8-K

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):  March 23 , 2011

Commission File Number:  000-03718

Park City Group, Inc.
(Exact name of small business issuer as specified in its charter)

Nevada
(State or other jurisdiction of incorporation or organization)

371454128
(IRS Employer Identification No.)

3160 Pinebrook Rd., Park City, Utah 84098
(Address of principal executive offices)

435-645-2000
(Registrant's Telephone number)

Not Applicable
(Former Name or Former Address, if Changed Since Last Report)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):

[ ] Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

[ ] Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

[ ] Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

[ ] Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Item 2.02 Results of Operations and Financial Condition.

On March 23, 2011, Park City Group, Inc. (the "Company") issued a press release announcing that they had begun the implementation of its first "Mega Hub" retail customer. This previously-announced customer, one of the nation's largest supermarket chains, selected the "Mega Hub" version of the Company's Consumer Driven Sales OptimizationTM platform. A copy of the press release is furnished as Exhibit 99.1.

Item 8.01 Other Events.

See Item 2.02.

Item 9.01 Financial Statements and Exhibits.

See Exhibit Index.

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.

Date:   March 23, 2011

By:	/s/ David Colbert
	Name: David Colbert
	Title: Chief Financial Officer

Exhibit Index

Exhibit No.	Description
EX-99.1	PCG Press Release Mar 23 2011

EX-99

Park City Group Begins First "Mega Hub" Implementation

Scaling Activities Substantially Complete

PARK CITY, Utah, March 23, 2011 (GLOBE NEWSWIRE) -- Park City Group (NYSE Amex:PCYG), a Software-as-a-Service provider of unique supply chain solutions for retailers and their suppliers, today announced that it has begun the implementation of its first "Mega Hub" retail customer. This previously-announced customer, one of the nation's largest supermarket chains, selected the "Mega Hub" version of Park City Group's Consumer Driven Sales Optimization^TM ("CDSO") platform.

The company said that the implementation of the "Mega Hub" stems from the substantial progress the Company has made in process and scalability enhancement activities initiated early in this fiscal year.

About Park City Group

Park City Group (NYSE Amex: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 provide store level visibility and set the supply chain in motion. And since it is scan based, it can be used in a Direct Store Delivery (DSD) or warehouse setting.

The Food Safety Global Registry^TM provides food retailers and suppliers with a robust solution that will help them protect their brands and remain in compliance with rapidly evolving regulations in the recently passed Food Safety Modernization Act. An internet-based technology, the Food Safety Global Registry, will enable all participants in the farm-to-table supply chain to easily manage tracking and traceability requirements as products move between trading partners.

For more information, go to www.parkcitygroup.com.

The Park City Group, Inc. logo is available at http://www.globenewswire.com/newsroom/prs/?pkgid=8655

CONTACT: IR Contact

         Dave Mossberg

         Three Part Advisors, LLC

         817-310-0051