HOUSTON, Jan. 9, 2004 (PRIMEZONE) -- The Project Group, Inc. (OTCBB:PJTG), the world's leading integrator of Microsoft(r) Project and provider of business initiative services to Fortune 1000 companies, announced today it has been engaged by Devon Energy Corp. (AMEX:DVN), the largest U.S.-based independent oil and gas producer, to provide advisory services related to the implementation of Enterprise Project Management with Microsoft's Project 2003.
"We are very pleased that major oil and gas industry leaders such as Devon are adopting MS Project and our processes," stated Craig Crawford, president and chief executive officer of The Project Group. "As we clearly continue to demonstrate, The Project Group's project management processes have application across all industries and platforms."
This announcement marks the twelfth 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., and Solvay S.A.
About The Project Group
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 the Fortune 1000 including 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.
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 Form 10 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.