The Project Group Announces Contract with Kerr-McGee

Enterprise Rollout of New Project Management Processes and System


HOUSTON, May 4, 2004 (PRIMEZONE) -- The Project Group, Inc. (OTCBB:PJTG), a leader in business intelligence solutions, announced today that it has signed a contract with Kerr-McGee Shared Services LLC, a wholly owned affiliate of Kerr-McGee Corp. (NYSE:KMG), to provide consulting services to assist with the implementation of an Enterprise Project Management System based on Microsoft's Project 2003.

The Project Group, Inc., a Microsoft Gold Certified Partner, 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 has provided its expertise to Fortune 1000 companies including Waste Management (WMI), Microsoft (MSFT) and Texas Industries, Inc. (TXI). PJTG focuses on providing enterprise-based management solutions and improving schedule and budget performance for its customers throughout the United States and world.

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.


            

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