RETAIL NEWS FLASH PUT YOUR BEST MANAGER IN ALL OF YOUR STORES!
Park City's Highly Successful Retail Software
Signs Agreement With New York Based Marketing Expert, Diane T. Creston.
For Immediate Release
PARK CITY GROUP ENTERS INTO MARKETING AGREEMENT
FOR RETAIL SOFTWARE WITH DIANE T. CRESTON
PARK CITY, UTAH -- September 8, 2002 -- Park City Group, Inc. (OTCBB: PKCY) announced today that it has recently entered into a marketing agreement with Diane T. Creston, President and Creative Director of New York-based Creston & Associates, Ltd. Working with Diane will significantly increase the visibility of our ActionManager and Fresh Market Manager products, as well as our consulting services within the retail industry," commented Park City Chairman and CEO Randall K. Fields.
Dianes 28 years of marketing, advertising and public relations experience with specialty retailers and high profile products such as Colorforms, Cabbage Patch Kids, Playmobil, LGB of America, SILVERLINE Technologies, AccelTree Software Private Ltd., among others, provides her with an extensive network of contacts for the introduction of our software technology solutions and services, noted Fields. Over the next several months Diane will identify and qualify these decision makers so that we can jointly present our Fresh Market Manager and Action Manager products to their management team."
It is refreshing to work with a group that has developed a suite of practical software products based on knowledge acquired from founding and building a large, well-known retail organization," said Creston. Park City Groups retail experience coupled with their technology expertise has provided the know-how to develop a comprehensive suite of products and services that helps to significantly increase productivity and profits. This technology allows each store to perform as well as the top producing store. It has the flexibility to meet the operational needs of the most demanding retail organization.
I believe it is important to note," continued Creston, that Park City Group is one of the few software companies in a unique position to offer retailers solutions addressing all aspects of their operations -- from the complicated scheduling of employees to an automated action board generating action alerts based on best practices, to forecasting sales and inventory requirements."
Park City Groups ActionManager is a suite of 18 applications designed for geographically disbursed organizations greatly simplifying complex management issues using a rules-based technology that automates workflow, employee scheduling and providing real-time alerts proactive problem solving. While Action Manager addresses people related actives, Fresh Market Manager automates the majority of planning, forecasting, ordering and administrative functions associated with inventory, particularly perishable products which can account for fifty percent of a grocery stores revenues.
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 and state-of-the-art, patented technologies to simplify the planning and execution of complex processes; delivering 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 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 Diane T. Creston, (212) 400-8698, or CrestonAssoc@aol.com.
Securities Exchange Act of 1934
This release is comprised of 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" 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, assumption 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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