ReposiTrak Continues Rapid Expansion, Adds Four New Seafood Suppliers to Traceability
January 30 2024 - 7:00AM
Business Wire
The world’s largest, fastest- growing FSMA 204
food traceability network grows participation in key Food
Traceability List category.
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 prominent seafood suppliers,
including a leading North American sustainable fishery and a major
global seafood distributor, 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.
The new members include:
- A family-owned and operated premium seafood company, proudly
serving for over two decades with an unwavering commitment to the
highest quality and safety standards.
- One of the largest privately-owned retail frozen seafood brands
in North America, boasting a global operational footprint.
- A third-generation, Massachusetts-based seafood supplier,
renowned for delivering the highest quality products for over a
century, with a steadfast commitment to sustainability in every
aspect of their operations.
- A leading scallop company based in Massachusetts, offering an
extensive range of both fresh and frozen scallops sourced from
domestic and international waters.
“Seafood suppliers are required to provide food traceability
information to their customers under the FDA’s FSMA 204 law.
Compliance is possible through ReposiTrak,” said ReposiTrak
Chairman and CEO Randy Fields. “These four new suppliers are
already in the process of making the connections with their
customers and reaching compliance before the FDA’s January 2026
deadline.”
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 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 repositrak.com.
View source
version on businesswire.com: https://www.businesswire.com/news/home/20240130904032/en/
Investor Relations Contact: John Merrill, CFO
Investor-relations@parkcitygroup.com
Or
FNK IR Rob Fink 646.809.4048 rob@fnkir.com
ReposiTrak (NYSE:TRAK)
Historical Stock Chart
From Apr 2024 to May 2024
ReposiTrak (NYSE:TRAK)
Historical Stock Chart
From May 2023 to May 2024