Business Services Industry

General Physics Corporation Selected by Department of Energy to Provide e-Learning Services; GP Integrates DOE's Learning Management System in Less Than Three Months Using Its Rapid Methodology Process

Business Wire, August 9, 2005

ELKRIDGE, Md. -- Global performance improvement solutions provider General Physics Corporation (GP), a subsidiary of GP Strategies Corporation (NYSE:GPX), was selected by the U.S. Department of Energy (DOE) to integrate its agency-wide Learning Management System (LMS). Using its proven methodology of rapid implementation, GP completed the LMS integration in less than three months. The LMS has the ability to support all of DOE's 51,000 employees; currently 18,000 DOE learners are accessing courseware.

As part of the LMS integration, GP successfully merged two Learning Management Systems into one, loaded and launched 2300 courses, mapped process requirements to LMS functionality, developed the web interface and trained system administrators. In addition to the LMS integration, GP is also providing LMS hosting services which include 24x7x365 monitoring of all applications in a secure facility. Level 1 and Level 2 call center support are being provided; GP will respond to inquiries concerning site services and overall functionality, as well as user access problems regarding the site and learning content.

About GP

GP is the principal operating subsidiary of GP Strategies Corporation (NYSE: GPX). GP is a global performance solutions provider of training and 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.

The forward-looking statements contained herein reflect GP Strategies' management's current views with respect to future events and financial performance. We use words such as "expects", "intends" and "anticipates" to indicate forward-looking statements. These forward-looking statements are subject to certain risks and uncertainties that could cause actual results to differ materially from those in the forward-looking statements, all of which are difficult to predict and many of which are beyond the control of GP Strategies., including, but not limited to, our holding company structure, failure to continue to attract and retain personnel, loss of business from significant customers, failure to keep pace with technology, changing economic conditions, competition, and those other risks and uncertainties detailed in GP Strategies' periodic reports and registration statements filed with the Securities and Exchange Commission.

If any one or more of these expectations and assumptions proves incorrect, actual results will likely differ materially from those contemplated by the forward-looking statements. Even if all of the foregoing assumptions and expectations prove correct, actual results may still differ materially from those expressed in the forward-looking statements as a result of factors we may not anticipate or that may be beyond our control. While we cannot assess the future impact that any of these differences could have on our business, financial condition, results of operations and cash flows or the market price of shares of our common stock, the differences could be significant. We do not undertake to update any forward-looking statements made by us.

COPYRIGHT 2005 Business Wire
COPYRIGHT 2008 Gale, Cengage Learning

 

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