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Friday, 06/22/2007 9:14:25 AM

Friday, June 22, 2007 9:14:25 AM

Post# of 7609
PRGJ - PRG Group Announces First Quarter Revenues of 1.4 Million Dollars
Thursday June 21, 4:05 pm ET


PISCATAWAY, NJ--(MARKET WIRE)--Jun 21, 2007 -- PRG Group, Inc. (Other OTC:PRGJ.PK - News), a holding company for PRG Systems Inc. and Prime Communications Inc., is pleased to announce first quarter 2007 sales revenue of $1.4 million, an increase of $634,000 (83%) over Q1 2006 revenue of $764,000. Similar percentage increases are anticipated throughout 2007.



"The majority of sales this profitable quarter were in the healthcare and industry sectors, but PRG will also target small to medium scale businesses in the coming quarters," said Uma Pandey, PRG Group CEO.

"This is an exciting time for the company, and with each goal on the agenda, we will keep our shareholders informed of our progress and successes."

PRG Group will release a 2007-2008 forecast by early August.

About PRG Group, Inc.:

PRG Group, Inc. is a holding company for PRG Systems Inc. and Prime Communications that has lines of businesses in the following areas: Consulting, Managed Services, Equipment, Network Services and Research & Development. PRG Group subsidiaries provide leading edge business support processes, technology and software to companies seeking to improve their cost structure, productivity and system efficiency. PRG Group has been recognized as a leader in designing integrated solutions for small, medium and large businesses. PRG Group, Inc. is a Delaware based corporation, with offices in New Jersey.

For more information, visit http://www.prg-group.com

Safe Harbor Statement:

Except for historical information contained herein, the matters set forth above may be forward-looking statements that involve certain risks and uncertainties that could cause actual results to differ from those in the forward-looking statements. Such forward-looking statements are based on the current beliefs of management and information currently available to management. Actual results could differ materially from those contemplated by the forward-looking statements as a result of certain factors, such as: the level of business and consumer spending, the ability of the Company to continue to expand its operations, the level of costs incurred in expansion efforts, and economic conditions in the industry. The Company does not undertake any obligation to update such forward-looking statements. Investors are also directed to consider all other risks and uncertainties.



Contact:
Contact:

Tanya Davis
Tel: 866-400-2399
Email Contact



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Source: PRG Group, Inc.


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