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BEELINE and
Raven Announce Alliance
Raven Licenses BEELINE Technology to Enter Agricultural Steering Assist
Market
Media Contact:
Warren E. Clark
CCI Marketing
847-836-5100
[email protected]
Company Contact:
Bridget Kirkwood
BEELINE Technologies, Inc.
559-256-2333
[email protected]
www.BEELINEnavigator.com
Fresno, CA and
Westminster, CO. - AgPRonline
- July 10, 2002, SD - BEELINE Technologies Inc. and Raven Industries (Nasdaq:
RAVN) today announced a product-based licensing agreement. Under
this agreement, Raven will enter the agricultural steering assist market
with the Raven TRUE LINE Steering System utilizing BEELINE Steering Assist®
technology and the Raven VIPER system as a simple user interface. This
product allows Raven to integrate BEELINE's advanced navigation technology
with its precision control technology. Raven is the world leader in application
control systems for agriculture, and a leading provider of GPS guidance
equipment and technology. BEELINE is the pioneer in steering assist systems
for agriculture utilizing advanced software solutions and GPS/INS technology.
The Raven TRUE LINE Steering System, powered by BEELINE Technology, will
utilize BEELINE's proprietary software to offer users the most precise
steering assist system on the market. BEELINE's copyrighted steering software
will be loaded onto Raven's VIPER system to create a simple, user-friendly,
touch screen interface. The TRUE LINE Steering System will be marketed
through Raven's distribution network, and is expected for delivery by
this fall.
Raven's TRUE LINE Steering System will provide steering solutions for
numerous agricultural markets. Both custom applicators and growers can
benefit from steering assist technology, because better planting and application
efficiency and accuracy goes directly to their bottom line. In addition,
the VIPER system will become the user interface for the TRUE LINE Steering
System, allowing operators to use the same device for application control
as well as steering assist guidance. Also, the VIPER will allow users
to wirelessly transmit application maps and data-logged files to a central
location from the field.
"The agreement with Raven expands our distribution for systems powered
by BEELINE technology," said Doug Merrill, Vice President - American
Operations, BEELINE Technologies. "Raven is well known and respected
in both the custom application and grower markets through their application
control and traditional lightbar guidance systems, and their association
with BEELINE will definitely help us increase the penetration of our technology
in the North American steering assist market."
According to Dan Rykhus, Vice President and General Manager of Raven's
Flow Controls Division, "The alliance and licensing agreement with
BEELINE advances Raven's product line and illustrates our commitment to
precision agriculture. BEELINE is the pioneer and global leader in this
market, and we are delighted to be associated with their technology. We
believe the Raven TRUE LINE Steering System creates an integrated solution
for our customers. They will be able to utilize the BEELINE technology
with our VIPER system, creating a system that allows them to have excellent
steering assist performance, precision application control, CAN technology
and numerous other features through the same interface."
Raven Industries has 22 years of experience in the development of solutions
for agriculture, ranging from flow control technology to GPS applications.
These new innovations from Raven make chemical application, planting,
and fertilizing easier and more affordable.
BEELINE Technologies, Inc. is a privately held company, which through
pioneering research has achieved global market leadership in GPS/INS steering
assist systems for self-propelled agricultural equipment. BEELINE is proud
to be a company founded by farmers, forging useful technology for farmers.
BEELINE Technologies was established in 1994 and headquartered in Brisbane,
Australia, with offices in Fresno, Calif. and Westminster, Colorado. For
more information, visit http://www.BEELINEnavigator.com
-30-
Note: This news brief is being distributed via
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AgPRonline is a product of CCI Marketing,
www.ccimarketing.com, a division of Clark Consulting International,
Inc.
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