PISCATAWAY, N.J., May 12, 2011 (GLOBE NEWSWIRE) -- PRG Group, Inc. (Pink Sheets:PRGJ), a leading full-service business process outsourcing company focused on serving middle-market enterprises, is pleased to announce the official launch of the company's corporate global marketing strategy, which includes its new website, corporate logo and additional elements for PRG's domestic and international expansion.
Uma Pandey, CEO of PRG Group, states, "As the company's sales strategy strengthens through organic client acquisition it's important to recognize that PRG's message and marketing approach to communicate our business capabilities to future clients must continue to evolve as well for continued growth. We're very pleased to have completed this milestone and offer our current and potential domestic and international clients access to our materials in a current and focused manner. Our new brand reflects the future direction of PRG Group and gives a clearer overview of the merged business information technology space in which we operate."
With regard to the aforementioned dividend, Mr. Pandey also stated, "The Company has received a good deal of feedback from its shareholders and has taken this into consideration. The board has decided to withdraw the dividend at this time and keep the Government Services Division, which is currently capturing the majority of the company's revenue, as part of PRG Group. We thank our shareholders for their input and support."
About PRG Group, Inc.
PRG Group is a global information, consulting and technology provider that specializes in delivering company wide solutions specifically in the areas of managed services, remote support, business software integration and optimization and enterprise-wide voice, data, networking, unified communications and security solutions to customers worldwide. PRG Group, Inc. supports middle-market established businesses that already outsource, and businesses seeking to maximize return-on-investment from their in-house workforce. For more information, please visit http://www.prg-group.com
Forward-Looking Statements
Statements made in this press release that are not historical facts constitute "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, Section 21 of the Securities Exchange Act of 1934 and the Private Securities Litigation Reform Act of 1995. Such statements rely on a number of assumptions concerning future events, many of which are outside of the Company's control, and involve risks and uncertainties that could cause actual results to differ materially from opinions and expectations. All information in this release is as of the date hereof. The Company undertakes no duty to update any forward-looking statement to conform the statement to actual results or changes in the Company's expectations.
CONTACT: Media Contact: PRG Group Inc Investor_Relations@prg-group.com Tel: 732 665 0068