All Press Releases for September 16, 2021

Precise Software Solutions, Along With Partners ENSESO and Verinetics, is a Winner in the FDA New Era of Smarter Food Supply Low- or No-Cost Tech Enabled Traceability Challenge

Team Precise's Solution Provides an Innovative Approach with Affordability and Scalability



"I couldn't be prouder of the team and our key partners in developing a winning solution that addresses the needs of the entire food traceability supply chain." - Precise CEO Zhensen Huang

    ROCKVILLE, MD, September 16, 2021 /24-7PressRelease/ -- Team Precise, comprised of Precise Software Solutions, Inc., ENSESO, and Verinetics is named by FDA as a winner in the FDA New Era of Smarter Food Supply Low- or No-Cost Tech Enabled Traceability Challenge on September 13, 2021. The challenge encouraged technology providers, public health advocates, entrepreneurs, and innovators from all disciplines and around the world, to develop food traceability hardware, software, or data analytics platforms that are low-cost or no-cost to the end user.

FDA's New Era of Smarter Food Safety initiative strives to work with stakeholders to explore low-cost or no-cost options so that the approaches are inclusive of and viable for human and animal food operations of all sizes. Democratizing the benefits of digitizing data will allow the entire food system to move more rapidly towards digital traceability systems. To help advance the widespread, consistent implementation of traceability systems across the food industry, FDA believes that innovative solutions will tap into new technologies and integrate data streams that are affordable to a spectrum of companies across the entire food supply chain. The challenge ran from June 1, 2021 – July 30, 2021. FDA received 90 submissions from 14 countries with evaluation carried out by a panel of judges from the federal government—both internal and external to FDA—with experience in the fields of technology, public health, and/or the food industry.

Led by Precise Software Solutions, an award-winning federal government contractor specializing in Data Analytics and Machine Learning with proven successes in food, drug and life science solutions, the partners included ENSESO, offering the successful traceability solution, Trakkey, that is internationally recognized for its supply chain traceability and tracking specialization in pharma, health, tobacco, and food, and Verinetics, which brings expertise in Supply Chain Quality Control with specialization in IoT technical products and services. Team Precise's winning solution provides seamless traceability and tracking across all the target segments within the food and drug supply chain. The solution focuses on interoperability and regulatory compliance while addressing last-mile delivery and logistical challenges. Furthermore, the solution provides an interoperable regulatory compliance API and innovative use of IoT devices, including sensors that collect geo-spatial and climate information which adds new dimensions to food safety. This traceability suite was designed to be Needs-Based, with tools that are sector and market agnostic, and can be used individually or collectively.

Responding to the news of the win announcement, Precise CEO Zhensen Huang said, "I couldn't be prouder of the team and our key partners in developing a winning solution that addresses the needs of the entire food traceability supply chain."

FDA will host the Low- or No-Cost Tech-Enabled Traceability Challenge Webinar on Tuesday, September 28, 2021 from 11 a.m. to 1 p.m. ET. All winning teams will present their solutions and take questions during a live Q&A session.

For more information about Team Precise's winning solution, please contact [email protected].

About Precise:
Precise Software Solutions, Inc. (Precise), an SBA 8(a) program participant, is an innovative small business with a proven record of success delivering quality services and solutions to government organizations. A CMMI Level 3 company, Precise serves as a trusted advisor to senior technology executives and helps government agencies enhance and expand their information technology capabilities. Precise helps their customers capitalize on the efficiencies offered by technological advancements and ensures the integrity of their IT systems and programs so they can perform their public mission more effectively. The company is known for delivering agile and innovative solutions and specializes in strategic consulting, system modernization and integration, digital transformation and experience, infrastructure and cloud implementation, and data management and analytics. Visit Precise at www.precise-soft.com.

About ENSESO:
ENSESO is highly specialized in traceability systems and solutions in regulated and non-regulated industries with U.S.- and EU-based offices. With corporate and government traceability systems implementations, ENSESO has over a decade of experience in regulated industries such as health, tobacco and food. Our integrated traceability suite supports product traceability in the supply chain down to the item level. Our platform includes product traceability based on IoT sensor tracking with complete in-house design and production. The foundation of all our solutions are international standards, interoperability, ease of use and cost effectiveness. Learn more at www.enseso.com.

About Verinetics:
CertiRx Corporation d.b.a Verinetics (Verinetics) brings best-in-class tools for maintaining supply chain integrity. Our high security TraxSecur™ product marking is interoperable with product serialization, and unlike alternatives, is flexible, easy to implement and is low cost. Among its focus areas, Verinetics applies its supply chain security tools in addressing key problems in the opioid epidemic. Learn more at www.verinetics.com.

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Holly Ham
Precise Software Solutions, Inc.
Rockville, MD
United States
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