GSE Awarded Contracts for Its Newly Released D/3 Software Version 10.2

Apr 23, 2001, 01:00 ET from GSE Systems, Inc.

    COLUMBIA, Md., April 23 /PRNewswire Interactive News Release/ -- GSE
 Systems, Inc. (Amex:   GVP), a leading global provider of process control
 solutions and real time simulation, today announced recent contract awards for
 its newly released D/3 Version 10.2 Process Control System.
     The first contract was received from the U.S. Department of Energy through
 Kaiser-Hill LLC for a D/3 system upgrade at the Rocky Flats Environmental
 Technology Site in Golden, Colorado.  The D/3 system to be upgraded at the
 Rocky Flats site provides the primary automation interface for controlling and
 monitoring building ventilation systems in an environment where highly toxic
 and hazardous materials may exist.  The D/3 System has been utilized at the
 site for over 10 years.
     Illustrating another of the major advantage of the D/3 system, Kaiser-Hill
 is able to upgrade its existing system to today's technology without losing
 its previous engineering investment.  The Rocky Flats system, which currently
 operates under D/3 version 3.0, will be upgraded from a Vax/VMS operating
 system and computing platform to an Intel/Windows 2000 operating system and
 platform without compromising or replacing existing applications software or
 I/O, saving thousands of man hours of engineering effort and corresponding
 costs.
     The second contract is from Cone Mills Corporation for their Carlisle
 Finishing Plant in Carlisle, South Carolina.  The D/3 system is responsible
 for the majority of the 13 process lines at the Cone Mills Plant.  The plant
 uses GSE's VP Total Vision (VPTV) product to link information from the plant
 floor to Corporate Management.  VPTV, developed in conjunction with GSE's
 Virtual Plant business, will provide live process graphics and performance
 information from the plant control system via the Company's Intranet to
 Corporate Management. This will improve Cone Mills' business decision
 capability and allow them to make higher quality products at a faster pace.
     Dion Freedman, Vice President of Process Solutions, stated, "We are very
 pleased with the response and interest our D/3 version 10.2 has created in the
 process control market, with features that can improve plant performance for
 both new and existing customers.  Customers are recognizing the benefits of
 the D/3 not only to reliably control their plant, but to also provide real-
 time information to plant management for optimal decision making."
 
     GSE Systems, Inc. develops and delivers business and technology solutions
 by applying process control, data acquisition and simulation software, systems
 and services to the pharmaceutical and chemical research & development,
 energy, process and manufacturing industries worldwide.  The Company's
 products are used in the following industries: specialty chemical, food and
 beverage, petroleum refining, pharmaceutical, fossil and nuclear power
 generation, metals and water treatment.  GSE Systems is headquartered in
 Columbia, Maryland with offices in Georgia, Louisiana, Maryland, North and
 South Carolina, Pennsylvania, and Texas, and its global locations include
 offices in the Sweden and Japan.
     This news release contains forward-looking statements that involve risks
 and uncertainties.  The actual future results of GSE Systems may differ
 materially due to a number of factors, including but not limited to delays in
 introduction of products or enhancements, size and timing of individual
 orders, rapid technological changes, market acceptance of new products and
 competition.  These and other factors are more fully discussed in the
 Company's annual report on Form 10-K for the year ended December 31, 2000 as
 filed with the Securities and Exchange Commission.
     To receive additional information on GSE Systems, Inc., via fax at no
 charge, dial 1-800-PRO-INFO and enter ticker symbol GVP.
 
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SOURCE GSE Systems, Inc.
    COLUMBIA, Md., April 23 /PRNewswire Interactive News Release/ -- GSE
 Systems, Inc. (Amex:   GVP), a leading global provider of process control
 solutions and real time simulation, today announced recent contract awards for
 its newly released D/3 Version 10.2 Process Control System.
     The first contract was received from the U.S. Department of Energy through
 Kaiser-Hill LLC for a D/3 system upgrade at the Rocky Flats Environmental
 Technology Site in Golden, Colorado.  The D/3 system to be upgraded at the
 Rocky Flats site provides the primary automation interface for controlling and
 monitoring building ventilation systems in an environment where highly toxic
 and hazardous materials may exist.  The D/3 System has been utilized at the
 site for over 10 years.
     Illustrating another of the major advantage of the D/3 system, Kaiser-Hill
 is able to upgrade its existing system to today's technology without losing
 its previous engineering investment.  The Rocky Flats system, which currently
 operates under D/3 version 3.0, will be upgraded from a Vax/VMS operating
 system and computing platform to an Intel/Windows 2000 operating system and
 platform without compromising or replacing existing applications software or
 I/O, saving thousands of man hours of engineering effort and corresponding
 costs.
     The second contract is from Cone Mills Corporation for their Carlisle
 Finishing Plant in Carlisle, South Carolina.  The D/3 system is responsible
 for the majority of the 13 process lines at the Cone Mills Plant.  The plant
 uses GSE's VP Total Vision (VPTV) product to link information from the plant
 floor to Corporate Management.  VPTV, developed in conjunction with GSE's
 Virtual Plant business, will provide live process graphics and performance
 information from the plant control system via the Company's Intranet to
 Corporate Management. This will improve Cone Mills' business decision
 capability and allow them to make higher quality products at a faster pace.
     Dion Freedman, Vice President of Process Solutions, stated, "We are very
 pleased with the response and interest our D/3 version 10.2 has created in the
 process control market, with features that can improve plant performance for
 both new and existing customers.  Customers are recognizing the benefits of
 the D/3 not only to reliably control their plant, but to also provide real-
 time information to plant management for optimal decision making."
 
     GSE Systems, Inc. develops and delivers business and technology solutions
 by applying process control, data acquisition and simulation software, systems
 and services to the pharmaceutical and chemical research & development,
 energy, process and manufacturing industries worldwide.  The Company's
 products are used in the following industries: specialty chemical, food and
 beverage, petroleum refining, pharmaceutical, fossil and nuclear power
 generation, metals and water treatment.  GSE Systems is headquartered in
 Columbia, Maryland with offices in Georgia, Louisiana, Maryland, North and
 South Carolina, Pennsylvania, and Texas, and its global locations include
 offices in the Sweden and Japan.
     This news release contains forward-looking statements that involve risks
 and uncertainties.  The actual future results of GSE Systems may differ
 materially due to a number of factors, including but not limited to delays in
 introduction of products or enhancements, size and timing of individual
 orders, rapid technological changes, market acceptance of new products and
 competition.  These and other factors are more fully discussed in the
 Company's annual report on Form 10-K for the year ended December 31, 2000 as
 filed with the Securities and Exchange Commission.
     To receive additional information on GSE Systems, Inc., via fax at no
 charge, dial 1-800-PRO-INFO and enter ticker symbol GVP.
 
                     MAKE YOUR OPINION COUNT -  Click Here
                http://tbutton.prnewswire.com/prn/11690X87268625
 
 SOURCE  GSE Systems, Inc.