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 News Release - June 11, 2007

International Aid and GE Healthcare Form Partnership to Distribute Medical Equipment in Developing Countries

SPRING LAKE, Mich. & WAUKESHA, Wis.--(HSMN NewsFeed)--Global humanitarian healthcare agency International Aid and GE Healthcare, a leading developer of transformational medical technologies and services, announced a strategic partnership dedicated to bringing vital, potentially life-saving medical equipment to communities in developing countries.

Under the terms of the partnership, GE Healthcare will donate previously used anesthesia machines and ventilators to International Aid. Going forward, GE Healthcare and International Aid plan to expand their partnership to cover a variety of GE Healthcare's medical equipment, including maternal and infant care equipment, patient monitors and ultrasound systems. GE will provide training to International Aid engineering staff to enable International Aid to service the equipment. International Aid will refurbish and distribute the products overseas. International Aid will also provide education and product support to help local hospitals successfully deploy the donated equipment. The new initiative, which combines the complementary resources and expertise of two leaders in their respective fields, is expected to involve the global distribution of more than 200 devices annually.

The partnership will significantly extend an important component of International Aid's mission - leveraging the involvement of corporate and ministry partners to bring medical products and services to those in need. International Aid is currently a leading non-profit refurbisher and distributor of donated medical equipment. The agency's extensive equipment-related operations are currently under review by the United Nations and other organizations evaluating best practices for overseas healthcare delivery. During its 2006 fiscal year, International Aid shipped nearly 1,400 donated therapeutic and diagnostic devices to needy communities worldwide. Its related equipment-training program has trained nearly 500 technicians from 18 countries to maintain and repair an array of medical devices; as part of its work, International Aid maintains what it believes to be the world's most extensive database of product operation manuals for donated medical equipment.

"GE Healthcare is continually searching for new ways to extend the reach of our technologies and services," said Omar Ishrak, President and CEO of GE Healthcare's Clinical Systems business unit. "This innovative partnership gives us the opportunity to bring our global medical technologies to International Aid's global relief solutions. Together, we increase the opportunity to improve access to healthcare for the world's patients."

"Through our close relationships with a growing number of corporate donors, International Aid is playing an increasingly significant role in elevating the quality of healthcare in some of the neediest, and often most remote, places on earth," said Myles D. Fish, International Aid's President and CEO. "Our new partnership with GE Healthcare will enable us to take our work to a whole new level, introducing best-in-class medical technologies to communities that have had, until now, very little or no clinical capabilities."

International Aid will coordinate the transport of GE Healthcare's donated equipment from the company's Wisconsin-based facilities to International Aid's headquarters facility in Spring Lake, Mich. There, a dedicated International Aid team will refurbish the equipment for distribution overseas and manage all related, logistical arrangements.

Media Availability

Key representatives from both organizations are available for interview. Participants include:
  • Rev. Myles D. Fish, President and CEO of International Aid
  • Hannu Syrjala, General Manager of GE Healthcare's Life Support Solutions
To schedule an interview, please contact: Patrick Kane of Lambert, Edwards & Assoc. at 616-233-0500 or pkane@lambert-edwards.com (for International Aid); or Carrie Michael at 262-501-2909 or carrie.michael@ge.com (for GE Healthcare).

About International Aid

International Aid (www.internationalaid.org) is a leading Christian relief and development agency that provides and supports solutions in healthcare. Over the past decade, International Aid has responded to more than 100 man-made and natural disasters - including 9/11, Katrina and other major U.S. hurricanes, the South Asian tsunami and Pakistan earthquake - and has delivered more than $500 million in relief supplies to 170 countries. In addition to its high-profile relief work, International Aid is heavily involved in multiple development efforts focused in the areas of community-based healthcare; disease treatment and prevention; and leveraging the agency's network of ministry partners to provide products, equipment and knowledge-based services to people in need worldwide.

About GE Healthcare

GE Healthcare provides transformational medical technologies and services that are shaping a new age of patient care. Our expertise in medical imaging and information technologies, medical diagnostics, patient monitoring systems, performance improvement, drug discovery, and biopharmaceutical manufacturing technologies is helping clinicians around the world re-imagine new ways to predict, diagnose, inform, treat and monitor disease, so patients can live their lives to the fullest.

GE Healthcare's broad range of products and services enable healthcare providers to better diagnose and treat cancer, heart disease, neurological diseases and other conditions earlier. Our vision for the future is to enable a new "early health" model of care focused on earlier diagnosis, pre-symptomatic disease detection and disease prevention. Headquartered in the United Kingdom, GE Healthcare is a $17 billion unit of General Electric Company (NYSE: GE ). Worldwide, GE Healthcare employs more than 46,000 people committed to serving healthcare professionals and their patients in more than 100 countries. For more information about GE Healthcare, visit our website at www.gehealthcare.com.


Source: GE Healthcare

Issuer of this News Release is solely responsible for its content.
Please address inquiries directly to the issuing company.



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