from DSSResources.comPark City Group expands ActionManager® with a division of an international convenience store chainPARK CITY, Utah, June 19, 2008 -- Park City Group, Inc. (OTCBB:PCYG), developer and marketer of patented computer software and consulting services which enable its retail customers to increase sales while reducing inventory and labor costs, today announced it has expanded its existing ActionManager® license agreement with a division of an international convenience store chain. The ActionManager suite of products manages the operational processes for retailers. In collaboration with the customer, Park City Group’s consulting team developed a fully automated new hire process for the chain’s expanding number of locations. The problem was that historically the hiring process involved a mountain of paperwork at both the store and corporate levels resulting in the shifting back and forth of paperwork and delays in actual hiring. As a result of the collaboration with Park City Group, the chain implemented HRAction, subsequently reducing costs and speeding the administrative processing of new employee hiring. HRAction streamlined the applicant process by integrating a web applicant screening for candidates and allowing for automated rules in intelligent forms that capture mistakes at the point of entry. Additionally, HRAction eliminates paper filing, captures signatures, and files documents in an electronic repository. “When this convenience store operator first approached us, they wanted to have a fully electronic process for this operational challenge,” said Randall K. Fields, Chairman and CEO. “Convenience stores typically experience high employee turnover and can readily appreciate the value of the ability to reduce and/or eliminate the resulting paperwork. This convenience store chain was planning a major expansion in the number of stores and at the same time wanted a more streamlined and efficient process to handle the large numbers of new hires. The fact that this retailer has successfully utilized our HRAction application, and then significantly expanded the use of the product by deploying it into all of its locations, is the ultimate validation of the value of our solution. The superior ability of our ActionManager suite of products to dramatically improve upon operational processes, including electronic paperwork, time and attendance, labor scheduling and business intelligence, allows us to continue to deliver on our promise to ensure that the retailer has the ‘Right People, Doing the Right Things, At the Right Time.’” Park City Group either licenses ActionManager on a per store basis with annual maintenance based upon a percentage of the purchase price or, alternatively, sells it as a hosted subscription service (software as a service). About Park City Group Park City Group, Inc. develops and markets patented computer software and consulting services that helps retailers and their suppliers to increase sales while reducing inventory and labor costs -- the two largest, controllable expenses. 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. To find out more about Park City Group, please visit www.parkcitygroup.com. Statements in this news release that relate to Park City Group's future plans, objectives, expectations, performance, events and the like are "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995 and the Securities Exchange Act of 1934. 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-K for the year ended June 30, 2007 and in any risk factors or cautionary statements contained in the Company's periodic reports on Form 10-Q or current reports on Form 8-K filed with the Securities and Exchange Commission. This presentation 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. |