Pala | Investor Relations | Hemisphere GPS
Subject: Hemisphere GPS Providing AgJunction® Data Management Services on 20 Million Acres
PLAIN TEXT:
FOR IMMEDIATE RELEASE
Hemisphere GPS Providing AgJunction® Data Management Services on 20 Million Acres
CALGARY, AB – May 18, 2012 -- (TSX:HEM) Hemisphere GPS today announces that AgJunction, its precision agriculture data
---> management services platform, reached a major milestone by collectively managing data on 20 million unique farm acres
---> in the U.S. and Canada.
AgJunction serves an emerging growth segment in precision agriculture where ever-increasing global food demand and hig
--->her 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 ag
--->riculture 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-spe
--->cific recommendations, tracking work orders, crop inputs, and expenses. Delays in viewing and analyzing field informat
--->ion 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 ser
--->vices along with Hemisphere GPS’ popular Outback Guidance® and Satloc® products provides opportunities to expand our l
--->ine of precision agriculture solutions and grow our customer base.” Most recently from Solum, Dave Nerpel joined Hemi
--->sphere GPS and AgJunction following nine years at Wilbur-Ellis, where he was responsible for coordinating precision ag
--->riculture technology and taking the AgVerdict® (AgJunction plus Agrian®) cloud-based data management system from conce
--->pt to enterprise-wide use. Dave was recognized by his peers with the PrecisionAg Institute® Crop Advisor/Entrepreneur
--->of the Year Award in 2011.
For more information about AgJunction visit www.agjunction.com.
Hemisphere GPS
Hemisphere GPS designs and manufactures innovative, cost-effective GPS (GNSS) products for positioning, guidance, and
--->machine control applications in agriculture, marine, construction, and other markets. The Company holds numerous paten
--->ts and other intellectual property and owns several leading brand names, including Outback Guidance®, a leading brand
--->in precision GPS for agriculture. The Company is headquartered in Calgary, Alberta, with major product development, sa
--->les, and marketing facilities in Arizona, Kansas, and Australia. Hemisphere GPS is listed on the Toronto Stock Exchang
--->e (TSX) trading under the symbol “HEM” and is one of the TSX Cleantech designated companies. For more information abou
--->t Hemisphere GPS, please go to www.hemispheregps.com.
For more information, please contact:
Cory Pala, Investor Relations
416.657.2400 | CPala@evestor.com
The above disclosure contains certain forward-looking statements that involve substantial known and unknown risks and
--->uncertainties. These forward-looking statements are subject to numerous risks and uncertainties, certain of which are
--->beyond Hemisphere GPS’ control, including: the impact of general economic conditions, industry conditions, increased c
--->ompetition, the lack of availability of qualified personnel or management, fluctuations in foreign exchange or interes
--->t rates, stock market volatility and market valuations of companies with respect to the announced transactions and the
---> final valuations thereof, and obtaining required approvals of regulatory authorities. Hemisphere GPS’ actual results,
---> performance or achievement could differ materially from those expressed in, or implied by these forward-looking state
--->ments and, accordingly, no assurances can be given that any of the events anticipated by the forward-looking statement
--->s will transpire or occur, or if any of them do so, what benefits, including the amount of proceed, that Hemisphere GP
--->S will derive there from.
..
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--->d;"> </span></font></em></font></div>
<div style="font-family: Verdana;" align="justify"><font face="Arial"><em><font size="2"><span style="font-weight: bol
--->d;">FOR IMMEDIATE RELEASE</span></font></em></font><font size="2" face="Arial"><span style="font-weight: bold;"> </spa
--->n></font></div>
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<div align="left">
<div align="justify">
<div><br>
<div><font size="2" face="Arial"> </font></div>
<div align="center"><font size="4"><strong><font face="Arial">Hemisphere GPS Providing AgJunction® Data Management
---> Services on 20 Million Acres</font></strong></font></div></div>
<div><font size="2" face="Arial"> </font></div>
<div><font size="2" face="Arial"><br>
</font></div>
<div><font size="2" face="Arial"><br>
<strong>CALGARY, AB – May 18, 2012 -- (TSX:HEM) </strong>Hemisphere GPS today announces that AgJunction, its pre
--->cision agriculture data management services platform, reached a major milestone by collectively managing data on 20 mi
--->llion unique farm acres in the U.S. and Canada.</font></div>
<div><font size="2" face="Arial"><br>
AgJunction serves an emerging growth segment in precision agriculture where ever-increasing global food demand and hig
--->her 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 Se
--->rvices, Inc. (CPS) use AgJunction to better serve their customers’ farming operations by providing data manageme
--->nt, site-specific recommendations, tracking work orders, crop inputs, and expenses. Delays in viewing and analyzing fi
--->eld information are eliminated. The process of transferring data from field equipment to cloud servers for spatial sor
--->ting, field linking, analyzing, and creating plans is fast and easy. This works for all major brands of agricultural e
--->quipment.</font></div>
<div><font size="2" face="Arial"><br>
Dave Nerpel, newly hired as Solutions Manager at Hemisphere GPS, commented, “The rapid adoption of data manageme
--->nt services along with Hemisphere GPS’ popular Outback Guidance® and Satloc® products provides opportuni
--->ties to expand our line of precision agriculture solutions and grow our customer base.” Most recently from
---> Solum, Dave Nerpel joined Hemisphere GPS and AgJunction following nine years at Wilbur-Ellis, where he was responsibl
--->e for coordinating precision agriculture technology and taking the AgVerdict® (AgJunction plus Agrian®) cloud-
--->based data management system from concept to enterprise-wide use. Dave was recognized by his peers with the PrecisionA
--->g Institute® Crop Advisor/Entrepreneur of the Year Award in 2011.</font></div>
<div><font size="2" face="Arial"><br>
For more information about AgJunction visit www.agjunction.com. </font></div><font size="2" face="Arial"> </font>
<div align="justify"><strong><font size="2" face="Arial">Hemisphere GPS <br>
</font></strong></div></div><font size="2" face="Arial">Hemisphere GPS designs and manufactures innovative, cost-effec
--->tive GPS (GNSS) products for positioning, guidance, and machine control applications in <a href="http://click.icptrack
--->.com/icp/relay.php?r=113833&msgid=338164&act=6L87&c=428653&destination=http%3A%2F%2Fwww.hemispheregps.com%2FProducts%2
--->FAgriculture%2Ftabid%2F574%2FDefault.aspx">agriculture</a>,
<a href="http://click.icptrack.com/icp/relay.php?r=113833&msgid=338164&act=6L87&c=428653&destination=http%3A%2F%2Fwww.
