BOSTON - April 10, 2018 - GE GENIUSLINK™ announced a partnership today with Fulcra LLC, an Enterprise crowdsourcing company, to expand its expert network and product development capabilities. The inclusion of Fulcra into GENIUSLINK's network expands clients' access to inventors, universities and researchers, and more-and offers platforms for prototyping, entrepreneurial promotions, and crowdfunding.

'Our mission is to connect our customers with the right talent, technology and methodologies to enable them to get business done more effectively and maintain a competitive edge through nimble operations. Our partnership with Fulcra is exciting as it allows our customers to engage with inventive minds to solve tough problems-including idea generation, prototyping new products, pulsing the market for product interest, or vetting voice of market with early adopters,' said Dyan Finkhousen, president of GENIUSLINK and Director of Innovation and Advanced Manufacturing for GE.

GENIUSLINK, which was launched by GE in 2013, connects internal and external organizations with over 20 million experts providing insights, solutions and capacity to help clients operate with better information, at a faster pace, for better results. The GENIUSLINK system is compatible with any business function, in any industry worldwide.

Fulcra CEO, Louis Foreman said: 'There is a growing demand by established companies to bring in more ideas and better solutions, and to speed up the product launch cycle. We are delighted to bring our unique set of skills to this partnership with GENIUSLINK.'

Fulcra is part of the Enventys family of companies based in Charlotte, NC, and includes a strong inventor network, a prototyping facility, a crowdfunding agency, and Inventors Digest magazine. These crowdsourcing services are designed to accelerate innovation and product development by connecting corporations to inventors and early adopting consumers.

The partnership will enhance GENIUSLINK's ability to connect with the inventor community for solutions and do rapid market testing. Fulcra will distribute challenges to Edison Nation - which hosts one of the largest active forums for inventors to exchange ideas and respond to requests from manufacturers and retailers seeking faster and better product outcomes.

Fulcra has its own Enterprise crowdfunding platform where established corporations can test customer interest quickly and safely. Enventys operates the leading crowdfunding agency in the United States, having raised over $150 million in commitments from consumers.

ABOUT GENIUSLINK
GENIUSLINK (www.ge-geniuslink.com) is GE's Expert Operating System - leveraging gig economy methodology to connect business priorities with experts and solutions for outsized performance. GENIUSLINK engages millions of brilliant minds to provide customers with new approaches to: accelerate speed, improve quality, access expertise, increase productivity, increase capacity and reduce cost. GENIUSLINK is part of GE's Global Operations organization.

ABOUT FULCRA

Fulcra is a specialized Enterprise Crowdsourcing service, specifically designed to help companies create tomorrow's products today. Fulcra is dedicated to helping established companies and corporations develop groundbreaking products through crowdsourced innovation and marketing. It is part of the EnventysPartners group of companies. For more information on Fulcra, visit www.fulcra.com.

MEDIA CONTACTS

GE GENIUSLINK™

Lisa Ralph

203-360-4092

lisa.ralph@ge.com

Fulcra

Louis Foreman

louis.foreman@enventys.com

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GE - General Electric Company published this content on 26 April 2018 and is solely responsible for the information contained herein. Distributed by Public, unedited and unaltered, on 26 April 2018 13:08:14 UTC