Park City, Utah February 5, 2008: Park City Group, Inc. (OTCBB: PCYG), a leading provider of patented inventory and labor optimization software solutions for retailers, announced today that Mr. James R. Gillis has joined its Board of Directors.
Mr. Gillis is President, Chief Operating Officer and Co-CEO of Source Interlink Companies, Inc., a premier marketing, merchandising and fulfillment company of entertainment products where he has been instrumental in developing annual revenues in excess of $1.9 billion and over 95 business units in the US. While at Source Interlink, Mr. Gillis has also developed and maintained relationships with public equity investors, hedge funds, stock analysts, investment banks and private equity firms, both domestically and internationally, while creating a marketing infrastructure to provide a portfolio of fully integrated products and services in 110,000 locations for more than 1,000 retail chains.
Prior to his tenure with Source, he was President, CEO, and Owner of Brand Manufacturing Corporation, a leading designer and manufacturer of retail display systems. Previously, he was Managing Partner of Aders, Wilcox, Gillis Group, a global developer of trade relationships serving major brand marketers and retailers worldwide.
“The extensive relationships and financial expertise that Jim has developed in his distinguished career will be tremendous assets to our Company. He has long-standing relationships with many of the organizations with whom we do business and desire to do business with,” noted Randall K. Fields, Park City Group’s Chairman. “Jim’s stature and experience in the retail industry will serve Park City Group as we continue to generate value for our shareholders.”