PARK CITY, Utah - December 29, 2008 - Park City Group, Inc. (OTCBB: PCYG), a developer of patented retail supply chain solutions and services, today announced that the shareholders of Prescient Applied Intelligence (OTCBB: PPID) will vote on the pending acquisition by Park City Group at a special meeting of shareholders on January 13, 2009.  Park City Group expects to consummate the acquisition within three days following the meeting, and will operate Prescient as a wholly owned subsidiary.

 This accretive acquisition is projected to provide:

• Significant increase in recurring subscription based revenues
• Increase in Park City Group total revenues from $3.3 million to $12 million
• Substantially increased EBITDA to approx. 15% of revenue
• Synergies of product and service offerings
• Strong future revenue growth opportunities within the combined customer base, and
• Economies of scale in business operations and development costs
  • Identified $4 million in annualized cost reduction measures
    • Of which $3+ million have already been taken and will be reflected over the next several quarters

Commenting on the combined companies, Randall K. Fields, Chairman and CEO, said that, “We are very satisfied with the continued and increasing positive results of our cross selling efforts.  The integration of the two businesses is in its final stages and will be completed by the time we close the acquisition.  Park City Group has successfully transitioned its business model from one that historically generated approximately 70% of its revenues from license-related business to one that now generates approximately 70% of revenues from recurring subscription-based customers.”

 About Park City Group

Park City Group, Inc. develops and markets patented computer software and consulting services that help retailers and their suppliers to increase sales while reducing inventory and labor costs — the two largest, controllable expenses. 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. To find out more about Park City Group, please visit www.parkcitygroup.com.

Statements in this news 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, 2008 and in any risk factors or cautionary statements contained in the Company’s periodic reports on Form 10-Q or current reports on Form 8-K filed with the Securities and Exchange Commission. This presentation 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.

PARK CITY, Utah - December 12, 2008 - Park City Group, Inc. (OTCBB: PCYG), a developer of patented retail supply chain solutions and services, today announced that its board of directors has approved a temporary waiver of its stock trading window blackout policy that applies to directors, officers and employees. Under the temporary waiver, directors, officers and employees will be permitted to purchase or sell securities of Park City Group, during what otherwise would be a blackout period, provided they are not in possession of material non-public information relating to Park City Group. The board has taken this step in light of conditions in the financial and stock markets, which have resulted in what Park City Group believes is a significant and unwarranted drop in the trading price of its shares. 

The blackout policy restricts the ability of Park City Group’s directors, officers and employees to purchase or sell securities of Park City Group during prescribed periods. The temporary waiver of the blackout policy is effective for one year unless earlier reinstated by the board. Park City Group’s directors, officers, employees and others remain unable to purchase or sell securities of Park City Group if they are in possession of material non-public information relating to Park City Group. 

As announced in September, Park City Group is in the process of completing the acquisition of Prescient Applied Intelligence, Inc. (OTCBB: PPID), which it will operate as a wholly owned subsidiary.  This accretive acquisition, projected to close during the first calendar quarter, is projected to provide:

• Significant increase in recurring subscription based revenues
• Increase in Park City Group total revenues from $3.3 million to $12 million
• Substantially increased EBITDA to approx. 15% of revenue
• Synergies of product and service offerings
• Strong future revenue growth opportunities within the combined customer base, and
• Economies of scale in business operations and development costs
  • Identified $4 million in annualized cost reduction measures
    • Of which $3 million have already been taken and will be reflected over the next several quarters

About Park City Group

Park City Group, Inc. develops and markets patented computer software and consulting services that help retailers and their suppliers to increase sales while reducing inventory and labor costs — the two largest, controllable expenses. 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. To find out more about Park City Group, please visit www.parkcitygroup.com.

Business Integration Yields Major Expense Reductions and Expanding Product Offerings to Combined Customer Base

PARK CITY, Utah - December 2, 2008 - Park City Group, Inc. (OTCBB: PCYG), a developer of patented retail supply chain solutions and services, today announced that it has secured a $3.0 million line of credit facility with US Bank as part of the previously announced acquisition of Prescient Applied Intelligence (OTCBB: PPID). The acquisition is financed with a combination of bank financing, operating capital, loans from Park City Group’s CEO and two of its Board members, and an investment made by a group of investors from both Park City Group and Prescient’s existing stockholders.   As a result, it is anticipated that the completion of the $3.0 million bank credit facility will eliminate the need for the Company to seek outside equity financing to complete the transaction.

Upon customary review by the Securities and Exchange Commission (SEC) and Prescient shareholder approval, the Company will purchase the remaining outstanding common and preferred shares of stock of Prescient.    Once completed, Prescient will merge with a newly formed subsidiary of Park City Group, becoming a wholly owned operating subsidiary.  Proxy material has recently been filed with the SEC.   

