-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, LBxCYH6VDLGJNXqWVnQLx+rhJQikEb5kRQGXgPms24vCJfRN5A/U09jJ9Tr33FKK o81yRldnzFDu6RqqfFfn3A== 0001038838-04-000618.txt : 20040715 0001038838-04-000618.hdr.sgml : 20040715 20040715115921 ACCESSION NUMBER: 0001038838-04-000618 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20040711 ITEM INFORMATION: Regulation FD Disclosure FILED AS OF DATE: 20040715 FILER: COMPANY DATA: COMPANY CONFORMED NAME: PARK CITY GROUP INC CENTRAL INDEX KEY: 0000050471 STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-COMPUTER PROCESSING & DATA PREPARATION [7374] IRS NUMBER: 112050317 STATE OF INCORPORATION: DE FISCAL YEAR END: 0630 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 000-03718 FILM NUMBER: 04915239 BUSINESS ADDRESS: STREET 1: 333 MAIN STREET, SUITE 300 STREET 2: P.O. BOX 5000 CITY: PARK CITY STATE: UT ZIP: 84060 BUSINESS PHONE: 435-649-2221 MAIL ADDRESS: STREET 1: 333 MAIN STREET, SUITE 300 STREET 2: P.O. BOX 5000 CITY: PARK CITY STATE: UT ZIP: 84060 FORMER COMPANY: FORMER CONFORMED NAME: FIELDS TECHNOLOGIES INC DATE OF NAME CHANGE: 20010626 FORMER COMPANY: FORMER CONFORMED NAME: AMERINET GROUP COM INC DATE OF NAME CHANGE: 19990803 FORMER COMPANY: FORMER CONFORMED NAME: EQUITY GROWTH SYSTEMS INC /DE/ DATE OF NAME CHANGE: 19951214 8-K 1 form8k071104.txt FORM 8-K DATED JULY 11, 2004 SEC 873 Potential persons who are to respond to the collection of information contained in this form are (03/2003) not required to respond unless the form displays a currently valid OMB control number. - ------------------------- OMB APPROVAL - ------------------------- OMB Number: 3235-0060 Expires: October 31, 2005 Estimated average burden hours per response: 2.58 - ------------------------- 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) July 11, 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 July 31, 2004, Park City Group, Inc. issued a press release announcing its preliminary, anticipated revenue for the quarter ended June 30, 2004. 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: July 15, 2004 /s/ Randall K. Fields ------------------------------------- Randall K. Fields, President and CEO 2 EX-99.1 2 ex991form8k071104.txt PRESS RELEASE DATED JULY 11, 2004 EXHIBIT 99.1 Press Release Dated July 11, 2004 PARK CITY GROUP ANNOUNCES A STRONG FINISH AND ANTICIPATES POSITIVE RESULTS IN PRELIMINARY FOURTH QUARTER REVIEW PARK CITY, UTAH - July 11, 2004 - Park City Group, Inc. (OTCBB: PKCY) announced today that a significant portion of the fourth quarter revenues have been generated from existing customers, and specifically the Fresh Market Manager customers. The Company experienced a strong finish to the quarter and by achieving this additional licensing revenue from the existing customers, it means that the Company will likely meet its financial plan for the fourth quarter that ended June 30, 2004. "The major focus of our business is delivering good customer service and products that will deliver the results that are promised. Our belief is that our success is measured by the success of our customers. This belief is reinforced by the fact that this quarter's revenues (anticipated to be between $1.4 and $1.5 million) are composed primarily of additional licenses from several existing customers. Our customers have given us their approval by acquiring additional licenses," states Randy Fields, CEO of Park City Group. Fields adds, "Additionally, the Company has continued growth in its sales pipeline with named prospects, many of whom are well into the process and are nearing the contract negotiation stage. We believe this is due in large part to our efforts in improving Company and product visibility with press coverage of customers and articles we have written for trade publications." "Preliminarily, our fourth quarter results will show that the Company has continued to make significant progress on balance sheet improvement and major developments in this past quarter also aided our ability to meet our financial plan," continues Fields. "For example, by providing an option for PAYGo (the subscription service for our software and services on a monthly fee basis), we were able to expedite the addition of new customers to our existing customer list. This is another important building block to the sustained growth plans and increasing revenue opportunities for moving the Company forward and developing a sustained and consistent revenue stream from month to month. We are pleased with our progress and anticipate being able to keep this momentum going into our next fiscal year." About Park City Group: Park City Group, Inc. develops and markets patented computer software that helps its retail customers to increase their sales while reducing their inventory and labor costs: the two largest, controllable expenses in the retail industry. The technology has its genesis in the operations of Mrs. Fields Cookies, co-founded by Randy Fields, CEO of Park City Group, Inc. Industry leading customers such as The Home Depot, Victoria's Secret, The Limited, Anheuser Busch Entertainment and Tesco Lotus benefit from our software. Feel free to contact us (Media Contact Randy Fields) at 800.772.4556 or info@parkcitygroup.com. To find out more about Park City Group (OTCBB: PKCY, Berlin: WKN# 925919), visit our website at www.parkcitygroup.com. 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 uses the paid services of investor relations organizations to promote the Company to the investment community. Park City Group does not intend to update these forward-looking statements prior to announcement of quarterly or annual results. -----END PRIVACY-ENHANCED MESSAGE-----