- ClearAg Content to Support Development of
Next-Generation Digital Farming Platform -
Iteris, Inc. (NASDAQ: ITI), a leader in providing information
solutions to the transportation and agriculture markets, has
entered into an agreement with Bayer to provide timely,
high-resolution atmospheric and land surface information through
ClearAg® application programming interfaces (APIs).
Powered by ClearAg Weather and Soil APIs, Bayer’s agricultural
division -- Crop Science -- will deliver useful insights for how
agronomy, product performance benefits, and farm management
practices can improve crop efficiency and farm business results.
The insights gained from using ClearAg APIs in conjunction with
field data collection and expert crop knowledge will support
Bayer’s delivery of their global digital farming tools.
“We look forward to assisting Bayer as they launch a
next-generation digital farming platform that empowers
growers—large and small—with access to key analytical information
for data-driven decisions that improve productivity,” said Tom
Blair, senior vice president of Performance Analytics at Iteris.
“Our premium atmospheric and land surface information complements
Bayer’s strengths in agronomy and crop protection. The power of
ClearAg, when combined with Bayer’s expertise, will translate into
a robust combination of decision support services for growers
throughout the world.”
Bayer is committed to tackling the opportunities and challenges
that drive the global agricultural community. Through expertise in
high value seeds, innovative chemical and biological crop
protection solutions, and services for modern, sustainable
agriculture, Bayer strives to develop best-in-class solutions for
the agricultural industry. Bayer brings innovative and inspiring
solutions directly to global customers, along with reliable
services and advice.
“As an innovative leader in the agriculture industry, we value
an environment of collaboration and work with external partners to
deliver leading farming solutions to our customers,” said Tobias
Menne, Head of Digital Farming at Bayer. “This partnership with
Iteris will enable us to further leverage our global expertise to
deliver best-in-class digital farming services to our
customers.”
ClearAg is a decision support application for precision
farming built upon the ClearAg EMPower™ adaptive forecasting
engine, an advanced learning platform for agriculture. As new
information becomes available, the ClearAg system adapts to provide
the most accurate, location-based information available on a
worldwide basis. ClearAg patented technologies combine global,
multi-sensor weather analyses, ensemble-based weather forecasting,
customized soil modeling, and a staff of expert meteorologists and
data science experts to create what the firm believes to be the
most accurate, science-based environmental information available.
ClearAg leverages Iteris’ precision weather and global soil content
with the power of agronomic models to solve complex agricultural
challenges.
Follow Iteris ClearAg on Facebook, Twitter,
and YouTube to stay up-to-date on the firm’s latest
precision farming offerings.
Please contact info@clearag.com for inquiries
regarding this release or ClearAg products.
Bayer: Science for a Better LifeBayer is a global
enterprise with core competencies in the Life Science fields of
health care and agriculture. Its products and services are designed
to benefit people and improve their quality of life. At the same
time, the Group aims to create value through innovation, growth and
high earning power. Bayer is committed to the principles of
sustainable development and to its social and ethical
responsibilities as a corporate citizen. In fiscal 2014, the Group
employed around 119,000 people and had sales of EUR 42.2 billion.
Capital expenditures amounted to EUR 2.5 billion, R&D expenses
to EUR 3.6 billion. These figures include those for the high-tech
polymers business, which was floated on the stock market as an
independent company named Covestro on October 6, 2015. For more
information, go to www.bayer.com.
About Iteris, Inc.Iteris, Inc. (NASDAQ: ITI) is a
leader in providing information solutions to the transportation and
agriculture markets. We are focused on providing this information
to practitioners in these markets to improve their effectiveness
and efficiency. By combining our expertise, unique IP and
information infrastructure in a suite of products and
services, Iteris offers a broad range of solutions to
both domestic and international customers. The firm is
headquartered in Santa Ana, California, with offices
throughout the U.S. and in select locations internationally. For
more information, please visit www.iteris.com or call
1-888-329-4483. Also visit us on Facebook, Twitter,
and YouTube.
Iteris Forward-Looking StatementsThis 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," "seeks," "estimates,"
"may," “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 results and benefits of our
agreement and future success, capabilities and benefits of our
ClearAg products and related services. 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 ability to successfully integrate and
deliver our ClearAg solution on a timely and cost-efficient basis,
ability to improve crop efficiency and farm business results, the
future adoption of technology based analytics solutions in the
agriculture market, the challenges in the development of
software-based solutions generally, Bayer’s dedication of resources
and ability to achieve market acceptance for its own products, and
the potential impact of product and service offerings from
competitors and such competitors’ patent coverage and claims.
Further information on Iteris, Inc., including additional risk
factors that may affect our forward looking statements, is
contained in our Annual Report on Form 10-K, our Quarterly Reports
on Form 10-Q, our Current Reports on Form 8-K, and our other SEC
filings that are available through the SEC’s website
(www.sec.gov).
View source
version on businesswire.com: http://www.businesswire.com/news/home/20160216005645/en/
IterisTom Roberts, 949-270-9572tlr@iteris.comorBayer
Crop Science:Utz Klages, +49 2173
38-3128utz.klages@bayer.com
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