Calgary, AB – November 30, 2009 – (TSX:HEM) Hemisphere GPS has formed a strategic business alliance with Third Eye Maps company. The alliance recognizes Third Eye Maps as Hemisphere GPS’ authorized representative for aerial imagery capture and processing.
Through the collaboration of multiple technologies, Hemisphere GPS now offers imagery solutions to its agriculture and land management customers. Third Eye Maps uses infrared camera systems to generate aerial imagery and maps with a variety of useful information. For agriculture, this information is used to determine vegetation growth indices as well as nutrient and irrigation irregularities that are essential for the improvement of farm yield efficiencies. For land management, imagery aids in the recognition of invasive species and other vegetation identification that enables targeted management. The captured imagery data is post-processed and formatted into digital files which are compatible with most GPS assisted spray systems including the Hemisphere GPS Air IntelliFlow™ and IntelliGate™ liquid and dry flow control systems, respectively.
“This combination of technologies provides our customers with valuable data that can be used in conjunction with automated spray applications; whether they are simply turning a spray on and off, or using it with full variable rate treatment in aerial or ground applicators” says Kip Pendleton, Vice-president and General Manager of Agriculture. “Growers, pilots and landowners can now spot spray areas as small as one-tenth of an acre in a more precise and cost effective manner."
Third Eye Maps brings more than 20 years of vegetation mapping and land management experience to Hemisphere GPS. The combination of Hemisphere GPS’ advanced guidance and flow control systems and Third Eye Maps’ aerial mapping technology and services offers Hemisphere GPS’ customers a more complete solution for imagery usage, data management and spray efficiency.
About Third Eye Maps
Based in Lubbock, Texas, Third Eye Maps provides high quality imagery for agriculture and land management applications. The company augments existing imagery and collects new aerial imagery using multi spectral camera systems. For agriculture, Third Eye Maps imagery data is used for planting, fertilizing, and species-specific spraying operations.
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, 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.
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.