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Share Name | Share Symbol | Market | Type |
---|---|---|---|
ReposiTrak Inc | NYSE:TRAK | NYSE | Common Stock |
Price Change | % Change | Share Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
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0.15 | 0.71% | 21.35 | 21.61 | 21.21 | 21.32 | 13,733 | 18:42:24 |
Ahead of regulatory deadlines, 40 specialty food companies are queued to join ReposiTrak for its innovative, hardware-free traceability solutions
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 add 40 new specialty food suppliers to the queue of companies joining 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, with the goal of meeting traceability requirements before the January 2026 deadline.
One of the 40 suppliers has delivered farm-inspired meals since its founding in 1948 and is now a leading producer and distributor in the refrigerated and frozen breakfast categories. Another, a California-based supplier established in 2010, has been at the forefront of plant-based lifestyles, producing innovative beverages with a commitment to sustainability. A third has been innovating in gluten-free alternatives since 2016, creating comfort foods like cauliflower-based pizzas and tortillas.
“While others are talking about traceability, ReposiTrak is doing it,” said Randy Fields, chairman and CEO of ReposiTrak. “Suppliers are queuing to join the ReposiTrak Traceability Network because our hardware-free and software-free solution can take data in any format and deliver it to retailers according to that retailer’s unique requirements.”
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
View source version on businesswire.com: https://www.businesswire.com/news/home/20250128618816/en/
Investor Relations Contact: John Merrill, CFO Investor-relations@repositrak.com
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FNK IR Rob Fink 646.809.4048 rob@fnkir.com
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