GSE Systems Ltd. Receives Innovate UK (formerly Technology Strategy Board) Grant for Study: 'Enhanced Learning Through the Use of Virtual, Augmented Reality and Simulation’

Global energy services solutions provider GSE Systems, Inc. ("GSE” or the "Company”) (NYSE MKT:GVP) today announced that GSE Systems Ltd., the Company’s wholly-owned subsidiary, has received a grant award of £111,000 from Innovate UK to conduct a feasibility study in partnership with EDF Energy PLC and the Nuclear Advanced Manufacturing Research Centre.

The study aims to assess the feasibility of using advanced training and support tools such as virtual reality, augmented reality and simulation technologies to enhance the training delivered to all personnel working in or involved in new and existing nuclear plants.

The study will be delivered over a 12-month period and will present the benefits to the industrial end-user of using virtual reality, augmented reality and simulation in the delivery of learning in a civil nuclear environment.

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 energy 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 St. Marys, Georgia; Cary, North Carolina; Chennai, India; Nyköping, Sweden; Stockton-on-Tees, UK; Glasgow, UK; and Beijing, China. Information about GSE Systems is available at www.gses.com.

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