Food Safety Moves to the Top of the Food Industry Priorities

SALT LAKE CITY, Jan. 27, 2016 (GLOBE NEWSWIRE) -- Park City Group’s (NASDAQ: PCYG) ReposiTrak, the leading provider of Compliance Management and Track & Trace solutions for food, pharma and dietary supplement safety, reports increased interest in its food safety offering stemming from its presentation at a recent food industry executive conference.

Park City Group presented at a major industry conference this past weekend, highlighting the key benefits of its ReposiTrak® food safety offering.  The conference is an invitation-only annual gathering, designed for senior-level executives in the food retail industry. This prestigious event is a major venue where a diverse group of top industry leaders, including retailers, wholesalers, independent operators, suppliers and manufacturers, converge to gain insights relevant to the success of their business.

“Recent high profile foodborne illness outbreaks, as well as a surge in litigation and criminal prosecution, are creating a growing sense of urgency about food safety compliance among industry executives,” said Randal K. Fields, CEO and Chairman of Park City Group.   “As knowledge builds of ReposiTrak’s proven efficacy, we are seeing increased interest on multiple fronts, including both potential customers and partners.   We anticipate a significant acceleration in the number of new retailers and wholesalers on-boarded over the next several months.”

About ReposiTrak

ReposiTrak is a wholly-owned subsidiary of Park City Group (NASDAQ: PCYG) and was co-founded with Leavitt Partners. ReposiTrak® provides food retailers and suppliers with a robust solution to help them protect their brands and remain in compliance with the rapidly evolving regulations in the Food Safety Modernization Act.  Additionally, ReposiTrak enables traceability as products and their ingredients move between trading partners. More information is available at www.repositrak.com.

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.  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.

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, its quarterly report on Form 10-Q, 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.

Investor Relations Contact:

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

Dave Mossberg
Three Part Advisors, LLC
817-310-0051

Source: Park City Group, Inc.

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