Archive for 2007

Park City Group Announces First Quarter 2008 Financial Results

Revenues Increase 46% Due to Significant Growth in Subscriptions, Services and License Sales

PARK CITY, UT November 19, 2007 Park City Group, Inc. (OTCBB: PCYG) today announced financial results for the first quarter ending September 30, 2007. For the first quarter 2008, the Company increased revenues by 46% to $854,264, which does not include a gain of $200,000 for patent activity. This compares to revenues of $585,895 for the quarter ending September 30, 2006. The increase in revenues is due to the growth in all new business areas including software sold on subscription, professional services, and license sales.
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Park City Group Signs Subscription-Based Contract for ActionManager® with Event Network, Inc.

Leading Gift Shop Operator to Utilize Park City Group’s Labor Scheduling and HR Workflow Tools

Park City, Utah October 29, 2007 Park City Group, Inc. (OTCBB: PCYG), a leading provider of inventory and labor optimization solutions, today announced that Event Network, Inc., the leading operator of gift shops for highly regarded cultural attractions throughout North America, has signed a subscription-based service agreement to use ActionManager — Park City Group’s labor scheduling and automated HR workflow tools in their stores.
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Park City Group Appoints Noted Executive Robert W. Allen to Board of Directors

PARK CITY, Utah–(BUSINESS WIRE)–Park City Group, Inc. (OTCBB: PCYG), a leading provider of patented inventory and labor optimization software solutions for retailers, announced today that noted dairy industry veteran Mr. Robert W. Allen has joined its Board of Directors.

Mr. Allen is a seasoned executive with many years experience as Chairman, President and Chief Executive Officer of businesses ranging in size from $200 million to $2.5 billion. Mr. Allen has over thirty years experience in the dairy industry, most notably as a catalyst for developing companies and a turn-around agent for troubled companies or divisions.
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Park City Group Appoints John Merrill as Chief Financial Officer

PARK CITY, Utah–(BUSINESS WIRE)–Park City Group, Inc. (OTCBB: PCYG), a leading provider of patented inventory and labor optimization software solutions for retailers, announced today that financial industry veteran Mr. John Merrill has been promoted to Chief Financial Officer. Mr. Merrill will report to Chairman and Chief Executive Officer Randall K. Fields.
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Park City Group Hires Well Known Information Technology Veteran Roy Powell as Manager of Customer Implementations

Park City, Utah – August 07, 2007: Park City Group, Inc. (OTCBB: PCYG), a leading provider of inventory and patented labor optimization software and business solutions for retailers, announced today that it has added Roy Powell as Manager of Customer Implementations. Mr. Powell’s extensive background in the Supermarket Industry, and specifically in Perishable Inventory Management, will enable him to provide the necessary support to Park City Group’s numerous Fresh Market Manager and Supply Chain Profit Link implementations. (more…)

Park City Group Signs Significant Contract with Source Interlink Companies for Data Management and Business Analytics

Leading Magazine, CD and DVD Distributor to Utilize Park City Group’s Visibility and Data Analytics Tools

Park City, Utah – July 17, 2007 – Park City Group, Inc. (OTCBB: PCYG), a leading provider of inventory and labor optimization solutions, today announced that Source Interlink Companies, Inc. (NASDAQ: SORC), a leading provider of merchandising and fulfillment services for home entertainment content products, has agreed to use Park City Group’s data management and business intelligence tools to help analyze retail front-end profitability, and manage inventory distribution, merchandising, and product placement.. (more…)

Park City Group Selects Representative for Growing Japanese Retail Market

PCG Continues Global Expansion Through Agreement with Nikkohren, Inc.

Park City, Utah – June 19, 2007 – Park City Group, Inc. (OTCBB: PCYG), a leading provider of inventory and labor optimization solutions, today announced that it has entered into an agreement with Nikkohren, Inc. to introduce PCG’s Fresh Market Manager, Supply Chain Profit Link, and ActionManagerâ„¢ product suites to the Japanese convenience store and grocery market. Nikkohren, Inc. is a retail field marketing agent for over 250 brands in Japan who has established successful relationships through their many contacts in the supermarket and convenience store industries for several U.S. based companies. (more…)

Park City Group Integrates Fresh Market Manager and ActionManager Products for International Retailer

Leading Multinational Supermarket Retailer to Utilize Park City Group’s FMM and AM Products to Optimize Operations and Freshness for Consumers

Park City, Utah – June 14, 2007 – Park City Group, Inc. (OTCBB: PCYG), a leading provider of inventory and labor optimization solutions, today announced that a leading international retailer has begun integrating its Fresh Market Manager and ActionManager products to optimize assortment plans, labor and task schedules, manage shrink and stock-outs, and improve quality and freshness for consumers. While numerous convenience stores have integrated Park City Group’s primary products to improve their operations, this is the first time that a supermarket retailer has done so (more…)

Park City Group’s Supply Chain Profit Link Continues Rapid Growth

Adds Three Top Tier Supermarket Retailers and Five Category Engagements

Park City, Utah – May 31, 2007 – Park City Group, Inc. (OTCBB: PCYG), a leading provider of inventory and labor optimization solutions for retailers, today announced that its Supply Chain Profit Link (SCPL) data management and business intelligence tool has added a tenth supermarket retail customer and is on track to exceed its earlier growth outlook. During the month of May 2007, the Company added three prominent supermarket retailers to its increasing list of Supply Chain Profit Link Customers to bring the total number of retailers on the program to ten. Two of the three retailers added in May are divisions of one of the Top 5 supermarket retailers worldwide and the third is one of the leading retailers in Canada. Additionally, Park City Group added five more supermarket categories to the program bringing the current number to twenty-six. This rapid acceptance and expansion of the program exceeds earlier outlooks by the Company. (more…)

Park City Group Hires Industry Veteran Linda Heft as Manager of Business Solutions

Increasing Demand for SCPL Business-Intelligence Solution Requires Additional Resources to Scale Multiple Implementations

Park City, Utah – May 17, 2007 – Park City Group, Inc. (OTCBB: PCYG), a leading provider of inventory and labor optimization solutions for retailers, today announced that Ms. Linda Heft, a highly experienced senior retail industry executive, has joined the company to manage business processes for its Supply Chain Profit Link (SCPL) category management application. (more…)


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