Market Overview

Walmart Executive Joins Warehouse Drone Pioneer, PINC

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Chris Sultemeier joins the board of directors of PINC, the leading
provider of real-time digital inventory solutions.

PINC, the number-one provider of yard management systems, finished
vehicle logistics solutions, and aerial inventory robots™ (drones) to
the world's leading brands, today announced that Chris Sultemeier, the
former Executive Vice President of Logistics for Walmart Stores, Inc.,
has been appointed to PINC's board of directors.

Chris Sultemeier has nearly thirty years of experience in leadership and
supply chain operations with Walmart Inc. Sultemeier oversaw all
distribution centers and fulfillment centers and was responsible for all
domestic and global ocean transportation functions for the retailer.
During his career, Chris established solid relationships with global
leaders of transportation, third-party warehouse
distribution-fulfillment and retail companies.

"I've had the pleasure of knowing the PINC team for almost four years
now," said Sultemeier. "With the company's experience and core
intellectual property in asset and inventory identification, I've seen
firsthand how large organizations can benefit from PINC's solutions,
especially the aerial inventory robots. I'm flattered to be part of such
an amazingly innovative team."

"With his experience managing one of the world's largest supply chains,
Chris brings a unique perspective to PINC," said Matt Yearling, PINC's
CEO. "His involvement reaffirms our continued industry leadership in the
digitalization of inventory."

About PINC

PINC provides scalable software, hardware, and services that enable
companies to identify, locate, and orchestrate inventory throughout the
supply chain predictably and cost-effectively. The company's cloud-based
real-time tracking platform, powered by aerial inventory robots™
(drones) and an Internet of Things (IoT) sensor network that includes
passive RFID, GPS, optical, cellular, and other sensors, provides
actionable insights and connected expert guidance that allow companies
to optimize their supply chain execution. Learn more about PINC at www.pinc.com.

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