8-K

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                                  UNITED STATES
                       SECURITIES AND EXCHANGE COMMISSION
                              Washington, DC 20549

                                    FORM 8-K
                                 CURRENT REPORT

     Pursuant to Section 13 OR 15(d) of the Securities Exchange Act of 1934

         Date of Report (Date of earliest event reported) June 4, 2003

                              PARK CITY GROUP, INC.
             -------------------------------------------------------
             (Exact name of registrant as specified in its chapter)

            NEVADA                     000-03718                 37-1454128
- -----------------------------        -------------          --------------------
(State or other jurisdiction          (Commission               (IRS Employer
      of incorporation)               File Number)           Identification No.)

           333 Main Street #300
           Park City, UT 84060                              84060
      -----------------------------                     -----------
      (Principal executive offices)                      (Zip Code)


Registrant's telephone number, including area code    (435) 649-2221

                                       N/A
          -------------------------------------------------------------
          (Former name or former address, if changed since last report)




                    INFORMATION TO BE INCLUDED IN THE REPORT

Item 1. Changes in Control of Registrant.
         N/A

Item 2. Acquisition or Disposition of Assets.
         N/A

Item 3. Bankruptcy or Receivership.
         N/A

Item 4. Changes in Registrant's Certifying Accountant.
         N/A

Item 5. Other Events and Regulation FD Disclosure.

         On June 03, 2003, Park City Group, Inc. issued a press release
         announcing the resignation of Ed Dmytryk as acting CFO and announcing
         Peter Jensen as new CFO. A copy of the press release is attached hereto
         as Exhibit 99.01 and is incorporated herein in its entirety by
         reference into this Item 5.

Item 6. Resignations of Registrant's Directors.
         N/A

Item 7. Financial Statements and Exhibits.

         99.01 Press release dated June 03, 2003

Item 8. Change in Fiscal Year.
         N/A

Item 9. Regulation FD Disclosure.
         See Item 5.

Item 10. Amendments to the Registrant's Code of Ethics, or Waiver of a Provision
         of the Code of Ethics;
         N/A

Item 11. Public notice of a pension fund blackout period
         N/A

Item 12. Results of Operation and Financial Condition
         N/A

                                       2


                                   SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the
registrant has duly caused this report to be signed on its behalf by the
undersigned hereunto duly authorized.


                                          PARK CITY GROUP, INC.
                                          (Registrant)

Date:  June 4, 2003
                                           /s/ Randall K. Fields
                                          -------------------------------------
                                          Randall K. Fields, President and CEO

                                       3

EX-99.1

Exhibit 99.1
Press Release Dated June 03, 2003


              PARK CITY GROUP APPOINTS NEW CHIEF FINANCIAL OFFICER

PARK CITY, UTAH - June 3, 2003 - Park City Group, Inc. (OTCBB:PKCY), a leading
provider of software and services for business productivity, announced today
that Peter Jensen has been named Chief Financial Officer of the company,
effective immediately. Jensen replaces interim CFO Edward C. Dmytryk. Dmytryk
will continue to fulfill his duties as a member of the company's Board of
Directors.

We are please to have Peter join Park City Group," stated Randall K. Fields,
Chairman and Chief Executive Officer. "His extensive financial management and
strategic planning experience will benefit Park City Group as we continue to
grow and further enhance our leadership as a provider of business productivity
software and services to the retail industry. Peter's appointment will also
enable Park City Group to continue to provide shareholders with a high level
integrity in its financial reporting. We would like to thank Ed Dmytryk for his
assistance and significant contribution to Park City Group during this
transitional period."

Jensen joins Park City Group with extensive financial management, strategic
planning and SEC experience. He most recently held the position of Partner at
the CPA firm of Niederhauser & Davis, LLC. Prior to this, he held the position
of Corporate Controller for Pacific Generation Company, a subsidiary of
PacificCorp, where he was responsible for a broad scope of corporate functions,
including accounting, information technology, forecasting and administration of
long-term contracts. As Vice President of Finance of Adda Corporation, Jensen
managed vendor relationships, handled a $2 million acquisition and restructured
the company's bank line to alleviate shortage of working capital. As Treasurer
of Plantronics, Inc., he handled all SEC and shareholder reporting, cash
management and banking.

Jensen began his career as Senior Manager with KPMG Peat Marwick after
graduating from Brigham Young University, Provo, Utah, with a BS in Accounting.
Jensen received his CPA Certification in 1973 and earned his MBA from Santa
Clara University, Santa Clara, CA in 1983.

"This is an opportune time to join Park City Group's management team," commented
Jensen. "I look forward to working with the company as it continues to implement
its sound growth strategy, emphasizing financial strength, quality operations
and strategic decision making. I look forward to contributing to Park City
Group's future success as it builds on its position as a leading provider of
software technology solutions to the retail industry."

Park City Group, Inc.

Park City Group is a leading provider of software and services for business
productivity. The company uniquely leverages its expertise in retail operations
management and state-of-the-art, patented technologies to simplify the planning
and execution of complex processes; deliver timely, relevant and "action-able"
information; and improve its customers' profitability by putting the "best
manager" in every store. The software was developed initially for the Mrs.
Fields Cookies business, co-founded by Randall K. Fields, the CEO of Park City
Group, Inc. To date, the company has sold to or installed its software solutions
in over 52,000 customer locations. For additional information, please contact
Park City Group at 800.835.8824, info@parkcity.com (e-mail), or visit the
corporate website at www.parkcity.com .

Forward-Looking Statement

This release is comprised of inter-related information that must be interpreted
in the context of all the information provided; accordingly, care should be
exercised not to consider portions of this release out of context. This release
is provided in compliance with Commission Regulation FD and contains certain
"forward-looking statements" within the meaning of Section 27A of the Securities
Act of 1933 and Section 21B of the Securities Exchange Act of 1934. Any
statements that express or involve discussions with respect to predictions,
expectations, beliefs, plans, projections, objectives, goals, assumption or
future events or performance are not statements of historical fact and may be
"forward-looking statements." Forward looking statements are based on
expectations, estimates and projections at the time the statements are made that
involve a number of risks and uncertainties which could cause actual results or
events to differ materially from those presently anticipated. Forward looking
statements in this action may be identified through the use of words such as
"expects", "will", "anticipates", "estimates", "believes", or statements
indicating certain actions "may", "could", or "might" occur. Such statements
reflect the current views of Park City Group with respect to future events and
are subject to certain assumptions, including those described in this release.
Should one or more of the underlying assumptions prove incorrect, actual results
may vary materially from those described herein as anticipated, believed or
expected. Park City Group does not intend to update these forward-looking
statements prior to announcement of quarterly or annual results.

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