General Physics Corporation Expands Its European Operations by Acquiring Peters Management Consultancy Ltd. (PMC).

ELKRIDGE, Md. -- Global performance improvement solutions provider General Physics Corporation (GP), a subsidiary of GP Strategies Corporation (NYSE:GPX) announced today the acquisition of Peters Management Consultancy Ltd (PMC) located in Hampshire, UK. PMC is a leading provider of training and other performance improvement services to financial services and retail companies in the United Kingdom and elsewhere. Shay Moran, Managing Director, GP, UK stated, "GP believes that the acquisition of PMC offers an opportunity for GP to cross-sell PMC's services to GP's clients, as well as for GP to cross-sell its training and outsourcing services to PMC's clients, which include Barclay's Bank and HSBC Bank." PMC has been serving clients in the UK for eighteen years.

Scott N. Greenberg, the Chief Executive Officer of GP Strategies Corporation, stated "With the acquisition of PMC, the Company is pursuing its strategic objective of expanding internationally to enhance its ability to provide performance improvement services globally. The Company also believes that the acquisition of PMC should enable it to better service GP's accounts in the European Market."

PMC currently generates approximately $4 million of revenue on an annual basis. Based upon the current performance of PMC, the Company believes its results should be accretive to earnings from the purchase date.

About GP

GP is the principal operating subsidiary of GP Strategies Corporation (NYSE: GPX). Founded in 1966, GP is a global performance improvement 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.