Published: December 08, 2010
Park City Group Selected by Leading National Health Food Restaurant Chain for Enterprise Demand Sensing Solution
PARK CITY, Utah - (BUSINESS WIRE) - Park City Group (NYSE Amex: PCYG),
a Software-as-a-Service provider of unique supply chain solutions for retailers
and their suppliers,
today announced that it has been selected for its Enterprise Demand
Sensing Solution (DSS) by a leading health food restaurant retailer with
over 700 company-owned and franchised locations.
The purpose of implementing a DSS strategy is to benefit from
store-level and supply chain information in near real-time to enhance
sales, profits and customer/brand loyalty. Proprietary analytics from
Park City Group accumulates sales and related data enabling more
accurate decision making relating to product requirements and customer
demand, with additional benefits pertaining to improved inventory
management, forecasting, supply chain reconciliation, and cost savings.
Like all of Park City Group's services, DSS is provided on a scalable,
cloud computing subscription basis, which allows for efficient expansion
of services and the accommodation of additional locations as its retail
customers grow.
"We are very pleased to have been selected by a leading and fast growing
national specialty retailer for our Demand Sensing Solution, one of the
supply chain services on our unique Software-as-a-Service platform,"
said Randall
K. Fields, Chairman & CEO of Park City Group. "At the heart of any
growth company is an IT system to support mission critical functions and
business process improvements. Our DSS optimizes performance at the
store level while enabling continued growth for the entire organization,
including automation to maximize sales, inventory management and
increased product introduction opportunities. With the opportunity to
add additional services, the risk mitigation and return on investment
from our initial service made Park City Group stand out in a competitive
crowd."
Mr. Fields continued, "Our selection by a leading retailer in its
category for a large scale deployment is further evidence that Park City
Group's Software-as-a-Service technology is in increasing demand. We
continue to elevate our recognition in the marketplace, which is
contributing to our growing supplier backlog and an increase in interest
by retailers."
The implementation of Park City Group's Enterprise DSS will replace the
retailer's current process involving manual driven forecasting and other
operational tasks that limit growth opportunities due to labor intensive
methods. The new process-oriented automated solution from Park City
Group will obviate several areas of risks and bottlenecks that
previously had prevented accurate ordering and led to lost sales. As
growth continues, the scalability of Park City Group's solution will
easily allow the addition of new stores, the opportunity to increase
product offerings, and streamline the management of the customer's
supply chain.
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.
For more information, go to www.parkcitygroup.com.
Forward-Looking Statement
Any statements contained in this document that are not historical facts
are forward-looking statements as defined in the U.S. Private Securities
Litigation Reform Act of 1995. Words such as "anticipate," "believe,"
"estimate," "expect," "forecast," "intend," "may," "plan," "project,"
"predict," "if" , "should" and "will" and similar expressions as they
relate to Park City Group, Inc. (" Park City Group" ) are intended to
identify such forward-looking statements. Park City Group may from time
to time update these publicly announced projections, but it is not
obligated to do so. Any projections of future results of operations
should not be construed in any manner as a guarantee that such results
will in fact occur. These projections are subject to change and could
differ materially from final reported results. For a discussion of such
risks and uncertainties, see "Risk Factors" in Park City's annual report
on Form 10-K for the year ended June 30, 2009, its quarterly report on
Form 10-Q for the quarter ended September 30, 2009, and its other
reports filed with the Securities and Exchange Commission under the
Securities Exchange Act of 1934, as amended. Readers are cautioned not
to place undue reliance on these forward-looking statements, which speak
only as of the dates on which they are made.

IR:
Darrow Associates, Inc.
Jordan M. Darrow,
631-367-1866
jdarrow@darrowir.com
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