Park City Group Integrates Fresh Market Manager and ActionManager ...

Business Wire (press release) - San Francisco,CA,USA
... promotion and pricing optimization, perpetual inventory management,
computer aided ordering, work flow and labor scheduling, paperless
documentation and ...

PARK CITY, Utah--(BUSINESS WIRE)--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.

The integration of these two suites allows retailers to plan production and have the correct labor plan to insure product freshness thereby maximizing sales and profits from their perishable departments. This system provides a coordinated planning of resources to deliver consumers the right product, at the right price, at the right time. The combined effort marks the completion of the first truly end-to-end Fresh Item Management system in existence delivering capabilities for category management, production planning, forecasting, promotion and pricing optimization, perpetual inventory management, computer aided ordering, work flow and labor scheduling, paperless documentation and more.

Fresh Market Manager is a fully integrated management solution for bakery, deli, food service, meat, seafood, frozen, floral and produce departments. The product helps grocers to achieve improved economic performance by managing shrink (or waste) and stock-outs. FMM also involves suppliers through Supply Chain Profit Link to deliver sales data to both sides facilitating fact-based and profit-focused category review meetings.

Together with its ActionManager solutions, Park City Group delivers one of the most robust integrated business solutions available in the industry. The systems address operations management tasks including: item level category management, inventory and production planning, work flow, scheduling, forecasting, supply and ingredient ordering, producing sales reports/projections, administering skill tests, interviewing assistance, and assessing employee knowledge.

Speaking of the agreement, Randall K. Fields, Park City Group’s Chairman and Chief Executive, said, “Inventory and labor management are the two key controllables for optimizing profit in large, sophisticated supermarket operations. This particular customer has already seen phenomenal results from our Fresh Market Manager product. The integration of both of our primary product suites will yield results far beyond what we have already witnessed when either FMM or ActionManager are installed individually.”

About Park City Group

Park City Group, Inc. (OTCBB: PCYG) develops and markets patented computer software that helps its customers to increase their sales while reducing their inventory and labor costs -- the two largest, controllable expenses in the retail industry. The technology has its genesis in the operations of Mrs. Fields Cookies, co-founded by Randy Fields, chief executive officer of Park City Group. Industry-leading customers such as The Home Depot, Victoria’s Secret, The Limited, Anheuser Busch Entertainment and Tesco Lotus benefit from Park City Group software applications. To find out more about Park City Group, visit www.parkcitygroup.com.

Statements in this press release that relate to Park City Group’s future plans, objectives, expectations, performance, events and the like are forward-looking statements. Future events, risks and uncertainties, individually or in the aggregate, could cause actual results to differ materially from those expressed or implied in these statements. Those factors could include changes in economic conditions that may change demand for the Company’s products and services and other factors discussed in the “forward-looking information” section and the “risk factor” section of the management's discussion and analysis included in the Company’s report on Form 10-KSB/A for the year ended June 30, 2006 filed with the Securities and Exchange Commission. This release is comprised of interrelated information that must be interpreted in the context of all of the information provided and care should be exercised not to consider portions of this release out of context. Park City Group uses paid services of investor relations organizations to promote the Company to the investment community. Investments in any company should be considered speculative and prior to acquisition, should be thoroughly researched. Park City Group does not intend to update these forward-looking statements prior to announcement of quarterly or annual results.