FM Global certification makes iGPS pallet the only commercially available plastic pallet to hold FM 4996 and UL 2335 certifications

Intelligent Global Pooling Systems (iGPS Company LLC), operator of the world's first RFID-tagged all-plastic pallet pool, announced today that its plastic pallet has received FM approval and certification from FM Global, a leader in global commercial and industrial property insurance and risk management solutions. The approval (American National Standard for Classification of Idle Plastic Pallets as Equivalent to Wood Pallets) was granted after the pallet underwent "big burn" fire tests as well as a number of other necessary tests conducted on the plastic pallets. The pallet's FM approval follows UL 2335 certification from Underwriters Laboratories, Inc. in 2007.

"This approval establishes unequivocally that our pallet meets the high fire retardant standards of FM Global, an important authority in the eyes of insurance professionals," said Bob Moore, chief executive officer of iGPS. "We are proud to offer the only commercially available plastic pallet holding fire retardant certification from both FM Global and Underwriters Laboratories."

iGPS' pallet, which is embedded with four redundant RFID tags, weighs 30% less than typical multi-use wood pallets, is more durable than wood and is 100% recyclable. Moreover, an independent life cycle analysis recently found that iGPS' pallet outperformed multi-use wood pallets on every environmental dimension.

In just two years, iGPS has revolutionized the way goods are being shipped throughout the U.S. supply chain. Many of America's top companies now ship on iGPS pallets, including QTG (Quaker Tropicana Gatorade), the Chicago-based division of PepsiCo, Dole Fresh Vegetables, Imperial Sugar, Pilgrim's Pride, Martori Farms and other top-tier brands.

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% 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., with offices in Dallas, New York and Bentonville, Arkansas.

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

SOURCE iGPS Company LLC