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John McNamara
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            Park City Group Completes $4.8 Million Private Placement

               Company Enhances Working Capital as CEO Sees Rapid
                                 Industry Growth

PARK CITY UT, - June 15, 2006 - Park City Group, Inc. (OTCBB: PKCY) today
announced it raised $4.3 million through the private placement of common stock
with accredited investors. The first release of $1.425 million occurred on June
3, 2006. On June 14, 2006, the company received the balance of $2.938 million.
The Company issued 87,272,742 common shares at $.055 per share raising
approximately $4.8 million before deducting commissions and other expenses. The
net proceeds from the private placement will be used for working capital and
general corporate purposes. Taglich Brothers acted as the Company's placement
agent.

Randall Fields, Park City Group chairman and chief executive officer, said,
"This financing provides us with a significantly stronger balance sheet that
will assist us in the continued execution of our business plan. We are very
pleased that Taglich Brothers introduced our company to the high quality,
long-term investors who participated in this deal, and we look forward to our
association with their fine organization."

Fields continued, "Our markets are projected to grow substantially in the coming
years as supermarkets, grocers, convenience stores and other retail customers
grapple with the imperative to more profitably manage perishables and labor
costs. As retailers recognize the solutions Park City Group offers, it is
critical that we have the working capital strength necessary to grow with our
client's demands for service. The added funds will help us greatly expand our
development activities, our marketing and our services activities and the action
represents a strong step towards what we ultimately hope to be a listing on a
national stock exchange."

The shares of common stock have not been registered under the Securities Act of
1933 and may not be subsequently offered or sold by the investors in the United
States absent registration or an applicable exemption from the registration
requirements. Park City Group has agreed to file a registration statement
covering resale of the common stock by investors. This press release does not
constitute an offer to sell or the solicitation of an offer to buy any security
and shall not constitute an offer, solicitation or sale of any securities in any
jurisdiction in which such offer, solicitation or sale would be unlawful prior
to registration or qualification under the securities laws of such jurisdiction.


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. To find out more about Park City Group
(OTCBB: PKCY) 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 economic conditions that may change demand for
the Company's products and services 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 report on Form
10-K for the year ended June 30, 2003 filed with the Securities and Exchange
Commission. This release is comprised of interrelated information that must be
interpreted in the context of all of the information provided and care should be
exercised not to consider portions of this release out of context. Park City
Group uses paid services of investor relations organizations to promote the
Company to the investment community. Investments in any company should be
considered speculative and prior to acquisition, should be thoroughly
researched. Park City Group does not intend to update these forward-looking
statements prior to announcement of quarterly or annual results.