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) January 7, 2004

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

           NEVADA                         0003718                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 9. Regulation FD Disclosure.

On January 8, 2004, CRS Retail Systems, Inc. issued a press release announcing
its strategic alliance with Park City Group, Inc. to license and resell certain
software products of Park City Group, Inc. A copy of the press release is
attached hereto as Exhibit 99.1 and is incorporated herein in its entirety by
reference into this Item 9. The information furnished in this Item 9 (which is
being furnished under Item 12) shall not be deemed "filed" for purposes of
Section 18 of the Securities Exchange Act of 1934, as amended, or otherwise
subject to the liabilities of that section, nor shall such information be deemed
incorporated by reference in any filing under the Securities Act of 1933, as
amended, except as shall be expressly set forth by specific reference in such a
filing.



                                   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: January 8, 2004                       /s/ Randall K. Fields
                                           -------------------------------------
                                           Randall K. Fields, President and CEO

                                       2

EX-99.1

EXHIBIT 99.1

Press Release Dated January 8, 2004



Press Release
                                               Source: CRS Retail Systems, Inc.


CRS Retail Systems, Inc. Announces Strategic Alliance With Park City Group, Inc.
To Provide Labor Management Applications


Retailers Will Benefit from an Integrated Solution Including Scheduling,
Forecasting, Time Attendance, and Reporting Capabilities

NEWBURGH, N.Y.--(BUSINESS WIRE)--Jan. 8, 2004-- CRS Retail Systems, Inc., a
leading provider of software and services for the retail industry, today
announced a strategic alliance with Park City Group, Inc. (OTCBB:PKCY - News) to
add key workforce management applications to its rapidly expanding application
suite. Park City Group 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.

Under the terms of the agreement, CRS Retail Systems is granted an exclusive
license and additional rights to brand and resell Park City Group's patented
technology for labor scheduling, forecasting, and reporting. These applications,
integrated to the Time and Attendance module of the CRS RetailStore(TM)
application will be marketed as CRS LaborManagement(TM) and will be officially
unveiled at the upcoming 93rd Annual NRF Convention and EXPO.

Advanced scheduling and related workforce management capabilities expand the
breadth and depth of the CRS Retail Suite(TM), providing retailers with another
ROI-generating solution for improved store operations, reduced operating costs,
and increased sales.

"After significant build-vs-buy deliberations and numerous discussions with our
customers, we concluded that Park City Group offered the best product for CRS to
license and bring to our customers," said Kathy Frommer, chief executive officer
of CRS Retail Systems. "The product is highly advanced, easy to use, and allows
for extremely flexible deployment options: all critical factors for our broad
spectrum of retail customers."

"This is clearly a win-win relationship in line with our strategy to extend the
distribution of our patented technology in the retail industry via OEM
partnerships," said Randy Fields, president and chief executive officer of Park
City Group, Inc. "We are pleased to be working with CRS Retail Systems to add
key labor management applications to the CRS Retail Suite and anticipate a long
and mutually beneficial partnership."

About CRS Retail Systems, Inc.

CRS Retail Systems provides retail management software, hardware, and services
to help its customers drive sales, improve customer service, and reduce
operating costs, all with more ease and flexibility. With more than 100,000
in-store systems installed in 32 countries and 10 languages, CRS is a trusted
leader in the retail industry. CRS customers include leading retailers such as
American Eagle Outfitters, Ann Taylor, Barnes & Noble, Chico's, Foot Locker, J.
Crew, Sport Chalet, Yankee Candle, and Rosebys (U.K.), among others. CRS is a
privately held company with more than 260 employees based at its Newburgh, N.Y.
headquarters and a regional office in Salt Lake City, Utah. For more
information, please visit the CRS website at www.crsretail.com or call
845-567-1234.



About 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@parkcitygroup.com (e-mail), or visit the
corporate website at www.parkcitygroup.com.

Forward-Looking Statement

Statements in this press 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 worldwide and U.S. economic conditions that
materially impact consumer spending and consumer debt, changes in demand for the
Company's products and services, risks associated with the integration of
acquisitions and other investments, 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 annual report on
Form 10- K for the year ended June 30, 2003 filed with the Securities and
Exchange Commission. Park City Group does not intend to update these
forward-looking statements prior to announcement of quarterly or annual results.