Market-Pulse.com Announces Trade Alert for Park City Group, Inc.
Wednesday May 17, 9:05 am ET
ATLANTA, May 17, 2006 (PRIMEZONE) -- Market-Pulse.com announces its trade alert for Park City Group, Inc. (OTC BB:PKCY.OB - News). According to Bernard R. Schmitt of Market Pulse, ``The company just had excellent news out today regarding the signing of an agreement with Circle K Midwest for the company's ActionManager(tm) solution for its over 530 locations.'' Circle K Midwest is the second largest convenience store operator in North America.
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For more than 50 years, Circle K, a wholly owned subsidiary of Couche-Tard, Inc., has been one of North America's most popular and successful operators of convenience stores. Today, there are more than 2,100 Circle K stores across the USA and over 4,000 international locations. Couche-Tard is the second largest independent convenience store operator in North America, and the industry leader in Canada.
In a press release issued earlier today by Park City, ``Circle K has led the way for the convenience store industry for many years. Their dedication to the highest levels of customer service is well known in every market they serve. Naturally, we are very pleased to be working with this highly successful industry leader,'' commented Randall K. Fields, Park City Group's Chairman and Chief Executive. Fields continued, ``Our rapid expansion with top-tier convenience store retailers like Circle K further validates our service and technology offerings. We anticipate adding additional customers from this sector in the coming months.''
Couche-Tard stores are located in three geographic markets in Canada (East, Centre and West), and in five major markets covering 23 American states (Midwest, Southeast, Florida and Gulf Region, Arizona Region and West Coast) in the United States. In addition, a network of more than 4,000 licensees extends into seven other regions worldwide (Japan, Taiwan, Hong Kong, Indonesia, Mexico, China (PRC), Guam).
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. For more about Park City Group visit their website at www.parkcitygroup.com.
About Couche-Tard, Inc.
Alimentation Couche-Tard Inc. is the leader in the Canadian convenience store industry. In North America, Couche-Tard is the third largest convenience store operator and the second largest independent (not integrated with a petroleum company) convenience store operator and the most profitable one within such category. Couche-Tard currently operates a network of 4,909 convenience stores, 3,028 of which include motor fuel dispensing, located in eight large geographic markets, including three in Canada and five, which cover 23 states in the United States. Some 36,000 people are employed throughout Couche-Tard's retail convenience network and executive offices.
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You should be aware that MP is often compensated for issuing analyses, recommendations or opinions concerning particular companies. Its opinion is therefore not unbiased and you should consider this factor when evaluating MP's statements regarding a company. MP has been compensated one hundred forty thousand dollars from Park City Group, Inc. for its current coverage. In addition, MP has fifty thousand dollars pending from Park City Group, Inc. For past coverage, MP was compensated twelve thousand five hundred dollars from Park City Group, Inc. In addition, for past coverage of Park City Group, Inc., MP was also compensated from a third party shareholder two hundred fifty thousand free trading shares of stock in Park City Group, Inc. To date, MP has sold these shares for proceeds totaling seventeen thousand nine hundred dollars. MP's officers and directors reserve the right to buy additional shares of the companies discussed in this opinion and may profit in the event those shares rise in value. When MP receives free trading shares as compensation for a profiled company, MP may sell part or all of any such shares during the period in which MP is performing such services.
Contact:
Market Pulse
Bernard Schmitt
(800) 290-8935
info@market-pulse.com
