Basic Food Flavors Selects ReposiTrak to Address Compliance Risk

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Leading Hydrolyzed Vegetable Proteins Manufacturer and Distributor Chooses Industry Expert to Streamline Supplier Approval Program

Murary, UT, June 12, 2019 – ReposiTrak, Inc., the industry leader in compliance, food safety and risk management for the retail supply chain, announces that Basic Food Flavors, Inc. is deploying the ReposiTrak Compliance & Risk Management solution to automate compliance documentation at corporate, facility and item levels.

Founded in 1979 and headquartered in North Las Vegas, NV, Basic Food Flavors is a leader in Hydrolyzed Vegetable Proteins (HVP) and the natural food flavoring and extracts industry for industrial, institutional and retail manufacturers in the United States. The company offers HVP in liquid, paste, vacuum dried granules and spray dried powder forms.

“We’ve been using ReposiTrak as requested by our customers and find it very user friendly, so now we are asking our own suppliers to use ReposiTrak for our required documents. It just makes it so simple to have everything on one system,” said Geetika Duggal, Food Safety and Quality Assurance Manager at Basic Food Flavors. “Having a system like ReposiTrak in place, we are validating our commitment to our customers for product excellence. We expect nothing less from our own suppliers.”

The Compliance & Risk Management suite includes the food safety and compliance solutions that are a respected and trusted cornerstone of the ReposiTrak brand. With 320,000 buyer/supplier connections across the platform and endorsements of leading trade groups such as FMI, ROFDA and GMDC, ReposiTrak has established itself as the industry standard.

“Basic Foods Flavors has seen the importance of working with ReposiTrak to provide the best compliance management tools for protecting the company from risk firsthand,” said Randy Fields, Chairman and CEO of ReposiTrak. “We are especially pleased when current users of the system understand the importance of compliance management and use it to hold their own suppliers to a higher standard of excellence and optimize their extended supply chain.”

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 Basic Food Flavors, Inc.

Basic Food Flavors, established in 1979, prides itself on producing a high-quality product with personalized service at competitive pricing. Our investment into the HVP market is unsurpassed as our current capacity is more than half of the HVP market of the entire North American Continent. Our commitment does not stop with supply. We are the leader in providing Industrial, Institutional, and Retail Manufacturers with a wide range of high-quality products and competitive pricing. Our product range encompasses Vacuum Dried HVP, Spray Dried HVP, IP Certified NON-GMO HVP, and our newly developed Natural Roasted Yeast Extract. www.basicfoodflavors.com.

 

Media Contact | ReposiTrak & Park City Group
Ronald Margulis | RAM Communications | +1 908.272.3930 | ron@rampr.com

Investor Contacts
John Merrill | Park City Group | +1 435.645.2216 | investor-relations@parkcitygroup.com
Rob Fink | FNK IR | +1 646-809-4048 | rob@FNKIR.com

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