April 24, 2018 1:31 AM ET

Software

Company Overview of Zest Labs, Inc.

Company Overview

Zest Labs, Inc. provides food management solutions for produce, meat, seafood, and dairy markets. It offers pallet-level time and temperature tracking, pre-cool prioritization and monitoring, intelligent pallet routing, real-time in-transit monitoring, remote visibility, and freshness quality management solutions. Zest Labs, Inc. was formerly known as Intelleflex Corporation and changed its name to Zest Labs, Inc. in October 2016. The company was founded in 2003 and is based in San Jose, California. Zest Labs, Inc. operates as a subsidiary of Ecoark Holdings, Inc.

2349 Bering Drive

San Jose, CA 95131

United States

Founded in 2003

Phone:

408-200-6500

Fax:

408-200-6599

Key Executives for Zest Labs, Inc.

CEO, President & Director
Age: 55
Co-Founder
Co-Founder
Senior Vice President of Operations
Chief Technology Officer
Compensation as of Fiscal Year 2017.

Zest Labs, Inc. Key Developments

Zest Labs, Inc. Presents at MIT Connected Things 2018 Conference, Apr-05-2018 12:00 PM

Zest Labs, Inc. Presents at MIT Connected Things 2018 Conference, Apr-05-2018 12:00 PM. Venue: MIT Media Lab (6th Floor), 75 Amherst Street, Building E14, Cambridge, Massachusetts, United States. Speakers: Peter Mehring, CEO, President & Director.

Zest Labs Announces the Launch of Professional Services Offering; Signs $1.5 Million Professional Services Agreement with Retailer

Zest Labs announced the launch of its professional services offering. The company also announced that it has signed a $1.5 million professional services agreement with a retailer. Zest Labs' professional service offering addresses three core areas that are critical to improving the fresh food supply chain and reducing waste: Systems Integration and Customization of Quality Control Systems, Warehouse Management Systems (WMS) and Third-party Logistics (3PLs); Evaluation of Current Waste Sources to identify and quantify shrink sources and issues that impact freshness and shelf-life; Operational Efficiency Assessments that establish process adherence and equipment/asset utilization metrics and provide improvement strategies. The professional services project is expected to be completed in 2018.

Ecoark Holdings Is Exploring Strategic Options

Ecoark Holdings, Inc. (OTCPK:EARK) announced that the Board of Directors has given its leadership the authority to explore strategic options related to Zest Labs, Inc., including but not limited to a potential spin-off of the company. Ecoark leadership will evaluate all options for Zest Labs in an effort to unlock long-term shareholder value and maximize Zest Labs' opportunity to lead the agriculture and supply chain industries with cloud-based software solutions, helping farmers, distributors and grocers substantially reduce the 30 percent food waste problem currently burdening the post-harvest fresh food industry. "Our executive team unanimously feels there is great potential for Zest Labs to generate more shareholder value as a standalone company than as a wholly owned subsidiary within our holding company," said Jay Puchir, Chief Executive Officer of Ecoark. "We are closely evaluating all options, and this board authorization is a key step to establishing Zest Labs as a viable standalone player in this rapidly emerging market."

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