SOURCE: PRG Group Inc.

November 09, 2006 16:59 ET

PRG Group Inc. & Exam Matrix Team Up With K.G. Somani to Launch CPA Review Class in India

PISCATAWAY, NJ -- (MARKET WIRE) -- November 9, 2006 -- The Financial Services Division of PRG Group Inc. (PINKSHEETS: PRGJ) announces the launch of CPA review classes in India under exclusive agreement with ExamMatrix and strategic partnership with K.G. Somani, a chartered accounting firm. The Company is targeting corporate training for multinational corporations and major accounting firms worldwide.

In addition to training, the company also announces a strategic move into launching Sarbanes-Oxley Consulting and Systems Integration Services to target public companies.

Ajay Bajaj, CFO and Director, states, "This corporate training launch will put us ahead of our competition, companies such as Becker -- a Devry franchise. We feel this strategic move will also help us in gaining market share while being able to appeal to major global corporations such as the GEs of the world as well as with accounting firms such as E&Y, D&T and PWC. We also plan to introduce more courses to cover CISA, CFA and SOX compliance very shortly."

About Exam Matrix

Matrix Learning Systems, Inc. (and the ExamMatrix brand) is a privately held computer-based training (CBT) company (financially backed by Atkinson Mullen Group of Pennsylvania) based out of Centennial, CO, that focuses primarily on professional certification examination preparation. Through product development and acquisition, ExamMatrix looks to be the premier exam preparation provider in the Accounting and Financial Professional Certification Exam Industry. For more corporate information please go to

About K.G. Somani Chartered Accountants

K. G. Somani & Company is a Chartered Accountant firm established in 1963 by Sh. K.G. Somani. Somani is a fellow member of the Institute of Chartered Accountants of India and the Institute of Company Secretaries of India.

Mr. Somani was elected as a member of the Central Council of The Institute of Chartered Accountants of India in 1979, and was a council member during 1979-1992 (12 years). Mr. Somani also served as the President of The Institute of Chartered Accountants of India in 1988-89. The professional team of K. G. Somani & Co. consists of 12 Chartered Accountants.

About PRG Group Inc.

PRG Group Inc. is a global provider of innovative consulting, technology, and outsourcing services. PRG delivers solutions that leverage the process knowledge of the company's consultants. Services include business process improvement, analytical services, ERP implementations, global rollouts, E-business solutions, upgrades, testing, as well as application management, and infrastructure support.

PRG currently partners with companies such as IBM, Microsoft, and Sun Microsystems to maximize the value transferred to customer. With over a decade of experience per consultant, PRG clients can become more competitive and cutting edge by utilizing their services. For More information go to the corporate Website at:

Safe Harbor Statement:

Except for historical information contained herein, the matters set forth above may be forward-looking statements that involve certain risks and uncertainties that could cause actual results to differ from those in the forward-looking statements. Words such as "anticipate," "believe," "estimate," "expect," "intend" and similar expressions, as they relate to the Company or its management, identify forward-looking statements. Such forward-looking statements are based on the current beliefs of management, as well as assumptions made by and information currently available to management. Actual results could differ materially from those contemplated by the forward-looking statements as a result of certain factors such as the level of business and consumer spending, the amount of sales of the Company's products, the competitive environment within the industry, the ability of the Company to continue to expand its operations, the level of costs incurred in connection with the Company's expansion efforts, economic conditions in the industry and the financial strength of the Company's customers and suppliers. The Company does not undertake any obligation to update such forward-looking statements. Investors are also directed to consider all other risks and uncertainties.

Contact Information