SOURCE: iTradeNetwork, Inc.

July 15, 2008 08:00 ET

Save Mart Supermarkets Selects iTradeNetwork's Collaborative Solutions for Fresh Food

PLEASANTON, CA--(Marketwire - July 15, 2008) - iTradeNetwork, Inc. (ITN), the leading provider of global supply chain solutions for the food industry, announced today that they have signed a multi-year agreement with Save Mart Supermarkets, Inc. to provide ITN's Collaborative Solutions for Fresh Food. Through this innovative program, Save Mart will collaborate online with hundreds of its supply chain partners in the areas of Procurement and Transportation Management.

Robert M. (Bob) Piccinini, Chairman and CEO of Save Mart said: "As a privately held business, we pride ourselves in offering our customers the best in quality products and outstanding customer service. From the beginning we have believed that one of our key differentiators has been Save Mart's commitment to adopting leading edge technology innovation, especially where it adds value to our customer and their shopping experience. We found that iTrade's successful track record delivered the confidence we believe will help Save Mart meet our customer promise, while also making it easier for our supply chain partners to do business with us."

Robert Bonavito, Chief Executive Officer of iTradeNetwork said: "We are proud to be entering this business relationship with Save Mart. ITN continues to experience strong interest in our software-as-a-service (SAAS) solutions for the global food industry. Our customers receive significant and rapid Operating Margin improvement opportunity as ITN's solutions both complement and extend their current legacy systems through a single integration that connects them to all of their important supply chain partners."

About Save Mart Supermarkets:

Save Mart Supermarkets operates nearly 250 stores throughout Northern California and Northern Nevada under the Save Mart, S-Mart Foods, Lucky, and FoodMaxx banners. The privately held company was founded January 17, 1952 and has always been headquartered in Modesto, California. More information about the company and its banners is available at www.savemart.com, www.luckysupermarkets.com and www.foodmaxx.com. Its consumer relations group can be called toll-free at 800-692-5710.

About iTradeNetwork, Inc: iTradeNetwork is a privately held technology leader in global supply chain solutions for the food industry. The ITN suite of products include: Order Management System (OMS), Transportation Management System (TMS), Spend Intelligence, Contract and Rebate Management (CaRMA), Promotional Planning and Management, Demand Forecast, VMI, Financial Services and Content, as well as low cost integration to customers legacy systems. Most leading North American Retailers and Foodservice companies are utilizing iTradeNetwork's e-business solutions with over 5,100 trading partners/customers. For more information, visit the iTradeNetwork, Inc. website at http://www.itradenetwork.com.

Contact Information

  • Contacts:
    Ann Walker
    iTradeNetwork, Inc.
    925-660-1067
    Email Contact

    Alicia Rockwell
    Save Mart Supermarkets
    209-548-6511
    800-692-5710
    Email Contact