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   Microcap & Penny StocksAgJunction Inc. - HW/SW for Precision Agriculture


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From: Sultan7/11/2018 10:16:56 PM
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AgJunction Settles with Raven in Patent Infringement Suit

Hiawatha, July 11, 2018 (GLOBE NEWSWIRE) -- AgJunction Inc. ( AJX.TO), a leader in advanced guidance and autosteering, announced today that it has settled a patent infringement lawsuit it filed against Raven Industries, Inc. (“Raven”) in January of this year. The suit alleged Raven products violated three AgJunction patents related to automated mechanical steering, implement steering and system calibration technologies.

Raven and AgJunction announce that they have reached a mutually agreeable no-fault business solution, whereby Raven is granted a nonexclusive license to a significant portion of AgJunction’s extensive patent portfolio, and the litigation is resolved. Under the agreement, both companies will continue to pursue their varied commercial interests.

“We are very pleased to announce this agreement with Raven to license certain of our technology; commercialization of our patent portfolio is a vital component of our corporate strategy and central to the success of our business and that of our partners,” said Bob Barjesteh, vice president of intellectual property and general counsel for AgJunction. “Licensing these patents to Raven substantiates the strength of our industry-leading intellectual property portfolio.”


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From: Sultan8/1/2018 2:05:56 PM
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AgJunction Sets Second Quarter 2018 Conference Call for Tuesday, August 14, 2018, at 11:00 a.m. ET

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From: Sultan8/13/2018 11:47:42 AM
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AgJunction Expands Automatic Steering Market to One Million More Farmers with Revolutionary New Wheelman

Hiawatha, Aug. 13, 2018 (GLOBE NEWSWIRE) -- AgJunction ( AJX.TO), 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.

“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.

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From: Sultan8/14/2018 2:07:55 PM
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AgJunction Reports Second Quarter 2018 Earnings Results

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From: Sultan8/16/2018 7:14:09 PM
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Edited Transcript of AJX.TO earnings conference call or presentation 14-Aug-18 3:00pm GMT

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From: Sultan8/23/2018 3:24:18 AM
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AgJunction Sharpens Focus with Sale of Outback Guidance Business


HIAWATHA, KS , Aug. 20, 2018 /CNW/ - ( AJX.TO) — AgJunction Inc. ( AJX.TO), the Autosteering Company™, is announcing the sale of the assets of its Outback Guidance (Outback) business to Hemisphere GNSS (HGNSS), along with a new technology licensing agreement. The transactions will allow AgJunction to focus on its core strategy to grow the market for autosteering.

The asset sale of Outback includes the Outback Guidance® brand, the REBEL™ autosteering products, and AgJunction's Hiawatha, Kansas and Winnipeg, Canada facilities. HGNSS will also receive a non-exclusive license to certain AgJunction patents associated with the Outback business. HGNSS will take over the relationships with the Outback independent dealer network, and the majority of the Outback workforce are expected to transition to HGNSS. AgJunction will retain the intellectual property and engineering staff concentrated in two engineering centers of excellence in Scottsdale, Arizona , and Brisbane , Australia.

Additionally, AgJunction and HGNSS have entered into a royalty-bearing, non-exclusive license agreement for AgJunction intellectual property used in other HGNSS products. Both transactions are expected to close in the third quarter. The specific terms of the transactions are confidential.

"As the world's leading autosteering company, these transactions will enhance our focus on our mission to expand autosteering to all farmers by simplifying our solutions and channels to market," said Dave Vaughn , president and CEO of AgJunction. "Upon completion of the transaction, our go-to-market distribution channels will be focused on our indirect channel partners—value-added resellers, original equipment manufacturers, and strategic intellectual property licensed partners—and our direct-to-farmer channel via Handsfreefarm.com."

Regarding the technology license, Bob Barjesteh , vice president of intellectual property, M&A and general counsel for AgJunction said: "The commercialization of AgJunction's intellectual property is a vital component of our corporate strategy. This licensing agreement with HGNSS comes on the heels of our recent deal with Raven Industries, further substantiating the strength of our industry-leading intellectual property portfolio."

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From: Sultan8/23/2018 3:29:11 AM
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AgJunction to Present at 7th Annual Liolios Gateway Conference & Dougherty & Company 3rd Annual Institutional Investor Conference on September 6

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From: Sultan8/23/2018 3:39:36 AM
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handsfreefarm.com

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From: Sultan8/29/2018 1:52:10 PM
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AgJunction and Fastline Media Group Partner at Farm Progress to Showcase Revolutionary New Wheelman



agjunction.com

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From: Sultan9/4/2018 1:56:17 PM
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AgJunction Completes Sale of Outback Guidance Business

HIAWATHA, KS, Sept. 4, 2018 /PRNewswire/ - AgJunction Inc. ( AJX.TO), the Autosteering Company™, has closed the sale of the assets of its Outback Guidance (Outback) business to Hemisphere GNSS (HGNSS). The transaction will allow AgJunction to focus on its core strategy to grow the market for autosteering.

The asset sale of Outback includes the Outback Guidance® brand, the REBEL™ autosteering products, and AgJunction's Hiawatha, Kansas and Winnipeg, Canada facilities. HGNSS will take over the relationships with the Outback independent dealer network, and the majority of the Outback workforce are transitioning to HGNSS.

AgJunction will retain the intellectual property and engineering staff concentrated in two engineering centers of excellence in Scottsdale, Arizona, and Brisbane, Australia.

The specific terms of the transaction are confidential.

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