PKCY - Park City Group, Inc. (fka PKCY)

[serfdom]

Nice stock. Been watching since last month (yes Stockefeller) when it was profiled at infinitistocks @ .54

[stockefeller]

PKCY being profiled on the penny page at Infiniti. It looks like a very bullish review IMO.
http://www.infinitistocks.com/index-main.htm

[stockefeller]

Great News For Park City Group:

Apr 25/06 07:00 Oracle Corporation Signs Licensing Agreement with Park City Group; Patent Licensing Becomes Significant Revenue Source for Company (BIZ)

[AV8R]

Press Release Source: Park City Group, Inc.


Park City Group Reports Third Quarter Increase in Revenues, Significantly Improved Operating Earnings and Second Consecutive Quarter of Profitability
Sunday April 25, 3:37 pm ET


PARK CITY, Utah--(BUSINESS WIRE)--April 25, 2004--Park City Group, Inc. (OTCBB:PKCY - News; Berlin: WKN# 925919) whose technology had its beginnings in the operations of Mrs. Fields Cookies, develops and markets patented computer software that helps its retail customers increase their sales while reducing their inventory and labor costs, announced today the filing of its second consecutive profitable quarter for the quarter ended March 31, 2004.


Park City Group reported quarterly revenues of $1,508,879 as compared to $1,391,380 in the same period last year, operating earnings of $413,352 as compared to $169,562 for the same period last year, and net income was $101,326 as compared to a loss of $372,612 for the same period last year. "This is an important achievement for the Company. While we have continued to meet and often exceed our financial plan, we think two consecutive quarters of profitability demonstrates that our strategy is on track which is important to our prospective customers as well as our investors," states Randy Fields, Chairman and CEO of Park City Group. "Our improvements were not just on the income statement and we are equally as excited about the remarkable improvement in our balance sheet in the last six months."

"We have experienced a surge in operating earnings over the past two quarters as well as in comparison of year over year. Specifically, the operating earnings in the second and third quarters of this fiscal year were $413,532 in Q3FY2004 as compared to $169,562 in Q3FY2003 and $618,037 in Q2FY2004 versus ($445,235) in Q2FY2003. This is an outstanding achievement for the Company," Fields notes. "With the improvement in revenues and operating earnings, we are now focusing on addressing improvements to our balance sheet."

In keeping with the stated objectives of careful cost controls, the total quarterly costs and expenses were reduced from $1,221,819 in the same period last year to $1,095,347 in this period. Additionally, the cash balance has improved from $436,802 in the quarter ending December 31, 2003 to $897,152 in the period ending March 31, 2004 which when coupled together with the reduction in liabilities is a significant achievement.

Total liabilities, exclusive of deferred revenue, have been reduced by over $1,000,000 from December 31, 2003. Deferred revenue represents the collections in advance for annual software maintenance agreements, which is shown as a liability, but is recorded as revenue each month over the term of the agreement. No repayments of deferred revenue are required.

"The continued reduction in our liabilities will result in reducing our going forward interest charges and coupled with our growth in operating earnings, the reduction in interest charges will significantly improve our bottom line. I am extremely pleased with our progress and we hope our shareholders and customers recognize these actions as very positive," says Fields.

Highlights of the Third Quarter are:

Third Quarter Revenues of $1,508,879 an 8.4% increase over same period last year
Operating Earnings of $413,352 a 144% increase over same period last year
Net Income of $169,562 major improvement of previous year's significant loss in the same period
Reduction of Liabilities by approximately $1 million in the period
Company experienced two consecutive quarters of profitability
Cash Balance improved substantially over prior quarter even with significant liability reduction
Stock begins trading on Third Segment of Berlin Stock Exchange
Company Initiates New ASP Model to Address 5-50 Location Prospects
Company announces new Center Store Inventory Offering
Several Customers increase licenses by substantial numbers
Two new customers in target industries of grocery and convenience stores deploy products
Q3 and Nine Months Earnings Release and Conference Call

Park City Group will formally report its final results for the third quarter and nine months ended March 31, 2004 on April 23, 2004. The Company will then host a conference call on Tuesday, April 27, 2004 at 11:00 a.m. MDT. Interested parties may join the conference call by dialing 800-341-2312 and using the PIN 2029. Any questions may be directed to the Company by contacting us at 800-772-4556. We encourage all investors to call in. Please take advantage of this chance to talk with management of Park City Group.

