Elkridge, MD. November 4, 2008. Global performance improvement solutions provider General Physics Corporation (GP), a subsidiary of GP Strategies Corporation (NYSE: GPX), announced today that Hal Paris has been appointed Executive Director of International Business Development, filling an international marketing role for GP’s Energy Services group. Mr. Paris has over 30 years experience in power plant operations, training, and high fidelity simulation. In his new position, he will focus on international customer growth for GP’s world-leading products and services related to Power Plant Workforce Training and Thermal Performance Improvement; including GPiLearn™, EtaPRO™, and VirtualPlant™.
Mr. Paris previously served as Senior Vice President for GSE Power Systems, where he held executive positions in marketing and operations. He has an established working relationship with GP and will s tep into his new role knowledgeable of GP’s products and services, which are used world-wide to improve power plant performance. With Mr. Paris on board, GP raises the bar in its commitment and dedication to expand GP’s international customer base, particularly in the Middle East.
Joe Nasal, Senior Vice President of GP’s Energy Services Group, states: “We are pleased to have Hal join our business development team. With his many years of international business development experience and his focus on large international projects, we anticipate a noticeable increase in opportunities for GP to win work in overseas markets that were not previously actively pursued.”
Hal Paris may be contacted at: (443) 722-4279 or HParis@gpworldwide.com.
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