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Tuesday, 03/15/2005 12:51:09 PM

Tuesday, March 15, 2005 12:51:09 PM

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Todays News, good news continues to come...


Global Pharmaceutical Giant Selects The Project Group for Enterprise Project Management
HOUSTON, Mar 15, 2005 (BUSINESS WIRE) --
The Project Group Inc. (OTCBB:PJTG), a leader in project management solutions, announced today that a Global Pharmaceutical giant with several billion in annual revenues, with U.S. headquarters in Texas, has selected the Company to establish an Enterprise Project Management proof of concept based on Microsoft's Project Server 2003 Software and PJTG's processes. Other major clients include Microsoft (Nasdaq:MSFT), M.D. Anderson Hospitals, and Kerr McGee.

"Our Team is continuing to prove the value of Enterprise Project Management and Microsoft's Project, combined with The Project Group's processes. This new Health Care Industry client further extends our reach, and reinforces the strongest backlog in our history at well over one million dollars," said Craig Crawford, president and CEO of The Project Group Inc.

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. For more about The Project Group Inc. go to: http://www.projectgroup.com /

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. For more about Pro-squared Inc. go to: http://www.pro-squared.com /

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, fulfill all backlogs and the unpredictable nature of business risks; as well as the ability to establish and grow brand awareness of PJTG and Pro Squared 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.

The Project Group Inc.
Craig Crawford, 281-445-3333
or
Raphael Feldman, 631-491-1100
or
Osprey Partners
Mike Mulshine, 732-292-0982

ir@projectgroup.com


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