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Global Power Equipment Group Announces Changes - Creating Organization for the Future

Global Power Equipment Group Announces Changes - Creating Organization for the
Future

IRVING, Texas, Nov. 9, 2012 (GLOBE NEWSWIRE) -- Global Power Equipment Group
Inc. (Nasdaq:GLPW) ("Global Power" or "Company") has announced changes to its
executive leadership team.

"We are pleased to announce several additions to our executive team that we
believe will enable us to achieve our strategic objective of transforming
Global Power from a product-centric business to a customer value focused
organization," Luis Manuel Ramírez, President and Chief Executive Officer of
Global Power said. "We expect that these changes to our executive team will
position us well as we establish a high-performing culture."

  *Penny Sherrod-Campanizzi has been named President of Energy, Parts and
    Control Solutions for the Products Division and is responsible for the
    operations and sales growth of the recent acquisitions combined with
    Global Power's Consolidated Fabricators business. Ms. Sherrod-Campanizzi
    joined Global Power in 2010 as Senior Vice President of Operations and
    Support.She has over 30 years experience in the power generation industry
    including leadership roles at Babcock and Wilcox.
  *Scott Snow recently joined Global Power as Senior Vice President and
    Global Commercial Leader. He is responsible for driving commercial growth
    and will focus on establishing commercialization strategies to deliver
    long-term growth.Mr. Snow spent 14 years at GE Energy where he held a
    variety of commercial leadership positions in the natural gas generation
    services business. More recently, Mr. Snow served as Senior Vice
    President and Commercial Leader at APR Energy.
  *Effective November 12, 2012, Melanie Barth will join Global Power as Chief
    Human Resources Officer.In her role, Ms. Barth will lead talent and
    organizational development strategies for Global Power.For the last 20
    years, Ms. Barth has established a proven track record attracting and
    retaining top talent and building strong global leadership teams.Most
    recently, Ms. Barth was Vice President, Human Resources, Research and
    Development of Alcon, the eye-care division of Novartis.Prior to Alcon,
    Ms. Barth spent thirteen years with Celanese where she held positions such
    as Head, Global Talent Management and Global HR Business Partner.
  *J.D. Whittenburg joined Global Power as Director of Corporate
    Communications.He is responsible for overseeing, developing and
    implementing strategic communications to promote the Company's growth and
    transformation.Mr. Whittenburg has approximately 15 years of experience
    in the energy industry in various corporate communications leadership
    roles, most recently at Atmos Energy.

Mr. Snow, Ms. Sherrod-Campanizzi, Ms. Barth and Mr. Whittenburg will report
directly to the Company's President and Chief Executive Officer.

Other recent leadership changes and appointments include:

  *Brian Nason has been named Vice President and General Manager of Energy
    Parts.He will be responsible for integrating Consolidated Fabricators and
    TOG Holdings (acquired September 2012). Mr. Nason was previously General
    Manager of Consolidated Fabricators and has been with Global Power since
    1996.
  *Stuart Jones joined Global Power as Vice President and Treasurer.He will
    focus on positioning the Company's financial structure to achieve
    strategic and financial growth objectives.Previously, Mr. Jones served as
    Director of Financial Planning and Analysis for Safety-Kleen, and most
    recently as Assistant Treasurer for Flowserve Corporation.

About Global Power

Texas-based Global Power Equipment Group Inc. is a design, engineering and
manufacturing firm providing a broad array of equipment and services to the
global power infrastructure, energy and process industries.Through its
Services Division, the Company provides on-site specialty support and outage
management services for commercial nuclear reactors in the United States and
maintenance services to fossil and hydroelectric power plants and other
industrial operations.Through its Products Division, the Company designs,
engineers and manufactures a comprehensive portfolio of equipment for gas
turbine power plants and power-related equipment for industrial operations,
with over 40 years of power generation industry experience.With a strong
competitive position in its product lines, the Company benefits from a large
installed base of equipment in domestic and international markets.Additional
information about Global Power Equipment Group Inc. may be found at
www.globalpower.com.

The Global Power Equipment Group Inc. Logo is available at 
http://www.globenewswire.com/newsroom/prs/?pkgid=13362

Forward-looking Statement Disclaimer

This press release contains "forward-looking statements" within the meaning of
that term set forth in the Private Securities Litigation Reform Act of
1995.These statements reflect our current views of future events and
financial performance and are subject to a number of risks and uncertainties.
Our actual results, performance or achievements may differ materially from
those expressed or implied in the forward-looking statements.Risks and
uncertainties that could cause or contribute to such material differences
include, but are not limited to, decreased demand for new gas turbine power
plants, reduced demand for, or increased regulation of, nuclear power, loss of
any of our major customers, cost increases and project cost overruns,
unforeseen schedule delays, poor performance by our subcontractors,
cancellation of projects, competition for the sale of our products and
services, shortages in, or increases in prices for, energy and materials such
as steel that we use to manufacture our products, damage to our reputation,
warranty or product liability claims, increased exposure to environmental or
other liabilities, failure to comply with various laws and regulations,
failure to attract and retain highly-qualified personnel, volatility of our
stock price, deterioration or uncertainty of credit markets, and changes in
the economic, social and political conditions in the United States and other
countries in which we operate, including fluctuations in foreign currency
exchange rates, the banking environment or monetary policy.Other important
factors that may cause actual results to differ materially from those
expressed in the forward-looking statements are discussed in our filings with
the Securities and Exchange Commission, including the section of our Annual
Report on Form 10-K filed with the SEC on March 14, 2012 titled "Risk
Factors."Except as may be required by applicable law, we undertake no
obligation to publicly update or revise any forward-looking statements,
whether as a result of new information, future events or otherwise, and we
caution you not to rely upon them unduly.

CONTACT: Global Power Media Contact
         J.D. Whittenburg
         Phone:  (214) 574-2726
         Email:   jwhittenburg@globalpower.com
        
         Investor Relations:
         Deborah K. Pawlowski, Kei Advisors
         LLC Phone: (716) 843-3908
         Email:   dpawlowski@keiadvisors.com

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