|AgJunction Receives Significant Bulk Purchase Order for its Steering Solutions Products|
HIAWATHA, KS, March 13, 2018 /PRNewswire/ - AgJunction Inc. ( AJX.TO) (the "Company" or "AgJunction"), a leader in automated steering and machine control technology for precision agriculture, announces that it has entered into a bulk purchase order with a customer to supply its Steering Solutions products to the customer for an aggregate purchase price of approximately $55 million. Deliveries and payments under the purchase order will occur between July 1, 2018 and June 30, 2019.
AgJunction provides innovative hardware and software applications for precision agriculture worldwide. The Company holds more than 185 patents and patent applications and markets its products and services under leading brand names including Novariant, Outback Guidance® and Satloc®. The Company is headquartered in Hiawatha, Kansas, with facilities in Silicon Valley, California, Scottsdale, Arizona, Winnipeg, 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.