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To: Venkie who wrote (11855)11/26/2003 3:25:42 PM
From: im a survivor  Read Replies (1) | Respond to of 13815
 
52 Week High - $1.167
52 week low 0.007

I dont normally like OTC's...anybody know anything about this one ?
The Project Group Projects Significant Growth for Fiscal 2004; 275%+ Increase in Projected Revenue for 2004 over 2003

November 26, 2003 05:00:00 (ET)

HOUSTON, Nov 26, 2003 (BUSINESS WIRE) -- The Project Group, Inc. (PJTG, Trade), a leading integrator of Microsoft(R) Project and provider of business initiative services, today released financial projections for fiscal 2004. Craig Crawford, president and CEO, announced the guidance.

The guidance stated the Company anticipates revenues in excess of $6 million for 2004 representing an increase of 275%+ over the current year. Further, the Company stated its believes that PJTG will be positioned to double revenues from 2004 to 2005, from $6 million to in excess of $12 million, assuming current business trends and conditions continue, representing a 100% increase on a year-to-year comparison. These projected results assume that significant working capital will be generated by investment activities and that certain large services contracts will be extended through the balance of 2004.

"Our Company was deliberately designed for seamless growth," noted Mr. Crawford. "Our strategic plan, including proprietary methodologies and technology, as well as our infrastructure, are highly modular and easily scalable. This is how a Project Group team can be simply and quickly replicated anywhere in the world. This obviously gives us a competitive advantage over traditional consulting firms and provides serious business benefits to our Fortune 500 clients, who depend on rapid, accurate execution."

About The Project Group

The Project Group, Inc. (OTCBB:PJTG), a Microsoft Gold Certified Partner, is an emerging growth information technology company specializing in project management advisory services, implementation services, configuration, custom programming and other related products and services using its proprietary methods. The Project Group has provided its expertise to the Fortune 1000 including Waste Management (WMI, Trade), Microsoft (MSFT) and Texas Industries, Inc. (TXI). PJTG, headquartered in Houston, Texas was founded in 2001 by senior project managers with broad Fortune 1000 project experience. PJTG focuses on providing enterprise based project management solutions and improving project schedule and budget performance for its customers throughout the United States and world. The company focuses on providing enterprise-based project management tools and solutions and improving project performance for its customers throughout the United States and around the world. Its clients include many of the largest and most prestigious corporations in the world, including Wal-Mart, Microsoft Corporation, Halliburton, Occidental Petroleum, Waste Management, Lukoil and Ernst & Young. For additional information on The Project Group contact Racquel Rivera, Vice President - Investor Relations, Trilogy Capital Partners, racquel@trilogy-capital.com.