COLUMBIA, Md., May 5, 2014 /PRNewswire/ — Global performance improvement solutions provider GP Strategies Corporation (NYSE: GPX) announced today that it has signed a new five–year agreement with a leading health services company to provide continued full-service learning and development outsourcing offerings, including global program support.
Since 2007, GP Strategies has delivered a broad range of learning services in support of this client’s Corporate University, including implementing a learning management system and providing training administration support, helpdesk, project management, content design and development, delivery, training facility and vendor management services.
“Our customer, who prefers not to be identified, conducted a comprehensive, complex and fair assessment of the current Learning Services market. We are pleased that they selected GP Strategies to continue to provide managed learning services. I look forward to working with them for the next five years as they continue to grow globally,” said Don Duquette, GP Strategies Executive Vice President, Learning Services.
“This contract renewal affirms our ability to deliver comprehensive managed learning services to a Fortune and Global 500 company. We look forward to this organization continuing to be a top 10 customer in terms of revenue for GP Strategies,” said Scott Greenberg, GP Strategies Chief Executive Officer.
About GP Strategies
GP Strategies Corporation (NYSE: GPX) is a global performance improvement solutions provider of training, eLearning solutions, management consulting and engineering services. GP Strategies’ 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.gpstrategies.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,” “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.
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SOURCE GP Strategies Corporation
For further information: Scott N. Greenberg, Chief Executive Officer, 443-367-9640, or Sharon Esposito-Mayer, Chief Financial Officer, 443-367-9636, or Jamie Coffey, Director, Communications, 443-255-3400