World Trade Press
Project Group Receives Quarter-Million-Dollar Purchase Order From Microsoft
, 09.16.04, 2:05 PM ET
Sep 16, 2004 (financialwire.net via COMTEX) -- (FinancialWire) The Project Group Inc. (OTCBB: PJTG) said it has received a purchase order for additional project management advisory services in the amount of $240,000 from Microsoft Corporation (NASDAQ: MSFT).
CEO Craig Crawford said the purchase order "continues the services begun in late 2003 to design and configure one of the largest Enterprise Project Management Systems (EPM) in the world at a large business and technology solutions company headquartered in the Dallas area.
"Fortune 500 clients are recognizing the critical importance of EPM systems in helping them manage resources, costs, and schedules. This is our fourth consecutive renewal in this long-term assignment and we expect the effort to continue into 2006."
The Project Group is enrolled in Investrend Research's unique and pioneering professional analyst program, which facilitates independent analysts to provide financial coverage for shareholders and investors in companies that otherwise would have little or no analyst following. On May 12, 2004, Investrend analyst Piyali Chakravarty, who stated "The Project Group's status as Microsoft (NASDAQ: MSFT) Gold Certified Partner and Microsoft Managed Partner is expected to enhance the company's competitive position in the Enterprise Resource Planning (ERP) and consulting industry," rated the company a "Speculative Buy / 4." The rating was reiterated in an update June 14.
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Originally posted by stemcells:
receives 1/4 million purchase order from Microsoft!!!!!!!!!