AP NEWS

Canadian Court Rules in Favor of Farmobile on Counterclaim Filed by Farmers Edge Claiming Ownership Interest in Farmobile Patent

September 26, 2018

LEAWOOD, Kan.--(BUSINESS WIRE)--Sep 26, 2018--Farmobile, The Independent Farm Data Company, today announced that the Federal Court of Canada (Court File No. T-449-17) entered an order striking a counterclaim filed by Farmers Edge Inc. (Farmers Edge) alleging ownership of Farmobile’s Canadian patent. In the Canadian lawsuit, Farmobile seeks a damages award and an injunction order prohibiting Farmers Edge from using the infringing technologies.

In her September 17 ruling striking the Farmers Edge counterclaim for ownership, Prothonotary Ring concluded that it was “plain and obvious that … those pleadings must be struck out.”

“We welcome the Judge’s ruling,” said Jason Tatge, Farmobile CEO and co-founder. “We’ve invested significant time and money to develop our patented technologies, which directly benefit customers by helping them to optimize the efficiency and profitability of their operations. We continue to offer innovative tools to farmers and ag retailers that enable real-time, in-season decisions.”

The Court also denied two additional Farmers Edge motions to: 1) strike Farmobile’s claims and 2) stay the proceeding pending further action on the ownership issue by a Nebraska court.

The ruling permits the Canadian case to move forward to the discovery phase and then trial. Farmobile alleges that the CanPlug and Farm Command system used, operated and sold by Farmers Edge, infringe Farmobile’s Canadian patent.

Farmobile specializes in interoperable data. Its data collection and standardization technology enables farmers to collect, share and even monetize their farm data to improve efficiencies and increase farm revenues. To learn more about Farmobile visit www.farmobile.com.

About Farmobile

Farmobile is The Independent Farm Data Company. Farmobile builds the foundational technology for the future of agriculture and creates new opportunities for farmers to get more out of their data.

Ag data didn’t have a standard, so Farmobile built one. Its technology collects second-by-second data points across mixed fleets and turns them into Electronic Field Records that make it easy to gain insights, share with advisors and power decision-making on the farm.

Data is among the most valuable commodities a farm produces. The Farmobile DataStore SM is the first and largest secure digital marketplace to connect farmers with data buyers. Farmobile believes that farmers own their data outright. Based in Leawood, Kan., Farmobile resides in the heart of the Midwest. Learn more about Farmobile at www.farmobile.com.

View source version on businesswire.com:https://www.businesswire.com/news/home/20180926005630/en/

CONTACT: Jones-Dilworth, Inc.

Brittany Solano, 972-809-6832

brittany@jones-dilworth.com

KEYWORD: UNITED STATES NORTH AMERICA CANADA KANSAS

INDUSTRY KEYWORD: TECHNOLOGY DATA MANAGEMENT NATURAL RESOURCES AGRICULTURE

SOURCE: Farmobile

Copyright Business Wire 2018.

PUB: 09/26/2018 10:24 AM/DISC: 09/26/2018 10:24 AM

http://www.businesswire.com/news/home/20180926005630/en

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