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In its continuing efforts to protect and preserve the value of its intellectual property, Park City Group (OTCBB:PCYG) announced today that it is aggressively defending its patented labor management method and process in a patent infringement litigation against Workbrain Corporation (TSX:WB). The Toronto-based Workbrain markets Total Workforce Management including a workforce scheduling component that Park City Group alleges infringes the company’s U.S. Patent No. 5,111,391. U.S. Patent No. 5,111,391 was granted to Park City Group in 1992. The patent, in brief, describes a system and method for making staff schedules as a function of available resources, employee skills, availability, and priority and the sequencing of tasks to be performed in the schedule. Park City Group has previously and successfully defended this patent in prior infringement situation with a number of major software companies. “The patenting of this as well as our other intellectual property is the result of years of energy, effort and costs expended in creating these methods and processes. It is a significant part of the strength and value of Park City Group. We continue to create new and patentable processes as noted in our most recently granted patent, U.S. Patent No. 7,113,904, which was issued on September 26, 2006. This new patent brings our total number of patents to 9 with the addition of 3 pending patent applications,” notes Randy Fields, CEO and Chairman of the company. “We have made a significant investment in our development efforts and are particularly proud of our technology accomplishments. Our shareholders understand that the expensive process of developing technology solutions and then protecting the efforts of our labors with patents creates additional value to our company and we will continue to aggressively defend our intellectual property at every opportunity.” 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. 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. 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, 2006 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.
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To find out more about Park City Group (OTCBB:PCYG) visit our website at www.parkcitygroup.com.
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