After several years of intensive product research and
test marketing, RESOURCE21 has developed information products that will revolutionize
the agriculture industry. By providing frequent, site-specific insights into crop conditions throughout the growing season, RESOURCE21 products help growers and other agriculture
professionals to efficiently manage crop production risks, thereby increasing crop yields while minimizing environmental impacts.
The Boeing Company, BAE SYSTEMS, Farmland Industries, and the Institute for
Technology Development, who jointly own RESOURCE21, announced their decision today
to proceed with this commercial venture. RESOURCE21 provides decision-support and
resource-management data services for agriculture and other public and private markets.
During the 2002 growing season, RESOURCE21 will offer these products through the
distribution channels of its agriculture alliances.
"We are seeing a rising interest in information products derived from space-based remote
sensing technologies in both the commercial and government markets," says Vic Leonard,
CEO of RESOURCE21. "Started in the mid-1990s, this venture is the culmination of a customer-focused, market-driven approach to identifying and meeting the data needs of
today's agricultural industry. While our primary customer is the private sector, we are also
ready to serve the needs of many government gencies for programs such as the Landsat
Data Continuity Mission (LDCM). RESOURCE21 offers better quality data, more frequently
and at a lower price than typical costs for data derived from dedicated US Government
The RESOURCE21 owners are equally enthusiastic. Ron Prosser, Vice President of
Advanced Space and Communications at Boeing and Chairman of the Board of
RESOURCE21, believes that "RESOURCE21's time has come.It offers the agricultural
community an opportunity to capture substantial savings and efficiencies at a very
competitive cost." In addition, Prosser said, "RESOURCE21 has an excellent business plan,
a talented management team, and the support needed for long-term success."
BAE SYSTEMS has been an investing partner in RESOURCE21 since 1995. Dr. Marshall
Banker, President of BAE SYSTEMS' Information Systems Sector, says, "We are delighted
that the venture is going forward. RESOURCE21 will be of tremendous benefit not only to
worldwide agriculture, but also to the US Government in its continuing policy of
Mike Sweat, Vice President of Farmland Industries, believes that "the product
development and validation process at RESOURCE21 is among the most thorough we have seen. RESOURCE21 products are attractive to growers and agronomists alike because the value proposition is easily understood."
Dr. Angeline Dvorak, President of the Institute for Technology Development, adds,
"Current US space policy advocates commercial data buys wherever practical, and
RESOURCE21 offers an attractive commercial solution to the Landsat Data Continuity
The Mission of RESOURCE21 is to meet the information needs of customers worldwide
involve in production agriculture and related food industries, crop insurance, national
security and earth science while creating value for RESOURCE21 shareholders.
RESOURCE21 is a Mississippi Limited Liability Company formed in 1995. Our current
member-partners are The Boeing Company, Farmland Industries, Inc. ("Farmland"), BAE
SYSTEMS Mission Solutions Inc., and RESOURCE21 Corporation (a subsidiary of the
Institute for Technology Development "ITD").