for the GE Marco Polo team presented by Trek are Russian sprinter Sergey Kudentsov, currently ranked fifth on the UCI Asia Tour; Jai Crawford of Australia, winner of the Tour of Siam in Thailand; and Australian Rhys Pollock, who raced for the DFL-Cycling News squad last year, participating in many of Europe's top races.

Xing Yan Dong and Liu Yilin round out the list of Chinese riders who will race in Georgia.

"Xing YanDong and Liu Yilin are two of China's most promising young riders. Although new to the international professional racing scene, we can expect to see great things from them in the future," Kramer said.

Completing the roster for the GE Marco Polo Cycling Team presented by Trek is Loh Keong, another young hopeful from Malaysia.

The seven-stage Tour de Georgia presented by AT&T will begin April 21 on Tybee Island along the coast and will end with a new circuit course in downtown Atlanta on April 27. Record crowds are expected to attend the event, which has established itself on the international racing calendar as one of the premier tune-up stage races for the Grand Tours of Europe, including the Tour de France.

Seven-time Tour de France champion Lance Armstrong won the 2004 Tour de Georgia for the U.S. Postal squad, reflecting the international prominence of the event.

"Since the inception of the Tour de Georgia, we have been grateful for GE's steadfast support, helping the event become not only a world-class cycling race but also a tourism-related, local economic development engine throughout the state of Georgia," said Chris Aronhalt, managing partner for Medalist Sports, which manages the race on behalf of the Tour de Georgia Foundation. "We look forward to working with GE to help make the 2008 Tour de Georgia presented by AT&T our most successful international contest ever."

About the Tour de Georgia Presented by AT&T

The Tour de Georgia presented by AT&T (www.tourdegeorgia.com) is North America's premier, professional cycling event and rolling festival of community activities. The Tour was first held in 2003 and has become a spring tradition with a varying route over 600 miles of racing. More than 2.8 million spectators have traveled to Georgia to watch the event in the past five years, with a direct economic impact totaling more than $148 million. The event is sanctioned by the Union Cycliste Internationale (2.HC ranking) and is part of the USA Cycling professional Tour USA Cycling, Inc., making it one of the top stage races for elite athletes around the world. The official beneficiary is the Aflac Cancer Center and Blood Disorders Service of Children's Healthcare of Atlanta.

About GE

GE is Imagination at Work-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 and media content, 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 http://www.ge.com.

For more information, contact:
Cassie Garber
GE Energy
+1 678 844 5353
cassandra.garber@ge.com

Howard Masto or Tom Murnane
Masto Public Relations
+1 518 786 6488
howard.masto@ge.com
tom.murnane@mastopr.com