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Press Release

Happy Birthday: LEXAN Resin Turns 50!; 50 YearsAfter its Discovery, GE's Amazing LEXAN Polycarbonate Continues toImprove the Products We Use

January 29, 2003

Happy Birthday: LEXAN Resin Turns 50!; 50 Years

After its Discovery, GE's Amazing LEXAN Polycarbonate Continues to

Improve the Products We Use

PITTSFIELD, Mass.--(BUSINESS WIRE)--Jan. 29, 2003--You may not

know it by name, but some of the greatest innovations of the past 50

years depended upon it.

From man's first steps on the moon to laptop computers, GE's

LEXAN(R) resin--one of the most versatile materials in the world--has

been an important part of our lives. This year, GE Plastics, a

division of General Electric Company (NYSE: GE), is celebrating the

50th anniversary of the invention of this innovative material.

LEXAN resin is one of the most widely-used engineered materials in

the world and has contributed to product revolutions in virtually

every industry. It has helped make cars safer and lighter; enabled the

digitization of music and film as CDs and DVDs; and ushered in new

design trends in computers, cell phones and literally hundreds of

other products. LEXAN resin is widely used in sporting and boating

equipment, building and construction materials, commercial and

military aircraft and outdoor signage. It also plays a vital role in

the security industry in the form of LEXGARD(R) laminated

bullet-resistant window glazing.

It all began with a serendipitous discovery in 1953. After a

series of experiments, GE lab chemist Daniel Fox found himself with a

gooey substance that hardened in a beaker. Despite his best efforts,

Dr. Fox found he could not break or destroy the material. LEXAN(R)

polycarbonate was born and has continued to revolutionize our lives,

work and play.

Today, Dr. Fox's goop is available in a variety of finishes and

over 35,000 colors. In fact, with the help of GE Plastics

ColorXpress(R) color-matching services, its colors are virtually

limitless (it can even be made to glow in the dark!). Since 1953, GE

Plastics has sold approximately 21 billion pounds of LEXAN resin, and

today produces nearly one million metric tons of LEXAN resin each

year, serving customers around the world in dozens of industries.

Important dates in the history of LEXAN resin:

1953- Dr. Daniel Fox invents LEXAN polycarbonate.

1962- NASA begins using LEXAN resin for both Astronaut Pressure

Helmet Assemblies and Astronaut Helmet Visors.

1968- GE Plastics develops LEXAN (R)sheet. Tougher than glass,

LEXAN sheets are now used in applications such as bus and

train windows, signs, greenhouses and bullet-resistant

laminates.

1969- Taillights and indicator lenses made from LEXAN resin are

used on European sports cars to add lightweight toughness

and durability. This is the first of many uses of LEXAN

resin in the automotive industry.

The United States places the first man on the moon on July

20th. Neil Armstrong and Buzz Aldrin each wear a Bubble

Helmet made of LEXAN resin as they take man's first steps

on the moon.

1970s- During the 1970s, football helmet manufacturers begin

modeling their helmets using LEXAN resin.

1972- A new molding process makes it possible to manufacture

products made of LEXAN resin on a huge scale. One of the

first uses is a removable roof section for the Jeep(R) CJ,

the largest LEXAN resin application in the 1970s.

1974- Traffic signal manufacturers begin to replace metal with

polycarbonate. Today, both housings and lenses are made

from tough, rust-resistant LEXAN resin.

1978- The first headlamp system made of LEXAN resin debuts on the

Dodge Mirada. This breakthrough application leads the way

for today's tough, versatile and aerodynamic headlight

systems.

1980s- Starting with the F-14, the U.S. military begins using

LEXAN resin in the canopies and windshields of its fighter

jets. These jet fighter canopies are built to withstand

the impact of objects while approaching the speed of sound.

1980- Automobile manufacturers begin using LEXAN resin in the

production of automotive instrument panels. The use of

plastics in automobile interiors allows for a tremendous

amount of design flexibility and helps lead to today's

modern, flowing dashboards.

1983- Computer systems appear in offices around the world.

Companies discover they need portable units that can be

transported from site-to-site, so computer manufacturers

turn to strong, durable and lightweight LEXAN resin for

the design of laptop computer housings.

