THE PROJECT GROUP INC., (OTCBB: PJTG)

Dear Readers,

Since our initial profile on The Project Group Inc. last month, (click here to read it) the company has been quite busy AND productive.  Not only did it announce a 275% increase in projected revenue for 2004 over 2003, it also announced an agreement with Southwest Airlines wherein it will expand its role in implementing Enterprise Project Management software with Microsoft's Project 2003.  This announcement marked the 10th addition to PJTG's client list over the past six months.  Directly or through Microsoft's partnership programs, other organizations engaging The Project Group during this period include: Wal-Mart, Halliburton, Waste Management, Texas Industries Inc., Cooper Cameron, Tetra Technology, Affiliated Computer Services, Carter Burgess Inc., Devon Energy Corporation and Solvay S.A.

Today Houston-based PJTG has more exciting news!   Please read on ...
 

* * * TODAY'S BREAKING NEWS FROM THE PROJECT GROUP * * *

Press Release
Source: The Project Group, Inc.
Wednesday December 10, 7:03 am ET 

HOUSTON--(BUSINESS WIRE)--Dec. 10, 2003-- The Project Group, Inc. (OTCBB:PJTG - News), the world's leading integrator of Microsoft® Project and provider of business initiative services to Fortune 1000 companies, announced today it has been named a Microsoft Premier Solution Provider. This elevation in partner status with Microsoft is expected to provide immediate, positive impact on the Company's growth. 

"Receiving Microsoft Premier Solution Provider status from Microsoft is a tremendous honor," stated Craig Crawford, The Project Group's President. "We have repeatedly demonstrated our abilities to tackle implementations and management projects of all sizes, for Fortune 1000 companies across the globe. Being named a Microsoft Premier Solution Provider further validates our market leadership and positions us to benefit more fully from Microsoft's partner portal, a lead-sharing program through which all Microsoft Project leads flow." 

Premier Solution Providers are a select group with extensive experience deploying, configuring, and developing Microsoft Project-based solutions for a wide variety of customers, ranging from enterprise-class to medium businesses. With a national or regional geographic focus, Premier Solution Providers have attained this status by invitation due to an exemplary, customer-centric approach to implementing and customizing Project Management solutions with Microsoft Project. Premier Solution Providers are members of the Microsoft Certified Partner program. 

"The Project Group has proven itself to be an exemplary partner to Microsoft," said Jeff Spencer, Business Productivity Specialist for Microsoft Project. "They provide world-class expertise and very effective proprietary processes in achieving the goals of our shared customers. This announcement demonstrates that The Project Group has surpassed the status of Gold Certified Partner, which is a regional status, and is now recognized as a worldwide partner to Microsoft for Project-based implementations and management assignments." 

To read the entire news release inclucing disclaimers, click here

Contact: 

    Trilogy Capital Partners, Inc.
    Racquel Rivera, 800-330-6540
    racquel@trilogy-capital.com

Source: The Project Group, Inc.
 
 

ABOUT THE PROJECT GROUP INC.

Employing a proprietary implementation method, The Project Group Inc., is a Microsoft Gold Certified Partner and  provides project management advisory services, implementation services, configuration, custom programming and other related products and services using its proprietary methods in accomplishing assignments.

The Project Group 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 the world. PJTG provides project management implementations, software customization, process, project turn-arounds, and project management training. 

PJTG also provides enterprise management software that looks at all projects in a company at once, on every management level, in every part of the world. This gives clients an advantage in risk assessment  cost, scope, potentials and impact and provides control.  The PJTG and Microsoft software solutions can easily integrate with other products by Oracle and Peoplesoft. The PJTG and Microsoft software even tracks the Sarbanes-Oxley Act of 2002 reporting requirements notifying management of projects that run late or break a budget. PJTG clients get a first hand demonstration,  a "Proof of Concept" on how the tools will work for them

PJTG has seen an increase in sales for the first nine months of 2003, to the  highest  revenue  experienced  in  its short  history. Consulting  revenue increased  by approximately $350,000 for the first nine months of 2003, from the comparable  period  in 2002, to a total of $1,431,000.  New customers, additional work for existing customers, and higher rates per hour for consulting services were the primary causes for the increase. 

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