Elkridge, MD. July 18, 2007. Global performance improvement solutions provider General Physics Corporation (GP), a subsidiary of GP Strategies Corporation (NYSE: GPX), announced today that the State of Tennessee, Department of Health, recently awarded a contract to GP for the design, coordination, and facilitation of seven hybrid tabletop/functional hospital-based pandemic influenza exercises for the Statewide Hospital Influenza Exercise (HPIE) Program.
The exercises are intended to meet the minimum exercise-related requirements published in the 2006 Hospital Accreditation Standards for Emergency Management Drills by the Joint Commission on Accreditation of Healthcare Organizations and the Centers for Disease Control and Prevention’s Pandemic Influenza Guidance Supplement to the 2006 Health Emergency Preparedness Cooperative Agreement, Phase II. The exercises will be open to all 130 acute care hospitals within the State of Tennessee.
This award marks the third contract issued by the State of Tennessee to GP for health- and hospital-related exercise services in the past five years.
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