[AV8R]

PARK CITY GROUP ANNOUNCES INCREASE IN REVENUE AND CONTINUED PROFITABILITY IN PRELIMINARY THIRD QUARTER RESULTS



Mrs. Fields Cookies Co-Founder Randall K. Fields Optimistic About Meeting and Exceeding Quarterly Plan



PARK CITY, UTAH – March 31, 2004 – Park City Group, Inc. (OTCBB: PKCY) announced today that based on the preliminary quarterly results for the third quarter ending March 31,2004, it anticipates significant growth in revenues, operating and net income as compared to the same period in the previous year. The revenue growth together with the continued focus on cost controls means that the Company will meet and likely exceed its quarterly financial plan for Q3 of FY2004.



Park City Group expects to report third quarter revenues in the range of $1.4 million to $1.6 million and that it will finish the third quarter of FY2004 with its second consecutive profitable quarter.



“We believe that our success is measured by the success of our customers and this quarter’s revenues are composed of additional licenses from several existing customers. These add-on sales are a good indication that our commitment to our customers’ success reaps positive results,” states Randy Fields, CEO of Park City Group. “Preliminarily, our third quarter results will also show that the Company has made significant progress in improving its balance sheet, but we will defer discussion of this achievement to a later time. We are proud of the fact that our team has produced our second consecutive profitable quarter”



In reviewing the anticipated profitability growth, Fields noted, “we are pleased that our anticipated profitability of both operating and net income is a continuation of our planned financial growth. Our list of potential customers continues to grow with named prospects and is due in part to all our efforts in improving Company visibility for our shareholders and in our business marketplace by participating in tradeshows, press coverage of customers and articles we have written for trade publications.”

[AV8R]

29-Mar-2004

Regulation FD Disclosure


Item 9. Regulation FD Disclosure.
On March 29, 2004, Park City Group, Inc. CEO, Randall K. Fields, discussed in a radio interview his optimism for the quarter ending March 31, 2004. Mr. Fields expressed that he was feeling good about the quarter and that operations are ahead of original plans. He anticipates that the quarter will show substantial improvement over the corresponding quarter last year. The Company expects to announce preliminary quarterly results shortly after the end of the quarter. The information furnished in this Item 9 (which is being furnished under Item 12) shall not be deemed "filed" for purposes of Section 18 of the Securities Exchange Act of 1934, as amended, or otherwise subject to the liabilities of that section, nor shall such information be deemed incorporated by reference in any filing under the Securities Act of 1933, as amended, except as shall be expressly set forth by specific reference in such a filing.

[AV8R]

3/24/2004 9:14:00 PM News Release Index


Park City Group Delivers Product Enhancements to Its Already Well-Received Software Program -- Fresh Market Manager --

PARK CITY, Utah, Mar 24, 2004 (BUSINESS WIRE) --

Park City Group, Inc. (OTCBB:PKCY) reported today that Fresh Market Manager, its solution to addressing perishable inventory and production planning needs of supermarkets, has released a new version of the product with significant enhancements that has been well received by the customers. 'We look at each opportunity to improve the products as a chance to include suggestions based on customer feedback,'notes Randy Fields, CEO of Park City Group, Inc. 'Fresh Market Manager is one of the first solutions to address the specific needs of departments with perishable products and we have had the benefit of excellent customer feedback. We think this new version of the product is even more competitive in the marketplace and we expect our features and functions will exceed most other vendor offerings making it an excellent solution to keep supermarkets competitive against Wal-Mart.'

Included in this new release are a number of specific customer recommended enhancements which include: two new drill-down views period-over period and daily sales distribution for increased visibility of the item level activity for each product in the department; two important enhancements to the patented demand forecasting capability of the software; new user interfaces to assortment planning; improved data translation from the Point-of-Sale information directly into the forecast and a 100% JAVA deployment for the locations.

'We know that these product improvements may seem more technical in nature, but the end result is the maturing and improving of the product. Because of our product stability we are now able to deliver product enhancements. This allows us to focus on simplifying the product for the end-users and adding functionality, where other products new to the market are still working the bugs out,'said Fields. 'We now are able to look at the product and envision new capabilities that increase the value of our product to the customers. This should place our functionality and product stability at the top of the list of feature rich solutions for perishable product management.'

