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Wednesday, 04/13/2005 11:40:17 AM

Wednesday, April 13, 2005 11:40:17 AM

Post# of 4972100
PJTG - news.

Press Release Source: The Project Group Inc.


Pro Squared and CT Networks Announce Plans For Strategic Marketing Agreement
Wednesday April 13, 11:14 am ET
Project Group's RFID Subsidiary to Provide Solutions and Implementation Expertise


HOUSTON, April 13, 2005 (PRIMEZONE) -- Pro Squared, Inc., a majority-owned subsidiary of The Project Group (OTC BB:PJTG.OB - News), announced today that it has reached agreement to enter into a strategic partnership with CT Networks of New York and Long Island. Under the agreement, Pro Squared will provide end-to-end RFID based solutions, training, design and implementation expertise to CT Networks' sales and marketing teams to facilitate CT Networks' presentation, sales and deployment of Pro Squared's closed-loop and supply chain RFID solutions to CT Networks' clientele. Pro Squared will, in turn, offer CT Networks' products and services to Pro Squared's clientele. The companies initially plan to pursue Pro Squared's initiative in the legal and hospital vertical markets. Longer-term plans call for a more extensive geographical penetration and penetration of other vertical closed-loop markets.
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Raphael Feldman, Pro Squared's President and an RFID industry veteran with over 26 years experience in IT solutions and RFID closed loop applications, stated, ``We are very pleased to team with CT Networks at a time when RFID is rapidly expanding. CT Networks has earned a stellar reputation in the New York Metro area and Long Island for its communication designs, implementation and post implementation customer service.''

``We are proud and excited to have been selected as Pro Squared's strategic partner in these unique verticals as a part of the Pro Squared's strategic plan,'' CT Networks President, Barry Goldstein was quoted as saying. ``As we already provide products and services into these verticals, major law firms, and hospitals, it is the right place and the right time for our organization to enter the RFID marketspace. We are poised to make the necessary infrastructure investment that will be required to assure the success of this exciting new partnership.''



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