Major Acquisition in U.K.

General Physics Corp.’s wholly-owned subsidiary, General Physics (U.K.) Ltd., has acquired Academy of Training Ltd., an independent training provider located in the United Kingdom. Academy of Training generated revenue of $3.7 million for the year ending July 2010, and GP Strategies anticipates that the acquired business will have increased revenue and be accretive to earnings-per-share in 2011. GP utilized cash-on-hand to fund the acquisition.

Established in 1983, Academy of Training is a Grade 2 “Good” provider of training as determined by the Office for Standards in Education, the U.K. regulator of government-funded training providers.

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