[AV8R]

3/23/2004 6:00:00 AM News Release Index


With Nearly 900 Locations, Pacific Sunwear of California Completes Substantial Additional Purchase of Park City Group Software

PARK CITY, Utah, Mar 23, 2004 (BUSINESS WIRE) --

Park City Group, Inc. (OTCBB:PKCY) announced today that one of its premier customers, Pacific Sunwear of California (Nasdaq:PSUN) has entered into a licensing agreement to substantially increase the number of locations using the Park City Group ActionManager software and has licensed an additional product.

Pacific Sunwear (PacSun) is a long time user of the ActionManager applications and has been featured in a number of industry publications and conferences where they attributed their ability to reduce and eliminate unnecessary paperwork at their locations to the ActionManager applications. They have also described the beneficial return on investment they have achieved using Park City Group products. The new product they acquired with this license agreement is ActionBoard, the dashboard, real-time alert monitoring application. The first license agreement between the companies was executed in 1994 when Pacific Sunwear had less than 100 locations, and today, Pacific Sunwear has nearly 900 locations.

'We have had and continue to have a long and successful relationship with Park City Group,'notes Ron Ehlers, Vice President of Information Services. 'Our business has come to rely upon the features of the applications we have licensed from them. We evaluate a successful relationship with our vendors as one that includes more than just software; it includes the vendor's services and the people we work with, and we are pleased to be able to work with Park City Group on an on-going basis.'

'We think of Pacific Sunwear as one of our most important customers and we believe that our success is a measure of our customers'success,'notes Randy Fields, CEO of Park City Group. 'Pacific Sunwear is among the largest of our customers using the software today. When our customers add on licenses and obtain new products, we consider it to be the most important of our sales efforts because it reflects the commitment of the customer and pushes us to strive for excellence in customer service. We focus on the needs of our customers and it fuels our passion for innovation and after all, innovative technology has the power to eliminate obstacles and create opportunities. The acquisition of ActionBoard and the additional licenses represents a significant contract between our organizations; it solidifies our relationship and we look forward to many more years of working together. We are truly gratified that they have chosen us to be one of their partners.'

About Pacific Sunwear of California, Inc.:

Pacific Sunwear of California, Inc. is a leading mall-based specialty retailer of everyday apparel, accessories and footwear designed to meet the lifestyle needs of active teens and young adults. Pacific Sunwear of California believes its stores are differentiated by a carefully edited selection of popular and emerging brands that are offered together with the Company's own brands. As of January 31, 2004, Pacific Sunwear of California operated 677 PacSun stores in all 50 states and Puerto Rico, 121 d.e.m.o. stores and 79 Outlet stores. To see more information about Pacific Sunwear of California, please visit their website at www.PacSun.com.

[AV8R]

Press Release Source: Park City Group Inc.


Park City Group's Newest Product -- Fresh Market Manager -- Attracts Industry Media Attention
Thursday March 18, 6:00 pm ET
Currently Being Used by Industry Leaders Such as Tesco Lotus-Thailand, Price Chopper, Schnuck Markets and Wawa Convenience Stores


PARK CITY, Utah--(BUSINESS WIRE)--March 18, 2004-- Park City Group Inc. (OTCBB: PKCY - News) announced that its Fresh Market Manager product has been identified by the well-respected Fairchild Publications' Supermarket News as one of the noteworthy solutions to address the critical need for managing perishable products in supermarkets. Supermarket News, the leading publication serving the $729-billion U.S. food retailing business, has been an industry mainstay for 50 years.

In the published article "Predicting Perishables," Park City Group's Fresh Market Manager was identified as "one of the first FIM (Fresh Item Management) applications, developed back in the mid-1980's for Mrs. Fields Cookies...." The article continues with an analysis of the current implications of the Fresh Item Management marketplace and notes how the Park City Group customers have achieved outstanding results through the use of the Fresh Market Manager product.

"It was especially gratifying to be recognized as one of the earliest solutions available to address the problems associated with perishable products. Not only have we focused our attention on the reduction of shrink, mark downs and throwaways, but we also pioneered the technology for demand forecasting and its impact on production planning. The fact that we can also deliver the costs down to the individual item level is an important factor in controlling perishable department costs," said Randy Fields, CEO of Park City Group Inc.

Also cited in the article was Randy Wedel, senior vice president of marketing and merchandising for Schnuck Markets, a user of the Park City Group Fresh Market Manager application. Wedel commented on the availability of needed information to make timely and accurate decisions for business improvement.

