PARK CITY, UT – November 2, 2010 – Park City Group, Inc. (NYSE Amex: PCYG), a Software-as-a-Service provider of unique supply chain solutions for retailers and their suppliers, today announced that its common stock has commenced trading on the NYSE Amex stock exchange under the trading symbol “PCYG.” The Company has delisted its common stock from trading on the OTCBB and OTCQB.
“Park City Group continues to make progress in the pursuit of building value for shareholders and the commencement of trading of our common stock on the NYSE Amex is our latest achievement,” said Randall K. Fields, Chairman and CEO of Park City Group. “Now, with access to a broader investment audience and a more supportive trading platform for our stock, we are excited to share ongoing developments in the execution of our business plan. We have been very active in signing new contracts with retailers and their suppliers and look forward to issuing announcements in the near future with improved visibility in the investment community afforded by our NYSE Amex listing.”
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, delivering actionable information that ensures product is on the shelf when the consumer expects it. Our service increases our customers’ sales and profitability while enabling lower inventory levels for both retailers and their suppliers.
Through a process known as Consumer Driven Sales OptimizationTM, Park City Group helps its customers turn information into cash and increased sales, using the largest scan based platform in the world. Scan based trading provides retail trading partners with a distinct competitive advantage through scan sales that provide store level visibility and set the supply chain in motion. And since it is scan based, it can be used in a Direct Store Delivery (DSD) or warehouse setting.
Park City Group is the only company to provide robust, collaborative supply chain, merchandising and store level solutions for both retailers and suppliers. Its solutions and services enable retailers and suppliers to work collaboratively as strategic partners to reduce out-of-stocks, shrink, inventory and labor while improving profits, efficiencies, and customer service. These innovative solutions provide trading partners a common platform on which they can capture, manage, analyze and share critical data, bringing greater visibility throughout the supply chain, and giving them the power to make better and more informed decisions.