ReposiTrak Adds 20 New Meat, Poultry and Meat Alternative Suppliers to Rapidly Expanding Food Traceability Network for FSMA 204 and Beyond

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ReposiTrak, the world's largest food traceability and regulatory compliance network, adds 20 new meat, poultry, and meat alternative suppliers to its Traceability Network, meeting FSMA 204 requirements. These suppliers will exchange Key Data Elements to ensure traceability for Critical Tracking Events beyond FDA's Food Traceability List.

Positive

• ReposiTrak expands its Traceability Network with 20 new suppliers for meat, poultry, and meat alternatives.
• Suppliers will exchange Key Data Elements for Critical Tracking Events to meet FSMA 204 requirements.
• Retail and wholesale customers with traceability needs beyond FDA's list will benefit from the new members.
• ReposiTrak assists suppliers in efficiently sharing traceability data with customers under the new regulation.

Negative

• None.

ReposiTrak makes 30th new member announcement since September, welcoming suppliers to the world’s largest traceability network

SALT LAKE CITY--(BUSINESS WIRE)-- 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, today announced the addition of 20 new meat, poultry and meat alternative suppliers to the ReposiTrak Traceability Network^® (RTN). These new members will efficiently exchange intricate Key Data Elements (KDEs) for each Critical Tracking Event (CTE) in their supply chains, meeting the requirements of three retail and wholesale customers with traceability recordkeeping requirements that stretch beyond the categories included on the FDA’s Food Traceability List, which are subject to the FSMA 204 food traceability law.

Among the new members are producers of cured and smoked meats, fresh and frozen poultry, fully cooked options, on-the-go meat snacks and plant-based meat alternatives. They include a nationally recognized leader in poultry and several suppliers of premium sausage who have been in operation for more than a century. Each supplier will use RTN to efficiently share traceability data with their retail and wholesale customers who now require FSMA 204-level traceability for more food categories than are included on the FDA’s Food Traceability List.

“There are real legal implications for retailers and wholesalers whose traceability data is found to be incomplete or insufficient," stated Randy Fields, chairman and CEO of ReposiTrak. "Many retailers and wholesalers have made the decision to trace more foods than are covered by FSMA 204."

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/20240423092686/en/

Investor Relations Contact:

John Merrill, CFO

Investor-relations@repositrak.com

Or

FNK IR

Rob Fink

646.809.4048

rob@fnkir.com

Source: ReposiTrak

FAQ

How many new meat, poultry, and meat alternative suppliers did ReposiTrak add to its Traceability Network?

ReposiTrak added 20 new meat, poultry, and meat alternative suppliers to its Traceability Network.

What type of data will suppliers exchange to ensure traceability for Critical Tracking Events?

Suppliers will exchange Key Data Elements (KDEs) to ensure traceability for Critical Tracking Events.

What law do the traceability recordkeeping requirements of the new suppliers meet?

The traceability recordkeeping requirements of the new suppliers meet the requirements of the FSMA 204 food traceability law.

How does ReposiTrak assist suppliers in sharing traceability data with their customers?

ReposiTrak requires no additional hardware or software and assists suppliers in making necessary connections under the new regulation.