Park City Group to Move Trading to NASDAQ Capital Market
SALT LAKE CITY, Oct. 15, 2013 (GLOBE NEWSWIRE) -- Park City Group (NYSE
MKT:PCYG), a Software-as-a-Service provider of unique supply chain
solutions for retailers and their suppliers, today announced that the
Company will move trading in its shares from the NYSE MKT, formerly the
American Stock Exchange, to the NASDAQ Capital Market. The company
expects trading on the NASDAQ to begin on October 28, 2013.
"We are excited about the move to NASDAQ and look forward to leveraging
their technologically advanced trading platform to reach investors
around the world," said Randall K. Fields, Chairman and Chief Executive
Officer. "We believe that with the progress the company has made and
the significant opportunities that lay ahead, the NASDAQ is an ideal
fit for Park City Group and will provide investors with fast, high
quality trades in a cost effective structure for the company. We also
look forward to joining many other leading technology companies already
listed on the NASDAQ."
The company will retain its current ticker symbol, PCYG, when trading
begins on the NASDAQ.
About Park City Group
Park City Group (NYSE MKT: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 as well as providing food safety
tracking information. The Company's service increases customers' sales
and profitability while enabling lower inventory levels and ensuring
regulatory compliance 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 provides store level visibility and
sets the supply chain in motion. And since it is scan based, it can be
used in a Direct Store Delivery (DSD) or warehouse setting. More
information about the company can be found at www.parkcitygroup.com.