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GP Strategies Retains Investor Relations Firm
[January 04, 2005]

GP Strategies Retains Investor Relations Firm


NEW YORK --(Business Wire)-- Jan. 4, 2005 -- GP Strategies Corporation (NYSE:GPX), a global provider of training, e-learning solutions, management consulting, engineering, and simulation services, announced today it has retained Ashton Partners, a strategic advisory firm specializing in investor relations and corporate communications, to assist with its efforts to communicate with the institutional investment community.



"We are excited to have Ashton Partners on board as we enter the next phase for GP Strategies," commented Scott N. Greenberg, President of GP Strategies. "With the successful spin-off of National Patent Development Corporation behind us, we are now in a position to simplify the GP Strategies story. Ashton's reputation for success and experience with companies going through similar transitions should help pave the way for GP Strategies to communicate its investment appeal more effectively with current and potential shareholders."

About Ashton Partners


Ashton Partners is a strategic advisory firm specializing in investor relations and corporate communications. The firm works in partnership with top-level corporate executives to manage and position the information that impacts a company's credibility, reputation and ultimately, its valuation. Ashton Partners is headquartered in Chicago, with offices in Boston and San Francisco. See www.ashtonpartners.com for more information.

About GP Strategies

GP Strategies, whose principal operating subsidiaries are General Physics Corporation and GSE Systems Inc., is a NYSE listed company (GPX). General Physics and GSE Systems are global providers of training, e-Learning solutions, management consulting, engineering and simulation 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 Strategies may be found at www.gpstrategies.com and about General Physics 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. 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 the risks and uncertainties detailed in GP Strategies' periodic reports and registration statements filed with the Securities and Exchange Commission.

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