SOURCE: PRG Group, Inc.

June 14, 2007 08:03 ET

Repeat: PRG Group Signs Letter of Intent to Acquire Public Safety Corporation

PISCATAWAY, NJ--(Marketwire - June 14, 2007) - PRG Group, Inc. (PINKSHEETS: PRGJ), a holding company for PRG Systems Inc. and Prime Communications Inc., is pleased to announce that it has submitted a letter of intent to acquire LOCATUM, a private public safety start up in Lyndhurst, New Jersey.

LOCATUM's primary product is a database retrieval system for first responders that provides critical information before arrival at a crisis scene, including building architectural plans. Electronic access to building plans would enable police and rescue to know the best route by which to reach persons in crisis before presence at the building. Representative buildings for the system include schools, health care facilities, public sector buildings, private apartments, office buildings and even residential housing.

"In a time of global terrorism, school shootings and natural disasters, being able to effectively see inside a building without being there could easily be the difference between life and death," said Uma Pandey, CEO of PRG Group. "The potential for LOCATUM's success speaks for itself, and we hope to secure the acquisition quickly."

PRG Group intends to secure the acquisition by issuance of restricted shares.

About PRG Group, Inc.:

PRG Group, Inc. is a holding company for PRG Systems Inc. and Prime Communications that has lines of businesses in: Consulting, Managed Services, Equipment, Network Services and Research & Development. PRG Group subsidiaries provide leading edge business support processes, technology and software to companies seeking to improve their cost structure, productivity and system efficiency. PRG Group has been recognized as a leader in designing integrated solutions for businesses of all sizes. PRG Group, Inc. is a Delaware-based corporation, with offices in New Jersey.

For more information, visit

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. Such forward-looking statements are based on the current beliefs of management 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 ability of the Company to continue to expand its operations, and economic conditions in the industry. 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