Sioux Falls, SD (February 4, 2014) –Raven Industries (NASDAQ: RAVN) Applied Technology Division is excited to introduce the revolutionary Accuflow™ Vortex system, the newest and most accurate NH3 delivery system in an industry-leading lineup of application controls. The Accuflow Vortex is a first-of-its-kind anhydrous ammonia application system that has increased capacity within a single cooler, which maximizes applicator time and creates a smaller footprint on the toolbar. Raven application control products are ISObus compatible, giving customers additional control options while reducing cab clutter.
“Application control is at the core of what we do, and our customers are calling for higher speeds, longer application windows, and larger toolbars when applying anhydrous. The Accuflow Vortex meets these needs by allowing growers and custom applicators to apply more anhydrous at faster speeds and colder temperatures, with less weight on the toolbar. The system also comes pre-assembled, saving applicators even more time. The Vortex makes an already short application window that much more manageable,” says Matt Burkhart, vice president and general manager of Raven’s Applied Technology Division.
In addition, Raven is introducing their new AccuFlow HP+ system, which includes the Vortex cooler and a dynamically controlled pump for even greater capacity and precise application. Accuflow Vortex will be featured at the National Farm Machinery Show in Louisville, KY and at other upcoming tradeshows. The system will be available for purchase in early March, 2014. To learn more, stop by a Raven tradeshow booth, visit a Raven dealer or go to www.ravenprecision.com.
About Raven Industries, Inc: Since 1956, Raven Industries has designed and manufactured high quality, high-value technical products. Raven is publicly traded on NASDAQ (RAVN) and has earned an international reputation for innovation, product quality, high performance, and unmatched service. Raven’s purpose is to solve great challenges in areas of safety, feeding the world, energy independence, and resource preservation. To realize this purpose, we utilize our strengths in engineering, manufacturing, and technological innovation to serve the precision agriculture, high performance specialty films, aerospace, and electronic manufacturing services markets. Visit www.RavenInd.com for more information.
Forward-Looking Statements: This news release contains “forward-looking statements” within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, including statements regarding the expectations, beliefs, intentions or strategies regarding the future. Without limiting the foregoing, the words “anticipates,” “believes,” “expects,” “intends,” “may,” “plans,” and similar expressions are intended to identify forward-looking statements. The company intends that all forward-looking statements be subject to the safe harbor provisions of the Private Securities Litigation Reform Act. Although management believes that the expectations reflected in forward-looking statements are based on reasonable assumptions, there is no assurance these assumptions are correct or that these expectations will be achieved. Assumptions involve important risks and uncertainties that could significantly affect results in the future. These risks and uncertainties include, but are not limited to, those relating to the inability to achieve objectives established for research and development activities, or changes in competition, raw material availability, technology or relationships with the company’s largest customers—any of which could adversely affect any of the company’s product lines—as well as other risks described in Raven’s 10-K under Item 1A.This list is not exhaustive, and the company does not have an obligation to revise any forward-looking statements to reflect events or circumstances after the date these statements are made.