Zest Labs Announces Zest Fresh for Protein

Solution Brings Freshness Management, Food Safety, Authentication and Traceability to Beef, Poultry, Pork and Seafood Industries 

 

San Jose, Calif. – March 27, 2018 – Zest Labs, an AgTech company modernizing the post-harvest fresh food supply chain, today announced Zest Fresh for Protein is available for the beef, poultry, pork and seafood industries. By applying the benefits of Zest Fresh to perishable proteins, processors, distributors, retailers and restaurants can gain true transparency across supply chains at the pallet or case level, achieving optimal shelf-life, authenticity and food safety controls. Zest Labs is a subsidiary of Ecoark Holdings, Inc. (“Ecoark”) (OTCQX: ZEST).

According to the NRDC, eight percent of seafood and four percent of beef and poultry is wasted at the retailer, costing approximately $10 billion a year in pre-consumer waste. Like produce and other perishable foods, beef, poultry, pork and seafood have dynamic shelf-lives that can be negatively impacted by temperature, time and handling. And with protein products often traveling through complex supply chains with multiple processing steps, the opportunity for mishandling or mislabeling only increases, ultimately impacting freshness, quality, authenticity and safety.

Zest Fresh is the only freshness management solution that autonomously collects operational product data for the provenance, pedigree, time, temperature and location of each pallet or container of protein from birth or processing through the entire supply chain to delivery. In addition, Zest Fresh’s integrated blockchain support automatically translates supply chain events into recorded transactions.

Using cloud-based predictive analytics, Zest Fresh also dynamically calculates the remaining shelf-life of proteins based on type and cut, temperature and handling history, and packaging. This data enables every member of the protein supply chain to accurately predict actual shelf-life and food safety considerations, including actionable responses to recalls and intelligent routing to ensure delivered freshness to the store, reducing shrink and improving margins.

“The fresh protein supply chain is just as complex, if not more, than the fresh produce supply chain. For example, seafood often faces the longest distances and most extreme circumstances between catch and retail delivery. Further, protein is often the highest value, highest margin and competitively differentiating food product for retailers and restaurants,” said Peter Mehring, CEO of Zest Labs. “By applying the Zest Fresh solution to the beef, poultry, pork and seafood industries, every member of the protein supply chain has the power to reduce waste, improve freshness and meet safety requirements, ultimately fulfilling the quality expectations of today’s consumer.”

To learn more about Zest Fresh for Protein, visit here.

About Zest Labs

Zest Labs is an AgTech company modernizing the post-harvest fresh food supply chain to improve food safety and reduce food waste by 50% or more. Our flagship solution, Zest Fresh, provides autonomous, field-to-shelf visibility for proactive decision making to improve delivered freshness and reduce shrink. Integrated blockchain technology provides true transparency for food safety, product freshness and traceability. Zest Fresh improves profitability and increases customer satisfaction and brand loyalty while promoting sustainability.To learn more about Zest Labs, please click here. To watch a video about Zest Fresh, please click here.

Forward Looking Statements

This release contains forward-looking statements, including, without limitation, statements concerning the business and possible or assumed future results of operations of Zest Labs; and statements concerning the ability of Zest Labs’ technology to improve delivered quality consistency, significantly reduce perishable food waste, drive sustainability, and increase efficiency in the industry. Our actual results could differ materially from those anticipated in the forward-looking statements for many reasons including: access to growth capital on favorable terms; adverse economic changes affecting markets we serve; competition in our markets and industry segments; our timing and the profitability of entering new markets; greater than expected costs, customer acceptance of our products or difficulties related to our integration of the businesses we may acquire; and other risks and uncertainties as may be detailed from time to time in our public announcements and SEC filings. Although we believe the expectations reflected in the forward-looking statements are reasonable, they relate only to events as of the date on which the statements are made, and our future results, levels of activity, performance or achievements may not meet these expectations. We do not intend to update any of the forward-looking statements after the date of this document to conform these statements to actual results or to changes in our expectations, except as required by law.

Contact

Investor Relations:
John Mills, Managing Partner ICR, Inc.
646-277-1254
John.Mills@icrinc.com

Public Relations/Media Contact:
Kevin Payne
Vice President of Marketing
Zest Labs
kpayne@zestlabs.com
408-200-6527