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The Project Group RFID Subsidiary to Develop Handheld Enabled RFID Based Evidence Tracking System for Federal, State & Local Law Enforcement Agencies
Thursday February 10, 12:20 pm ET
HOUSTON--(BUSINESS WIRE)--Feb. 10, 2005--The Project Group Inc.'s (OTCBB:PJTG - News) RFID subsidiary, Pro Squared Inc., announced today that it is developing a handheld enabled, RFID based evidence tracking system for use by Federal, State and Local Law Enforcement officials. This system is only available for demonstration to the law enforcement community on a highly restricted basis for confidentiality purposes.
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The solution is network-based to allow law enforcement personnel to RFID tag and track of all evidence as it is collected, categorized and stored at various locations throughout the Law Enforcement and Court systems before, during and after trial. As evidence moves through the law enforcement system, from the scene of a crime and through the court system, Pro Squared's RFID solution & technology will track the location of any single piece of evidence, within any law enforcement building which is connected to the RFID system. Further, Pro Squared's RFID solution will track the chain of custody of evidence.
Chain of custody tracking presents critical challenges to law enforcement and the prosecution teams who must present the evidence during trials. Pro Squared's VPN based system is designed to locate, track and create audit trails of all evidence collected while in the possession of Law Enforcement. Documenting and reporting the chain of custody of evidence is a vital process, in today's law enforcement and prosecutorial divisions as well the court system of the United States. Pro Squared's solution will help automate and correct many of the issues that have plagued those burdened with the task of tracking thousands of pieces of evidence. The responsibility of chain of custody for evidence once collected, includes, police officers, administrative staff, clerical employees, court officers and employees, prosecutors, defense attorneys and many others.
Pro Squared President Raphael Feldman developed an early version of the system to help track Arson Evidence gathered by the State Arson investigators in the state of Indiana. By restructuring our database engine, and vital key components, Pro Squared will be capable of expanding the solution to the complete law enforcement community, including Federal, State and Local authorities, all of whom are responsible for knowing the whereabouts of evidence collected when crimes have occurred.
About The Project Group Inc.
The Project Group is a Microsoft Gold Certified Partner in Business Intelligence and Information Worker Solutions that provides enterprise-level business solutions to Oil & Gas, Financial Services, Retail, Hospitality and Pharmaceutical industries. The Project Group provides project management, collaboration, and Sarbanes-Oxley focused consulting services to Fortune 1000 organizations, including M.D. Anderson Hospital, Microsoft, and several of the largest Oil and Gas Companies in the world. PJTG was founded in 2001, and is headquartered in Houston.
About Pro Squared Inc.
Pro Squared Inc is a subsidiary of The Project Group focused on closed loop RFID solutions. RFID technology replaces traditional, unreliable bar codes and is rapidly becoming the state-of-the-art in supply chain management. RFID tags consist of silicon chips and antennae that can transmit data to a wireless receiver. Recently, Wal-Mart has mandated that all major vendors utilize RFID and recently Pfizer, Smith Kline, Purdue Pharma and the FDA have all announced new RFID programs.
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 the acceptance and growth of RFID as a viable solution in general and in law enforcement agencies, in particular, Pro Squared's ability to develop a reliable and cost effective RFID evidence tracking system, the possible entry of competition to RFID as a solution and entry of competing RFID solution providers and 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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Contact:
The Project Group Inc., Houston
Craig Crawford, 281-445-3333
or
Raphael Feldman, 631-491-1100
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Source: The Project Group Inc.
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