Dynamic simulation software for design and analysis of pharmaceutical, fine
and specialty chemical processes
COLUMBIA, Md., Oct. 4 /PRNewswire/ -- GSE Systems, Inc. (Amex: GVP), a
leading global provider of real time simulation and process control solutions
to the energy, process and manufacturing industries, today announced the
release of BatchCAD 7.0, its dynamic simulation software for the design and
analysis of pharmaceutical, fine and specialty chemical processes.
The Windows(TM) NT release of BatchCAD 7.0 demonstrates a significant
advance in the application of dynamic process simulation technologies.
BatchCAD combines leading edge technologies in thermodynamics, reaction
engineering and advanced numerical methods with proprietary kinetic regression
algorithms to create a unique modeling environment for chemists and engineers.
Already widely used by leaders in the batch chemical industry for process
scale-up and technology transfer, BatchCAD is proven to radically reduce time
to market through effective use of simulation rather than experimentation.
"The acquisition of BatchCAD was a key element in our VirtualPlant(TM)
strategy," stated Chris Carnavos, President and CEO of GSE Systems. "Not only
does BatchCAD provide an exceptional tool for process development, it also
constitutes an essential component of GSE Systems Virtual Plant. BatchCAD
provides a complete understanding of the key unit operations, making the
escalation to a complete "Virtual" operation closer to reality than ever
before."
GSE Systems, Inc. develops and delivers business and technology solutions
by applying process control, data acquisition and 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, fossil and
nuclear power generation, metals and water treatment. GSE Systems is
headquartered in Columbia, Md. with offices in Georgia., Louisiana., Maryland,
North and South Carolina, Pennsylvania, and Texas, and its global locations
include offices in Belgium, Japan, Korea, Sweden, Taiwan, and United Kingdom.
Information about GSE Systems is available via the 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 Dec. 31, 1998 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:
Brian K. Southern, Senior Vice President of
GSE Systems, 443-436-7500; or general info, Doug DeLieto or media
info, Marty Gitlin, both of The Financial Relations Board,
212-661-8030
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