Elkridge, MD. April 21, 2010 – Global performance improvement solutions provider General Physics Corporation (GP), a subsidiary of GP Strategies Corporation (NYSE: GPX), has been awarded a contract by Okaloosa County, Florida, to design, conduct and evaluate a full-scale exercise for emergency responders. The contract is funded under a State of Florida and U.S. Department of Homeland Security grant. Staff from GP’s Homeland Security, Defense and Emergency Management Team held an initial meeting on April 8, 2010 for the exercise scheduled to occur on May 6, 2010.
Craig Seger, Senior Vice President for GP, stated, “Our Florida-based team of exercise subject matter experts strives to meet the needs of the first responder community to prepare for emergencies. GP is excited to have this opportunity to work with the responders in Okaloosa County.”
GP has provided more than 400 emergency preparedness exercises based on the Homeland Security Exercise and Evaluation Program (HSEEP) since 2003. HSEEP is the Federal Homeland Security guidance for exercise programs. GP has provided HSEEP exercises in more than 20 states, including more than 20 exercises in the State of Florida.
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