AgJunction® Broadens Precision Technology Platform through New Patents

Over 40 precision agriculture related patents now owned by AgJunction

HIAWATHA, KS, Aug. 14, 2014 /CNW/ - (TSX: AJX) -- AgJunction, a leading provider of innovative hardware and software solutions for precision agriculture, announced that the United States Patent and Trademark Office (USPTO) has issued Notices of Allowance for two patents  extending critical aspects of its industry leading guidance and automatic steering technology platforms.

The Company announced the issuance of U.S. Patent No. 8,768,558 entitled "Optical Tracking Vehicle Control System and Method" which provides coverage for adding data from optical sensors during automated vehicle steering and guidance to provide spatial information.  This patent was issued July 1, 2014 and expires January 5, 2027.

Additionally, the Company has received Notice of Allowance for U.S. Patent No. 8,781,685 entitled "System and Method For Integrating Automatic Electrical Steering with GNSS Guidance" The claims of this patent cover a guidance system for vehicles with steerable wheels and a steering mechanism connected to the steerable wheels. This patent issued on July 15, 2014 and expires July 17, 2033.

 "These important new patents are indicative of our efforts to support the long-term commercial potential of our auto steer technologies, and move a step closer to autonomous vehicle control," commented Rick Heiniger, Chief Executive Officer of AgJunction.  "Our highly valuable auto steer patent portfolio is already dominant and comprehensive.  By continuously adding evolutionary subject matter, we extend maximum intellectual property protections for our OEM clients well into the future."

Inclusive of the above two patents AgJunction has been granted 13 new patents in the precision agriculture space since July 2013 which include systems and methods covering:

  • Collecting Soil Samples (U.S. 8,489,291)
  • Collecting and Processing Agricultural Field Data (U.S. 8,521,372)
  • Raster-based Contour Swathing for Guidance and Variable Rate Chemical Application (U.S. 8,718,874)
  • GNSS Optimized Aircraft Control System and Method (U.S. 8,548,649)
  • Multiple-Antenna GNSS Control (U.S. 8,583,315)
  • GNSS Contour Guidance Path Selection (U.S. 8,583,326) (U.S. 8,639,416)
  • GNSS Guidance and Machine Control (U.S. 8,594,879)
  • GNSS Based Control for Dispensing Material from a Vehicle (8,634,993)
  • GNSS Integrated Multi-Sensor Control (U.S. 8,649,930)
  • GNSS Optimized Aircraft Control (U.S. 8,548,649)
  • Work Order Management (U.S. 8,676,620)

"Our goal is to continue to build upon our industry-leading position in intellectual property to make precision farming technologies more efficient and productive," Mr. Heiniger added.

About AgJunction
AgJunction, Inc. provides innovative hardware and software applications for precision agriculture worldwide. The Company holds numerous patents and markets its products and services under leading brand names including Outback Guidance®, Satloc®, and AgJunction® Cloud Services. AgJunction supports advanced farming practices and enables seamless data connectivity among growers and their agricultural service providers. The Company is headquartered in Hiawatha, Kansas, with facilities in Arizona, Pennsylvania, Manitoba and Queensland, Australia. AgJunction is listed on the Toronto Stock Exchange (TSX) under the symbol "AJX".

For more information, please go to www.agjunction.com.

SOURCE: Agjunction Inc.

For further information: Wes Dittmer, Chief Financial Officer, AgJunction Inc., (785) 742-5149, WDittmer@agjunction.com; Cory Pala, Investor Relations, (416) 657-2400, Cory.Pala@evestor.com


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