Latest Release Focuses on Features to Improve Operator Efficiency and Provide
Greater Return on Investment
COLUMBIA, Md., June 12 /PRNewswire-FirstCall/ -- GSE Systems, Inc.
(Amex: GVP), a leading provider of real-time simulation and process control
solutions for the energy and process industries, announced today the release
of a new version of its flagship Process Automation System, D/3. As with
previous versions, the new D/3 11.0 will control and automate process plant
operations so users can improve manufacturing safety, throughput and
consistency while achieving cost reductions and profit improvements for their
companies.
Twenty years after GSE Systems' first D/3 was introduced, the Company
continues to deliver innovative, powerful and comprehensive plant automation
solutions for process manufacturers right out of the box while leveraging
users' current process control investments. D/3's open architecture
facilitates the integration of a plethora of existing and new field devices
and supports the management of process information throughout the enterprise.
Major enhancements to D/3 Version 11.0, including improved alarm handling
and advanced system diagnostics, will enable users to diagnose plant problems
rapidly and efficiently. The Enhanced Alarm Management feature offers the
ability to dynamically change alarm levels based on process state and/or alarm
priority. The Company is also introducing two new more cost effective process
controllers based on the use of modern PCI back plane technology and improved
diagnostics. These controllers will enable users to automate applications not
considered justifiable in the past while delivering the same rugged, redundant
reliability as its predecessors.
"We at GSE are proud of the D/3 system's flexible design. Through customer
driven enhancements, the D/3 has maintained its twenty year position as the
most innovative process automation solution available. More importantly, we
are proud of the fact that during the past twenty years, we have never dead-
ended a customer," said Dion Freedman, Vice President of Process Solutions for
GSE Systems. "With this latest release we can offer customers classic DCS
functionality at PLC prices. And, as always, our pledge to existing and future
customers is that we will guarantee you a migration path to the future,"
continued Freedman.
GSE Systems, Inc. is a real-time simulation, process control, and
automation company with three decades of experience, over 500 applications,
and 200 customers in more than 30 countries. The Company's software, hardware
and integrated solutions leverage proven technologies to deliver real-world
business advantages to the process and power industries world wide including
specialty chemical, food and beverage, petroleum refining, pharmaceutical, and
fossil and nuclear power generation. GSE Systems is headquartered in Columbia,
Maryland with offices throughout the United States. The Company's global
locations include offices in Japan and Sweden. Information about GSE Systems
is available via the Internet at http://www.gses.com .
This news release contains forward-looking statements that involve risks
and uncertainties. The actual future results of GSE Systems may differ
materially due to a number of factors, including but not limited to delays in
introduction of products or enhancements, size and timing of individual
orders, rapid technological changes, market acceptance of new products and
competition. These and other factors are more fully discussed in the company's
annual report on Form 10-K for the year ended December 31, 2001 as filed with
the Securities and Exchange Commission.
SOURCE GSE Systems, Inc.
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Related links:
http://www.gses.com
CONTACT:
Gill Grady, Senior Vice President of GSE
Systems, Inc., +1-410-772-3500, or General, Marilynn Meek,
+1-212-445-8451, Analysts, Susan Garland, +1-212-445-8458, Media,
Judith Sylk-Siegel, +1-212-445-8431, all of FRB Weber Shandwick
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