Market Overview

AgJunction Expands Automatic Steering Market to One Million More Farmers with Revolutionary New Wheelman

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Hiawatha, Aug. 13, 2018 (GLOBE NEWSWIRE) -- AgJunction (TSX:AJX), the Autosteering Company™, today introduced Wheelman™, a new way for farmers to automatically and accurately steer farm equipment at a price that pays back in just one season for farmers working as few as 250 acres.

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AgJunction's Wheelman™ delivers a complete, do-it-yourself autosteering system for under $3500 with a simple design that any farmer can order online and install in less than an hour on most equipment.



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 "We believe that all farmers should prosper, and with autosteering, farmers can reduce input costs and increase yields," said Dave Vaughn, AgJunction chief executive officer. "With Wheelman, we will bring the technology used by the largest farm operations to one million smaller farms worldwide."

With precision agriculture, commodity crops can be farmed profitably. Precision agriculture starts with automatically and accurately steering farm equipment to prevent overlap, reduce input, labor, and equipment costs, and increase yields. The USDA estimates that autosteering alone saves farmers $15 per acre each year, but because of cost and complexity, this technology has been out of reach for most farms less than 1000 acres, until now. 

Wheelman™ delivers a complete, do-it-yourself autosteering system for under $3500 with a simple design that any farmer can order online and install in less than an hour on most equipment.  Wheelman™ is powered by AgJunction's proprietary Whirl™ software that makes it easy to automatically and accurately steer your tractor and inform farmers about their farming efficiency. 

Visit HandsFreeFarm.com now to learn more about Wheelman™ and register for the Early Release program to be the first to start farming hands-free.

 

About AgJunction

AgJunction Inc. is a global leader of advanced guidance and autosteering solutions for precision agriculture applications. Its technologies are critical components in over 30 of the world's leading precision Ag manufacturers and solution providers and it holds over 130 fundamental steering and machine control patents. AgJunction markets its solutions under leading brand names including Novariant, Outback Guidance®, Satloc®, and Wheelman™, and is committed to advance its vision by bringing affordable hands-free farming to every farm, regardless of terrain or size. AgJunction is headquartered in Hiawatha, Kansas, with facilities in Silicon Valley, Arizona, Canada, and Australia, and is listed on the Toronto Stock Exchange (TSX) under the symbol "AJX." For more information, please go to www.agjunction.com.

 

Reader Advisory and Note Regarding Forward Looking Information

This press release contains forward-looking information and forward-looking statements (collectively, "forward-looking information") within the meaning of applicable securities laws and is based on the expectations, estimates and projections of management of AgJunction as of the date of this news release, unless otherwise stated. The use of any of the words "expect," "anticipate," "may," "will," "should," "believe," "intends" and similar expressions are intended to identify forward-looking information. In respect of the forward-looking information, AgJunction has provided such information in reliance on certain assumptions that it believes are reasonable at this time. Readers should not place undue reliance on such forward-looking information contained in this press release since forward-looking information addresses future events and conditions, such information by its very nature involves inherent risks and uncertainties. Actual results could differ materially from those currently anticipated due to a number of factors and risks. This press release is for informational purposes only and does not constitute an offer to sell or a solicitation to buy any security which may be referenced herein.

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Lisa Shields
AgJunction
480-399-0989
Lshields@agjunction.com

Cody Slach
Liolios Investor Relations
785-742-2976
AJX@liolios.com

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