COLUMBIA, Md., June 20 /PRNewswire/ -- GSE Systems, Inc. (Nasdaq: GSES), a
leading global provider of integrated enterprise software and information
solutions to the energy, process and manufacturing industries, today announced
that its GSE Power Systems, Inc. subsidiary has been awarded two contracts by
Teollisuuden Voima Oy (TVO) of Finland totaling over $1 Million to upgrade the
hardware and software of the Olkiluoto Unit 1 Operator Training Simulator.
TVO operates two boiling water reactor power plants in Olkiluoto, Finland.
These plants are annually at the top of the list of the most efficient nuclear
plants in the world.  The original simulator was delivered by GSE Power
Systems in 1990.
    Under these new contracts, GSE Power Systems will upgrade the simulator's
thermohydraulics and neutronics programs using GSE's patented, RELAP-based
THEATRe(TM) model, as well as its two-group REMARK(TM) neutronics model.  This
high fidelity upgrade will allow TVO to train their operators on "local
criticality" and other sophisticated primary system responses.  In addition,
the simulator software will be re-hosted on new UNIX-based computers.  The
total project will be completed in approximately twelve months.
    "TVO is a very technically discriminating customer and carefully
considered all available technology," stated Jerry Jen, a Senior Vice
President of GSE Systems.  "We are pleased to be able to continue our long-
standing relationship with them."
    GSE Power Systems is the world leader in full scope power plant simulation
with over 145 full scope nuclear and fossil plant simulators delivered in over
20 countries worldwide.
    GSE Systems designs, develops and delivers business and technology
solutions by applying process control, data acquisition, simulation,
client/server and business software, systems and services to the energy,
process and manufacturing industries worldwide.  GSE Systems is the world's
leading supplier of power plant simulators.
    GSE Systems' products are used in over 700 applications, representing over
250 customers in 30 countries, in the following industries: specialty
chemical, food & beverage, petroleum refining, oil & gas, pharmaceutical,
fossil and nuclear power generation, metals, electrical distribution and water
treatment.  The Company is headquartered in Columbia, Maryland with offices in
Augusta, GA, Baton Rouge, LA, Houston, TX, Phoenix, AZ, Pittsburgh, PA, Salt
Lake City, UT and Shelby, NC, and its global operations include offices in
Belgium, Japan, Korea, Singapore, Sweden, and Taiwan.
    This news release contains forward-looking statements that involve risks
and uncertainties.  The actual results of GSE Systems may differ materially
due to a number of factors, including but not limited to delays in the
introductions of products or enhancements, size and timing of individual
orders, rapid technology changes, market acceptance of new products, and
competition.  These and other factors are more fully discussed in the
Company's annual report on Form 10K.
    To receive additional information on GSE Systems, Inc., via  fax at no
charge, dial 1-800-PRO-INFO and enter #178 or ticker symbol GSES.

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