CORRECTING and REPLACING Park City Group Adds New Pending Patent to Intellectual Property Portfolio; Park City Group Increases Number of Patents Pending to Five, with Eight Patents Issued.Business Editors PARK CITY, Utah--(BUSINESS WIRE)--Aug. 6, 2003 CORRECTION...by Park City Group, Inc. PARK CITY, Utah--(BUSINESS WIRE)--Aug. 6, 2003 In BW5220, (UT-PARK-CITY-GROUP) Park City Group Adds New Pending Patent to Intellectual Property Portfolio, first graph, last line should read xxx holds eight patents (sted holds ten patents). The corrected release reads: PARK CITY GROUP ADDS NEW PENDING PATENT TO INTELLECTUAL PROPERTY PORTFOLIO; PARK CITY GROUP INCREASES NUMBER OF PATENTS PENDING TO FIVE, WITH EIGHT PATENTS ISSUED Park City Group, Inc. (OTCBB OTCBB See OTC Bulletin Board (OTCBB). :PKCY) announced that it has been granted a patent-pending status for its patent titled "Disambiguating Point-of-Sale point of sale n. pl. points of sale A business or place where a product or service can be purchased. Also called point of purchase. point Data Through Item Indexing." The methodology, developed by Park City Group's technology team, addresses one of the more difficult data analysis requirements of fresh and perishable per·ish·a·ble adj. Subject to decay, spoilage, or destruction. n. Something, especially foodstuff, subject to decay or spoilage. Often used in the plural. item management -- accurate reporting and production of perishable items that equals the consumers' demand for fresh product at the time of purchase. The company currently holds eight patents and has five patents pending. "I have always been impressed im·press 1 tr.v. im·pressed, im·press·ing, im·press·es 1. To affect strongly, often favorably: with the creativity of our technology team," stated Randy The name Randy generally derives from the names Randall or Randolph (meaning wolf with a shield). Randy is used as a given name primarily in the US and Canada. Men known as Randy
adj. 1. a. Of or relating to geometry and its methods and principles. b. Increasing or decreasing in a geometric progression. 2. over the past few years, yet our team continues to formulate formulate /for·mu·late/ (for´mu-lat) 1. to state in the form of a formula. 2. to prepare in accordance with a prescribed or specified method. new ideas "New Ideas" is the debut single by Scottish New Wave/Indie Rock act The Dykeenies. It was first released as a Double A-side with "Will It Happen Tonight?" on July 17, 2006. The band also recorded a video for the track. and methods that can be patented to protect our investment in the novel applications and processes we have developed. We anticipate filing for four or five additional patents in the next few months." Park City Group, Inc. has carefully managed its intellectual property as its patents represent an integral part of Fresh Market Manager and ActionManager, as well as many of the unique processes built to support integration of the company's products to those of other vendors. With more than eight patents issued and five patents pending, the company has been able to develop new methods and processes that uniquely address functionality, such as multiple options for software deployment Software deployment is all of the activities that make a software system available for use. The general deployment process consists of several interrelated activities with possible transitions between them. , quick switch language support, and systems and methods for determining business demand that is based on business influences. "Our intellectual property is an integral part of the application strategy and it enhances and differentiates us from many of the other solution providers," said Fields. "We have invested considerable effort and energy in developing our patents and it is essential that we protect and defend them." About Park City Group, Inc. Park City Group is a leading provider of software and services for business productivity. The company uniquely leverages its expertise in retail operations management Operations management is an area of business that is concerned with the production of goods and services, and involves the responsibility of ensuring that business operations are efficient and effective. and state-of-the-art, patented technologies to simplify the planning and execution of complex processes; deliver timely, relevant and "action-able" information; and improve its customers' profitability by putting the "best manager" in every store. The software was developed initially for the Mrs. Fields Mrs. Fields Cookies is a chain of bakeries, located mostly in the United States, founded by Debbi Fields (b. 1956, Park City, Utah). Mrs. Fields and her husband started their business in the late 1970s, opening the first of many retail bakeries in Palo Alto, California, selling Cookies business, co-founded by Randall K. Fields, the CEO of Park City Group, Inc. To date, the company has sold to or installed its software solutions in over 52,000 customer locations. For additional information, please contact Park City Group at 800-835-8824, info@parkcity.com (e-mail), or visit the corporate website at www.parkcity.com. Securities Exchange Act of 1934 This release comprises inter-related information that must be interpreted in the context of all the information provided; accordingly, care should be exercised not to consider portions of this release out of context. This release is provided in compliance with Commission Regulation FD and contains certain "forward-looking statements forward-looking statement A projected financial statement based on management expectations. A forward-looking statement involves risks with regard to the accuracy of assumptions underlying the projections. " within the meaning of Section 27A of the Securities Act of 1933 and Section 21B of the Securities Exchange Act of 1934. Any statements that express or involve discussions with respect to predictions, expectations, beliefs, plans, projections, objectives, goals, assumptions or future events or performance are not statements of historical fact and may be "forward-looking statements." Forward- looking statements are based on expectations, estimates and projections at the time the statements are made that involve a number of risks and uncertainties which could cause actual results or events to differ materially from those presently anticipated. Forward-looking statements in this action may be identified through the use of words such as "expects," "will," "anticipates," "estimates," "believes," or statements indicating certain actions "may," "could," or "might" occur. Such statements reflect the current views of Park City Group with respect to future events and are subject to certain assumptions, including those described in this release. Should one or more of the underlying assumptions prove incorrect, actual results may vary materially from those described herein as anticipated, believed or expected. Park City Group does not intend to update these forward-looking statements prior to announcement of quarterly or annual results. |
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