Savi Networks’ Wireless Tracking Service to Help Transmed Cut ‘Total Landed Cost’ of Food Inventory Shipped from Africa to U.S.

SaviTrak™ Intelligence -- Using GPS, Cellular and Sensors – Will Enable Transmed to
Dramatically Reduce Safety Stock While Improving Freshness of Global Shipments

MOUNTAIN VIEW, Calif. and BALTIMORE, MD. – Oct. 21, 2009 -- Transmed Foods, Inc., the U.S. distribution arm of Crespo Foods, has selected Savi Networks to provide automated wireless monitoring to improve shipment visibility and security while reducing the supply chain costs of sourcing and transporting perishable food products from North Africa to distribution centers throughout the United States. The initial rollout applies to ingredients that Transmed delivers to two of the world's largest convenience pizza and sandwich restaurant franchises.

The SaviTrak™ intelligence service, which leverages GPS, cellular, electronic security bolts and sensor technologies, is being implemented in an effort to cut the time Transmed holds safety stock, reduce inventory carrying costs, improve product freshness and enable a more agile, responsive supply chain. It is expected the SaviTrak system will also reduce the administrative costs of managing trades, enhances ordering, forecasting, replenishment and customer service.

“The advanced visibility service provided by Savi Networks will help us to gain much better control of both our inventory and shipments, which means we can reduce safety stock and the capital costs that go along with it,” said Barry Dixon, Director, Transmed Foods. “We view this as a competitive advantage that will cut costs and improve customer service for all our customers.”

“We’re pleased to provide Transmed with a 21st century intelligence service that delivers visibility and control of global trade – wirelessly – virtually anywhere, anytime,” said Neil Smith, chief executive officer of Savi Networks. “With a single and shared view across the end-to-end supply chain, SaviTrak™ can dramatically improve performance and efficiency.”

It is anticipated that Transmed will utilize SaviTrak to monitor container shipments across multiple transportation modes, such as ocean vessels, truck and rail. SaviTrak also can help expedite the resolution of insurance claims by identifying chain of custody responsibilities in the event of damages or losses of a shipment.