"The Project Group" hires Stem Genetics promoter Geoffrey Eiten.
Subj: STOCK ALERT: The Project Group, Inc. (OTCBB: PJTG)
Date: 2/3/2005 9:23:06 AM Eastern Standard Time
From: OTC Financial Network <info@otcfn.com>
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Major Funeral Services Provider Extends Contract with
The Project Group
Houston, Texas - February 3, 2004 -- The Project Group, Inc. (OTCBB: PJTG), a leader in enterprise project management, collaborative solutions, and RFID solutions announced today that the largest funeral and cemetery services provider in North America has extended its contract to include three additional work orders. This additional work builds on the enterprise project management environment that The Project Group has already worked with the client to establish and will provide custom reports and expand issues management capabilities. Additional Microsoft (NASDAQ: MSFT) products, including SQL Reporting Services will be used to extend the solution.
"This client began with a proof of concept to evaluate our project management and collaboration offerings using Microsoft Project Server 2003 and Windows SharePoint Services. They have already seen the value these solutions can provide and are now moving into a production environment and xpanding into other solution areas that provide high value for their organization. This is another client success that verifies our strategy for 2005", said Craig Crawford, President and CEO.
About The Project Group
The Project Group is a Microsoft Gold Certified Partner in Business Intelligence and Information Worker that provides enterprise-level business solutions centered on Microsoft technology to Oil & Gas, Financial Services, Retail, Hospitality and Pharmaceutical industries. The Project Group provides project management, collaboration, and business intelligence advisory services to many Fortune 1000 organizations, including Halliburton, Microsoft and several of the largest Oil and Gas Companies in the world. PJTG was founded in 2001, and is headquartered in Houston, Texas.
For more information about the Company, and our products and services, visit our website at www.projectgroup.com.
Forward-Looking Statements:
This press release contains 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, as amended. Investors are cautioned that these forward-looking statements involve uncertainties and risks that could cause actual performance and results of operations to differ materially from those anticipated by these statements. These risks and uncertainties include issues related to the ability to: obtain sufficient funding to continue operations, maintain adequate cash flow, profitably exploit new opportunities, and the unpredictable nature of business risks; as well as other factors set forth in the Company's most recently filed SEC reports. The forward-looking statements contained herein represent the Company's judgment as of the date of this release and it cautions readers not to place undue reliance on such statements. The Company assumes no obligation to update the statements contained in this release.
Contact:
Craig Crawford, 281-445-3333
Mike Mulshine, Osprey Partners, 732-292-0982
ir@projctgroup.com
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