Business Services Industry
Park City Group Adds Earthbound Farm as Newest Customer
Business Wire, Nov 29, 2006
PARK CITY, Utah -- Park City Group, Inc. (OTCBB: PCYG), a leading provider of inventory and labor optimization solutions for retailers, announced today that Earthbound Farm has joined its outstanding roster of customers. Earthbound Farm, the nation's leading provider of organic produce and specialty salads, becomes Park City Group's newest Supply Chain Profit Link customer.
Earthbound Farm will utilize Park City Group's Supply Chain Profit Link analytic tools and professional consulting services to enhance its already successful relationships with retail grocers. Earthbound Farm expects the Park City Group solution to help it provide better quality and freshness for consumers, while helping to deliver improved sales and higher profits for the company and its retail partners.
Earthbound Farm fresh organic salads, fruits and vegetables are available in more than 74% of all US grocery stores, as well as in Canada and Mexico. The Company has been farming for more than 22 years and has grown to become one of the nation's most popular organic brands.
Speaking of the Earthbound Farm agreement, Randall K. Fields, Park City Group's Chief Executive Officer commented, "We are delighted to announce this agreement with yet another tier-one food supplier. Food industry trends suggest that the top food suppliers are working more closely with their retail clients in order to better manage profitability. Given the margin pressures placed on top brands, the need for accurate, timely and actionable information is paramount for sustained profitability. Park City Group is uniquely positioned to help food suppliers and retailers manage this significant business challenge."
About Earthbound Farm
Earthbound Farm is the nation's largest grower and shipper of organic produce. Its products are available in more than 74% of all US grocery stores, as well as in Canada and Mexico.
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. 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 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 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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