HOUSTON, Sept. 28, 2004 (PRIMEZONE) -- The Project Group, Inc. (OTCBB:PJTG), a leader in project management solutions, announced today that the University of Texas M. D. Anderson Hospital, a premier cancer center in the world, has awarded the Company a fourth increase and addition to its current enterprise project management contract.
Craig Crawford, CEO of The Project Group, stated, "This is the fourth additional M. D. Anderson Hospital work order we have received since this project began, totaling approximately $500,000. It is a testament to the value added by the PJTG Team, that once on-site our clients want to keep us there."
About The Project Group
The Project Group (OTCBB:PJTG) is a Microsoft Gold Certified Partner in Business Intelligence and Information Worker, specializing in Business Performance solutions centered on the areas of Business Intelligence, Workflow & Collaboration, and Enterprise Project and Portfolio Management. The Project Group provides enterprise and project level business solutions to many industries including Oil & Gas, Financial Services, Retail, Hospitality and Pharmaceutical. Many of our clients are household names, such as Southwest Airlines (LUV), Kerr McGee (KMG), and Microsoft (MSFT). PJTG was founded in 2001 by a team of senior technologists and project managers with broad Fortune 1000 project experience, and is headquartered in Houston, Texas.
For more information about the Company and its 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.