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Park City Group Signs Significant Contract with Source Interlink Companies for Data Management and Business AnalyticsPARK CITY, Utah --(Business Wire)-- Park City Group, Inc. (OTCBB: PCYG), a leading provider of inventory and labor optimization solutions, today announced that Source Interlink Companies, Inc. (NASDAQ: SORC), a leading provider of merchandising and fulfillment services for home entertainment content products, has agreed to use Park City Group's data management and business intelligence tools to help analyze retail front-end profitability, and manage inventory distribution, merchandising, and product placement. "Optimizing inventory management is essential for maximizing front-end profitability and maintaining strong relationships both with our retail partners and our suppliers," said James Gillis, Source Interlink President and CEO. "We believe that Park City Group's trading solutions provide the visibility and analytics necessary to help us fine tune our supply chain and enable us to provide consumers with a compelling product selection across the 1,000 retail chains we support." Park City Group's advanced analytics supplements the collaborative relationships that distributors and merchandisers such as Source Interlink Companies have with supermarkets and other retail outlets by providing customer-driven assortment plans, improving in-stock conditions, reducing waste, and optimizing promotion strategies. These capabilities help maximize the selection for consumers while driving improved sales and higher profits for retailers. Speaking of the agreement, Randall K. Fields, Park City Group's Chairman and Chief Executive, said, "Source Interlink is a leading distributor of magazines, CDs and DVDs. The decision by Source to utilize Park City Group's analytics validates our service and technology offering to manufacturers and distributors as the premier resource for optimizing category management. Source Interlink is committed to selection, quality, and superior customer service and we are proud to be associated with them." About Park City Group Park City Group, Inc. (OTCBB: PCYG) develops and markets patented computer software that helps its 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, 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 applications. To find out more about Park City Group, visit www.parkcitygroup.com. About Source Interlink Companies, Inc. Source Interlink Companies is a leading marketing, merchandising and fulfillment company of entertainment products, including DVDs, music CDs, magazines, books and related items. The Company's fully integrated businesses include: -- Distribution and fulfillment of entertainment products to major retail chains throughout North America and directly to consumers of entertainment products ordered through the Internet -- Import and export of periodicals sold in more than 100 markets worldwide -- Coordination of product selection and placement of impulse items sold at checkout counters -- Processing and collection of rebate claims as well as management of sales data obtained at the point-of-purchase -- Design, manufacture and installation of wire fixtures and displays in major retail chains -- Licensing of children's and family-friendly home entertainment products Source Interlink serves approximately 110,000 retail store locations throughout North America. Supply chain relationships include movie studios, record labels, magazine and newspaper publishers, confectionary companies and manufacturers of general merchandise. For more information, please visit the company's website at http://www.sourceinterlink.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. |
