West Lafayette and Westfield, Indiana, USA
September 25, 2014
AgReliant Genetics LLC, a leader in seed research, production and quality and the third largest corn seed company in the U.S., and Spensa Technologies Inc., a multiplatform agriculture services company based in the Purdue Research Park, signed an agreement that will help growers integrate innovative and precision planting tools with AgReliant hybrid information to improve overall crop production.
"AgReliant Genetics has a strong national reputation for providing quality seed for growers, and we've been able to do this through our advanced genetics and agronomic expertise," said Noah Freeman, manager of AgReliant Genetics of Precision Technologies. "Technology is an important component of the next step toward increasing harvest yields, and we are expanding our services to include more precision agriculture technologies. Our agreement with Spensa positions us to become a leader in the precision technology field."
This agreement allows AgReliant Genetics to begin development of the branded precision tool, Advantage Acre®, which will initially provide:
* A Web-based application for growers to track and manage their fields through more precise data on AgReliant Genetics' unique products, as well as soil, weather and yield.
* A scouting tool for growers to record notes on plant growth and disease for better pest control management.
Increasing yield potential and overall efficiency to produce an even greater crop have been the goals of agriculturalists for many years. Through the use of advanced technology and farming practices, a continual increase of overall yield and quality has been achieved. New technologies, such as the tools being developed by Spensa, help make the 300 bushel per acre goal in corn production even more realistic.
"One of the most important goals for all of us is food security," said Johnny Park, president and CEO of Spensa Technologies, Inc. "In order to meet the demand of our growing world population, we need to double yet again the average yields of corn, soybeans and other food crops within the next decade. Precision technologies will help make this happen."
AgReliant Genetics is preparing Advantage Acre for its phase one launch during the 2015 growing season.
About AgReliant Genetics, LLC
Headquartered in Westfield, Indiana, AgReliant Genetics is an innovative seed company committed to delivering high-quality seed, providing exceptional service and creating consistent customer value. Created in 2000 as a joint venture between the international seed groups KWS and Limagrain, AgReliant Genetics is ranked as one of the largest field seed companies in North America. AgReliant Genetics markets corn, soybean and alfalfa seed through seven brands: AgriGold®, Eureka Seeds®, Great Lakes Hybrids®, LG Seeds®, Producers Hybrids®, Wensman Seed® and PRIDE Seeds®. The service marks and trademarks mentioned herein are registered trademarks of AgReliant Genetics, LLC or its affiliated entities.
About Spensa Technologies Inc.
Spensa Technologies is located in the Purdue Research Park of West Lafayette. Johnny Park, president and CEO, founded the company in 2009. Spensa's mission is to design, develop and deliver novel technologies for the agricultural industry that will reduce reliance on manual labor, foster eco-friendly farming and enhance crop production efficiency. The company's products include MyTraps.com, pest management software and Z-Traps, an environmentally friendly pest control device.
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