COLUMBIA, Md., Sept. 13 /PRNewswire-FirstCall/ -- GSE Systems, Inc. (GSE)
(Amex: GVP), a leading global provider of real-time simulation and process
control solutions for the energy and process industries, today announced its
appearance on the World Business Review Television series hosted by former
Secretary of State Alexander Haig. The episode will be aired on U.S. public
television stations, regional network affiliates, and independent carriers in
over 200 major markets. For specific market-by-market air dates and times,
please click Domestic for domestic distribution and International for
international distribution, or go to http://www.gses.com/news.html .
In the segment, GSE's Senior Vice President, Hal Paris, discusses bringing
simulation and real-time information together to improve human performance.
The segment highlights and describes the processes, software, and
manufacturing requirements for real-time simulation of a variety of electrical
power generation facilities. The episode includes a field report hosted by GSE
Vice President, Robert Kershner, showcasing the Columbia Maryland facility,
employees, and software utilized in the development of real-time training
simulators.
The history, evolution, and current benefits of real-time simulation are
also discussed. Current and future technology directions are described as it
relates to GSE's power simulation business and unique value-added propositions
to improve the operation, efficiency, and effectiveness of fossil and nuclear
power plant facilities. The use of simulation to analyze future plant
modifications and the potential effect for the target plant's operation is
illustrated.
"We were very pleased that GSE was contacted by World Business Review to
appear with the other simulation professionals to discuss the benefits of
simulation. The show will elevate and educate individuals in the field of
simulation. Not only will the episode air on television networks in the
United States but United Airlines flights and web cast on Yahoo, giving GSE
exposure to potential clients around the world," said Mr. Paris.
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. Our software, hardware and
integrated solutions leverage proven technologies to deliver real-world
business advantages to the process and power industries worldwide 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. Our 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 http://www.gses.com/news.html
CONTACT: Gill R. Grady, Senior Vice President of GSE Systems, Inc., +1-410-772-3500, or general info, Marilynn Meek, +1-212-445-8451, or analyst info, Susan Garland, +1-212-445-8458, both of FRB Weber Shandwick
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