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iGPS Announces Agreement with ConAgra Foods


Producer of leading food brands begins shipping its products throughout the U.S. on iGPS' all-plastic pallets with embedded RFID tags

ORLANDO, Fla. – June 15, 2010 – Intelligent Global Pooling Systems (iGPS Company, LLC) announced today that ConAgra Foods, one of North America’s leading food makers, has begun shipping its products throughout the United States on iGPS’ all-plastic pallets with embedded RFID tags, commencing June 1.  ConAgra Foods is the maker of Banquet, Chef Boyardee, Egg Beaters, Healthy Choice, Hebrew National, Hunt's, Marie Callender's, Orville Redenbacher's, PAM, Peter Pan, and Reddi-wip, among others.  Its brands are found in 96 percent of U.S. households.

“It goes without saying that ConAgra is one of the world’s leading food producers and we are honored that the company has put its trust in us,” said Bob Moore, Chairman and Chief Executive Officer of iGPS.  “It will be a great partnership as both companies share a commitment to quality, efficiency and environmental responsibility.”

Since its launch in 2006, iGPS has revolutionized the way goods are being shipped throughout the North American supply chain.  Its 100 percent recyclable pallets are 30 percent lighter than pallets made of wood and are vastly better for the environment.  iGPS plastic pallets are not susceptible to insect infestation, require no chemical treatments and eliminate the risks posed by protruding nails and splinters. They are exceptionally durable and maintain their standardized 48" x 40" dimensions throughout their life, making them ideal for automated environments.

About iGPS

iGPS operates the world’s first pallet rental service providing shippers and receivers with all-plastic pallets with embedded RFID tags.  iGPS’ state-of-the-art pallets are 30 percent lighter than wood, which saves on transport costs and helps reduce green house gases.  Its pallets are also more hygienic, easier to handle and, because they eliminate protruding nails and splinters, reduce workplace injuries and damaged equipment.  Embedded RFID tags enable shippers and receivers to track and trace shipments.  And iGPS pallets are 100 percent recyclable.  Launched in March 2006, the company has created nearly 2,000 new green jobs in the U.S. and is led by pallet and supply chain veterans with decades of experience.  iGPS (www.igps.net) is headquartered in Orlando, FL and has offices in Dallas, TX and Bentonville, AR.

About ConAgra Foods

ConAgra Foods, Inc., (NYSE: CAG) is one of North America's leading food companies, with brands in 96 percent of America's households. Consumers find Banquet, Chef Boyardee, Egg Beaters, Healthy Choice, Hebrew National, Hunt's, Marie Callender's, Orville Redenbacher's, PAM, Peter Pan, Reddi-wip and many ConAgra Foods brands in grocery, convenience, mass merchandise and club stores. ConAgra Foods also has a strong business-to-business presence, supplying frozen potato and sweet potato products as well as other vegetable, spice and grain products to a variety of well-known restaurants, foodservice operators and commercial customers.  For more information, please visit us at www.conagrafoods.com.

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