"Acknowledgement of our product and its capabilities is crucial to increasing product visibility in the marketplace," notes Fields. "Being included in this article will help us to attract more potential customers for not only our Fresh Market Manager product, but our Center Store Inventory and Labor Management solutions as well."

A copy of the article in its entirety can be obtained by contacting Park City Group directly (1-800-772-4556).

[AV8R]

March 2004 President's letter:

To Our Valued Shareholder:

At Park City Group, focusing on the needs of customers fuels our passion for innovation. We believe innovative technology has the power to eliminate obstacles and create opportunities.

Retail businesses have significant needs when it comes to information. Making information actionable is central to a company's performance. The ability to collaborate and share ideas, to make better-informed decisions, and to understand customer buying behavior relies on effectively managing information. At the same time, reducing costs remains a priority. Our patented software helps retail customers increase their sales while reducing their inventory and labor costs; the two largest, controllable expenses in the retail industry.

Everyone has experienced long waits in the check-out stand or the lack of customer service. We all have gone to the store to purchase an item that is not in stock and has sold out. Park City Group addresses these problems.

Today, the solutions we create span the entire organization, using technology to give our customers an essential advantage especially as the business of retailing becomes increasingly competitive not only from traditional retailers, but internet retailing and Wal-Mart.

During the year, the Company's senior leadership refined our strategy for achieving growth and success in the years ahead. To help you understand our approach to the possibilities before us, we would like to share with you our business plan.

A Challenging Environment
Because Park City Group continues to make substantial investments in development to enhance the power and value of our products, we are optimistic about the Company's long-term growth opportunities. Like any business, however, we face challenges in both the near and long term. We are addressing them with a well defined plan.

Investments made in research and development in 2001, 2002, and 2003 are beginning to deliver results and driving our business forward. Our progress in the development of a new architecture and new releases of Fresh Market Manager (FMM) and ActionManager are creating positive impacts both for us and in the retail industry. To date, we have been granted numerous patents protecting our intellectual property rights, generated recurring revenues and retained a reputable and well-known customer base. In addition, we have released version 4.0 of both products.

The results are beginning to show. We expect to post a profit in the second quarter of FY2004 (ending June, 2004) exceeding our financial plan. Additionally, we anticipate meeting and exceeding our financial plan through the balance of the fiscal year.

In order to sell more products to our customers and provide new customers with very best solutions available, our business plan details several initiatives currently underway:

Expand our inventory products beyond grocery perishable departments (FMM) and into the center store (products that are non-perishable like canned goods, snacks, beverages, etc.)
Expand the distribution of our workforce products beyond selling ourselves to have partners presenting our products
Deliver best-in-class responsiveness to customers
Strengthen our product leadership
Improve our balance sheet
Ignite customer enthusiasm and continue to use marketing strategies to tell the Park City Group story
Expanding Beyond Fresh Market Manager
As fast-food providers and other Home Meal Replacement players encroach on the supermarket industry, supermarkets have been forced into a position of increasing their perishable department sales from less than 20% to more than 50% of total sales in recent years. The growth in higher margin perishables’ sales has resulted in a variety of management difficulties for retail-focused supermarkets. Supermarkets have attempted to deal with this “new world” with a variety of antiquated gross profit-based business processes, but have largely failed. Our Fresh Market Manager product addresses these problems by helping supermarket enterprises provide higher quality fresh food products in their perishable departments, increasing sales and customer service levels; accomplished by utilizing our just-in-time inventory control, forecasting and production systems.

As critical as the perishable departments are for the supermarket industry, the other half of the store, containing non-perishable items such as dry goods, breads, beverages and cereals predominately lacks updated technology and relies on manual inventory control processes; which are not an efficient task when the center store contains between 20,000 – 50,000 items. Leveraging the investments we made in Fresh Market Manager, especially those of inventory control and forecasting capabilities, we are able to develop and extend products into the center store. We will be able to provide our existing Fresh Market Manager customers and new customers with a complete store-wide inventory system, within the next few months.

Expanding Product Distribution
In January, 2004 we announced a newly formed alliance with CRS Retail Systems, Inc., of Newburgh NY, a recognized leader in software and services in the retail marketplace. With more than 100,000 in-store systems installed, CRS is considered to be a trusted leader in the retail industry.

