June 16, 2009
Produce industry veteran Bruce Peterson joins YottaMark Advisory Board
Former Wal-Mart Executive to drive policy and retail
strategy for the HarvestMark® fresh food traceability
business
Redwood City, Calif. - June 16, 2009-
YottaMark, Inc., the leader in traceability and authentication
solutions, announced today that produce industry veteran Bruce
Peterson has joined its board of advisors. Peterson will advise
YottaMark on policy issues and strategy as the Company continues to
deliver innovative food safety and traceability solutions for the
produce and perishables market. Peterson was previously the senior
vice president of perishables for Wal-Mart Stores, Inc., and most
recently served as the CEO of Naturipe Farms.
YottaMark solutions deliver product traceability, authentication
and valuable business intelligence, when and where it is needed.
HarvestMark®, the fresh food traceability solution from YottaMark,
is the leading produce traceability solution. To date, over 300
million produce packages - including table grapes, berries,
tomatoes, peppers, watermelons and more - are enabled with
HarvestMark codes to enhance food safety programs and deliver
on-demand product information throughout the supply chain, all the
way to the consumer. Some of today's most successful produce
companies use HarvestMark as their solution of choice for both
case- and item-level traceability to comply with industry
requirements, speed response to potential food safety events, and
connect directly with buyers and consumers.
"Traceability is an essential tool for food safety across the
perishables supply chain, and a burning issue that the industry is
addressing head-on with coordinated efforts," said Peterson. "I am
encouraged to see the level of progress and impact the HarvestMark
solution has made in the fresh food industry. The HarvestMark
solution is providing grower/shippers an efficient and
cost-effective way to increase food safety and comply with the
Produce Traceability Initiative. And, the solution allows retailers
and shippers to create new connections with the consumer. I look
forward to working with the talented team at YottaMark during this
phase of growth."
Serving nearly 40 years in the produce industry, Peterson spent 15
years at Wal-Mart where he successfully launched and built the
perishable foods division. Peterson was at the forefront of the
Wal- Mart Supercenter expansion which grew from 6 to 1500 stores in
15 years. He retired from Wal-Mart in 2007 to take the helm of
president and CEO of Naturipe Farms, a leading grower and marketer
of premium berries. He completed his tenure as CEO of Naturipe
Farms in 2009 and is currently the president of Peterson Insights,
a strategic consulting firm for the produce industry, which has
played a key role in the development and rollout of the Produce
Traceability Initiative.
"The YottaMark Advisory Board provides valuable insights to help
us build solutions that meet the needs of our customers," said J.
Scott Carr, president and CEO, YottaMark. "Our advisors include
former executives from Safeway, eBay, Taco Bell, and KFC; a leading
Stanford University professor in supply chain management; and a
world-renowned cryptographer. Having an industry professional of
Bruce's
caliber join this team is an honor, and speaks to our current
growth and future opportunities to bring great value to the
perishables industry. His expertise and guidance will undeniably
help shape the success of the company, and continue to advance
HarvestMark as the premier traceability solution for the fresh
foods industry. We look forward to working with Bruce in the months
ahead."
About YottaMark, Inc.
YottaMark, Inc. specializes in product traceability and
authentication solutions that deliver valuable business
intelligence when and where it's needed. Leading companies in the
fresh foods, electronics and consumer goods industries rely on
YottaMark's robust traceability platform to conduct precise trace
back, enhance communication, and increase security in their supply
chain.
HarvestMark®, the fresh food traceability solution
from YottaMark, is the industry's fastest growing traceability
application. To date, nearly 300 million produce items are enabled
with HarvestMark Codes to speed response to suspected recall events
and deliver on-demand product information throughout the supply
chain, all the way to the consumer.
Designed for field- and line-packed produce, HarvestMark is a
complete traceability solution and is fully compatible with GS1
standards and the Produce Traceability Initiative (PTI). It
accommodates a wide range of workflows with an open platform for
seamless integration with existing systems. HarvestMark supports a
variety of packaging formats making it quick to deploy with no
interruption to business operations.
YottaMark is a privately held company headquartered in Redwood
City, Calif. More information can be found at www.YottaMark.com and www.HarvestMark.com.
Press contact:
Miz Nakajima
mnakajima@YottaMark.com
503-997-6045