Company Announcements

As regulatory deadlines draw near, 25 produce companies have partnered with ReposiTrak to leverage its cutting-edge, hardware-free traceability solutions

SALT LAKE CITY--(BUSINESS WIRE)--Sep. 5, 2024-- ReposiTrak (NYSE:TRAK), the world’s largest food traceability and regulatory compliance network, leveraging its established inventory management and out-of-stock reduction SaaS platform, is proud to welcome 25 new produce companies to the ReposiTrak Traceability Network® (RTN). These new members will efficiently exchange intricate, FDA-required Key Data Elements (KDEs) for each Critical Tracking Event (CTE) in their supply chains, ensuring proactive compliance well before the January 2026 deadline.

Among the new suppliers are three with particularly rich histories. The first is a leading producer of high-quality dehydrated potato products, known for its efficient and sustainable field-to-shelf processes. The second is one of North America’s largest open-field tomato growers, recognized for their commitment to sustainable farming practices and the freshness of their produce. The third is the world's largest grower and processor of horseradish, with over 90 years of experience, known for their vertically integrated operations that ensure product freshness from farm to table. These companies are now prepared to share traceability data with 3 different retailers and wholesalers for every shipment, every time.

“By joining ReposiTrak’s traceability network, these leading suppliers are reinforcing their dedication to transparency and food safety,” stated Randy Fields, chairman and CEO of ReposiTrak. “Our hardware-free solution empowers them to seamlessly share traceability data with all their customers within the network, in any format. This not only streamlines operations but also greatly enhances the efficiency of supplier onboarding.”

The ReposiTrak Traceability Network requires no additional hardware or software and the ReposiTrak team assists in making the connections needed under the new regulation. Suppliers can connect to an unlimited number of trading partners and share data for a low, flat fee.

About ReposiTrak

ReposiTrak (NYSE: TRAK), formerly Park City Group, provides retailers, suppliers and wholesalers with a robust solution suite to help reduce risk and remain in compliance with regulatory requirements, enhance operational controls and increase sales with unrivaled brand protection. Consisting of three product families – food traceability, compliance and risk management and supply chain solutions – ReposiTrak’s integrated, cloud-based applications are supported by an unparalleled team of experts. For more information, please visit https://repositrak.com

View source version on businesswire.com: https://www.businesswire.com/news/home/20240905608116/en/

Investor Relations Contact:
John Merrill, CFO
Investor-relations@repositrak.com

Or
FNK IR
Rob Fink
646.809.4048
rob@fnkir.com

Source: ReposiTrak