Elkridge, MD. July 22, 2008. Global performance improvement solutions provider General Physics Corporation (GP), a subsidiary of GP Strategies Corporation (NYSE: GPX), announces a new alliance with Bismarck State College (BSC) National Energy Center of Excellence, allowing individuals the option of applying completed GPiLearn modules toward an Associate of Applied Science (AAS) degree from BSC.
Starting in the fall of 2008, BSC will offer college credit for over 290 lessons available on the GPiLearn training portal. These programs help train and educate incumbent workers in the energy industry. Over 24,000 power industry personnel are using GPiLearn as an integral part of their career-path training.
GPiLearn is an online training portal that provides learning solutions for the power industry. There are over 3,200 lessons and exams available on GPiLearn. By using GPiLearn, clients can create custom curricula for their personnel using blended learning solutions. The curricula can include classroom courses, oral boards, job performance measures, comprehensive exams, as well as GPiLearn lessons and exams. GPiLearn was launched in 2002 and currently has over 180 power industry clients. More information about GPiLearn is available online at www.GPiLearnWBT.com.
About Bismarck State College
Bismarck State College National Energy Center of Excellence has been designated by the Department of Energy (DOE) as the National Power Plant Operations, Technology and Education Center. Students can earn an AAS degree in several different, energy-related programs, both online and in the classroom. Students can also continue their education and earn a newly established Bachelor’s of Applied Science degree in Energy Management. Additional information on Bismarck State College can be found online at www.bismarckstate.edu/energy
GP is the principal operating subsidiary of GP Strategies Corporation (NYSE: GPX). GP is a global performance improvement solutions provider of sales and technical training, e-Learning solutions, management consulting and engineering services. GP’s solutions improve the effectiveness of organizations by delivering innovative and superior training, consulting and business improvement services, customized to meet the specific needs of its clients. Clients include Fortune 500 companies, manufacturing, process and energy industries, and other commercial and government customers. Additional information may be found at www.gpworldwide.com.
We make statements in this press release that are considered forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934. These statements reflect our current expectations concerning future events and results. We use words such as “expect,” “intend,” “believe,” “may,” “will,” “should,” “could,” “anticipates,” and similar expressions to identify forward-looking statements, but their absence does not mean a statement is not forward-looking. These statements are not guarantees of our future performance and are subject to risks, uncertainties, and other important factors that could cause our actual performance or achievements to be materially different from those we project. For a full discussion of these risks, uncertainties, and factors, we encourage you to read our documents on file with the Securities and Exchange Commission, including those set forth in our periodic reports under the forward-looking statements and risk factors sections. Except as required by law, we do not intend to update or revise any forward-looking statements, whether as a result of new information, future events, or otherwise.
Scott N. Greenberg
Chief Executive Officer
Chief Financial Officer