Thursday, February 10, 2005 12:45:45 PM
(COMTEX) B: The Project Group RFID Subsidiary to Develop Handheld Enabled
RFID Based Evidence Tracking System for Federal, State & Local
Law Enforcement Agencies
HOUSTON, Feb 10, 2005 (BUSINESS WIRE) -- The Project Group Inc.'s (OTCBB:PJTG)
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.
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.
SOURCE: The Project Group Inc.
CONTACT: The Project Group Inc., Houston
Craig Crawford, 281-445-3333
or
Raphael Feldman, 631-491-1100
Copyright (C) 2005 Business Wire. All rights reserved.
-0-
*** end of story *** (emphasis added)
[F6 note -- in addition to the post to which this post is a reply and preceding and following, see also:
http://www.investorshub.com/boards/read_msg.asp?message_id=5377722 ,
http://www.investorshub.com/boards/read_msg.asp?message_id=5351667 ,
http://www.investorshub.com/boards/read_msg.asp?message_id=5345739 (item 29),
http://www.investorshub.com/boards/read_msg.asp?message_id=5271529 and preceding, and
http://www.investorshub.com/boards/read_msg.asp?message_id=5024432 and preceding.]
RFID Based Evidence Tracking System for Federal, State & Local
Law Enforcement Agencies
HOUSTON, Feb 10, 2005 (BUSINESS WIRE) -- The Project Group Inc.'s (OTCBB:PJTG)
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.
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.
SOURCE: The Project Group Inc.
CONTACT: The Project Group Inc., Houston
Craig Crawford, 281-445-3333
or
Raphael Feldman, 631-491-1100
Copyright (C) 2005 Business Wire. All rights reserved.
-0-
*** end of story *** (emphasis added)
[F6 note -- in addition to the post to which this post is a reply and preceding and following, see also:
http://www.investorshub.com/boards/read_msg.asp?message_id=5377722 ,
http://www.investorshub.com/boards/read_msg.asp?message_id=5351667 ,
http://www.investorshub.com/boards/read_msg.asp?message_id=5345739 (item 29),
http://www.investorshub.com/boards/read_msg.asp?message_id=5271529 and preceding, and
http://www.investorshub.com/boards/read_msg.asp?message_id=5024432 and preceding.]
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