SSGI Discloses Record Backlog; Company Secures Private Funding to Increase E-Learning Services Organization

Apr 23, 2001, 01:00 ET from Strategic Solutions Group, Inc.

    ANNAPOLIS, Md., April 23 /PRNewswire Interactive News Release/ --
 Strategic Solutions Group, Inc. (OTC Bulletin Board:   SSGI), a leading services
 provider of technology-based training and just-in-time information
 applications for the manufacturing market, today announced that it has a
 record backlog of contracts to provide services valued in excess of $1.5
 million.  Additionally, the Company obtained $350,000 from three insiders to
 allow it to address the mounting backlog.
     Having attained three preliminary goals: Cost containment through expense
 controls; Raising capital through private placements; and, Increased sales of
 its e-Learning services, the Company' is now concentrating on fulfilling its
 backlog.  While the Company entered 2001 with a backlog of approximately
 $400,000 for its multimedia products, its efforts have resulted in increasing
 that backlog to in excess of $1.5 million, as of March 31, 2001. SSGI
 currently anticipates it will produce the work called for in these contracts,
 and thus book the associated revenue, during its 2001 fiscal year.
     Citing the backlog as a reason to believe the company could achieve
 significant revenue growth for the remainder of the year, SSGI's President and
 COO Ernie Wagner stated: "It's noteworthy that this backlog figure is in
 excess of our revenues for all of fiscal year 2000, signifying the additional
 demand from our existing market.  We believe that fulfillment of the backlog
 contracts will allow the Company to be profitable in each of the second, third
 and fourth quarters and the 2001 fiscal year.  Addressing the backlog should
 allow SSGI to show a profit for fiscal year 2001, 'even without projected
 revenue from new clients and projects."
     The Company also announced that on March 27, 2001 it closed a $350,000
 private placement transaction with three insiders, SSGI's Chairman of the
 Board and former CEO, John Cadigan; SSGI's President and COO, Ernie Wagner;
 and, Varsity Heavy Duty Founder and President, Tommy Stone. The Company will
 use the funds raised to address its mounting backlog.  For this purpose, the
 Company has already added five employees to its Detroit-based e-learning
 production staff.
     "There is a tremendous sense of excitement and very high morale at SSGI as
 we experience the success of our e-learning products," Wagner continued.
 "Earnings improvements and other operational growth indicators make us
 enthusiastic about our future. We are working on a robust pipeline of sales
 leads with both existing manufacturing clients, new manufacturers, and
 aftermarket truck parts manufacturers in conjunction with Varsity Heavy Duty."
 
     About Strategic Solutions Group:
     Strategic Solutions Group, Inc. is a leading services provider of
 Technology-Based Training and Just-In-Time Information software applications
 that seamlessly link digital video and audio content with rich text and
 graphics, comprehensive animations and simulations and dynamic Web links.
 These customized solutions provide end-users with a robust, fully integrated
 and highly interactive and intuitive learning experience on their computer
 desktops delivered via the Internet, Intranets, DVD, CD-ROM or any combination
 thereof.
     For more information or to view copies of recent SEC filings, please visit
 their web site at http://www.ssgi.net or contact SSGI's Investor Relations at
 1-480-839-2266.
 
     "Safe Harbor" Statement under the Private Securities Litigation Reform
     Act:
     With the exception of the historical information contained in this
 document the matters described herein contain forward looking statements that
 involve risk and uncertainties that may individually or mutually impact the
 matters herein described, including but not limited to product demand,
 competition, and market conditions, the result of litigation, technological
 difficulties, the ability of the company to obtain financing on acceptable
 terms and/or factors outside the control of the Company, which are detailed
 from time to time in the Company's SEC reports.
 
