MONTREAL - GE Capital, GE's financial services arm, announced that it has officially opened a newly designed Canadian head office at 1250, Rene-Levesque Boulevard West in downtown Montreal. The company offers Canadian companies customized services regrouped under six commercial platforms: Business Finance, Corporate Finance, Vendor Finance, Fleet Services, Corporate Aircraft Finance and Franchise Finance. The company hosted a reception last Thursday that was attended by over one hundred clients, employees and members of the local business community.

"This ceremony marks an important development for us," said Patrick Palerme, President and CEO, GE Capital Canada. "Our business here in Canada has evolved dramatically since starting up, back in 1986, and is now a very well-established and diversified financial services company. Our growth can be seen in terms of our wide portfolio of businesses, in the number and diversity of our people, and in the variety of our product offerings - so it was time to reflect this development in the physical space of our head office."

Palerme added, "our investment in these new offices underscores our confidence in the long-term growth prospects of Canadian companies and demonstrates our unwavering commitment to providing our customers across Canada with customized financial solutions adapted to their ongoing needs."

In line with the values expressed in GE's ecomagination (http://ge.ecomagination.com/site/) initiative, GE Capital's Canadian head office is a LEED(R) Certification Candidate.