ORLANDO, Fla., March 23 /PRNewswire/ — Intelligent Global Pooling Systems (iGPS Company LLC), operator of the world’s first all-plastic pallet rental service with embedded RFID (radio frequency identification) tags, announced today that it has been informed by PepsiCo’s Quaker, Gatorade and Tropicana Business Units that they have distributed the following letter to their national customer bases:

[QTG logo]

March 20, 2009

Dear Valued Customer,

Since June 2007, iGPS has been utilized to ship many of the Gatorade,

Propel and Quaker Foods SKUs on iGPS’ new plastic pooled pallet. This

change is addressing shipping platform quality concerns and reflects

our desire to be responsible stewards of the environment (this pallet

is 100% recyclable). 

Since then, iGPS has continued to work collaboratively with shippers

and receivers to revolutionize today’s supply chain utilizing the

pooled pallet method with advanced technology in an engineered

plastic pallet that has been certified under UL 2335 (file no.

R25482) and FM 4996, establishing it as fire-retardant, with

significantly lower burn index than wood pallets.  iGPS pallets are

fully edge rackable (2,800 lbs capacity) and 20 – 27 lbs.lighter

than the average wood pooled pallet.  If an iGPS pallet should become

damaged, it will be remolded into new ones, making its useful life

indefinite. 

The iGPS pallet is more uniform in size (48×40) and is significantly

more durable and hygienic than the typical multi-use wood pallet.

The composition of the plastic pallet will improve the level of

product integrity and will increase durability while reducing

susceptibility to damage.  Additionally, each iGPS pallet contains a

unique RFID / bar code tag allowing for individual asset tracking

through your own supply chain if desired, (although it is certainly

not a requirement). 

As of April 1, 2009 the Quaker and Gatorade business units will begin

integrating iGPS pallets completely across all SKUs into their

networks, with the expectation of shipping exclusively on the iGPS

platform as soon as all inventory on wood pallets turns.  The

Tropicana chilled business will convert beginning May 1, 2009.

In the meantime, we encourage you to visit the iGPS website for

additional details, (www.igps.net) Upon receipt and

completed use of the iGPS pallet, you have only to set it aside and

arrange for return to your local iGPS depot by calling

1-800-884-0225. You can also learn about their optional”Enhanced

Retail Participation Program.” If you are not already set up to

handle iGPS pallets, please contact our iGPS customer Support

Manager, Mark Gordon at (281) 253-6239 or [email protected].

Should you have any questions or require any additional information

please contact your PepsiCo CAS, or Customer Supply Chain Integration

Manager.

“PepsiCo’s Quaker, Gatorade and Tropicana Business Units are world-class enterprises and we are extremely pleased with the confidence they have demonstrated in iGPS,” said Bob Moore, CEO of iGPS. “We share their absolute commitment to quality, innovation and sustainability and look forward to serving their needs.”

About iGPS

iGPS is the world’s first company to provide manufacturers and retailers with an all-plastic pallet pool with embedded RFID-tags. iGPS’s state-of-the-art pallets are 30 percent lighter than wood, which saves on transport costs, are easier to handle and eliminate protruding nails and splinters that cause workplace injuries and damaged equipment. In addition, embedded RFID tags enable shippers and receivers to track and trace shipments in real time. Launched in March 2006, the company is led by pallet and supply chain veterans with decades of experience. iGPS (www.igps.net) is headquartered in Orlando, FL.

Pegasus Capital Advisors, a private equity fund manager with offices in New York and Cos Cob, CT, retains a majority interest in iGPS. Founded in 1995, Pegasus provides capital to middle market companies across a wide range of industries, with particular focus on businesses that make a meaningful contribution to society by positively affecting the environment, contributing to sustainability and enabling healthy living. www.pcalp.com.