GSE Systems Unveils New Cloud-Based Learning Solution for Engineering and Operations Workforce

SYKESVILLE, Md.–(BUSINESS WIRE)–GSE Systems, Inc. (GSE or the Company) (NYSE American: GVP), the
world leader in real-time high-fidelity simulation systems and
training/consulting solutions to the power and process industries, today
announced a new cloud-based training platform, EnVision™ Learning
On-Demand, that significantly extends the capabilities of its industry
leading EnVision™ tutorials and simulations.

GSE has released this next-generation learning product in response to
the industry’s need for a structured learning program with broader and
easier access to learning materials and the capability for either
self-paced or instructor-led learning. EnVision Learning On-Demand
greatly enhances customers’ workforce development programs. Clients can
now bring engaging learning environments remotely to their professionals
in operations and engineering so long as they have a web browser and
internet connectivity.

The new cloud delivery platform increases client access to learning
while reducing the cost of delivering content-rich training to anyone in
the organization. EnVision Learning On-Demand offers a simple way to
deliver courses with specific learning objectives and competencies, in a
SaaS model, and in the cloud.

Benefits include:

• Enhanced Accessibility –
  Enables access via web browser from any
  location, eliminating the need for local installation
• Improved Integration –
  Facilitates integration with existing
  customer Learning Management Systems and provides a mechanism for
  blending learning content and skill-building exercises focused on
  competency outcomes
• Enriched Content –
  Provides extensive, structured simulation
  exercises to reinforce learning and to assess comprehension and
  competency

The new cloud delivery platform has been well received by current
EnVision users.

GSE recently launched an Early Adopter Program (EAP) for EnVision
Learning On-Demand to gather feedback from key users of the product.
Training program managers for an existing client, a large international
oil and gas company, see the new system’s structured learning approach
fitting well into their internal training program, primarily addressing
fundamental training before classroom instruction. With EnVision
Learning On-Demand, the client can better prepare trainees for
intermediate and advanced unit specific training.

“We recognized our clients’ desire to purchase their training as a
cloud-based SaaS model,” explained GSE’s Chief Executive Officer, Kyle
Loudermilk. “This new platform will help our customers achieve their
training objectives in a more focused and cost-effective manner while
increasing access and unburdening their IT departments.”

The cloud-based SaaS platform reduces the need for IT support,
installing, tracking and controlling multiple versions of software.

Dr. Bahram Meyssami, GSE’s Chief Technology Officer said, “The learning
platform offered through a SaaS model in the cloud enables our customers
to modernize their training programs, taking advantage of the extensive
GSE EnVision™ library of tutorials, simulation models, and structured
simulation exercises delivered through a web browser. The EnVision™
Learning On-Demand platform improves trainee access to a broad range of
learning content, while offering a well-designed learning plan focused
on successful outcomes.”

More information on the new EnVision cloud-based delivery platform can
be found on the Company’s website at: www.gses.com/envision-on-demand.

About EnVision™ E-Learning & Universal
Simulations

For more than 20 years GSE’s EnVision™ products have provided
content-rich tutorials and simulation modules that apply to the entire
range of employees, from new hire to the most experienced operators.
EnVision E-Learning tutorials are an important part of the blended
learning approach embodied in the EnVision training model. The power
behind EnVision is engaging multi-media functionality that makes
learning interesting. Self-paced tutorials teach fundamentals of various
unit operations and process controls so that trainees can acquire the
basic knowledge they need to progress to more process-specific
instruction. Learning management software enables instructors to control
the process, register trainees, review test scores, and monitor their
overall performance.

EnVision™ Universal Simulators provide 80% of the required operational
knowledge trainees need at about 20% of the cost of a custom operations
training solution (OTS). This efficiency results from the fact that the
system configurations of EnVision universal simulators are typical unit
operations – not an exact plant. Customers gain the same high-fidelity
response as a custom OTS without the high cost of providing custom
simulation solutions for each and every one of their units.

Combining universal simulator applications with e-learning tutorials
enables students to immediately practice and apply what they have
learned for better comprehension and knowledge retention.

ABOUT GSE SYSTEMS, INC.

GSE Systems, Inc. is a world leader in real-time high-fidelity
simulation, providing a wide range of simulation, training and
engineering solutions to the power and process industries. Its
comprehensive and modular solutions help customers achieve performance
excellence in design, training and operations. GSE’s products and
services are tailored to meet specific client requirements such as
scope, budget and timeline. The Company has over four decades of
experience, more than 1,100 installations, and hundreds of customers in
over 50 countries spanning the globe. GSE Systems is headquartered in
Sykesville (Baltimore), Maryland, with offices in Navarre, Florida;
Huntsville, Alabama; Chennai, India; Nyköping, Sweden; Stockton-on-Tees,
UK; and Beijing, China. Information about GSE Systems is available at www.gses.com.

FORWARD LOOKING STATEMENTS

We make statements in this press release that are considered
forward-looking statements within the meaning of Section 27A of the
Securities Act of 1933, as amended, and Section 21E of the Securities
Exchange Act of 1934. These statements reflect our current expectations
concerning future events and results. We use words such as “expect,”
“intend,” “believe,” “may,” “will,” “should,” “could,” “anticipates,”
and similar expressions to identify forward-looking statements, but
their absence does not mean a statement is not forward-looking. These
statements are not guarantees of our future performance and are subject
to risks, uncertainties, and other important factors that could cause
our actual performance or achievements to be materially different from
those we project. For a full discussion of these risks, uncertainties,
and factors, we encourage you to read our documents on file with the
Securities and Exchange Commission, including those set forth in our
periodic reports under the forward-looking statements and risk factors
sections. We do not intend to update or revise any forward-looking
statements, whether as a result of new information, future events, or
otherwise.

Contacts

Company
GSE Systems, Inc.
Chris Sorrells, 410-970-7802
Chief
Operating Officer
or
The Equity Group Inc.
Kalle
Ahl, CFA, 212-836-9614
[email protected]
or
Devin
Sullivan, 212-836-9608
[email protected]