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Hemisphere GPS Inc
Symbol HEM
Shares Issued 66,280,777
Close 2012-05-17 C$ 0.75
Market Cap C$ 49,710,583
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Hemisphere GPS's AgJunction manages data on 20 m acres

2012-05-18 06:35 ET - News Release

Mr. Dave Nerpel reports

HEMISPHERE GPS PROVIDING AGJUNCTION DATA MANAGEMENT SERVICES ON 20 MILLION ACRES

Hemisphere GPS Inc.'s AgJunction, the company's precision agriculture data management services platform, reached a major milestone by collectively managing data on 20 million unique farm acres in the United States and Canada.

AgJunction serves an emerging growth segment in precision agriculture where ever-increasing global food demand and higher input costs drive the demand for data management services. Over 29,000 growers in the U.S. and Western Canada are benefiting from AgJunction's wireless two-way transfer of data between their farm equipment, their farm office and agriculture service providers. Major agriculture retailers such as the Wilbur-Ellis Company and Crop Production Services Inc. (CPS) use AgJunction to better serve their customers' farming operations by providing data management, site-specific recommendations, tracking work orders, crop inputs and expenses. Delays in viewing and analyzing field information are eliminated. The process of transferring data from field equipment to cloud servers for spatial sorting, field linking, analyzing and creating plans is fast and easy. This works for all major brands of agricultural equipment.

Dave Nerpel, newly hired as solutions manager at Hemisphere GPS, commented, "The rapid adoption of data management services along with Hemisphere GPS'[s] popular Outback Guidance and Satloc products provides opportunities to expand our line of precision agriculture solutions and grow our customer base."

Most recently from Solum, Mr. Nerpel joined Hemisphere GPS and AgJunction following nine years at Wilbur-Ellis, where he was responsible for co-ordinating precision agriculture technology and taking the AgVerdict (AgJunction plus Agrian) cloud-based data management system from concept to enterprise-wide use. Mr. Nerpel was recognized by his peers with the PrecisionAg Institute crop adviser/entrepreneur of the year award in 2011.

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