     Contact:
     Kim McIntyre
     Riley Communications
     Tempe, AZ
     (480) 839-2266
     kimmcintyre@qwest.net
 
                     MAKE YOUR OPINION COUNT -  Click Here
                http://tbutton.prnewswire.com/prn/11690X12155862
 
 

SOURCE Strategic Solutions Group, Inc.
    ANNAPOLIS, Md., April 23 /PRNewswire Interactive News Release/ --
 Strategic Solutions Group, Inc. (OTC Bulletin Board:   SSGI), a leading services
 provider of technology-based training and just-in-time information
 applications for the manufacturing market, today announced that it has a
 record backlog of contracts to provide services valued in excess of $1.5
 million.  Additionally, the Company obtained $350,000 from three insiders to
 allow it to address the mounting backlog.
     Having attained three preliminary goals: Cost containment through expense
 controls; Raising capital through private placements; and, Increased sales of
 its e-Learning services, the Company' is now concentrating on fulfilling its
 backlog.  While the Company entered 2001 with a backlog of approximately
 $400,000 for its multimedia products, its efforts have resulted in increasing
 that backlog to in excess of $1.5 million, as of March 31, 2001. SSGI
 currently anticipates it will produce the work called for in these contracts,
 and thus book the associated revenue, during its 2001 fiscal year.
     Citing the backlog as a reason to believe the company could achieve
 significant revenue growth for the remainder of the year, SSGI's President and
 COO Ernie Wagner stated: "It's noteworthy that this backlog figure is in
 excess of our revenues for all of fiscal year 2000, signifying the additional
 demand from our existing market.  We believe that fulfillment of the backlog
 contracts will allow the Company to be profitable in each of the second, third
 and fourth quarters and the 2001 fiscal year.  Addressing the backlog should
 allow SSGI to show a profit for fiscal year 2001, 'even without projected
 revenue from new clients and projects."
     The Company also announced that on March 27, 2001 it closed a $350,000
 private placement transaction with three insiders, SSGI's Chairman of the
 Board and former CEO, John Cadigan; SSGI's President and COO, Ernie Wagner;
 and, Varsity Heavy Duty Founder and President, Tommy Stone. The Company will
 use the funds raised to address its mounting backlog.  For this purpose, the
 Company has already added five employees to its Detroit-based e-learning
 production staff.
     "There is a tremendous sense of excitement and very high morale at SSGI as
 we experience the success of our e-learning products," Wagner continued.
 "Earnings improvements and other operational growth indicators make us
 enthusiastic about our future. We are working on a robust pipeline of sales
 leads with both existing manufacturing clients, new manufacturers, and
 aftermarket truck parts manufacturers in conjunction with Varsity Heavy Duty."
 
     About Strategic Solutions Group:
     Strategic Solutions Group, Inc. is a leading services provider of
 Technology-Based Training and Just-In-Time Information software applications
 that seamlessly link digital video and audio content with rich text and
 graphics, comprehensive animations and simulations and dynamic Web links.
 These customized solutions provide end-users with a robust, fully integrated
 and highly interactive and intuitive learning experience on their computer
 desktops delivered via the Internet, Intranets, DVD, CD-ROM or any combination
 thereof.
     For more information or to view copies of recent SEC filings, please visit
 their web site at http://www.ssgi.net or contact SSGI's Investor Relations at
 1-480-839-2266.
 
     "Safe Harbor" Statement under the Private Securities Litigation Reform
     Act:
     With the exception of the historical information contained in this
 document the matters described herein contain forward looking statements that
 involve risk and uncertainties that may individually or mutually impact the
 matters herein described, including but not limited to product demand,
 competition, and market conditions, the result of litigation, technological
 difficulties, the ability of the company to obtain financing on acceptable
 terms and/or factors outside the control of the Company, which are detailed
 from time to time in the Company's SEC reports.
 
     Contact:
     Kim McIntyre
     Riley Communications
     Tempe, AZ
     (480) 839-2266
     kimmcintyre@qwest.net
 
                     MAKE YOUR OPINION COUNT -  Click Here
                http://tbutton.prnewswire.com/prn/11690X12155862
 
 SOURCE  Strategic Solutions Group, Inc.