WILLMAR, Minn. — March 7, 2012 — Feedlogic Corporation, a leading supplier of intelligent feeding solutions for livestock production, has entered into a development agreement with Ag Ventures Alliance, a Mason City, IA based value-added agriculture business development organization.
Under the terms of the development agreement, Ag Ventures Alliance has made a seed investment in Feedlogic and is providing advisory, consulting and other business development services to Feedlogic.
“Our agreement with Ag Ventures Alliance is a perfect fit for us,” said Drew Ryder, Feedlogic president. “We are selling and creating products which create significant added value to livestock production. This type of business is on the leading edge of agriculture and technology. Many AgVA members are involved in livestock production or provide the grain that feeds our nation’s livestock.”
Terry Carpenter, Executive Director of Ag Ventures Alliance said “Working with Feedlogic provides us an opportunity to leverage our strengths as a value-added business development organization with an innovative company in the livestock industry.”
About Ag Ventures Alliance
Mason City-IA-based Ag Ventures Alliance is a business development organization for value-added agricultural ventures. Intended to increase the income of farmers and other rural residents and create a vibrant rural economy, AgVA works with businesses which are focused on adding value to agriculture activities. AgVa has over 1,200 members throughout the Midwest who have started and invested in numerous value-added agricultural businesses. For membership information visit www.agventuresalliance.com or call 641-494-2368.
About Feedlogic Corporation
Willmar, Minnesota-based Feedlogic Corp. is a pioneer in the development of intelligent feeding solutions which can provide livestock producers with real-time monitoring and management of feed. It offers a suite of products which combine patented hardware and software to measure production processes and execute more precisely. These products include FEEDPro for research applications, FeedSaver intelligent feeding systems for commercial production, FeedMeter feed measurement systems, and BlendTronic micro-ingredient applicators.