Press Release
ClearAg Precision Weather Data Will Help Agronomists and Farmers Using FieldApex Reach the Most Profitable Nitrogen Rate
- 13 million tons of nitrogen are applied across more than 150 million acres of row crops each year
- Nitrogen, which can cost up to
$70 per acre, represents a significant factor in farm economics - Weather has a significant impact on nitrogen needs, especially very dry conditions and heavy rainfall
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Iteris ClearAg Environmental Intelligence Enhances Effigis FieldApex Platform Across US and
Under the terms of the software-as-a-service agreement,
With nitrogen costs of up to
“Weather is getting more extreme with every passing year, which has a
significant impact on nitrogen needs. There is a great opportunity for
agronomists and farmers to better control costs by knowing just how much
nitrogen should be applied depending on rainfall around fertilization
time,” said
“Like Iteris, FieldApex is dedicated to harnessing science and digital
technology to feed our growing planet,” said
FieldApex is a fertilizer management platform that facilitates decision making while maximizing agricultural profitability. It calculates the most profitable nitrogen rate to apply to corn fields for each parcel and each season while protecting yields and the environment. This is achieved by harnessing the power of artificial intelligence and interconnected data from multiple platforms. Accurate, trusted, and simple, it complements the tools currently on the market and aims to interconnect with leading precision agriculture platforms. FieldApex is developed and validated by agronomists and independent scientists. It is propelled and commercialized by Effigis Geo-Solutions. Visit www.fieldapex.com for more information.
About
About Effigis Geo-Solutions
Iteris Forward-Looking Statements
This release may contain forward-looking statements, which speak only as of the date hereof and are based upon our current expectations and the information available to us at this time. Words such as "believes," "anticipates," "expects," "intends," "plans," “feels,” “plans,” "seeks," "estimates," "may," “could,” “should,” "will," "can," and variations of these words or similar expressions are intended to identify forward-looking statements. These statements include, but are not limited to, statements about the anticipated benefits and success of our agreement, and capabilities and impacts in using the ClearAg solution. Such statements are not guarantees of future performance and are subject to certain risks, uncertainties, and assumptions that are difficult to predict, and actual results could differ materially and adversely from those expressed in any forward-looking statements as a result of various factors.
Important factors that may cause such a difference include, but are not
limited to, our ClearAg solution‘s ability to integrate and provide
critical field-level precision weather data on a cost-effective basis;
the future adoption of the ClearAg solution in the agribusiness markets;
customer’s dedication of resources and ability to achieve market
acceptance for its own products and services; our ability to gain
additional patent protection for our technologies and products; and the
potential impact of product and service offerings from competitors and
such competitors’ patent coverage and claims. Further information on
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Source:
Iteris Contact
David Sadeghi
Tel: (949) 270-9523
Email:
dsadeghi@iteris.com
Investor Relations
MKR Investor Relations, Inc.
Todd
Kehrli
Tel: (323) 468-2300
Email: iti@mkr-group.com