Park City Group (NYSE Amex: PCYG), a Software-as-a-Service provider of unique supply chain solutions for retailers and their suppliers, today announced that it has been selected by D’Agostino Supermarkets, one of the oldest and most prominent grocers in New York City, for a turnkey retail supply chain solution. The platform provided to D’Agostino Supermarkets includes Park City Group’s Scan Based Trading (SBT) to enable supplier flexibility in delivering, stocking and managing inventory in stores located in some of the most congested city locations in the nation. “Doing business in New York City is very competitive and challenging and we need to stay at the forefront of the market to provide the highest level of service and a superior shopping experience for our customers. The selection of Park City Group’s turnkey solution provides us with a competitive edge in working with our suppliers to ensure our shelves are stocked and our information systems capture the data necessary to maximize our performance and results,” said Nick D’Agostino III of D’Agostino Supermarkets. “D’Agostino’s has been the supermarket of distinction in New York for more than 78 years and we are pleased that Park City Group has been selected to assist in continuing its tradition of excellence,” said Randall K. Fields, Chairman & CEO of Park City Group. “Whether a store is large or small or in a major city or remote suburb, Park City Group is increasingly becoming the technology partner of choice among supermarkets throughout the country.” Scan Based Trading provides retail trading partners with a distinct competitive advantage through scan sales visibility that sets the supply chain in motion and is a proven procurement strategy that guarantees sales results and minimizes or eliminates inventory. The SBT-based solution from Park City Group aligns the interests of retailer and supplier directing the focus where it belongs: stocked shelves and increased sales. By employing Park City Group’s collaborative SBT solution, D’Agostino Markets will also have shared visibility with its suppliers of store/item level shrink, perpetual inventory and accurate daily point-of-sale data.
About D'Agostino SupermarketsD’Agostino Supermarkets operates nearly 20 grocery stores in Manhattan and Westchester County, New York that feature deli and floral departments, seafood and meat counters, and fresh and organic produce. In addition to name-brand items, D’Agostino Supermarkets sell everything from ice cream to chips and chickens under its D’Agostino label; it also has developed the Earth Goods product line for environment- and health-conscious shoppers. Founded in 1932 by Nicola and Pasquale D’Agostino, the regional supermarket chain in owned and operated by the D’Agostino family. For more information about D’Agostino Supermarkets, please visit www.dagnyc.com. About Park City Group Park City Group (NYSE Amex: PCYG) is a Software-as-a-Service (“SaaS”) provider that brings unique visibility to the consumer goods supply chain, delivering actionable information that ensures product is on the shelf when the consumer expects it. Our service increases our customers’ sales and profitability while enabling lower inventory levels for both retailers and their suppliers. Through a process known as Consumer Driven Sales Optimization TM, Park City Group helps its customers turn information into cash and increased sales, using the largest scan based platform in the world . Scan based trading provides retail trading partners with a distinct competitive advantage through scan sales that provide store level visibility and set the supply chain in motion. And since it is scan based, it can be used in a Direct Store Delivery (DSD) or warehouse setting. Park City Group is the only company to provide robust, collaborative supply chain, merchandising and store level solutions for both retailers and suppliers. Its solutions and services enable retailers and suppliers to work collaboratively as strategic partners to reduce out-of-stocks, shrink, inventory and labor while improving profits, efficiencies, and customer service. These innovative solutions provide trading partners a common platform on which they can capture, manage, analyze and share critical data, bringing greater visibility throughout the supply chain, and giving them the power to make better and more informed decisions.
For more information, go to www.parkcitygroup.com.Forward-Looking Statement Any statements contained in this document that are not historical facts are forward-looking statements as defined in the U.S. Private Securities Litigation Reform Act of 1995. Words such as “anticipate,” “believe,” “estimate,” “expect,” “forecast,” “intend,” “may,” “plan,” “project,” “predict,” “if”, “should” and “will” and similar expressions as they relate to Park City Group, Inc. (”Park City Group”) are intended to identify such forward-looking statements. Park City Group may from time to time update these publicly announced projections, but it is not obligated to do so. Any projections of future results of operations should not be construed in any manner as a guarantee that such results will in fact occur. These projections are subject to change and could differ materially from final reported results. For a discussion of such risks and uncertainties, see “Risk Factors” in Park City’s annual report on Form 10-K for the year ended June 30, 2009, its quarterly report on Form 10-Q for the quarter ended September 30, 2009, and its other reports filed with the Securities and Exchange Commission under the Securities Exchange Act of 1934, as amended. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the dates on which they are made.