General Physics Corporation is a member of IEM Team Awarded U.S. Army MANSCEN Task Order; Team to conduct Homeland Defense Training at 20 Installations.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). ), is a member of IEM IEM Industrial Engineering and Management (course/program) IEM In Ear Monitor IEM Institution of Engineers, Malaysia IEM Inborn Errors of Metabolism (molecular biology) IEM Intelligent Energy Management , Inc.'s team conducting homeland defense training at 20 Army installations. This award is part of an IDIQ IDIQ Indefinite Delivery, Indefinite Quantity (contracting/procurement) contract to help ensure that the Maneuver Support Center (MANSCEN MANSCEN Maneuver Support Center (US Army; Ft. Leonard Wood, MO, USA) ) at Ft. Leonard Wood, Mo. continues to supply the U.S. Army with combat-ready soldiers who are highly trained in chemical, engineer and military police operations. The IEM team, led by GP, will develop and deliver up to 12,400 hours of performance-oriented Installation Support Team New Organization Training. The contract's actual value will depend upon the cumulative value of task orders to be awarded by the Army. The IEM Team will develop training support packages and instructional materials as well as provide instruction in HAZMAT-Awareness, HAZMAT-Operations, HAZMAT-Technician, Incident Command, and Site Entry and Survey. Instructors will oversee end of course Site Training Exercises and Incident Command Tabletop Exercises. Team IEM is one of four contractors eligible to provide support services support services Psychology Non-health care-related ancillary services–eg, transportation, financial aid, support groups, homemaker services, respite services, and other services for MANSCEN. "We are very pleased to be selected to support the U.S. Army Chemical School through MANSCEN at Fort Leonard Wood Fort Leonard Wood, U.S. army post, 71,000 acres (28,700 hectares), S central Mo.; est. 1940. It is one of the largest basic-training centers in the United States and also provides training for army engineers. ," GP Senior Vice President Craig Seger stated. "Team IEM and General Physics offers MANSCEN and its proponent schools a strong cadre of homeland defense and security professionals who because of their experience, education, and training can effectively bridge the gap between needed and available capabilities and resources." 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 provider of training, 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, improving the effectiveness of organizations by customizing solutions to meet the specific needs of clients. Clients include Fortune 500 companies, manufacturing, process and energy industries, and other commercial and government customers. Additional information about GP 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 inability to generate funds by selling any assets that are included in the proposed spin-off, 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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