Park City Group Names CPG Industry Veteran Janet Carter Smith to Leadership Team

Park City Group Names CPG Industry Veteran Janet Carter Smith to Leadership Team

PARK CITY, Utah--(BUSINESS WIRE)-- Park City Group (NYSE MKT: PCYG), a leader in consumer goods supply chain technology designed to increase sales and reduce out-of-stocks, today announced Janet Carter Smith is joining the company. A Consumer Packaged Goods industry veteran, serves as Senior Vice President, Market Development, with responsibility for developing business solutions, consulting and expanding efforts in market development.

"Janet is an industry-recognized senior leader with a proven track record of driving commercial success in the Consumer Packaged Goods industry. She is uniquely talented at identifying, managing and providing organizational leadership to develop enterprise wide initiatives and strategies. Her extensive industry experience will help expand Park City Group's market development and expand into new channels," said Randall K. Fields, Chairman and CEO of Park City Group. We are privileged to have someone of Janet's caliber join our team and are looking forward to utilizing her talent."

Carter Smith spent more than 17 years at GlaxoSmithKline Consumer Healthcare, most recently serving as Vice President, Corporate Development. In this role, she directed customer development across all classes of trade and led all aspects of industry and trade relations including association management, external communications and conference planning and execution. She was also the commercial lead and expert for cross sector collaborations and enterprise wide initiatives with GSK Pharmaceutical, Vaccines and Consumer Healthcare businesses. Carter Smith previously served as Director, Business Development - Strategic Retail Solutions, Senior District Retail Sales Manager, Regional Retail Sales Manager and Senior Corporate Account Manager.

"One of the biggest challenges our industry faces today is we live in a consumer-driven marketplace where the speed of change and the ability to respond to the shopper's expectations is paramount. The strength of the industry rests in our ability to adapt to meet the increasing and changing needs of our consumers. Park City Group is providing leadership and solutions enabling greater collaboration and more informed decision making between retailers and suppliers, resulting in increased sales and profitability for both," said Carter Smith. "I am excited to join Park City Group in their efforts to provide technology solutions that help address one component of delivering consumer centricity."

Carter Smith served as Chairperson, Retail Liaison Committee and sat on the Annual Executive Conference Planning Committee at the Consumer Healthcare Products Association (CHPA), she was a Retail Advisory Board Member for the National Association of Chain Drug Stores (NACDS), a member of the Education Leadership Council for the Global Marketing Development Center (GMDC) and was on the Health, Beauty and Wellness Advisory Committee at the Healthcare Distribution Management Association (HDMA). She was also the Network of Executive Women (NEW) Ambassador for GlaxoSmithKline.

Carter Smith received a BS in Business Management from Huntingdon College, Montgomery, Ala.

About Park City Group

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

ReposiTrak™ 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, ReposiTrak™, will enable all participants in the farm-to-table supply chain to easily manage tracking and traceability requirements as products move between trading partners.

Forward-Looking Statements

Any statements contained in this document that are not historical facts are forward-looking statements as defined in the U.S. Private Securities Litigation Reform Act of 1995. Words such as "anticipate," "believe," "estimate," "expect," "forecast," "intend," "may," "plan," "project," "predict," "if", "should" and "will" and similar expressions as they relate to Park City Group, Inc. ("Park City Group") are intended to identify such forward-looking statements. Park City Group may from time to time update these publicly announced projections, but it is not obligated to do so. Any projections of future results of operations should not be construed in any manner as a guarantee that such results will in fact occur. These projections are subject to change and could differ materially from final reported results. For a discussion of such risks and uncertainties, see "Risk Factors" in Park City's annual report on Form 10-K, its quarterly report on Form 10-Q, and its other reports filed with the Securities and Exchange Commission under the Securities Exchange Act of 1934, as amended. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the dates on which they are made.

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