In our first 5 years, InfiniTrak built out an intuitive compliance tool for dispensers to secure their drug supply chain. We did this in collaboration with both the Virginia Pharmacy Association and the well-respected National Alliance of State Pharmacy Associations. The company quickly developed a growing niche with independent pharmacies that still exists today.
We did not know it at the time, but our software was much easier to use in comparison to our competitors, according to pharmacists. When those pharmacists moved to new roles with other retail or hospital pharmacies, they were quick to praise how much less time they spent on DSCSA compliance as a result of InfiniTrak's portal. This led to a new vertical of hospital dispensers for our business, which today is our second fastest growing sector.
In the past five years, InfiniTrak has developed into the industry leader in DSCSA compliance for U.S. retail pharmacies. Our presence has grown to include some of the largest retailers in the country, blue-chip clients who share the same mission of public safety and brand integrity throughout their operations as we do. Furthermore, InfiniTrak has been endorsed and thoroughly vetted by many of the leading professional organizations, associations and co-operatives in the industry.All of this could not have been accomplished without our first-class IT team, whose foresight and innovation has placed us at the forefront of technology not only in DSCSA compliance, but many other areas. The IT team works closely with our corporate team who have been ever prescient in compliance, serialization, safety standards and areas well beyond legal requirements. The lead InfiniTrak has garnered with retail chain retailers can be crediited to the added functionality, our IT group has developed specifically designed to enhance ROI. I would also like to acknowledge the excellent management team led by our president, Mark Tate. He has utilized his career experience in the public and healthcare sectors to build collaborative relationships with many regulators, who all want the same outcome as InfiniTrak; the safest, most transparent drug supply chain possible. We also appreciate all the time and effort received from, Health & Human Services, the Drug Enforcement Agency, the Food & Drug Administration, various levels of law enforcement, along with numerous state and local government agencies. This assistance has helped us refine and enhance our software into a state of the art, user friendly compliance package. Most importantly, I would like to thank our customers, from the small independent pharmacy owner with one store, to the large retail chains and hospital organizations with hundreds, if not thousands of pharmacy locations. All of whom understand the importance of complete compliance throughout their supply chains. We will always be grateful in the confidence you have placed in InfiniTrak, as we continually lead the industry by providing the simplest and most efficient comprehensive compliance solutions available.
Chairman of the Board