Contract Negotiation Finalized by The Project Group for a New Project in Dallas.Business Editors/High-Tech Writers HOUSTON--(BUSINESS WIRE)--Aug. 6, 2003 The Project Group Inc. (OTCBB OTCBB See OTC Bulletin Board (OTCBB). :PJTG PJTG Project Group, Inc. ) announced this morning that a significant contract has been signed with an undisclosed Fortune 500 Client in Dallas, Texas “Dallas” redirects here. For other uses, see Dallas (disambiguation). The City of Dallas (pronounced [ˈdæl.əs] or [ˈdæl. , to provide Project Management Consulting Noun 1. management consulting - a service industry that provides advice to those in charge of running a business service industry - an industry that provides services rather than tangible objects Services through the Fourth Quarter of 2003. It is anticipated that this additional work will further strengthen PJTG's results in the third and fourth quarter and likely result in additional services extending into 2004. The Project Group will be utilizing its methodologies and processes combined with the latest release of Microsoft's (Nasdaq:MSFT MSFT Microsoft (stock symbol) MSFT Movimento Sociale Fiamma Tricolore (Italy) MSFT Multi-Stage Fitness Test MSFT Master of Science in Family Therapy MSFT Macalester Students for Fair Trade ) Project Software as the core of this new Enterprise Project Management System. This continues the trend of broad adoption by The Fortune 500 of Enterprise Based Project Management systems that enable companies to view their project information via the Internet in meaningful reports tailored to their needs. Project Management consulting services extends across all industries and ranges from information technology projects to heavy industrial construction projects. About The Project Group The Project Group (OTCBB:PJTG) is a Microsoft Gold Certified Partner for Business Intelligence, specializing in project management that has provided its expertise to the Fortune 1000 including, Waste Management (WMI (Windows Management Instrumentation) A programming interface (API) in Windows that allows system and network devices to be configured and managed. WMI is based on WBEM, which stores all definitions in a CIM database. ), Microsoft (MSFT) and Halliburton (HAL Hal: see Halle, Belgium. hal In Sufism, a state of mind reached from time to time by mystics during their journey toward God. The ahwal (plural of hal) are God-given graces that appear when a soul is purified of its attachments to the material world. ). PJTG, headquartered in Houston, Texas “Houston” redirects here. For other uses, see Houston (disambiguation). Houston (pronounced /'hjuːstən/) is the largest city in the state of Texas and the , 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 performance for its customers throughout the U.S. and world. 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 Form 10 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. |
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