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Non-Tech : General Electric (GE) -- Ignore unavailable to you. Want to Upgrade?

To: techtonicbull who wrote (1329)	6/12/2000 1:12:00 PM
From: Captain Jack	Read Replies (1) \| Respond to of 3256

When the rest of the world understands what these initiatives are going to do for the bottom line ... WELL FAIRFIELD, Conn., June 12 /PRNewswire/ -- General Electric has been named "E-Business Of The Year" in the first annual "InternetWeek 100" survey conducted by InternetWeek, the leading Internet/IT publication. The list of businesses honored is based on a performance-focused questionnaire of major U.S. companies and identifies the leading e-businesses in ten major industry sectors. "General Electric, the winner in the general manufacturing category, was selected as the leading e-business overall, mainly because GE has moved billions of dollars in sales and spending to the Internet at lightning speed, aided by a corporate culture that rewards the sharing of ideas among its 20 business units," notes InternetWeek managing editor Bob Violino. "In fact, the selection of GE as InternetWeek E-Business Of The Year is in part a testament to the company's ability to create an Internet strategy that makes as much sense for plastics and lighting manufacturing as it does for financial services and broadcasting." The "InternetWeek 100" survey appears in the June 12 issue of InternetWeek and online: internetwk.com. GE has made it a priority to migrate its traditional "brick and mortar" businesses to new e-business models. In 1999, e-Business became an official GE initiative, joining Six Sigma, Globalization and Services as the key growth strategies for the Company. In its first year, GE's e-business initiative yielded more than $1 billion in online sales. For 2000, the Company's (PR NEWSWIRE) General Electric Named E-Business Of The Year by InternetWeek M General Electric Named E-Business Of The Year by InternetWeek Magazine