Elkridge, MD. April 24, 2008 -- Global performance improvement solutions provider General Physics Corporation (GP), the operating subsidiary of GP Strategies Corporation (NYSE: GPX), announced today the opening of a managed services center in Chennai, India to further expand its India-based operations by providing training administration, course administration, call center services, instructor resource management, and learning management system (LMS) support for our global client base.
GP Senior Vice President Dan Miller said, “The managed services center is the first GP facility of this type in the Asia-Pacific region. GP will leverage our U.S.-based managed services center experience and processes to expand our capability to support our customers worldwide.”
General Physics Corporation, the principal operating subsidiary of GP Strategies Corporation (NYSE:GPX), is a global 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 about GP Strategies Corporation may be found at www.gpstrategies.com and additional information about General Physics Corporation 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