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Alltech Adopts ReposiTrak Food Safety Compliance Management Solution

November 14, 2018

SALT LAKE CITY--(BUSINESS WIRE)--Nov 14, 2018--ReposiTrak, Inc., the industry leader in compliance, food safety and risk management for the retail supply chain, announces Alltech, a global leader in animal and crop nutrition, is deploying the ReposiTrak Compliance & Risk Management Solution. The move will completely automate compliance documentation at corporate, facility and item levels. Alltech chose ReposiTrak because it will improve accuracy, eliminate paperwork and allow real-time access to all their suppliers’ compliance records.

Since 1980, Alltech has been committed to discovering and delivering solutions for the sustainable nutrition of plants, animals and people. The family-owned company is headquartered in Nicholasville, KY with more than 6,000 employees serving customers in over 120 countries, through more than 100 production facilities throughout the world. Alltech is a leading producer and processor of yeast additives, organic trace minerals, feed ingredients, premix and feed.

“Alltech has a long-held commitment to what we call the ACE principle, which requires everything that we do to benefit animals, consumers and the environment,” said Anthony Gann, Global Supply Chain Manager of Alltech. “We take our responsibilities within the food chain very seriously, and the technology and follow-up process that ReposiTrak provides allows us to ensure we are able to track and maintain our responsible business practices with suppliers, collaborators and customers. This cost-effective technology will replace our in-house process and allow us to automate the collection of important documents and ensure our staff is able to focus on mitigating risk rather than paperwork.”

The Compliance & Risk Management suite includes the food safety and compliance solutions that have become a respected and trusted cornerstone of the ReposiTrak brand. With more than 250,000 supply chain connection points and endorsements of leading trade groups such as FMI, ROFDA and GMDC, ReposiTrak has established itself as the industry standard.

“Alltech is well respected in the production and processing sectors around the world,” said Randy Fields, Chairman and CEO of ReposiTrak. “ReposiTrak’s customer success team will support Alltech by ensuring their suppliers provide the necessary documents that will safeguard Alltech from risk.”

The ReposiTrak Speed Retail Platform drives growth and supports all supply and demand chain activities for retailers, manufacturers, and their trading partners, consisting of three product families; Compliance & Risk Management, Supply Chain Solutions, and MarketPlace Sourcing and B2B Commerce. Delivered via one technology platform, all the applications are mutually reinforcing and work synergistically to create value and positive impact across the entire enterprise.

About Park City Group and ReposiTrak® Park City Group (NASDAQ: PCYG) is a Software-as-a-Service (“SaaS”) provider that brings visibility to the consumer goods supply chain through its ReposiTrak, Inc. subsidiary. ReposiTrak is The Speed Retail Platform, with three product families; Compliance & Risk Management, Supply Chain Solutions, and MarketPlace Sourcing and B2B Commerce. The platform provides retailers and suppliers with a robust solution suite to help enhance operational control and increase sales, while enabling them to protect their brands, reduce risk and remain in compliance with regulatory requirements. More information is available at www.parkcitygroup.com and at www.repositrak.com.

About Alltech: Founded in 1980 by Irish entrepreneur and scientist Dr. Pearse Lyons, Alltech discovers and delivers solutions for the sustainable nutrition of plants, animals and people. With expertise in yeast fermentation, solid state fermentation and the science of nutrigenomics, Alltech is a leading producer and processor of yeast additives, organic trace minerals, feed ingredients, premix and feed.

Our guiding ACE principle seeks to develop solutions that are safe for the Animal, Consumer and the Environment. Our more than 6,000 talented team members worldwide put this purpose to work every day for our customers. Alltech is a family-owned company, which allows us to adapt quickly to emerging customer needs and to stay focused on advanced innovation. Headquartered just outside of Lexington, Kentucky, USA, Alltech has a strong presence in all regions of the world. For further information, visit www.alltech.com/news. Join us in conversation on Facebook, Twitter and LinkedIn.

View source version on businesswire.com:https://www.businesswire.com/news/home/20181114005287/en/

CONTACT: Media

Ronald Margulis

RAM Communications

908-272-3930

ron@rampr.com

or

Investors

Todd Mitchell

Park City Group

435-645-2216

Investor-relations@parkcitygroup.com

or

Rob Fink/Brett Maas

Hayden IR

646-415-8972 (Rob)/646-536-7331 (Brett)

PCYG@haydenir.com

KEYWORD: UNITED STATES NORTH AMERICA UTAH

INDUSTRY KEYWORD: CONVENIENCE STORE DISCOUNT/VARIETY TECHNOLOGY DATA MANAGEMENT NETWORKS SOFTWARE SECURITY RESTAURANT/BAR RETAIL FOOD/BEVERAGE SUPERMARKET

SOURCE: Park City Group

Copyright Business Wire 2018.

PUB: 11/14/2018 08:00 AM/DISC: 11/14/2018 08:01 AM

http://www.businesswire.com/news/home/20181114005287/en

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