Under the terms of the agreement, CRS Retail Systems is granted an exclusive license and additional rights to brand and resell Park City Group's patented technology for labor scheduling, forecasting, and reporting into specific retail segments. The alliance was officially unveiled at the 93rd Annual National Retail Federation Convention and EXPO in New York City in January 2004. This is an achievement of another step in our plan to increase the distribution of our workforce technologies into the retail market.

Responsiveness to Customers
Providing value to our customers means not only building great products, but also listening carefully to customer concerns, responding quickly, and being more accountable. The fact that our customers are achieving improved economic performance is the best measure of OUR performance; and we don’t intend to rest on this commitment.

We have intensified our focus on engineering excellence to help ensure that our products not only deliver more value to our customers, but also become more powerful and simple to use. We continue to enhance the capabilities of our products to deliver information that is “actionable” helping our customers make more informed decisions about their business while sharing best-practices across their organization.

In short, we are committed to doing whatever it takes to ensure that our customers are highly satisfied with our products and services.

Strengthen Product Leadership
A component of our strategy was to focus on maintaining and expanding our product leadership. From the time that we purchased the software rights from Mrs. Fields Cookies in 1993, Park City Group has had eight patents issued with five pending patents. Our intellectual property is an integral part of the application strategy and it enhances and differentiates us from many of the other solution providers in the retail industry. We have invested considerable effort and energy in developing our patents and it is essential that we protect and defend them.

As a result of these investments and our ongoing developments, we have built the most comprehensive family of labor and inventory applications available—more than 20 products directly addressing the problems retailers are facing today. We support multiple languages and have installations in all hemispheres of the world. We are expanding our product base to include new solutions based on hand-held and wireless technologies.

The market opportunities before us, in the retail industry are significant. Our financial position is improving and our cost structure lean. Our products are gaining market share and our customers are highly satisfied. We have a strong management team with extraordinary depth and insight into retail operations. We are confident that we will be able to strengthen our product leadership and emerge as a market leader.

Financial Discussion Fiscal Year 2004
We set our operating plan to focus on four primary objectives for our 2004 fiscal year:

1) Grow revenues and customers
2) Maintain strict control of expenses
3) Operate a cash-positive business
4) Improve the balance sheet

I am pleased to report that even under continuingly difficult market conditions—Park City Group is meeting and exceeding plan. We posted a profit in the second quarter of FY2004. We have redoubled our efforts this year to control expenses, but not at the expense of our long term business prospects. Finally, as we begin to operate a healthy business, we anticipate the ability to improve our balance sheet this year by paying down debt. When evaluating our balance sheet, it is important to remember that our primary debt holders are predominantly composed of directors and major shareholders of the Company.

Commitment to Shareholders
We will continue to focus attention on increasing visibility of the Company to potential and existing investors through our investor relations programs and we will make every effort to improve and strengthen shareholder value.

The Path Forward
We believe our plan puts us on a sure path to achieve our goals. All of our actions are aimed at putting the customer first. Doing so, we believe, is critical to our continued success. Going forward, we will remain focused on the fundamentals. Generate cash. Strengthen the balance sheet. Maintain customer satisfaction. Extend product leadership and market share.

Making technology easier and better for customers was our inspiration 15 years ago when Mrs. Fields first rolled out computers to all of its stores. We called it Retail Operations Intelligence, and it helped revolutionize retailing. Today, we are developing products that will again transform how retailers do their business. We are totally focused on our mission of enabling businesses to realize their full potential. Our innovation not only drives our competitive advantage but also our customers’ success in the market.

We appreciate your support and offer you the opportunity to contact me at any time to discuss our plans or receive your suggestions. We are committed to working hard to earn your confidence in Park City Group.

Sincerely,

Randy Fields
CEO and Chairman
Park City Group, Inc.
[e-mail]
435.649.2221

[AV8R]

News:

Press Release Source: Park City Group Inc.


WinCo Foods with More Than 40 Stores Joins Expanding Park City Group Customer List
Tuesday March 16, 5:15 pm ET
Important New Company Added to List of Key Grocery and Supermarket Customers


PARK CITY, Utah--(BUSINESS WIRE)--March 16, 2004--Park City Group Inc. (OTCBB: PKCY - News) announced that WinCo Foods of Boise, Idaho has selected the ActionManager Scheduling application for staff scheduling in their store locations.
ADVERTISEMENT


WinCo Foods is a 30-year-old, employee-owned company based in Boise, Idaho. WinCo Foods has more than 40 stores in five states: Washington, Oregon, Idaho, California and Nevada as well as a 900,000 square foot grocery and perishable distribution center, a 110,000 square foot health, beauty, gourmet and non-food distribution center and a 70,000 square foot produce distribution center.

