The Project Group Enrolls in Investrend Shareholder Empowerment Program


NEW YORK, Feb. 23, 2004 (PRIMEZONE) -- The following is an investment opinion issued by Investrend Research Syndicate:

The Project Group, Inc. (OTCBB:PJTG), a leading project management solution provider, has enrolled in the unique shareholder empowerment platform administered by Investrend Communications, Inc., a financial intelligence provider.

Institutional coverage will be initiated by Investrend Research analyst Piyali Chakravarty. Investrend Research is located on the web at http://www.investrendresearch.com . In addition, the company will be featured as "Company of the Week (tm)" at Investrend Broadcast (http://www.investrendbroadcast.com) following the issuance of the report.

The Project Group Inc., a Microsoft Gold Certified Partner and Project Premier 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 the Fortune 1000, completing assignments for companies that include Waste Management (WMI), Microsoft (MSFT) and Texas Industries Inc. (TXI). PJTG, headquartered in Houston, Texas, 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 world.

For more information, visit http://www.projectgroup.com.

An InvestorPower(tm) page has been created regarding the company at http://www.investrend.com/company/list.asp?sPathParam=yes.

Ms. Chakravarty, a member of AIMR, has served tenures in sell-side and independent research firms as an equity research and corporate credit analyst, during which she has served institutional and retail clients. She has worked at Argus Research in New York City, where she was a Securities Analyst covering the Electric Utilities industry. Prior to that, she was in emerging markets equity research for Lazard Brothers and a corporate credit analyst for Credit Lyonnais Bank. She has also worked at T&L Investments as a currency investment consultant. She is a Level 2 candidate in the Chartered Financial Analyst Program. Ms. Chakravarty received a Master of Business Administration Degree (MBA) with Honors from Point Park College in Pittsburgh and an Advanced Professional Certificate in Accounting from Pace University in New York.

Investrend Research has been the leading independent equity research publishing and distribution program since 1996, with over 65 AIMR-qualified professional analysts posting more than 700 reports to date. Anyone may enroll a company in the Investrend platforms. Enrollment fees for the Institutional Research platform are up to $28,300. The Company is paying the fees. Analysts are paid in advance for their initial reports by Investrend Research to limit or eliminate pecuniary interests, and no one associated with the program may own or trade in the equities of companies under coverage.

Anyone interested in receiving alerts regarding The Project Group research should e-mail info@investrend.com with "PJTG" in the subject line, or click on http://www.investrend.com/contact.asp.



            

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