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SALT LAKE CITY, May 17, 2017 -- Park City Group’s ReposiTrak, Inc., the leading provider of Compliance Management and Track & Trace solutions for food, pharma and dietary supplement safety, announces today that Wisconsin-based Masters Gallery Foods, Inc. is expanding the use of ReposiTrak’s Compliance Management System to manage records from their upstream suppliers. Founded in 1974 as a family-owned and operated business, Masters Gallery Foods has grown from a small cheese brokerage firm to one of the leading national cheese suppliers. Recognized as maintaining one of the largest privately held cheese inventories in the country, they offer a full line of retail and foodservice cheese products. Masters Gallery Foods currently uses ReposiTrak to share required food safety and business records with their downstream retail and wholesale customers.
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“We were looking for an easy way to automate the collection and management of our suppliers’ business and regulatory records,” said Libby Rentmeester, Director of Product Development at Masters Gallery Foods. “After seeing how easy ReposiTrak was to use in sharing documentation with our customers, it was an obvious choice for us to leverage ReposiTrak with our own upstream suppliers.”
“Rapid adoption of ReposiTrak continues among the supplier community, as they see an opportunity to share visibility of their upstream supply chain’s compliance with their customers,” said Randall K. Fields, Chairman and CEO of Park City Group. “Expanding the use of ReposiTrak to manage their own upstream suppliers shows the ongoing commitment of companies like Masters Gallery Foods to supply chain transparency and we are pleased 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 global food, pharma and dietary supply chains. 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 regulatory requirements. 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.
About Masters Gallery Foods, Inc.
Since its founding in 1974, Masters Gallery Foods has grown to service many of the nation’s grocery chains, wholesalers, restaurants, and distributors with a full line of private brand cheese and cheese-related products. The Company also specializes in the procurement, aging, and distribution of bulk cheeses at a national level. For more information, visit the company’s website at www.mastersgalleryfoods.com.
Media Contact Ronald Margulis RAM Communications +1 908.272.3930 [email protected] Investor Contact Jeff Elliott Three Part Advisors +1 972-423-7070 [email protected]