"We are in the midst of our implementation process," notes Fred Schorzman, vice president of information technology for Store Systems. "We can say, however, that the Park City Group Scheduler's flexibility and the way it can be configured to match our business operations requirement is just as we expected it be, based on our review of potential labor scheduling solutions."

"WinCo Foods is a unique grocery organization and we are excited to be able to work together with them. We have been working hard to increase our presence in the supermarket and grocery industry, whether it is through the use of the Fresh Market Manager application, or in this instance, our Labor Management solution. WinCo is joining our customer group of strategic grocery and supermarket leaders such as Tesco Lotus in Thailand, Price Chopper, Schnuck Markets and Winn-Dixie to name a few," said Randy Fields, CEO and president of Park City Group Inc. "We look forward to a strong and continuing relationship with WinCo Foods."

About WinCo Foods

WinCo Foods, based in Boise, Idaho has a long history of meeting the grocery needs of their customers, founded more than 30 years ago as a warehouse grocery store named Waremart. Since 1985 the WinCo Foods Employee Stock Ownership Trust has given the employees of WinCo Foods an ownership stake in the company. WinCo has over 43 stores in five states (Washington, Oregon, Idaho, California and Nevada) with more than 7,000 employees, and is opening new stores every year. More information is available by looking at their Web site -- www.WinCoFoods.com.

About Park City Group

Park City Group Inc. develops and markets patented computer software that helps its retail customers to increase their sales while reducing their inventory and labor costs: the two largest, controllable expenses in the retail industry. The technology has its genesis in the operations of Mrs. Fields Cookies, co-founded by Randy Fields, CEO of Park City Group Inc. Industry leading customers such as The Home Depot, Victoria's Secret, The Limited, Anheuser Busch Entertainment and Tesco Lotus benefit from our software. Feel free to contact us (Media Contact: Randy Fields) at 800-772-4556 or [e-mail]. To find out more about Park City Group (OTCBB: PKCY - News), visit our Web site at www.parkcitygroup.com.

[AV8R]

Press Release Source: Park City Group, Inc.


350 Unit Kwik Trip Convenience Stores Join Growing List of Prestigious Customers for Park City Group
Monday March 8, 5:00 pm ET


PARK CITY, Utah--(BUSINESS WIRE)--March 8, 2004--Park City Group, Inc. (OTCBB:PKCY - News) announced that La Crosse, WI-based convenience and gas stores Kwik Trip, Inc. has selected the ActionManager Scheduling application for staff scheduling in the store locations.

Kwik Trip is unique in the convenience store industry because they maintain total quality control over a wide variety of products by producing and packaging the items in their own state-of-the-art facilities. Kwik Trip has it own Bakery, Commissary, Dairy, Distribution Warehouse and Vehicle Maintenance divisions. The first Kwik Trip store opened in 1965 and today, there are more than 350 Kwik Trip, Kwik Star and other corporate concepts in Wisconsin, Minnesota and Iowa.

"We reviewed several labor scheduling solutions and selected Park City Group," noted Ed Strahs, Director of Information Technology for Kwik Trip. "We expect to gain labor savings and more timely visibility to the cost of our store labor."

"We are pleased to have Kwik Trip join our other industry leading convenience and gas store customers, such as Wawa, Inc. and Sheetz, Inc. in the use of our products," said Randy Fields, CEO and president of Park City Group, Inc. "Kwik Trip is a well respected regional gas and convenience store chain with a unique business model. Having already initiated its implementation process, the Kwik Trip and Park City Group team is making excellent progress."

