Contact Information: Company Contacts: John Saunders Chief Executive Officer 303-895-3002 Jay Pfeiffer Pfeiffer High Investor Relations, Inc. 303-393-7044
IMI Global Launches SQFVerified(TM) Solution to Help Food Producers Comply With Global Food Safety Initiative (GFSI) Standards
CASTLE ROCK, CO--(Marketwire - December 16, 2008) - Integrated Management Information, Inc.
(IMI Global) (OTCBB : INMG ), a leading provider of verification and Internet
solutions in the agricultural/livestock industry, today announced it has
launched SQFVerified™, a new service that helps food suppliers comply
with Global Food Safety Initiative (GFSI) standards.
SQFVerified is a unique, web-based document and record control solution
that helps food suppliers remain in compliance with best practice standards
for food safety and quality management as prescribed by the Safe Quality
Foods (SQF) Institute (www.sqfi.com), which is one of five certification
agencies benchmarked and authorized by GFSI. SQF's program is a leading,
global certification system that provides independent confirmation that a
supplier's food safety and quality management system complies with
international and domestic food safety regulations.
IMI Global's SQFVerified solution, which is an online resource accessible
at www.sqfverified.com, helps suppliers create food quality manuals,
implement staff e-learning programs, and build and manage online document
storage systems that meet SQF guidelines for record keeping and
auditability. In addition, SQFVerified offers suppliers and retailers
SQF-certified consulting services.
John Saunders, CEO of IMI Global, said SQFVerified is a natural extension
of the Company's solutions portfolio that leverages IMI Global's strong
track record and expertise in livestock verification and tracking using
proprietary online systems.
"Due to the increasing number of illnesses related to tainted food in
recent months and years, food safety has become a major concern of
consumers worldwide," said Saunders. "Major retailers such as Wal-Mart and
others are moving quickly toward adoption of GFSI standards for the
products they carry, which in turn will require tens of thousands of
factories worldwide to be certified under the auspices of one of these
certifying organizations. We have dozens of existing customers who will
need to adopt similar standards in 2009 in order to maintain their
customers. Our SQFVerified is a leading edge solution and a critical
resource for suppliers looking for a way to comply."
About IMI Global
Founded in 1995, IMI Global is a leading provider of verification and
Internet solutions for the agriculture industry. Go to www.IMIGlobal.com
for additional information. IMI has worked with some of the largest
agricultural organizations in the United States, providing web-based
applications for verification and identification as well as a range of
consulting services tailored to meet each customer's needs. Additional IMI
web sites include www.usabornandraised.com, www.USVerified.com,
www.PetSupplyVerified.com, and www.AgTraderIndex.com.
CAUTIONARY STATEMENT
This news release contains "forward-looking statements" within the meaning
of the U.S. Private Securities Litigation Reform Act of 1995, based on
current expectations, estimates and projections that are subject to risk.
Forward-looking statements are inherently uncertain, and actual events
could differ materially from the Company's predictions. Important factors
that could cause actual events to vary from predictions include those
discussed in our SEC filings. Specifically, statements in this news
release about growth, profitability, new business development, potential,
leadership, the impact and efficacy of the Company's products and services
on the marketplace, are forward-looking statements that are subject to a
variety of factors, including availability of capital, personnel and other
resources; competition, governmental regulation of the beef industry, the
market for beef and other factors. In addition, financial results for the
three and nine-month periods are not necessarily indicative of future
results. Readers should not place undue reliance on these forward-looking
statements. The Company assumes no obligation to update its
forward-looking statements to reflect new information or developments. For
a more extensive discussion of the Company's business, please refer to the
Company's SEC filings at www.sec.gov.