Press release from CNW Group
Hemisphere GPS and Stara S. A. Expand OEM Partnership with Customized eDriveX? and A320?
Monday, April 30, 2012
Hemisphere GPS and Stara S. A. Expand OEM Partnership with Customized eDriveX? and A320?07:12 EDT Monday, April 30, 2012CALGARY and NÃO-ME-TOQUE, Brazil, April 30, 2012 /CNW/ - (TSX: HEM) Today, Hemisphere GPS and Stara S.A. Indústria de Implementos Agrícolas announced their expanded OEM partnership as part of Stara's new SpeedDrive X system. Stara, one of the world's largest agricultural equipment manufacturers, launched SpeedDrive X today at the AgriShow Rabeirão Pretoin São Paulo State, Brazil. SpeedDrive X will be factory installed as standard equipment on various models of Stara tractors, sprayers, and spreaders.The new SpeedDrive X combines a customized Hemisphere GPS eDriveX automated steering system and A320 GNSS smart antenna and Stara Topper 4500 terminal providing total user management for precision agriculture. SpeedDrive X monitors, controls, and displays guidance and automatically steers the vehicle to improve applications such as sub-soil plowing, spraying and spreading, planting, and harvesting. The integration of the eDriveX steering system with a third-party terminal is a significant milestone for Hemisphere GPS."The technology collaboration between Stara and Hemisphere GPS is critical to the advanced design of our precision farming solutions in South America," says Cristiano Paim Buss, Director of Technology for Stara. "We tested SpeedDrive X on over 22,000 hectares ensuring a very robust and sophisticated system for the most demanding farmers."Stara will offer SpeedDrive X as fully-integrated standard equipment on various models of Stara machinery in May, 2012 and also as an aftermarket product through their distribution network of over 95 exclusive dealers.Hemisphere GPS' customized eDriveX, A320 and associated components automatically steer farm machinery to centimeter-level accuracy. The eDriveX automated steering system features straight, contour, and circle pivot guidance modes and reverse steering. Stara's SpeedDrive X version will also soon support eTurns™ and controlled traffic farming. eTurns enables farmers to automatically execute a turn at the end of a row, increasing efficiency and reducing driver fatigue. Controlled traffic farming significantly reduces compaction and increases yields. Hemisphere GPS' A320 GNSS smart antenna provides reliable positioning solutions with centimeter-level accuracy. Powered by Hemisphere GPS' Eclipse™ GNSS (GPS and GLONASS) receiver technology, A320 combines the receiver, antenna, and radio modem, all in one rugged package."We congratulate Stara on the launch of SpeedDrive X and we are pleased that our precision agriculture technology will be part of Stara's success in the marketplace," says Kip Pendleton, Sr. Vice President and General Manager of Agriculture for Hemisphere GPS. "The OEM-compatible interface designs we have developed enable Hemisphere GPS to scale technology revenues. Through our joint development efforts with Stara we will continue to fuel growth for both companies in the expanding Brazilian agriculture market and throughout South America."About Hemisphere GPSHemisphere GPS designs and manufactures innovative, cost-effective GPS (GNSS) products for positioning, guidance, and machine control applications in agriculture, marine, survey, construction, and other markets. The Company holds numerous patents 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, sales, and marketing facilities in Arizona, Kansas, and Australia. Hemisphere GPS is listed on the Toronto Stock Exchange (TSX) trading under the symbol "HEM" and is one of the TSX Cleantech designated companies. For more information about Hemisphere GPS, please go to www.hemispheregps.com.About Stara S.A.Headquartered in Não-Me-Toque, Rio Grande do Sul, Brazil, Stara S.A. is one of the world's largest agricultural equipment manufacturers. Since its inception in 1953, the company has evolved from assembly and maintenance of agricultural implements to offering an international manufacturing product portfolio including: precision farming, subsoil plows, sprayers, front agriculture loaders, seeders, and much more. Recently Stara has developed and is distributing worldwide a line of high capacity self-propelled sprayers, high precision seeders, and high horsepower tractors. Through its philosophy of "Constant Evolution" Stara has become a world leader on high tech agricultural implements and vehicles.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 there from.For further information: Jeff Farrar Director of Marketing, Agriculture Hemisphere GPS Phone: (785) 742-5131 E-mail : firstname.lastname@example.org www.hemispheregps.com Cory Pala Investor Relations E.vestor Communications Inc. (416) 657-2400 InvestorRelations@hemispheregps.com