Upon completion of the merger, anticipated during the first calendar quarter, this accretive acquisition is expected to provide:

• Significant increase in recurring subscription based revenues
• Increase in Park City Group total revenues from $3.3 million to $12 million
• Substantially increased EBITDA to approx. 15% of revenue
• Synergies of product and service offerings
• Strong future revenue growth opportunities within the combined customer base, and
• Economies of scale in business operations and development costs
• o Identified $4 million in annualized cost reduction measures
• § Of which $3 million have already been taken and will be reflected over the next several quarters

As announced in September, Randall K. Fields, CEO said, “‘This acquisition represents important opportunities for financial gains, operational efficiencies and revenue growth and represents a game changing milestone in the growth and development of Park City Group. Our penetration of the top 10 grocery retailer customers has leaped from four to seven, and now includes hundreds of the top suppliers in the U.S.’”

Fields continued, “When we entered into this acquisition we expected that it would be necessary to consummate an equity financing in order to complete the acquisition.  However, due to accelerating cash flow and this bank line of credit, no equity raise will be necessary or is contemplated.

“Although the present economy is challenging, unlike some other business segments, the segment we target (supermarket and convenience store retailers) is performing well.   

“We have already completed roughly 80% of our integration plan with favorable expense trends anticipated to materialize in the second quarter of fiscal 2009,” said Fields.   “We are introducing the new company and its capabilities to our customers.  Through those activities we have developed numerous opportunities for the expansion of our SCPL and Scan Based Trading (SBT) offerings.  Additionally, we have restructured our SCPL sales engagement process to include our successful Opportunity Identification program for all Prescient prospects so that we identify for all of our customers what the financial gain will be by engaging our solutions and services,” Fields concluded.

Park City Group, a developer and marketer of patented solutions and services which enable retailers and suppliers to work collaboratively as strategic partners to improve profits, efficiencies, and customer service, reported revenues of $3.3 million for the year ended June 30, 2008.  Prescient Applied Intelligence, a leading provider of supply chain and advanced commerce solutions for retailers and suppliers, reported revenue of $8.6 million for the trailing 12 months ending June 30, 2008. 

Together, Park City Group and Prescient will provide a complementary, comprehensive and integrated range of offerings for inventory management, labor utilization, vendor managed inventory, and scan-based trading solutions to grocery, convenience store and specialty retailers, and consumer product manufacturers worldwide.  Current customers of Prescient include Meijer, Kroger, Sunny Delight Beverage Company, Russell Stover Candies, and Crayola.  Park City Group counts The Home Depot, SuperValu, Tesco-Lotus, Circle K, WaWa, Kellogg’s and Williams Sonoma among its present customers.

About Park City Group

Park City Group, Inc. develops and markets patented computer software and consulting services that help retailers and their suppliers to increase sales while reducing inventory and labor costs — the two largest, controllable expenses. 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. To find out more about Park City Group, please visit www.parkcitygroup.com.

 About Prescient Applied Intelligence

Prescient, founded in 1985, is a leading provider of supply chain and advanced commerce solutions for retailers and suppliers.  Prescient’s solutions capture information at the point of sale, provide greater visibility into real-time demand and turn data into actionable information across the entire supply chain.  As a result, the company’s products and services enable trading partners to compete effectively, increase profitability and excel in today’s retail business climate.  Industry-leading customers like Coors, Domino’s Pizza, Meijer, Rite Aid, Sara Lee, Schwan’s, SUPERVALU, and Wyeth rely on Prescient for their advanced commerce solutions for both retailers and suppliers.  For more information about Prescient, please visit www.prescient.com.  Updata Advisors, Inc. acted as sole financial advisor to Prescient in connection with the proposed merger with Park City.

Statements in this news 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, 2008 and in any risk factors or cautionary statements contained in the Company’s periodic reports on Form 10-Q or current reports on Form 8-K filed with the Securities and Exchange Commission. This presentation 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.

Business Integration Involving Pending Acquisition of Prescient Applied Intelligence Yields Significant Expense Reductions

PARK CITY, UT - Nov. 17, 2008 - Park City Group, Inc. (OTCBB: PCYG), a developer and marketer of patented computer software and consulting services which enable its retail customers to increase sales while reducing inventory and labor costs, today announced financial results for the first quarter ended September 30, 2008.

Highlights for the first quarter include:

• Supply Chain Profit Link (SCPL) subscription initiated upon completion of $47 million identified opportunity gap for a 200+ store supermarket retailer
• Completion of an SCPL opportunity evaluation, uncovering $19 million in lost opportunity for 1,300 store supermarket retailer - retailer presently evaluating SCPL subscription
• Enhanced ActionManager® labor technology system for leading home improvement specialty retailer
• Entered agreement to acquire Prescient Applied Intelligence (OTCBB: PPID)
  • Combined companies will provide one of the most comprehensive inventory and labor management solutions for suppliers and retailers and dramatically improved EBITDA

For the first quarter of fiscal 2009 the company reported that revenues decreased 38 percent to $530,278 as compared with $854,264 for the same period last year.  Lower revenue results were due in part to a $320,000 reduction in license and maintenance revenues when comparing the quarter ended 2008 with the same period in 2007. As previously announced, in 2007 the Company modified its business strategy to focus on increasing sales of its suite of software products on a subscription basis.  The Company will continue to generate licensing revenues, which by their nature are less predictable, and are best evaluated on an annual, rather than quarterly, basis.

