EXHIBIT JOINT FILING AGREEMENT
EXHIBIT
In accordance with Rule 13d-1(k) promulgated under the Securities Exchange Act of 1934, as
amended, the persons named below agree to the joint filing on behalf of each of them a Statement on
Schedule 13G (including amendments thereto) with regard to the common stock of GSE Systems, Inc.
and further agree that this Joint Filing Agreement be included as an Exhibit to such joint filings.
In evidence thereof, the undersigned, being duly authorized, hereby execute this Joint Filing
Agreement as of February 13, 2007.
| KAIZEN MANAGEMENT, L.P. | ||
By:
|
Kaizen Capital, L.L.C., its general partner | |
By:
|
/s/ Xxxxx X. Xxxxx | |
| Xxxxx X. Xxxxx Manager |
||
| KAIZEN CAPITAL, L.L.C. | ||
By:
|
/s/ Xxxxx X. Xxxxx | |
| Xxxxx X. Xxxxx Manager |
||
| SELECT CONTRARIAN VALUE PARTNERS, L.P. | ||
By:
|
Kaizen Management, L.P., its general partner | |
By:
|
Kaizen Capital, L.L.C., its general partner | |
By:
|
/s/ Xxxxx X. Xxxxx | |
| Xxxxx X. Xxxxx Manager |
||
| /s/ Xxxxx X. Xxxxx | ||
| Xxxxx X. Xxxxx | ||
| SPECTRUM GALAXY FUND, LTD. | ||
By:
|
/s/ Xxxx X. Xxxxxxxxx | |
| Xxxx X. Xxxxxxxxx | ||
