Valmie Resources (VMRI) Inks LOI to Collaborate on Drone Technology for Agribusiness
05 February 2015 - 12:30AM
Business Wire
Valmie Resources Inc. (OTCBB:VMRI), a technology solutions
company that brings to market state-of-the-art products for rapid
commercialization, today announced it has signed a letter of intent
(LOI) with Monitoreo Especializado Agrícola de Jalisco, SA (MEA), a
crop monitoring solutions provider. Valmie, in collaboration with
MEA, will develop a customized system using Valmie’s drone hardware
and its AIMD (Autonomous Intelligence for Mobile Devices) software
platform to expand Valmie’s inventive technology for agricultural
applications.
As part of the agreement, Valmie will supply unmanned aerial
vehicles (UAV’s), fully integrated ground control software and
cloud services customized for MEA’s customer base. The Jalisco,
Mexico-based MEA provides crop monitoring and data collection
services to megafarms located primarily in Central and South
America.
“Enhancing the global food supply is high priority for Valmie as
well as for the global market,” said Gerald B. Hammack, President
and CEO of Valmie. “We expect Valmie’s technology will allow
growers to improve the oversight of millions of acres in rural
areas and save big money at the same time.”
The autonomous unmanned devices, equipped with cameras and other
sensors, will be used by MEA to survey crops, monitor for plant
diseases and precision-spray pesticides and fertilizers. Offering a
unique bird’s-eye view of the fields’ overall condition, Valmie’s
drone technology is expected to help boost crop health, improve
field management practices, reduce costs and improve yields.
Valmie’s SaaS (Software as a Service) AIMD Platform, with the
capability for robust customization, will collect and send data
from the unmanned vehicles’ independent controller units back to a
cloud-based modular resource network for aggregation and analysis.
The AIMD Platform will have the capability to determine
intervention thresholds, quickly route predetermined responses,
communicate critical information to the operator, and in some cases
deploy solutions in real time.
About Valmie Resources (OTCBB:VMRI)
Valmie Resources is a U.S. company actively pursuing
opportunities for the commercialization of leading edge products
and services in the rapidly expanding technology industry. Valmie
seeks concepts with valid business models positioned to make a
significant impact within the four key “megasectors” of technology:
software, hardware, networking and semiconductors. Valmie brings
operating talent, tools and leadership to emerging companies in
these sectors, promoting industry awareness and developing
economically sustainable partnerships while increasing shareholder
value.
For further information visit http://valmie.com
Forward-Looking Statements
Certain information provided in this press release constitutes
forward-looking statements. The words "anticipate", "expect",
"project", "estimate", "forecast" and similar expressions are
intended to identify such forward-looking statements. The reader is
cautioned that assumptions used in the preparation of such
information, although considered reasonable at the time of
preparation, may prove to be incorrect. Actual results achieved
during the forecast period will vary from the information provided
herein as a result of numerous known and unknown risks and
uncertainties and other factors. You can find a discussion of those
risks and uncertainties in our EDGAR securities filings with the
Securities and Exchange Commission. Such factors include, but are
not limited to: general economic, market and business conditions;
fluctuations in the technology market; the results of product
development and the result of our efforts to develop strategic
relationships, partnerships and potential acquisitions that are in
line with our business model; outcome of partnership negotiations;
the uncertainty of market estimates; changes in environmental and
other regulations; risks associated with retail operations; and
other factors, many of which are beyond the control of the Company.
There is no representation by Valmie Resources that actual results
achieved during the forecast period will be the same in whole or in
part as those forecast. Except as may be required by applicable
securities laws, Valmie Resources assumes no obligation to publicly
update or revise any forward-looking statements made herein or
otherwise, whether as a result of new information, future events or
otherwise.
Valmie Resources, Inc.Gerald B. Hammack, 720-946-6390President
and CEO
Valmie Res (CE) (USOTC:VMRI)
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