Small Business Resources, Business Advice and Forms from AllBusiness.com

The Office of the Comptroller of the Currency Awards Blanket Purchase Agreement for e-Learning...

Business Editors

ELKRIDGE, Md.--(BUSINESS WIRE)--April 1, 2004

Global workplace solutions provider General Physics Corporation, a subsidiary of GP Strategies Corporation (NYSE: GPX), was awarded a Blanket Purchase Agreement by the Office of the Comptroller of the Currency (OCC)

to provide e-learning development and support services.

This agreement is for one base year plus four one-year options. Under this agreement, the OCC requires the development of distance learning and e-learning content and/or adjunct software or consulting services in support of the training.

About GP

GP is the principal operating subsidiary of GP Strategies Corporation (NYSE:GPX). GP is a global provider of training, e-Learning solutions, management consulting 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 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.

In addition, make sure to read these articles: