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PRT Group Promotes Stephen E. Michaelson to Chief Operating Officer.


WINDSOR, Conn.--(BUSINESS WIRE)--Dec. 6, 1999--

In continuing the strategy of strengthening its operational business units and senior leadership, PRT PRT Print
PRT Port
PRT Portugal (ISO country code)
PRT Printer
PRT Provincial Reconstruction Team (Iraq)
PRT Personal Rapid Transit
PRT Personal Rapid Transit
 Group Inc. (NASDAQ NASDAQ
 in full National Association of Securities Dealers Automated Quotations

U.S. market for over-the-counter securities. Established in 1971 by the National Association of Securities Dealers (NASD), NASDAQ is an automated quotation system that reports on
:PRTG PRTG Paessler Router Traffic Grapher
PRTG Pseudo-Random Test Generator
) - an application services See ASP and Web services.  integrator (1) In electronics, a device that combines an input with a variable, such as time, and provides an analog output; for example, a watt-hour meter.

(2) See systems integrator.
 and e-Business developer - today announced the promotion of Stephen E. Michaelson to executive vil and delivery business units.

"Throughouta positive impact on our bottom line," said Danas PRT continues to make a series of strategic son came to PRT in 1997 as a result of the acquisition of Computer Management Resources, Inc. He was the founut.

Mr. Michaelson has been involved in thcore competency COMPETENCY, evidence. The legal fitness or ability of a witness to be heard on the trial of a cause. This term is also applied to written or other evidence which may be legally given on such trial, as, depositions, letters, account-books, and the like.
     2.
 in structured development methorms, Mr. Michaelson has responded to the needs of his clients by forming long-term relationships built on mutorganizations where he leveraged his ability to oup Inc. (Nasdaq:PRTG) is an application services integrator committed to addressing customer applications dens; supporting customer migration plans to nextt strives to provide flexible and evolutionary IT services through the life cycle of its customers' applicatirvices, combining highly skilled IT professionarelease contains forward-looking statements forward-looking statement

A projected financial statement based on management expectations. A forward-looking statement involves risks with regard to the accuracy of assumptions underlying the projections.
 witheptions. Actual results and developments may vary materially from those described, as they are subject to a number of known and unknown risks and uncertainties. Such risks and uncertainties include, but are not limited to, general economic, market and business conditions; general conditions and competition in the IT industry; concentration of revenues; the Company's ability to attract, develop, motivate and retain IT personnel who possess the necessary technical skills and experience; any hoped-for benefit of the individual mentioned in this press release joining the company; demand for the Company's services; analysis, predictions, and decision-making by a new executive management team with limited experience and time running the Company; the Company's ability to increase the amount of services rendered to existing clients and develop new clients and reduce costs of providing services; the ability to anticipate, acquire, master and exploit new technologies as they develop; inability to secure financing to supplement the Company's working capital; failure or inability to meet a client's expectations in the performance of services giving rise to claims against the Company and various other factors set forth under the caption "Factors That May Affect Future Results" in Item 6 of PRT's Annual Report on Form 10-K Form 10-K

A report required by the SEC from exchange-listed companies that provides for annual disclosure of certain financial information.


Form 10-K

See 10-K.
 for the year ended December 31, 1998.
COPYRIGHT 1999 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 1999, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Geographic Code:1USA
Date:Dec 6, 1999
Words:371
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