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SALT LAKE CITY, May 03, 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 that Lund Food Holdings, Inc., the parent company of Lunds & Byerlys, has chosen ReposiTrak® to manage regulatory and business documentation compliance within its supply chain. Lunds & Byerlys is a Minnesota-based, family-owned grocer with traditions and values that can be traced back three generations. The company operates 26 stores primarily in the Twin Cities area and has built a reputation of providing superior customer service and high-quality products based on the standards set by founder Russell T. Lund.
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“ReposiTrak’s automated system will enable us to better manage our growing list of documents we require from our approved suppliers that provide proof of their good business and safety practices,” said Chris Gindorff, Senior Quality Assurance Manager at Lunds & Byerlys. “Our top priority is to provide the safest and highest quality products for our customers.”
“Lunds & Byerlys is the latest retailer to recognize the advantages of using ReposiTrak’s automation to reduce brand, regulatory and financial risk in their supply chain,” said Randall K. Fields, Chairman and CEO of Park City Group and ReposiTrak. “Their commitment to increasing transparency and reducing food safety risk make us proud to add them to our growing list of retail customers.”
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.
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]
