Global Power Equipment Group Declares Quarterly Cash Dividend

Global Power Equipment Group Inc. logo

IRVING, Texas, March 5, 2013 (GLOBE NEWSWIRE) -- Global Power Equipment Group Inc. (Nasdaq:GLPW) ("Global Power") announced today that its Board of Directors has declared a quarterly cash dividend of $0.09 per common share.

The dividend will be payable on or about March 29, 2013 to stockholders of record at the close of business on March 18, 2013. Global Power has approximately 16.8 million shares of its common stock outstanding as of March 4, 2013.

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 may be found at

The Global Power Equipment Group Inc. logo is available at

CONTACT: Investor Relations Contact: Deborah K. Pawlowski Kei Advisors LLC (716) 843-3908 Media Contact: J.D. Whittenburg Global Power (214) 574-2726

Source:Global Power Equipment Group Inc.