Dynamic Translation Capability Productized in Fresh Market Manager Software;
New Licensing Opportunities Eyed as Company Adds to Library of Intellectual Property

Park City Group, Inc. (OTCBB: PCYG), a leading provider of inventory and labor optimization solutions for retailers, today announced the approval of U.S. patent 7,113,904 B2, which is described as a “system and method for providing dynamic, multiple-language support for application programs.� The patented technology is a quick-switch tool that allows users to change the language of a software application in real time with a single mouse click.
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Fresh Item Management

Abstract

This white paper provides information on why fresh item management (FIM) is critical to winning in a retailing environment that is consolidating towards value retailing. In addition, Fresh Market Manager (FMM) and Profit Optimization Methodology (POM) are introduced as the preferred FIM technology and organizational behavioral change platforms.
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Revenues Increase 95%
Net Income Reaches $1.4 Million

PARK CITY, Utah–(BUSINESS WIRE)–Park City Group, Inc. (OTCBB: PCYG) today announced financial results for the 2006 fiscal year ending June 30, 2006. For the full year, the Company reported revenues of $7,085,125 compared to $3,631,812 in 2005, a 95% increase. Net income for the 2006 fiscal year was $1,393,596 versus a loss of ($3,408,037) for the 2005 fiscal year.

Highlights of the year include:

• Software license sales increased 656% from $479,615 in 2005 to $3,626,821 in 2006.
• ASP revenues increased 74% from $104,367 to $182,083.
• Consulting revenues increased 37%, from $735,522 to $1,004,224.
• Total liabilities during the year were reduced from $8,772,879 to $3,344,825.
• Interest expense declined from $1,178,454 to $884,404.
• Stockholder equity increased from a deficit of ($7,702,949) to a surplus of $1,481,638.
• Cash and Cash Equivalents increased from $209,670 to $3,517,060.

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