--->hemispheregps.com%2FProducts%2FPrecisionMarineSurveyOEM%2Ftabid%2F542%2FDefault.aspx">marine</a>,
<a href="http://click.icptrack.com/icp/relay.php?r=113833&msgid=338164&act=6L87&c=428653&destination=http%3A%2F%2Fwww.
--->hemispheregps.com%2FProducts%2FEarthworks%2Ftabid%2F548%2FDefault.aspx">construction</a>,
and other markets. The Company holds numerous patents and other intellectual property and owns several leading brand n
--->ames, including <a href="http://click.icptrack.com/icp/relay.php?r=113833&msgid=338164&act=6L87&c=428653&destination=h
--->ttp%3A%2F%2Fwww.outbackguidance.com%2F">Outback Guidance®</a>, a
leading brand in precision GPS for agriculture. The Company is headquartered in Calgary, Alberta, with major product d
--->evelopment, sales, and marketing
facilities in Arizona, Kansas, and Australia. Hemisphere GPS is listed on the Toronto Stock Exchange (TSX) trading und
--->er the symbol “<a href="http://click.icptrack.com/icp/relay.php?r=113833&msgid=338164&act=6L87&c=428653&destinat
--->ion=http%3A%2F%2Fwww.hemispheregps.com%2FInvestorCenter%2FPublicListingInformation%2Ftabid%2F589%2FDefault.aspx">HEM</
--->a>”
and is one of the TSX Cleantech designated companies. For more information about Hemisphere GPS, please go to <a href=
--->"http://click.icptrack.com/icp/relay.php?r=113833&msgid=338164&act=6L87&c=428653&destination=http%3A%2F%2Fwww.hemisphe
--->regps.com%2F">www.hemispheregps.com</a></font>.
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</font></div>
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<div align="center"><font size="2" face="Arial"> </font><font size="2" face="Arial"><font size="2" face="Arial"><span
--->style="font-family: Verdana;"># # #</span></font></font><br>
</div></div>
<div align="justify"><font size="2" face="Arial"><strong><br>
<br>
</strong></font></div></div></div>
<div><font size="2" face="Arial"><font size="2" face="Arial"><span style="font-family: Verdana; font-weight: bold;">In
--->vestor Relations contact: </span></font><font size="2" face="Arial"><span style="font-family: Verdana; font-weight: bo
--->ld;"> </span></font><br>
<div align="left"><font size="2" face="Arial"><span style="font-family: Verdana;"><font color="#000000"><a href="http:
--->//click.icptrack.com/icp/relay.php?r=113833&msgid=338164&act=6L87&c=428653&destination=http%3A%2F%2Fwww.linkedin.com%2
--->Fin%2Fcorypala">Cory Pala</a>,</font> Investor Relations</span></font><br style="font-family: Verdana;">
4<font size="2" face="Arial"><span style="font-family: Verdana;">16.657.2400 | CPala@evestor.com</span></font></div></
--->font><br>
</div>
<div align="left"></div><font size="2"> </font>
<div align="justify"><font size="2"><font size="2"><font face="Arial"><em><font size="1">The above disclosure
contains certain forward-looking statements that involve substantial
known and unknown risks and uncertainties. These forward-looking
statements are subject to numerous risks and uncertainties, certain of
which are beyond Hemisphere GPS’ control, including: the impact of
general economic conditions, industry conditions, increased competition,
the lack of availability of qualified personnel or management,
fluctuations in foreign exchange or interest rates, stock market
volatility and market valuations of companies with respect to the
announced transactions and the final valuations thereof, and obtaining
required approvals of regulatory authorities. Hemisphere GPS’ actual
results, performance or achievement could differ materially from those
expressed in, or implied by these forward-looking statements and,
accordingly, no assurances can be given that any of the events
anticipated by the forward-looking statements will transpire or occur,
or if any of them do so, what benefits, including the amount of proceed,
that Hemisphere GPS will derive therefrom.</font></em><br>
</font></font> </font></div>
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