Elkridge, MD. August 12, 2008. Global performance improvement solutions provider General Physics Corporation (GP), a subsidiary of GP Strategies Corporation (NYSE: GPX), has been awarded a contract by the Indiana State Department of Health (ISDH) to staff and provide offices within each of the ten Indiana Homeland Security Districts. The staff will engage in planning, training, exercise volunteer management and Cities Readiness Initiative activities.
The contract has a base period of two-years, subject to annual funding, with provisions for ISDH to extend the contract up to two additional years for GP to support the implementation of a new model for public health preparedness activities in the State of Indiana. If fully funded, the estimated value of the two-year base contract is up to $5,852,951.00. The U.S. Department of Health and Human Services, Centers for Disease Control and Prevention (CDC), is providing 100% of the funding for the contract through grants to ISDH.
The contract requires GP staff to coordinate with the ISDH Public Health Preparedness and Emergency Response Division staff as well as other state and local preparedness partners, such as the Indiana Department of Homeland Security, local law enforcement, county emergency management agencies, local health departments, hospitals and community health centers. In collaboration with these agencies, GP team members will assess and further develop public health preparedness and emergency response plans, policies and procedures to ensure consistent, statewide program performance that meets and exceeds federal public health preparedness requirements.
Craig Seger, Senior Vice President for GP’s Homeland Security and Emergency Management business unit, said, “The ISDH is to be commended for their vision in proposing this unique Public Health planning and preparedness model. I am pleased that ISDH had the confidence to select GP to implement this program.”
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