1984- Compact disc technology is introduced. GE Plastics develops

a polycarbonate formula so pure that it allows for the

delivery of digital sound with an unbelievably clear

quality at a low cost. Soon after, CDs are being sold at

record stores thanks to LEXAN resin.

1986- LEXAN sheets are used to create pathways through the Houston

Zoo, allowing visitors the opportunity to view the animals

in their element - without bars.

1990- Lightweight, optically clear and extremely durable, LEXAN

resin helps make everyday eyewear safer and more

comfortable.

1994- Using LEXAN resin and new thin-wall technology, Motorola

once again revolutionizes the cell phone industry by

developing the first Micro-TAC(R) Ultra-Lite mobile phone.

The new, smaller phone can fit into a handbag or on a belt

clip, but is as tough as its larger counterparts. Soon

after, the even smaller StarTAC(R) is developed and the

wearable phone is born.

1995- Taking thin-wall technology a step further, IBM introduces

the IBM Thinkpad(R) Butterfly Notebook computer. Using

LEXAN polycarbonate, the designers at IBM produce a laptop

computer with an expandable full size keyboard - a first

for the industry.

1996- DVDs, or Digital Video Discs, are made from an ultra-pure

LEXAN polycarbonate that allows for both digital quality

sound and video images.

1998- GE Plastics introduces a new line of special effect LEXAN

resin grades that forever change the look and feel of the

products we use everyday. Ranging from translucent to

glow-in-the-dark, the new line of LEXAN resin materials

allows designers to create entirely new looks and

products. The new look is popularized by a leading

computer manufacturer who uses a variety of wild colors to

accent its new line of PCs. As a result, a design

revolution begins in the consumer products industry.

2000- GE Plastics expands the LEXAN Visualfx(TM) resin line with a

brand-new effect, Edge Glow. The new technology adds a

bright accent to CDs, DVDs and bottles, and receives

glowing reviews from designers everywhere.

2001- LEXAN SLX resin - a new, high-gloss, scratch-resistant

plastic film that could eliminate the need to paint cars,

potentially saving the auto industry billions - is

introduced. The first commercial application of LEXAN SLX

film is the fender of the Segway(TM) Human Transporter.

Today- Fifty years after its invention, there are even more

cutting-edge LEXAN resin innovations on the horizon:

- Automotive Design -polycarbonate side and rear-view

car windows that allow for unprecedented design

flexibility, provide greater impact resistance, and

reduce overall weight for better gas mileage.

- DVD Technology - GE Plastics is currently developing

new LEXAN resin technology that will be used in a

limited play DVD that is currently being evaluated for

introduction later this year.

- Computer/TV Screens - GE Plastics is developing LEXAN

resin for use in the computer and wide-screen TV

industry. Potential benefits include reduced costs and

clearer, sharper images.

About GE Plastics

A division of General Electric Company (NYSE: GE), GE Plastics is

a leading producer of engineering thermoplastics, with major

production facilities worldwide. GE Plastics materials, including

LEXAN(R) polycarbonate, are used in a wide variety of applications

such as CDs, automobile parts, computer housings, cookware, outdoor

signage, cell phones, bullet-resistant shielding and building

materials. Through its LNP Engineering Plastics business, the company

is a worldwide leader in the custom compounding of engineering

thermoplastics. GE Plastics is also a global distributor of resins

through GE Polymerland, and of sheet, film, rod and tube products

through GE Polymershapes and GE Structured Products. The company's Web

site is located at www.geplastics.com. For information about LEXAN

resin, visit www.gelexan.com.

Visualfx is a trademark and LEXAN, LEXGARD and ColorXpress are

registered trademarks of General Electric Company. Jeep is a

registered trademark of DaimlerChrysler.

Thinkpad is a registered trademark of International Business

Machines Corporation. Segway is a trademark of Segway LLC. Micro-TAC

and Star-TAC are registered trademarks of Motorola, Inc.

--30--mj/ny*

CONTACT: Peppercom, New York

Danielle Arceneax, 212/931-6122

[email protected]

or

GE Plastics, Pittsfield

Jay Pomeroy, 413/448-7481

[email protected]


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