Company Announcements

Ahead of regulatory deadlines, 50 dairy and egg suppliers join ReposiTrak for its innovative hardware-free traceability solutions.

SALT LAKE CITY--(BUSINESS WIRE)--Nov. 12, 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 50 new dairy and egg suppliers 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 50 new suppliers, three bring particularly rich histories and reputations for sustainability. One supplier is a fourth-generation, family-owned egg producer based in Arizona with 80 years of experience, now known for being one of the largest egg producers in the U.S. Another is the world’s fourth-largest dairy company, a cooperative of nearly 13,000 farmers, dedicated to sustainable practices and high-quality products. The third has pioneered ethical, pasture-raised farming practices for over 15 years, with a strong focus on sustainability and animal welfare, and is now recognized as a leading U.S. brand of pasture-raised eggs.

“ReposiTrak’s network, the largest operational traceability network with over 4,000 suppliers, makes traceability simpler and more efficient for retailers,” stated Randy Fields, chairman and CEO of ReposiTrak. “With so many suppliers already in the network, retailers benefit from seamless traceability data exchange without needing additional systems or complex setups—all without any additional hardware or software.”

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) provides retailers, suppliers, food manufacturers 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

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

Or

FNK IR
Rob Fink
646.809.4048
rob@fnkir.com

Source: ReposiTrak