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Farmers Edge Acquires GranDuke Geomatics as Precision Agriculture Market Grows

With operations around the world, Farmers Edge Inc. promotes Innovation in Precision Agriculture

Winnipeg, MB – Farmers Edge Inc., a global leader in precision agriculture and independent data management solutions, announced its acquisition of GranDuke Geomatics Ltd. of Lethbridge, Alberta. The agreement was finalized on January 9th, 2015, giving control of the geospatial solutions and software development company to Farmers Edge Inc.

With operations in North and South America, Australia, Russia and Eastern Europe, Farmers Edge increases growers’ profitability maintaining an environmentally sustainable approach by leveraging advanced precision tools and big data analytic solutions. Farmers Edge is offering the industry’s most complete package, Precision Solutions, for every agribusiness, every crop and every geography. Precision Solutions is a turnkey comprehensive package that includes Variable Rate Technology, field centric weather monitoring, high-resolution satellite imagery, in-field telematics and real boots on the ground. Leading the development and application of new technologies on the farm, Farmers Edge allows farmers to collect, store and transfer data, make advanced management decisions and measure results.

Fertilizer and yield maps provided by GranDuke Geomatics Ltd. are part of the Precision Solutions product line offering growers an increase in efficiency through automated workflows, specialized software design and cloud-based data processing.

GranDuke Geomatics Ltd. was founded in 2012 by Guy Duke and Kevin Grant and with the assistance of the National Research Council, offers customized software solutions and geospatial applications to clients in precision agriculture, environmental monitoring, and oil and gas. With 22 employees, GranDuke Geomatics Ltd. will continue to provide advanced GIS & yield data processing services for Farmers Edge Inc.

Kevin Grant says, “The acquisition of GranDuke is a huge opportunity for our company and our staff.” “Farmers Edge is a world-class, fast growing precision agriculture company. We are excited to be a part of their continued growth.”

Guy Duke, adds, “This acquisition is the culmination of a lot of hard work and late evenings providing Farmers Edge with rapid software development and quick product turn-around times for their data analysis and mapping.”

“We’re really excited about the acquisition of GranDuke Geomatics because they bring an outstanding software engineering team and valuable Ag technology IP to the table. We are now incorporating this IP into our decision support tools that bring all the information together to make a meaningful impact on production,” says Wade Barnes, President and CEO of Farmers Edge Inc. “We want our growers to have all resources they need to attain the best results from their investment.”

About Farmers Edge Inc. – Farmers Edge is a global leader in precision agriculture and independent data management solutions. Leading the development and application of new technologies on the farm, Farmers Edge is defining the future of agriculture through innovation. For more information on Farmers Edge, please visit http://www.farmersedge.ca.

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