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GP Strategies Announces Key Energy Services Group Hires

Adding a combined 80+ years of Power Generation Experience to Support Customers' Asset Management Programs


News provided by

GP Strategies Corporation

Jul 12, 2012, 09:00 ET

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ELKRIDGE, Md., July 12, 2012 /PRNewswire/ -- Global performance improvement solutions provider GP Strategies Corporation (NYSE: GPX) is pleased to announce the addition of Helmer Andersen, Ken Daycock, and Mike Levesque to its Energy Services Group.  As key technical contributors, they will bolster the global sales of GP Strategies' EtaPRO™ Performance and Condition Monitoring System.

Mr. Andersen comes to GP Strategies from Alstom and brings over 25 years of expert knowledge in gas turbines, combustion dynamics, fossil fuel plant performance, controls, monitoring & diagnostics, and plant commissioning. Mr. Daycock's 28 year career in the power generation industry includes operational, engineering, and leadership roles; most recently as Plant Manager at the AES Ironwood combined-cycle plant. Mr. Levesque comes to GP Strategies from MidAmerican Energy with over 28 years of power plant experience, including the implementation of workforce development programs for a state of the art supercritical power plant.

"We are pleased and excited to have Helmer, Ken, and Mike join our team," said Joe Nasal, Senior Vice President of GP Strategies and leader of the Energy Services Group. "Their deep domain expertise in power plant operations, performance monitoring, and workforce development aligns perfectly with our customers' needs. GP Strategies continues to see strong growth in our monitoring and diagnostics business—these gentlemen will certainly provide valuable support to current and future customers to ensure their facilities operate at peak performance."

About GP Strategies' Energy Services Group
GP Strategies' Energy Services Group provides engineering services, products and training to the energy market sector. Our EtaPRO™ Performance and Condition Monitoring System and GPiLEARN™ Training Portal help customers worldwide meet their goals for improving power plant reliability, capacity and efficiency.

GP Strategies also provides the following global performance improvement services: sales and technical training, eLearning solutions, management consulting and engineering services. Clients include Fortune 500 companies, manufacturing, process and energy industries, and other commercial and government customers. GP Strategies Corporation is the new name of General Physics Corporation, which merged with its parent company (also called GP Strategies) on December 31, 2011 and changed its name. Additional information about GP Strategies Corporation may be found at www.gpstrategies.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," "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.

© 2012 GP Strategies Corporation. All rights reserved. GP Strategies and the GP Strategies logo design are trademarks of GP Strategies Corporation.

(Logo: http://photos.prnewswire.com/prnh/20120327/MM77734LOGO)

SOURCE GP Strategies Corporation

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