Sioux Falls, SD (January 6, 2015) — Raven Industries (NASDAQ: RAVN) announced the release of Slingshot® Link™, a groundbreaking set of new support tools that will simplify the management of field-deployed precision ag hardware. Slingshot Link will give customers and dealers the ability to send Raven Operating Software (ROS) upgrades and updates wirelessly to compatible Viper® 4 field computers through a Slingshot Field Hub. This new capability will ensure customers in the field have instant access to the latest and greatest features and enhancements for their Viper® 4 field computer, as well as other important diagnostic information. To improve upon the quality experience Raven customers have come to expect, this new round of updates will also contain enhancements to its popular remote support capabilities, which have become an invaluable tool for both Raven and its global dealer network for providing real-time field support and training.
“Connectivity in the field is becoming an integral part of our customers’ operations,” said Paul Welbig, General Manager of Raven’s Austin Technology Center. “Building up and leveraging those capabilities is a key to success in today’s ever-changing and connected environment. Sending ROS updates wirelessly will greatly simplify a previously very cumbersome and costly process.”
Through their Slingshot account, customers will have access to a suite of tools to help manage in-field devices as well as software upgrades and updates for their entire fleet. This will enable incredible flexibility and control of software updates for Viper 4 systems. Slingshot Link tools will be available in early 2015.
To learn more about Slingshot® by Raven, visit www.ravenslingshot.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 situational awareness 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.
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