Elkridge, MD. September 26, 2007. Global performance improvement solutions provider General Physics Corporation (GP), a subsidiary of GP Strategies Corporation (NYSE: GPX), has been selected by the U.S. Department of Homeland Security (DHS) to provide Chemical, Biological, Radiological, Nuclear, and Explosive (CBRNE) equipment technical assistance to emergency responders throughout the United States. GP will utilize the Domestic Preparedness Equipment Technical Assistance Program (DPETAP), which it has operated since 1998. The program provides CBRNE detection equipment, Personal Protective Equipment (PPE), and Mass Casualty and Hospital Mass Casualty Patient Decontamination technical assistance and training to eligible responder agencies identified by the DHS.
This award augments a competitive award that GP received in 2005 to staff and operate the DPETAP for the DHS through 2010. Craig Seger, GP Senior Vice President, said, “GP is extremely pleased to have been selected by DHS to continue supporting this national initiative to provide technical assistance to first responders across the country. This technical assistance program focuses on enhancing the ability of emergency response personnel to effectively respond to all-hazards incidents, including those involving weapons of mass destruction.”
In the eight-year history of the program, DPETAP has provided CBRNE equipment technical assistance and training to more than 81,000 of the nation’s responders. GP, through DPETAP, is the on-staff CBRNE equipment technical assistance provider for the DHS Federal Emergency Management Agency (FEMA), National Preparedness Directorate.
GP is the principal operating subsidiary of GP Strategies Corporation (NYSE: GPX). GP is a global performance improvement solutions provider of training and e-learning solutions, management consulting, and engineering services. Through its Sandy Corporation division, GP provides custom sales training solutions. 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