SALT LAKE CITY, Oct. 04, 2017 (GLOBE NEWSWIRE) -- Park City Group’s (NASDAQ: PCYG ), ReposiTrak , Inc., the leading provider of Compliance Management and Track & Trace solutions for the grocery and foodservice industry, announces Transnational Foods is adopting ReposiTrak’s Compliance Management System to manage records from its upstream suppliers. Transnational Foods sells hundreds of canned and packaged food products from 25 different countries to supermarkets, dollar stores and other distributors throughout the U.S. and overseas. With distribution centers in Miami and six other cities, Transnational sells its own brands — Pampa, Della Natura, So Natural and Tummy Treats — and packages private label lines.
“Food safety has always been a top priority at Transnational Foods and this is a cost effective solution to perfectly comply with FSMA requirements,” said Carlos Gomez, Director of Research and Development for Transnational Foods. “Since we were already using ReposiTrak to share documents with downstream customers, it just made sense to expand our use of the system to collect and manage documents from our own upstream suppliers, as well.”
“ReposiTrak’s advanced, industry-standard compliance tracking solution is the main reason suppliers like Transnational Foods are choosing ReposiTrak to manage their own upstream supply chains,” said Randall K. Fields, Chairman and CEO of Park City Group. “Their commitment to food safety and supply chain transparency make us proud to have them utilize our system.”
ReposiTrak, a wholly-owned subsidiary of Park City Group (NASDAQ: PCYG ), helps manage regulatory, financial and brand risk associated with issues of safety in the supply chain. Powered by Park City Group’s technology, the platform consists of two systems: Compliance Management , which not only receives, stores and shares documentation, but also manages compliance through dashboards and alerts for missing or expired documents; and Track & Trace , which quickly identifies product ingredients and their supply chain path in the unfortunate event of a product recall. It can reduce the risk in the supply chain by identifying backward chaining sources and forward chaining recipients of products in near real time.
About ReposiTrak ReposiTrak, Inc. is a wholly-owned subsidiary of Park City Group (NASDAQ: PCYG ) and was co-founded with Leavitt Partners. ReposiTrak® provides food retailers and suppliers with a robust solution to help them protect their brands and remain in compliance with the rapidly evolving regulations in the Food Safety Modernization Act. Additionally, ReposiTrak enables traceability as products and their ingredients move between trading partners and now helps customers source new compliant suppliers and drive sales through MarketPlace. More information is available at www.repositrak.com .
About Park City Group Park City Group (PCYG) is a Software-as-a-Service (“SaaS”) provider that brings unique visibility to the consumer goods supply chain, delivering actionable information to ensure products are available when and where consumers demand them, helping retailers and suppliers to ‘Sell More, Stock Less, and See Everything’. Park City Group’s technology also assists all participants in the food and drug supply chains to comply with food and drug safety regulations through the Company’s ReposiTrak subsidiary. More information is available at www.parkcitygroup.com .
Media Contact Ronald Margulis RAM Communications +1 908.272.3930 ron@rampr.com
Investor Contact Jeff Elliott Three Part Advisors +1 972-423-7070 jelliott@threepa.com