Total operating expenses for the first quarter of fiscal 2009 were down 17 percent, or $300,843, when compared with the same period in 2008.  This is the result of a combination of efficiencies recognized in the pending merger with Prescient which included a reduction in total headcount, a reduction in consultant costs and recruitment fees, and in one-time expenses comprised of patent defense costs and stock compensation expense.

This resulted in a net loss applicable to common shareholders of ($1,209,884), or ($0.13) loss per share, as compared with ($737,216), or ($0.08) loss per share, in the same period last year.  When excluding one-time items, including income associated with patent activities of $200,000 in first quarter of fiscal 2008 which did not occur in the same period in fiscal 2009, and ($197,205) operating loss associated with the Company’s 8 percent investment in Prescient, the adjusted net loss applicable to common shareholders for the period ended September 30, 2008 and 2007 was, ($924,283) and ($854,724), respectively.

Commenting on the results, Park City Group’s Chairman and CEO, Randall K. Fields said, “We continue to make important sales and marketing inroads as we focus on strategic initiatives to increase the use of our SCPL software as a renewable and recurring subscription-based tool. In the first quarter we signed a new SCPL subscription after uncovering a $47 million opportunity gap during an introductory trial.  While the transition to a recurring revenue stream will have its’ challenges, we are focused on our goal to deliver increasingly predictable financial results.  As retailers and manufacturers experience greater challenges in retaining their best customers, interest in our SCPL program strengthens in all sectors.

“Now that the distractions related to the early stages of pending acquisition of Prescient are behind us, we are focused on maximizing strengths of our combined businesses,” Fields said.  “We expect that revenues will begin to reflect an improving trend in the third quarter.  This merger provides an important, game changing benefit for our company — and we expect to realize benefits which will impact virtually all levels of our business.  Approximately 80 percent of the integration plan has already been completed and $3 million in annual cost reduction measures have already been taken and will be reflected over the next several quarters.”

Upon customary SEC review and Prescient shareholder approval, the Company will purchase the remaining outstanding common and preferred shares of Prescient and Prescient will merge with a newly formed subsidiary and become a wholly owned subsidiary of Park City Group.

About Park City Group

Park City Group, Inc. develops and markets patented computer software and consulting services that help retailers and their suppliers to increase sales while reducing inventory and labor costs — the two largest, controllable expenses. 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. To find out more about Park City Group, please visit www.parkcitygroup.com.

Statements in this news 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, 2008 and in any risk factors or cautionary statements contained in the Company’s periodic reports on Form 10-Q or current reports on Form 8-K filed with the Securities and Exchange Commission. This presentation 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.

Subscription Follows Completion of SCPL Opportunity Identification Program

PARK CITY, Utah – October 31, 2008 – Park City Group, Inc. (OTCBB: PCYG), a developer of patented retail supply chain solutions and services, today announced that a 225 store southeastern grocery chain has signed a subscription agreement for Supply Chain Profit Link (SCPL). The subscription for the first product category, ice cream, comes after the completion of a successful SCPL opportunity identification program in three categories, in which a $5.2M opportunity gap was recognized through out-of-stock identification and promotion optimization. The opportunity gap in ice cream represented over 50% total gap uncovered. The grocery chain plans to expand SCPL into the other categories in coming months.

The grocery chain will initially utilize SCPL as the foundation for collaboration across 20 brands with multiple suppliers. SCPL will allow the retailer to view category and item product movement at various aggregations including corporate, division, region, and department level, down to hourly increments.  This visibility allows for unprecedented tracking and continuous correction of store and shelf-level issues, eliminating out-of-stocks and reducing shrink. The retailer and its suppliers will be working together to focus on mutual opportunities and realize the sales and profit improvement identified in the significant opportunity gap.

SCPL is a service offering for both perishable and non-perishable product categories which analyzes retail data and provides specific action steps to improve sales and implement cost savings measures not previously recognized by retailers and suppliers. Results of these engagements with other retailers have historically uncovered tens of millions of dollars in lost opportunities, including improvements to assortment/store clustering, increased service level and improvement in distribution voids.

Randall K. Fields, Park City Group Chairman and CEO, commented, “Our opportunity identification program provides retailers just a taste of what SCPL can do. The millions of dollars in cost savings and/or lost sales we have uncovered to date will most definitely increase as we expand across additional suppliers and categories. We take pride in the level of cost savings and increased revenue we provide our customers.”

About Park City Group:

Park City Group, Inc. develops and markets patented computer software and consulting services that help retailers and their suppliers to increase sales while reducing inventory and labor costs — the two largest, controllable expenses. 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. To find out more about Park City Group, please visit www.parkcitygroup.com.

Statements in this news 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, 2008 and in any risk factors or cautionary statements contained in the Company’s periodic reports on Form 10-Q or current reports on Form 8-K filed with the Securities and Exchange Commission. This presentation 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.