GP Strategies Awarded Two Year Contract Extension to Provide Global Learning Services to HSBC

COLUMBIA, Md. and LONDON, Jan. 19, 2016 /PRNewswire/  Global performance improvement solutions provider GP Strategies Corporation (NYSE: GPX) announced today that HSBC has exercised an option to extend for two years its contract with GP Strategies to act as its Managed Services Integrator to provide global learning services. Under the multi-year agreement, GP Strategies supports HSBC’s learning function in the development and deployment of learning for all business lines across the globe. As a strategic partner, GP Strategies helps HSBC drive global consistency and efficient ways of working in concert with the effective management of operational risks, enabling the learning function to become more responsive to the needs of HSBC employees and managers.

HSBC, one of the world’s largest banking and financial services organizations, serves customers worldwide through a network of around 6,100 offices in 72 countries and territories in Europe, the Asia-Pacific region, North and Latin America, and the Middle East and North Africa.

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

Forward-Looking Statements

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.

© 2016 GP Strategies Corporation. All rights reserved. GP Strategies and the GP Strategies logo design are trademarks of GP Strategies Corporation.

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SOURCE GP Strategies Corporation

For further information: Scott N. Greenberg, Chief Executive Officer, 443-367-9640, sgreenberg@gpstrategies.com; Sharon Esposito-Mayer, Chief Financial Officer, 443-367-9636, sesposito-mayer@gpstrategies.com; Dan Miller, Senior Vice President, 44(0) 77 8617 4596, dmiller@gpstrategies.com.

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