COLUMBIA, Md., June 18 /PRNewswire/ -- GSE Systems, Inc. (GSE)
(Amex: GVP), a leading global provider of real time simulation and process
control solutions announces that Dr. Roger Hagengruber has been elected to the
Board of Directors, increasing the Board total by 1 to 8 members.
Dr. Hagengruber is Senior Vice-President for National Security at Sandia
National Laboratories where he has served as an officer for over 15 years. In
his current position, he oversees some $350M of activities in arms control,
satellite and sensor systems, security, and international programs that
include an extensive set of projects within the states of the former Soviet
Union. He has had a broad career in engineering and policy including many
areas that overlap GSE's strategic technology and market interests.
Dr. Hagengruber holds B.S., M.S., and Ph.D. degrees from the University of
Wisconsin with his doctorate in nuclear physics. He is a graduate of the
Industrial College of the Armed Forces and has pursued graduate work in
political science. For the past 25 years, he has been Adjunct Professor of
Political Science at the University of New Mexico where he teaches in areas
related to international conflict and arms control.
Jerry Jen, GSE president said, "We are pleased to welcome Roger to the
Board of Directors. He brings GSE a wealth of knowledge and experience from
his service with one of the premier national laboratories. His knowledge of
engineering and science policy, service on numerous government panels and
involvement in international negotiations enable him to offer valuable
perspective on GSE's strategic planning and business development efforts."
GSE Systems, Inc. develops and delivers business and technology solutions
by applying process control, simulation software, systems and services to the
energy, process and manufacturing industries worldwide. The Company's
products are used in the following industries: specialty chemical, food and
beverage, petroleum refining, pharmaceutical, and fossil and nuclear power
generation. GSE Systems is headquartered in Columbia, Maryland with offices
in Alabama, Georgia, Louisiana, Maryland, North and South Carolina,
Pennsylvania, and Texas, and its global locations include offices in Japan,
and Sweden. Information about GSE Systems is available via the Internet's
World Wide Web 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, 2000 as
filed with the Securities and Exchange Commission.
To receive additional information on GSE Systems, Inc., via fax at no
charge, dial 1-800-PRO-INFO and enter ticker symbol GVP.
SOURCE GSE Systems, Inc.
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Related links:
http://www.gses.com
CONTACT:
Gill R. Grady, Senior Vice President of GSE
Systems, Inc., 410-772-3500; or General, Maura Gedid, or
Analysts, Susan Garland , both of The Financial Relations Board
BSMG Worldwide, 212-661-8030
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