[MartyMan]

PKCY PR
Park City Group CEO in Live Interview Reports Excellent Response to Products and Substantial Increase in Sales Prospects


--------------------------------------------------------------------------------
Tue Mar 02 19:00:00 2004 EST
PARK CITY, Utah, Mar 2, 2004 (BUSINESS WIRE) --
Park City Group
Inc. (OTCBB: PKCY) increased its products' visibility in order to add
to its already marquee customers list that includes Victoria's Secret,
Home Depot, Williams-Sonoma, Tesco Lotus, Price Chopper and Wawa
Convenience Stores, by being interviewed from the MarkeTechnics trade
event in a live interview. CEO, Randy Fields, co-founder of Mrs.
Fields Cookies, interviewed by Stuart Smith of Small Cap Voice,
reported that interest in the company's new Center Store Inventory
Manager, Fresh Market Manager and Labor Management products has been
excellent. "I am absolutely thrilled with the interest in our
products," Fields said. "Prospective customers have not only stopped
to talk with us about our products, but they are requesting
appointments to have us come to their corporate offices to present
this to their management team. In a normal sales cycle, it would take
weeks of effort to just get a contact in a prospective customer. Our
acceptance here is likely to accelerate our sales cycle and improve
the possibility of revenues earlier than the 9-12 months we had
originally anticipated.
"We have met with new prospective customers, existing customers
and have even sparked interest in some prospects that had been
dormant, which is all good news to our sales efforts. We have
increased the number of active sales prospects by a substantial number
and that is fantastic considering the modest investment we have made
to participate in this event. We also have spoken with a number of
potential alliance partners and we are looking to these alliances to
increase our market penetration," Fields stated.
The live interview can be heard at
www.smallcapvoice.com/pkcy/pkcy.html.
About Park City Group
Park City Group is a leading provider of profit enhancing software
and services for the retail industry. The solutions were developed
initially for the Mrs. Fields Cookies business and Randall K. Fields,
who co-founded Mrs. Fields Cookies and is CEO of Park City Group. Park
City Group has such marquee customers like, The Home Depot, The
Limited, Williams-Sonoma and many more recognized retail operations.
The company uniquely leverages its expertise in retail operations
management and state-of-the-art, patented technologies to simplify the
planning and execution of complex processes; deliver timely, relevant
and "action-able" information; and improve its customers'
profitability by putting the "best manager" in every store. Feel free
to contact us (Media Contact Randy Fields) at 800-772-4556 or
[e-mail]. To find out more about Park City Group (OTCBB:
PKCY), visit our Web site at www.parkcitygroup.com.
Statements in this press release that relate to Park City Group's
future plans, objectives, expectations, performance, events and the
like are "forward-looking statements" within the meaning of the
Private Securities Litigation Reform Act of 1995 and the Securities
Exchange Act of 1934. Future events, risks and uncertainties,
individually or in the aggregate, could cause actual results to differ
materially from those expressed or implied in these statements. Those
factors could include changes in worldwide and U.S. economic
conditions that materially impact consumer spending and consumer debt,
changes in demand for the company's products and services, risks
associated with the integration of acquisitions and other investments,
and other factors discussed in the "forward-looking information"
section and the "risk factor" section of the management's discussion
and analysis included in the company's annual report on Form 10-K for
the year ended June 30, 2003 filed with the Securities and Exchange
Commission. Park City Group uses the paid services of investor
relations organizations to promote the company to the investment
community. Park City Group does not intend to update these
forward-looking statements prior to announcement of quarterly or
annual results.
SOURCE: Park City Group
Park City Group Inc., Park City
Randy Fields, 800-772-4556
[e-mail]
www.parkcitygroup.com

[tscoccol]

Yeah, I bought some yesterday because I noticed the insiders were buying shares. I might get some more today.

[mostlyconfused]

nice news today....anyone following this??

http://biz.yahoo.com/bw/040127/275821_1.html

MC

[bigarow]

PKCY was FLDT range was .08 to .21.I believe PKCY will develope this channel in the near future.

Bigarow

[jmhollen]

Park City Group Enters Into Marketing Agreement

PARK CITY, Utah, Sep 5, 2002 (BUSINESS WIRE) -- Park City Group Inc. (OTCBB:PKCY) today announced that it has recently entered into a marketing agreement with Diane T. Creston, president and creative director of New York-based Creston & Associates, Ltd.

"Working with Diane will significantly increase the visibility of our ActionManager and Fresh Market Manager products, as well as our consulting services within the retail industry," commented Park City Chairman and CEO Randall K. Fields.

"Diane's 28 years of marketing, advertising and public relations experience with specialty retailers and high profile products such as Colorforms, Cabbage Patch Kids, Playmobil, LGB of America, among others, provides her with an extensive network of contacts for the introduction of our software technology solutions and services," noted Fields. "Over the next several months Diane will identify and qualify these decision makers so that we can jointly present our Fresh Market Manager and Action Manager products to their management team."

