PARK CITY, Utah – January 23, 2012 — Park City Group (NYSE Amex: PCYG), a Software-as-a-Service (SaaS) provider of unique supply chain solutions for retailers and their suppliers, today announced that Randall K. Fields, Chairman and CEO, will present at the Food and Drug Law Institute’s (FDLI) Food Week 2012 Conference in Washington D.C. on January 26, 2012.
“I am pleased to have the opportunity to participate in this discussion on the food safety procedures signed into law last year,” said Randall K. Fields, Park City Group’s Chairman and CEO. “With the signing into law of the Food Safety Modernization Act (FSMA), it is clear that the food safety landscape is rapidly changing with more mandated regulations and stricter enforcement than ever before.”
“Famous brands have suffered for years after recalls due to the perception that the product isn’t safe for consumption. By quickly and accurately tracking food contamination to its sources using the global view provided by a national database, companies’ hard-earned brands and reputations can be preserved, limiting costly and embarrassing recalls and potentially saving companies millions in settlements, judgments and legal fees.”
Mr. Fields continued, “Park City Group has developed a cost effective solution to monitor and track what many consider to be the most important supply chain on Earth. Our Park City Group Food Safety Global Registry™ provides food retailers and suppliers with a robust solution that will help them to protect their brands and remain in compliance with rapidly evolving regulations in the recently passed Food Safety Modernization Act. Our internet-based technology, the Park City Group Food Safety Global Registry™, will enable all participants in the fork-to-farm supply chain to easily manage tracking and traceability requirements as products move between trading partners.”
Mr. Fields presentation will occur at 1:45 PM EST on January 26, 2012 at the FDLI Food Week 2012 Conference in Washington D.C. For more information on the Food and Drug Law Institute’s Food Week 2012 Conference, please visit www.fdli.org. For more information on Park City Group and the Company’s food safety initiatives, please visit www.parkcitygroup.com.
About Park City Group
Park City Group (NYSE Amex: PCYG) is a Software-as-a-Service (“SaaS”) provider that brings unique visibility to the consumer goods supply chain. With over $100 million invested in development and 16 years of commercialization surrounding its proprietary scan based data platform, the Company’s services increase customers’ sales and profitability, while ensuring regulatory compliance for both retailers and their suppliers.
Through a process known as Consumer Driven Sales OptimizationTM, Park City Group helps retail and consumer packaged goods customers turn transactional information into actionable strategies to lower inventory, increase sales and improve efficiencies in the supply chain.
The Company’s Food Safety Global RegistryTM provides food retailers and suppliers with a robust solution that will help them protect their brands and remain in compliance with rapidly evolving regulations in the recently-passed Food Safety Modernization Act. The Food Safety Global Registry, an internet-based technology, will enable all participants in the farm-to-table supply chain to easily manage tracking and traceability requirements as products move between trading partners.
The Food and Drug Law Institute, founded in 1949, is a non-profit organization that provides a marketplace for discussing food and drug law issues through conferences, publications and member interaction. The scope of FDLI includes food, drugs, animal drugs, biologics, cosmetics, diagnostics, dietary supplements, medical devices and tobacco. As a not-for-profit 501(c)(3) organization, FDLI does not engage in advocacy activities.
FDLI’s Mission is to provide education, training, and publications on topical food and drug law; act as a liaison to promote networking as a means to develop professional relationships and idea generation; and ensure an open, balanced marketplace of ideas to inform innovative public policy, law, and regulation.