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Park City Group Introduces Solutions for the Retail Industry at Annual National Retail Federation Convention.


PARK CITY, Utah Park City is a city located in Summit County, Utah, United States. It is one of two major resort towns in Utah, the other being Moab. It is considered to be part of the Wasatch Back and a part of the Salt Lake City metropolitan area.  -- Park City Group, Inc. (OTCBB OTCBB

See OTC Bulletin Board (OTCBB).
: PCYG) a leading provider of inventory and labor optimization solutions, will be introducing its wares to attendees and potential new customers at the 96th annual National Retail Federation Convention and Expo in New York New York, state, United States
New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of
 on Monday and Tuesday, January 16 and 17. The convention will give Park City Group the opportunity to present its products and services to customers in areas beyond its current base. Park City Group has attended the NRF NRF National Retail Federation
NRF NATO Response Force
NRF National Research Foundation (South Africa)
NRF Neighbourhood Renewal Fund (urban renewal funding package in the UK)
NRF Nouvelle Revue Française
 Convention and Expo in years past and has obtained several new clients as a result of this effort. The company is confident that attendance at this years' event will produce similar results. Additionally, Park City Group will be introducing the latest enhancements to its Fresh Market Manager, ActionManager[TM], and Supply Chain Profit Link tools and analytic service offerings.

The National Retail Federation is the world's largest retail trade association, with membership that comprises all retail formats and channels of distribution including department, specialty, discount, catalog, Internet, independent stores, chain restaurants, drug stores and grocery stores as well as the industry's key trading partners of retail goods and services In economics, economic output is divided into physical goods and intangible services. Consumption of goods and services is assumed to produce utility (unless the "good" is a "bad"). It is often used when referring to a Goods and Services Tax. . NRF represents an industry with more than 1.6 million U.S. retail establishments, more than 24 million employees - about one in five American workers - and 2005 sales of $4.4 trillion. As the industry umbrella group, NRF also represents more than 100 state, national and international retail associations.

Park City Group's ActionManager[TM] addresses profit and labor issues by forecasting labor demand and scheduling the right staff resources with the appropriate skills at the right time. Additionally, ActionManager automates workflow and replaces costly paper-based and manual processes with systems that substantially reduce time spent on administrative tasks, non-productive labor costs, and excess headcount in the retailer's corporate office. ActionManager applications provide an automated method for managers to plan, schedule, and administer virtually every time-consuming task in the store.

Fresh Market Manager is a fully integrated, management solution that helps retailers to achieve improved economic performance by managing shrink, out-of-stocks, and customer driven assortment plans. The software enables category analysis and precise item management, in-store forecasting and production planning Production planning

The function of a manufacturing enterprise responsible for the efficient planning, scheduling, and coordination of all production activities.
, computer-assisted ordering, and perpetual inventory Perpetual Inventory

An accounting method of maintaining up-to-date property records that accurately reflect the level of goods on hand.

Notes:
The current balance of inventory is sustained daily by the addition of inventory to the account when goods are received and the
. Additionally, Fresh Market Manager provides accurate cost of goods sold Cost of goods sold

The total cost of buying raw materials, and paying for all the factors that go into producing finished goods.


cost of goods sold 
, sales profitability analysis, gross profit and net contribution by individual SKU (StockKeeping Unit) The number of one specific product available for sale. If a hardware device or software package comes in different versions, there is an SKU for each one.

SKU - stock-keeping unit
. Category and product management are optimized using most current scan data and actual item contribution through Fresh Market Manager. Combined with automated production, Fresh Market Manager ensures that variety and item freshness increase while overall shrink and waste decreases.

Park City Group's Chairman and Chief Executive, Randall K. Fields commented, "The Retail industry is increasing their focus on exceptional customer service and employee satisfaction. The advancement of sophisticated labor management tools that Park City Group has developed for the sector offers intelligent operators an opportunity to maximize their labor investments and to stay ahead of growing competitive pressures. On the other side of the equation, inventory management and proper assortment planning Assortment Planning is a mission critical function for retailers. This is the place where the retailer meets the customer. The place where the retailer must buy exactly what their customers will buy.  to insure that stores have the right product, at the right time, at the right price is essential to continued profitability"

About Park City Group

Park City Group, Inc. develops and markets patented computer software that helps its retail 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, CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board.  of Park City Group, Inc. Industry leading customers such as The Home Depot, Victoria's Secret, The Limited, Anheuser Busch Entertainment and Tesco Lotus benefit from our software. To find out more about Park City Group (OTCBB: PCYG) visit our website at 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 Management's discussion and analysis (MD&A)

A report from management to shareholders that accompanies the firm's financial statements in the annual report. It explains the period's financial results and enables management to discuss topics that may not be apparent in the financial
 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 in·ter·re·late  
tr. & intr.v. in·ter·re·lat·ed, in·ter·re·lat·ing, in·ter·re·lates
To place in or come into mutual relationship.



in
 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 Investor relations

The process by which the corporation communicates with its investors.
 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.
COPYRIGHT 2007 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2007, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Date:Jan 11, 2007
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