Park City Group, Inc. (OTCBB: PCYG) ) announced today the release of 2005K Service Release 5 (K-SR5) of Fresh Market Manager (FMM). These innovative enhancements will allow Park City Group to expand its offerings beyond perishable item management to more accurately forecast any retail product. The depth and revenue potential of the Fresh Market Manager product suite has been greatly enhanced by automating several processes that were previously unavailable to retailers including the ability to provide customers the most accurate forecast on a per item basis and computer aided ordering, among others.
â€œWe are staying ahead of the competitive curve by developing and delivering products that exponentially scale to offer our customers and potential customers innovative features and more reliable data, allowing them even more strength and mobility to overcome outside pressures,â€? said Randall K. Fields, Park City Groupâ€™s Chairman and Chief Executive Officer.
â€œCompetitive threats from all corners of the retail world are putting increased performance demands on all retailers. What is interesting and unique about the K-SR5 Release is that it enhances an already robust tool that delivers actionable data that was previously unavailable to even the most sophisticated retailers. This is another example of our ability to anticipate the needs of our customers and provide the necessary tools to address those needs. We expect that potential customers, when they see how much value we are adding to our existing customers, will want to utilize our products and services as well,â€? added Fields.
Originally released in January, 2000 Fresh Market Manager is a fully integrated management system for optimizing the product mix and profitability of retail products. The software suite allows retailers and suppliers the ability to manage production and maximize sales opportunities through patented algorithmic processes that identify actionable data at the retail level.