CONTACTS:

Lindsay: Jenna Zeorian, Lindsay Corporation | +1 (402) 829-6813 or Jenna.Zeorian@Lindsay.com

Taranis: Melissa Curtin, G&S Business Communication | +1 (919) 389-1913 or mcurtin@gscommunications.com

FOR IMMEDIATE RELEASE

November 12, 2020

Lindsay Combines Advanced Agronomy with Predictive Machine Diagnostics to Create the First Smart Pivot

Innovation transforms the pivot into an always-there crop and machine health guardian in the field

OMAHA, Nebraska - Lindsay Corporation (NYSE: LNN), a leading global manufacturer and distributor of irrigation and infrastructure equipment and technology, today announced the smart pivot, a new category of mechanized irrigation that moves beyond traditional water application and management to a wide array of crop and machine health capabilities, while also delivering proven water and energy savings.

Lindsay's smart pivot comes to life through two smart streams - FieldNET™ advanced agronomics and Zimmatic™ machine health - designed to support healthier crops and more sustainable farming practices while reducing risk and operational downtime, significantly expanding what the traditional pivot is capable of. Several of the smart pivot features are the outcome of collaboration and joint development with strategic partners, including Taranis.

FieldNET Advanced Agronomics

The smart pivot uses sensors, high-resolution imagery and advanced algorithms to improve crop health - both above and below the crop canopy - with features including:

  • Automatic detection of leaf-level health issues, powered by Taranis, such as nutrient deficiencies, pressure from disease and pests and the ability to auto-detect and accurately revise crop growth stages and stand counts remotely.
  • Next-level efficiency with enhanced irrigation scheduling capabilities, deriving insights from high-resolution imagery and on-pivot sensors.
  • Ability to optimize irrigation at scale to each unique farm, based on operational objectives, with priorities focused on conserving water and energy, boosting yield production and eliminating diminishing marginal returns.

Zimmatic Operational Support and Machine Health

Lindsay is introducing never-before-seen machine health capabilities that include:

  • Advanced machine monitoring at the component level (i.e., tire pressure, gearboxes and motors), using predictive analytics and remote diagnostics to identify performance anomalies that could indicate wear or potential risk of failure.
  • Remote connectivity between the pivot and dealer service technicians to enable automatic notifications and service scheduling that will significantly help reduce downtime, lower operating costs and improve reliability.
  • Broader detection and reporting of application issues such as ponding, plugged sprinklers and poor spray patterns to drive greater uniformity and precision.
  • Support for growers in evaluating and continuously improving the sustainability and profitability of their operations with real-time, running savings calculators that show water, energy and time saved over the course of the season.

'The smart pivot introduces the next era of mechanized irrigation,' said Gustavo Oberto, president of irrigation at Lindsay. 'It delivers never-before-seen insights and efficiency to a grower's operation, changing the way they - and the industry - look at and use center pivots.' Oberto described the smart pivot as a 'self-aware, always-there robot in the field, capable of at-scale crop health management, and ground-breaking machine health features. The smart pivot virtually takes care of itself - and your crops,' he said.

Taranis Precision Scouting Partnership

Taranis brings its unmatched precision scouting solution to this partnership, allowing the smart pivot to pinpoint challenges across the entire field for focused management. It empowers growers to make more informed, timely replant, crop nutrition and protection decisions that optimize yields.

'Our precision scouting platform captures comprehensive intel from the field and delivers easy-to-digest insights for Lindsay's smart pivot,' said Ofir Schlam, CEO and Founder of Taranis. 'No other company delivers the high-resolution imagery, field analysis and real-time reports to monitor and respond to field health challenges like our platform. We've identified over 50,000,000 agronomic issues in our customers' fields. Smart pivot customers will have continuous access to the same enhanced insights and field-proven results our current users rely on to make management decisions with confidence.'

'Today, growers care more than ever about the impact they're making on their land and resources,' said Wade Sikkink, director of product management at Lindsay. 'They need tools and methods that help them increase output, reduce risk and optimize for their specific operational objectives - and also help them demonstrate their dedication to high efficiency farming and conservation. Features like our sustainability calculator and custom objectives tool, along with the range of agronomic and machine health features, are what, combined, define the smart pivot.'

Sikkink said these first features announced today are 'just the beginning, as we will continue to expand the circle of innovation with increasingly sophisticated yet easy-to-use smart irrigation solutions.'

Lindsay unveiled the smart pivot through a virtual, live public event on Thursday, November 12. A separate customer input session also took place to gather critical user feedback which the company says will help shape the ongoing smart pivot roadmap.

Smart pivot features are in development now. Field testing is already underway, and a limited commercial offering will begin in the spring of 2021 in North America, with a broader market release expected in spring 2022.

For more information visit www.lindsay.com/smartpivot.

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About Lindsay Corporation

Lindsay Corporation (NYSE: LNN) is a leading global manufacturer and distributor of irrigation and infrastructure equipment and technology. Established in 1955, the company has been at the forefront of research and development of innovative solutions to meet the food, fuel, fiber and transportation needs of the world's rapidly growing population. The Lindsay family of irrigation brands includes Zimmatic™ center pivot and lateral move agricultural irrigation systems and FieldNET™ remote irrigation management and scheduling technology as well as irrigation consulting and design and industrial IoT solutions. Also a global leader in the transportation industry, Lindsay Transportation Solutions manufactures equipment to improve road safety and keep traffic moving on the world's roads, bridges and tunnels, through the Barrier Systems™, Road Zipper™ and Snoline™ brands. For more information about Lindsay Corporation, visit www.Lindsay.com.

Descriptions of expected smart pivot features are for informational purposes only. The development, release and timing of future product and feature rollouts remain at Lindsay Corporation's sole discretion. Any new or supplemental features, functionality and enhancements or timing of release of such features, functionality and enhancements are at the sole discretion of Lindsay Corporation and may be modified without notice. All descriptions of upcoming features, functionality and enhancements or other similar information do not represent a commitment to deliver any material, code or functionality and should not be relied upon in making a purchasing decision.

FieldNET, FieldNET Advisor, FieldNET Pivot Watch, Zimmatic, Barrier Systems, Road Zipper and Snoline are trademarks or registered trademarks of Lindsay Corporation and/or its affiliates.

About Taranis

Taranis represents a new category by bringing together the best of precision ag and crop scouting. Precision scouting combines high-res imagery, field intelligence, comprehensive diagnostics, API integration and deep agronomic know-how, allowing crop advisors and growers to make better, more informed crop management decisions. The company works with 16 of the world's top 20 agricultural retailers and crop protection companies and monitors more than 20 million acres of land globally for over 19,000 customers in the United States, Canada, Brazil, Russia, Ukraine and Australia. Taranis employs over 80 people worldwide and is headquartered in Sunnyvale.

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Lindsay Corporation published this content on 12 November 2020 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 12 November 2020 16:28:02 UTC