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General Physics Corporation Approved as Primary Training Provider for State of Louisiana Incumbent Worker Training Program.


ELKRIDGE, Md. -- Global performance improvement solutions provider General Physics Corporation (GP), a subsidiary of GP Strategies Corporation (NYSE NYSE

See: New York Stock Exchange
:GPX GPX - Early system on UNIVAC II. Listed in CACM 2(5):16 (May 1959). ), has been approved by the State of Louisiana CODE, OF LOUISIANA. In 1822, Peter Derbigny, Edward Livingston, and Moreau Lislet, were selected by the legislature to revise and amend the civil code, and to add to it such laws still in force as were not included therein.  as a primary training provider for its Incumbent Worker Training Program (IWTP IWTP Industrial Wastewater Treatment Plant ). The IWTP is a partnership between the Louisiana Louisiana (ləwē'zēăn`ə, lē'–), state in the S central United States. It is bounded by Mississippi, with the Mississippi R.  Department of Labor, business and industry, and training providers designed to benefit business and industry by assisting in the skill development of existing employees.

In order to be recognized as a primary training provider, GP's Baton Rouge Baton Rouge (băt`ən rzh) [Fr.,=red stick], city (1990 pop. 219,531), state capital and seat of East Baton Rouge parish, SE La. , LA office had to demonstrate a history of providing successful training programs through its placement, retention and satisfaction rates, collaboration with a targeted industry in the development of training program curriculum, and the use of a current industry standard as the basis for utilizing specific industry training programs. GP will work with the employers who avail themselves of this program to develop a customized training plan for employees. Upon approval of the training plan and subsequent contract, GP will deliver the customized training.

Alan P. Tattersall tat·ter·sall also Tat·ter·sall  
n.
1. A pattern of dark lines forming squares on a light background.

2. Cloth woven or printed with this pattern.

adj.
, GP Sr. Vice President, stated, "GP is proud to work with the State of Louisiana helping both industry and workers improve performance through innovative and effective training programs. The US Department of Education estimates that 60 percent of all new jobs in this century will require skills that only 20 percent of the current workforce has, proving the validity of the program."

About GP

GP is the principal operating subsidiary An operating subsidiary is a business term frequently used within the United States railroad industry. In the case of a railroad, it refers to a company that is a subsidiary but operates with its own identity and rolling stock.  of GP Strategies Corporation (NYSE: GPX). GP is a global performance solutions provider of training and e-Learning solutions, management consulting Noun 1. management consulting - a service industry that provides advice to those in charge of running a business
service industry - an industry that provides services rather than tangible objects
 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 forward-looking statement

A projected financial statement based on management expectations. A forward-looking statement involves risks with regard to the accuracy of assumptions underlying the projections.
 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.
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No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2005, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Date:Jun 15, 2005
Words:561
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