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Western Precooling Selects Zest Labs to Optimize Receiving Process Efficiency

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Leading Fresh Produce Precooling Company to Use Zest Fresh to Promote
Optimal Produce Freshness and Adherence to Processes

Zest
Labs
, an AgTech company modernizing the post-harvest fresh food
supply chain, today announced that Western
Precooling
, a leading provider of precooling services and equipment
to produce shippers for the western U.S., has selected the company's Zest
Fresh
solution to help optimize operational efficiency. With Zest
Fresh, Western Precooling will fine tune the productivity of its field
harvest receiving process at two locations and improve operational
efficiency with the goal of delivering the best service to the customer
and for the product. Zest Labs is a wholly-owned subsidiary of Ecoark
Holdings, Inc. (OTCQX:ZEST).

Western Precooling helps growers and shippers deliver fresh produce from
the field to their customers, operating over 100 sites throughout the
primary growing regions in the western U.S. The company has developed
and implemented best-practice processes for precooling and shipping of
fresh produce, and currently provides precooling services to leading
growers of strawberries, lettuce and other produce throughout
California, Arizona and other western states. With Zest Fresh, Western
Precooling aims to ensure that its receiving process is being followed
and, if issues occur, its staff can proactively take action and update
processes as needed. Zest Fresh uses IoT condition sensors, cloud-based
analytics and machine learning to collect data from operations, evaluate
it and identify areas where operations can be further enhanced.

"Zest Fresh provides us with the data we need to ensure our procedures
are being followed, providing visibility into specific operational
efficiencies, and helping us optimize our services," said Craig Miller
of Western Precooling. "Having operational visibility for both local and
remote operations provides our team with the tools and information they
need for effective decision making."

To maximize freshness and shelf-life, it is vitally important that
produce is chilled to the appropriate temperature, typically around 34
degrees Fahrenheit. When produce is harvested, it is at the field
temperature, which can vary widely based on the location of the field,
weather and time of day. Once produce is harvested and moved to a
cooling facility, a variety of techniques are applied to "pre-cool" the
produce and quickly reduce the temperature to the desired goal to reduce
the respiration rate and aging of the produce, leading to longer
shelf-life for retail distribution and the consumer. Using the Zest
Fresh solution helps growers and commercial coolers to proactively
respond to impacting variables, such as delays in getting the product
from the field to the pack house, prioritizing for pre-cooler
availability and pre-cooler optimization based on product conditions.

"Zest Labs is excited to be working with Western Precooling to provide
them with data and strategies to create the most efficient operational
processes," said Peter Mehring, CEO of Zest Labs. "Zest Fresh collects
and analyzes data during their receiving process to provide insights for
strategic decision making for process adherence and improvements.

About Zest Labs
Zest
Labs
, a subsidiary of Ecoark Holdings, Inc., to be renamed Zest
Technologies™ (OTCQX:ZEST) is an AgTech company modernizing the
post-harvest fresh food supply chain to improve food safety and reduce
food waste. Our flagship solution, Zest Fresh, provides autonomous,
field-to-shelf visibility for proactive decision making to improve
delivered freshness and reduce shrink by 50% or more. Integrated
blockchain technology provides true transparency for food safety,
product freshness and traceability. Zest Fresh improves product margins
and increases customer satisfaction and brand loyalty while promoting
sustainability.

To learn more about Zest Labs, please click here
and follow us on LinkedIn,
Twitter
and Facebook.
To watch a video about Zest Fresh, please click here.

Forward Looking Statements
This release contains
forward-looking statements, including, without limitation, statements
concerning the business and possible or assumed future results of
operations of Zest Labs; and statements concerning the ability of Zest
Labs' technology to improve delivered quality consistency, significantly
reduce perishable food waste, drive sustainability, and increase
efficiency in the industry. Our actual results could differ materially
from those anticipated in the forward-looking statements for many
reasons including: access to growth capital on favorable terms; adverse
economic changes affecting markets we serve; competition in our markets
and industry segments; our timing and the profitability of entering new
markets; greater than expected costs, customer acceptance of our
products or difficulties related to our integration of the businesses we
may acquire; and other risks and uncertainties as may be detailed from
time to time in our public announcements and SEC filings. Although we
believe the expectations reflected in the forward-looking statements are
reasonable, they relate only to events as of the date on which the
statements are made, and our future results, levels of activity,
performance or achievements may not meet these expectations. We do not
intend to update any of the forward-looking statements after the date of
this document to conform these statements to actual results or to
changes in our expectations, except as required by law.

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