Project Group Named to Microsoft Oil and Gas Solutions Directory for 2004


HOUSTON, March 24, 2004 (PRIMEZONE) -- The Project Group, Inc. (OTCBB:PJTG), a premier Provider of Project Management Services, announced today that it was selected to be included in Microsoft's "Oil and Gas Solutions Directory 2004", available online at www.microsoft.com/resources/energy. Some of PJTG's key clients include Kerr McGee (NYSE:KMG), Southwest Airlines (NYSE:LUV), Microsoft (MSFT) and others. The Project Group's proven methodology for helping clients achieve higher return on investment (ROI) from their business initiatives with greater efficiency and speed, combined with a solid strategic roadmap for growth contributed to receiving this investment. For more information about the Company see www.projectgroup.com.

Craig Crawford, CEO of PJTG commented that "It is a real credit to our Company that of the 120 listed providers, over a dozen are current or past clients, and we are committed to expand our penetration of this market in 2004."

About The Project Group, Inc.

The Project Group, Inc., preferred provider of Enterprise Project Intelligence (EPI) Solutions, which maximize client's value from their portfolio of resources and projects, headquartered in Houston, Texas, was founded in 2001. PJTG focuses on providing enterprise-based project management solutions and improving project performance for its customers throughout the United States 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, and 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.


            

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