"It is refreshing to work with a group that has developed a suite of practical software products based on knowledge acquired from founding and building a large, well-known retail organization," said Creston.

"Park City Group's retail experience coupled with their technology expertise has provided the know-how to develop a comprehensive suite of products and services that helps to significantly increase productivity and profits. This technology allows each store to perform as well as the top-producing store. It has the flexibility to meet the operational needs of the most demanding retail organization.

"I believe it is important to note," continued Creston, "that Park City Group is one of the few software companies in a unique position to offer retailers solutions addressing all aspects of their operations -- from the complicated scheduling of employees to an automated action board generating action alerts based on best practices, to forecasting sales and inventory requirements."

Park City Group's ActionManager is a suite of 18 applications designed for geographically disbursed organizations greatly simplifying complex management issues using a rules-based technology that automates workflow, employee scheduling and providing real-time alerts proactive problem solving. While ActionManager addresses people related activities, Fresh Market Manager automates the majority of planning, forecasting, ordering and administrative functions associated with inventory, particularly perishable products which can account for 50 percent of a grocery store's revenues.

About Park City Group

Park City Group is a leading provider of software and services for business productivity. The company uniquely leverages its expertise in retail operations management and state-of-the-art, patented technologies to simplify the planning and execution of complex processes; delivering timely, relevant and "action-able" information; and improve its customers' profitability by putting the "best manager" in every store. The software was developed initially for the Mrs. Fields Cookies business, co-founded by Fields.

To date, the company has sold to or installed its software solutions in more than 52,000 customer locations. For additional information, contact Park City Group at 800/835-8824, [e-mail] (e-mail), or visit the corporate Web site at http://www.parkcity.com.

CONTACT: Creston & Associates, Ltd. Diane Creston, 212/400-8698 [e-mail] or Investor Relation Resources LLC Marty Tullio (investors) 949/566-9860 [e-mail]

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[jmhollen]

Park City Group Signs Agreements With Leaders in the Grocery and Specialty Retail Markets

PARK CITY, Utah, Aug 26, 2002 (BUSINESS WIRE) -- Park City Group Inc. (OTCBB:PKCY) announced that it has recently signed seven agreements with retailers representing some of the largest grocery companies and well-known specialty retailers within the industry.

According to Park City Group Chairman and CEO Randall K. Fields, "Our unique position as experienced retailers who provide software solutions has led to the engagement of our business operations consulting group to participate in the business evaluation studies and proof of concepts.

"We have started with small engagements with each of these new customers with the specific intent of demonstrating Park City Group's ability to provide productivity and profit improvement."

"Earlier this year we began implementing an innovative sales and marketing program that over the last several months has successfully expanded our customer base," commented Fields.

"Through this program our sales and marketing team has introduced Fresh Market Manager and ActionManager software technology solutions to the leaders within our target markets and in doing so have opened some of the largest doors in the retail industry. These new relationships provide opportunities for considerable revenue growth and have significantly increased prospects for our business operations consulting organization.

"The new agreements are a direct result of the success of our sales and marketing program. Thanks to our sales team and our Business Operations Resource Group, we have added more new customers to our growing list of clients this quarter than in any quarter since becoming a public company."

As part of Park City Group's overall business plan to expand and formalize its operational consulting, the company formed its Business Operations Resource Group. The group assists Park City Group's customers and prospective customers in evaluating their business performance issues and ensuring maximum operational benefits. The group has assisted in the signing of one of the company's largest licensing agreements.

"Together," continued Fields, "our sales team and consulting group allow us to quickly and efficiently provide our customers with tailored solutions that address their specific operational needs."

About Park City Group Inc.

Park City Group is a leading provider of software and services for business productivity. The company uniquely leverages its expertise in retail operations management and state-of-the-art, patented technologies to simplify the planning and execution of complex processes; deliver timely, relevant and "action-able" information; and improve its customers' profitability by putting the "best manager" in every store.

The software was developed initially for the Mrs. Fields Cookies business, co-founded by Randall K. Fields, the CEO of Park City Group. To date, the company has sold to or installed its software solutions in more than 52,000 customer locations. For additional information, contact Park City Group at 800/835-8824, [e-mail] (e-mail), or visit the corporate Web site at: http://www.parkcity.com.

CONTACT: Investor Relation Resources LLC Marty Tullio, 949/566-9860 [e-mail]

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