Business Services Industry
Park City Group CEO Cited as Small Business Makeover Industry Expert in National Publication
Business Wire, June 30, 2004
PARK CITY, Utah -- Park City Group Inc. (OTCBB:PKCY) announced today that its CEO, Randy Fields, participated as a Small Business Expert in a recent small Biz Makeover feature in Fortune magazine. Small Biz Makeover takes a willing small business company and asks three highly experienced industry experts to provide them with an analysis of the business opportunity and recommend actions to be taken to improve the small business' operations.
Selected as one of the three industry experts, Fields delivered an analysis of Marvelous Market of Fairfax Va., suggesting that a clearly defined focus on the retail operation and leveraging the already good customer service relationship into a superior one because of the real impact to the business' bottom line. Marvelous Market CEO Myers was enthusiastic about Fields participation in the process because he had studied the Harvard case study on the Mrs. Fields operation.
"I saw in Marvelous Market the same type of potential that he experienced in Mrs. Fields Cookies," noted Fields. "Our Mrs. Fields Cookies experience has been invaluable. We have incorporated many of the things we learned, by both doing it right as well as learning from doing it wrong, into our business practices we share with our customers at Park City Group today."
"I really enjoyed participating in the Fortune small business makeover challenge," said Fields. "And now that Marvelous Market has become a customer for our PAYGo subscription deployment, we'll have a chance to see first hand how well the recommendations we made get implemented."
The April 28, 2004 Fortune article, "So You're Marvelous. What's Next?" can be viewed from the Fortune Magazine Web site: http://www.fortune.com/fortune/smallbusiness/marketing/articles /0,15114,614405-2,00.html. (Due to the length of this URL, it may be necessary to copy and paste this hyperlink into your Internet browser's URL address field.)
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 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.
Feel free to contact us (media contact Randy Fields) at 800-772-4556 or info@parkcitygroup.com.
To find out more about Park City Group (OTCBB:PKCY), visit our Web site 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" 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, 2003 filed with the Securities and Exchange Commission. This release 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.
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