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AgJunction Selects Arizona for New Corporate Headquarters

November 8, 2018

Scottsdale, AZ, Nov. 08, 2018 (GLOBE NEWSWIRE) -- AgJunction Inc. (TSX: AJX), the Autosteering Company™, announced the relocation of its corporate headquarters from Hiawatha, Kansas to Scottsdale, Arizona. The move, effective immediately, is expected to add jobs in engineering, program management, finance and customer support.“Upon the sale of the Outback business, that included the Hiawatha facility where our corporate office resided, we decided that Arizona was the right fit for our new corporate headquarters,” said Dave Vaughn, AgJunction president and chief executive officer. “The decision to select Arizona as AgJunction’s new headquarters was based on the successful growth of our technology Center of Excellence in Scottsdale and the state’s focus on the autonomous and agriculture technology industries.”In April, AgJunction created two technology Centers of Excellence, with one based in Scottsdale, AZ, to accelerate innovation in developing low-cost, simple-to-use precision agriculture solutions for all farmers.“AgJunction is taking on a technological challenge to reduce cost and complexity of autosteering, the heart of precision agriculture,” said Brett McMickell, AgJunction senior vice president of global product development. “Arizona provides access to a technology-focused workforce, universities, and an innovative business ecosystem essential for the developing products that all farms can afford and operate.”About AgJunctionAgJunction Inc., the Autosteering Company™ is a global leader of advanced guidance and autosteering solutions for precision agriculture applications. Its technologies are critical components in over 30 of the world’s leading precision Ag manufacturers and solution providers and it holds over 130 fundamental steering and machine control patents. AgJunction markets its solutions under leading brand names including Novariant®, Wheelman™, Whirl™ and Satloc® and is committed to advance its vision by bringing affordable hands-free farming to every farm, regardless of terrain or size. AgJunction has locations in California, Arizona, and Australia, and is listed on the Toronto Stock Exchange (TSX) under the symbol “AJX.” For more information, please go to AgJunction.com.

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Lisa Shields AgJunction 480-399-0989 Lshields@agjunction.com Cody Slach Liolios 949-574-3860 AJX@liolios.com

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