Produce Safety & Security International, Inc. Submits Proposal to U.S. Sea Ports for Food Tracking and Audit System
Produce Safety & Security International, Inc. Submits Proposal to U.S. Sea Ports for Food Tracking and Audit System
Dec. 12, 2007 01:31 PM
IRVING, TX -- (MARKET WIRE) -- 12/12/07 -- Produce Safety & Security International, Inc.
(PINKSHEETS: PDSS) is pleased to announce that the Company has completed
its research and development phase of the Produce Safety & Security
Tracking and Audit System. The system will track and prepare all shippers
for inspection and testing of their products. The Company has submitted a
proposal to gulf coast sea ports for the new system to track and monitor
receiving, inspection and shipment processes for all foods going in and out
of ports.
The Tracking and Audit system will use a series of bills of lading, which
are assigned special bar codes to track information on specific shipments
within each port. Each bill of lading will carry information such as time
of arrival, grading of last inspection, grower's name and information, and
where the shipment is held in the warehouse. Produce Safety & Security
will then create an electronic communications process by which bills of
lading are transmitted to Produce Safety when either a shipment is sent or
received to a port or warehouse. The receipt of this electronic bill of
lading (eBoL) will serve as the initiation point for Produce Safety &
Security's processing.
"One contributing factor to food deterioration & food borne illnesses is
the time it takes to get all the necessary paperwork and inspections in
order to pass through the port authority screenings. We feel our system
will greatly reduce the likelihood of food borne illness and spoilage and
increase productivity for shipping and receiving products throughout the
United States," stated Clarence W. Karney, CEO of Produce Safety & Security
International, Inc.
About Produce Safety & Security International, Inc.:
Produce Safety has developed and patented products for extending the shelf
life of perishables. The EPA-registered products sanitize and disinfect
against food-borne illness pathogens and disease-causing bacteria. This
process will provide retail produce departments with reduced shrinkage,
increase the bottom line and provide a fresher product for the consumer.
The Company provides a range of options for retail stores, restaurants,
cruise ship lines, disaster cleanups and municipal programs. Furthermore,
the process incorporates a complete audit trail, an essential component for
complying with government regulations in the USA, Canada, and Mexico.
Safe Harbor: Statements regarding financial matters in this press release
other than historical facts are "forward-looking statements" within the
meaning of section 27A of the Securities Act of 1933, Section 21E of the
Securities Exchange Act of 1934, and as that term is defined in the Private
Securities Litigation Reform Act of 1995. The Company intends that such
statements about the Company's future expectations, including future
revenues and earnings, technology efficacy and all other forward-looking
statements be subject to the safe harbors created thereby. The Company is a
development stage company who continues to be dependent upon outside
capital to sustain its existence. Since these statements (future
operational results and sales) involve risks and uncertainties and are
subject to change at any time, the Company's actual results may differ
materially from expected results.
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