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Park City Group Amends Form 8-K/A Filing

September 16, 2015 6:00 AM EDT

SALT LAKE CITY, Sept. 16, 2015 (GLOBE NEWSWIRE) -- Park City Group (NASDAQ: PCYG), today filed an amendment to the Form 8-K/A filed with the Securities and Exchanges Commission on September 15, 2015. The initial Form 8-K/A contained an explanatory paragraph in the unqualified opinion of the independent auditor, which was included in error, related to the financial statements of ReposiTrak Inc., which Park City Group acquired on June 30, 2015.  The amendment to the Form 8-K/A filed on today's date contains an unqualified opinion on the financial statements of ReposiTrak, which is consistent with Park City Group's Form 10-K for the year ended June 30, 2015.

Park City Group has also notified certain media outlets that reported the error referenced in the initial Form 8-K/A, and have requested that corrections be posted. 

Investors are encouraged to read the amendment to Form 8-K/A in its entirety, which amendment, including complete financial statements of ReposiTrak, was filed with the Securities and Exchange Commission on today's date.

About Park City Group

Park City Group (PCYG) is a Software-as-a-Service ("SaaS") provider that brings unique visibility to the consumer goods supply chain, delivering actionable information to ensure products are available when and where consumers demand them, helping retailers and suppliers to 'Sell More, Stock Less, and See Everything'. Park City Group's technology also assists all participants in the food and drug supply chains to comply with food and drug safety regulations through the Company's ReposiTrak subsidiary. More information is available at www.parkcitygroup.com and www.repositrak.com.

CONTACT: Investor Relations Contact:
         Dave Mossberg
         Three Part Advisors, LLC
         817-310-0051

         Jeff Elliott
         Three Part Advisors, LLC
         972-423-7070

Source: Park City Group, Inc.


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