This has allowed for more tailoredordering optimizing inventory and greatly reducing shipping costs

This has allowed for more tailoredordering, optimizing inventory and greatly reducing shipping costs. “We have seen the many benefits SBT provided with our current retail partners,and expanding the program was an easy decision with these additional retailpartners,” stated Mike Koocher, Phantom Fireworks Director of IT. “PhantomFireworks believes investments in technology and new creative business solutionsare core to moving our business forward, and have always felt investing in ParkCity Group is a sound investment in growing our business.” Controlling ShrinkPhantom Fireworks has also been utilizing Park City Group Visibility & Analytics(V&A), a web based business intelligence tool, to help gain visibility to andimprove their shrink with each of their retail partners. It has provided PhantomFireworks a greater visibility into detailed shrink information at item andstore level, leading to a deeper understanding of their root causes of shrinkwhich they can then share with their retail partners. They have used thisinsight to reduce shrink, increase collaboration with their retailer partnersand alter ordering and replenishment at the store level. “Park City Group does not just provide business software, we provide newbusiness process that improves profits The continuing success B.J.

Alan hasseen with SBT and V&A shows that when you invest in a Park City Group solutionyou are investing in business solutions, but you are also gaining a partner whois committed to the long-term success and profitability of your company,”commented Randall K. Fields, Chairman & CEO of Park City Group.About Park City Group:Park City Group is a trusted business solutions and services provider thatenable retailers and suppliers to work collaboratively as strategic partners toreduce out-of-stocks, shrink, inventory and labor while improving profits,efficiencies, and customer service. Our innovative solutions provide tradingpartners a common platform on which they can capture, manage, analyze and sharecritical data, bringing greater visibility throughout the supply chain, andgiving them the power to make better and more informed decisions. For moreinformation, go to Park City Group recently acquired Prescient Applied Intelligence, click here toread more.

PR Contact:Park City GroupCourtney Behrens, 610-719-1600 orIR Contact:Bibicoff & MacInnis, Inc.Terri MacInnis, Copyright Business Wire 2009. (Adds background, details) MUMBAI, June 3 (Reuters) – India’s biggest energy group,Reliance Industries Ltd (RELI.BO), said on Wednesday a Europeantextile unit, Trevira, had applied in a German court to startof insolvency proceedings with a restructuring plan. “The move follows major efforts by the company to overcomethe impact of industrial slowdown in Europe particularly of theautomotive and textile sectors to whom it is an importantsupplier,” Reliance, India’s most valuable listed firm, said ina statement. Trevira makes polyester fibres and filament yarns, andreported turnover of 323 million euros ($459 million) in 2008,data on its website showed. It has production units in Germany, Denmark, Poland andBelgium, with around 1,800 employees, the website showed. Reliance Industries acquired Frankfurt-based Trevira forabout 80 million euros in 2004. Reliance said Trevira was “severely impacted”by therecent global financial crisis resulting in considerable demandcontraction in its’ principal market segment.

($1=0.703 euro) (Reporting by Ami Shah; Editing by John Mair). * A2A shareholders appoint new supervisory board Italy * Should help corporate governance -analyst (Releads, adds analyst comment, share price) By Giancarlo Navach BRESCIA, Italy, June 3 (Reuters) – Shareholders of Italianregional utility A2A SpA (A2.MI) agreed to replace itssupervisory board on Wednesday in a move aimed at smoothing itscorporate governance and allowing it to focus on strategy. Corporate governance issues have dogged A2A since it wascreated on Jan. 1 last year from the merger of the Milan andBrescia local utilities. Its share price has underperformedpeers in Europe by around 25 percent since then. “Disputes between Zuccoli (chairman of management board) andCapra (chairman of supervisory board) have held the company backand the appointment of a new board can only help things sincethe new (supervisory) chairman is fully aware of past mistakes,”a Milan analyst said.