ReposiTrak Traceability Network Adds East Coast Seafood Suppliers
24 October 2023 - 10:00PM
Business Wire
Leading FSMA 204 food traceability platform
continues to expand market share, signs two new seafood
suppliers
Park City Group, Inc. (NASDAQ: PCYG), parent company of
ReposiTrak, the world's largest food traceability and regulatory
compliance network, built upon its proven inventory management and
out-of-stock reduction SaaS platform, today announced the addition
of two seafood suppliers to the ReposiTrak Traceability Network®
(“RTN”). The new users will exchange complex, FDA-required Key Data
Elements (KDEs) for each Critical Tracking Event (CTE) in the
supply chain, ensuring compliance ahead of the January 2026
deadline.
The suppliers will use RTN to do traceability with an in-network
retail grocery chain with nearly 300 stores; the users include:
- A Massachusetts-based seafood processor with a 108-year
history
- A Chesapeake Bay company operating a shellfish factory, seafood
processing plant and on-site aquaculture farm
“For many seafood companies like these, many if not all of the
products they harvest or handle are covered under the FDA’s new
FSMA 204 food traceability law,” said Randy Fields, ReposiTrak
chairman and CEO. “Our solution makes traceability easy and
inexpensive so that operators can continue doing business the way
they always have.”
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 begin sharing data
for a low, flat fee and there is no cost to retailers.
About Park City Group:
Park City Group, Inc. (NASDAQ:PCYG), the parent company of
ReposiTrak, Inc., a compliance, supply chain, and e-commerce
platform that enables retailers, wholesalers, and their suppliers,
to accelerate sales, control risk, and improve supply chain
efficiencies. More information is available at
www.parkcitygroup.com and www.repositrak.com.
Specific disclosure relating to Park City Group, including
management's analysis of results from operations and financial
condition, are contained in the Company's annual report on Form
10-K for the fiscal year ended June 30, 2023, and other reports
filed with the Securities and Exchange Commission. Investors are
encouraged to read and consider such disclosure and analysis
contained in the Company's Form 10-K and other reports, including
the risk factors contained in the Form 10-K.
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version on businesswire.com: https://www.businesswire.com/news/home/20231024459724/en/
Media: Ron Margulis RAM Communications 908-337-0020
ron@rampr.com
Investor Relations: John Merrill, CFO
Investor-relations@parkcitygroup.com
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