Calgary, AB – October 23, 2009 – (TSX:HEM) Hemisphere GPS announced today that it was awarded a position on the 2009 Cleantech 10™ list by Corporate Knights Inc.
The award, compiled by Corporate Knights Inc. and Cleantech Indices LLC, recognizes companies that minimize the impact human activity has on the environment. Hemisphere GPS does this by developing technologies that improve operational performance while lowering energy consumption and reducing the impact of chemical applications.
“Our GPS based agricultural products enable farmers to dramatically reduce the amount of fuel, chemical, fertilizer and seed wasted during regular applications,” says Dr. Mohamed Abousalem, Vice President of Marketing and Business Development at Hemisphere GPS. “Through precision navigation, automated steering and application control technologies, we eliminate operator error that causes large overlaps during spraying, planting and harvesting.”
The 2009 Cleantech 10 awards are chosen based on a comprehensive screening process of the 122 Cleantech companies currently traded on the Toronto Stock Exchange. A full list of the annual award recipients is published in the November issue of Corporate Knights Magazine which accompanies The Globe and Mail , Canada ‘s most circulated national newspaper.
In addition to the Cleantech 10 Award, Hemisphere GPS recently received several other business awards including: the Branham 300 Award; the ASTech Leadership Foundation Award; the Innovation Award for New Technology for Western Canada; the Canadian Manufactures and Exporters (CME) Innovation award; Albert a Venture’s Fast Growth 50; the Canadian National Research Council Technology Excellence award; and the Deloitte Technology Green 15 Award.
About Hemisphere GPS
Hemisphere GPS designs and manufactures innovative, cost-effective GPS products for positioning, guidance and machine control applications in agriculture, marine and other markets. The Company holds numerous patents and other intellectual property and owns leading brand names, including Outback Guidance® and BEELINE®, two of the leading brands in precision GPS for ground agriculture. The Company is headquartered in Calgary, Albert a, 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.