Menlo Park, California
August 8, 2002
Landec Corporation (Nasdaq: LNDC),
has announced that Landec Ag, Inc., its seed technology
subsidiary, is commercially launching its new Intellicoat(R)
Early Plant(TM) corn seed coating technology on
Fielder's Choice
Direct (R), hybrid seed corn.
Starting in spring 2003, corn farmers using Intellicoat Early
Plant coating technology on Fielder's Choice Direct hybrid seed
corn will be able to plant from one to four weeks earlier than
normal with minimal risk of stand loss traditionally associated
with early planting. The commercial launch of Intellicoat Early
Plant technology for spring planting in 2003 follows the 2002
corn planting season when wet spring conditions caused many corn
farmers in the Central Corn Belt to miss their optimum planting
dates.
"After several years of successful university and farmer trials,
we have been able to scale the technology successfully in
preparation for full commercial launch. For the 2002 planting
season, the Early Plant coating technology is currently in use
at over 500 farms on nearly 15,000 acres across the country,"
says Tom Crowley, Landec Ag President and CEO. "When comparing
Intellicoat coated
seeds to uncoated seeds in early-planted trials, the Intellicoat
coated seeds have consistently shown better, more uniform
emergence and higher stand counts for improved yield potential."
"The weather conditions this past spring clearly illustrated the
difficulty of planting corn during the ideal planting period
because of extremely wet conditions in large parts of the Corn
Belt. With Intellicoat coatings for Early Plant hybrid seed
corn, many farmers in the Corn Belt could have planted corn
before the rains began, avoiding the late plantings that
occurred this year," continued Crowley.
Over the past few years, Landec Ag's research has focused on
developing a commercial application of the technology for hybrid
corn, which included testing Intellicoat coatings using
Fielder's Choice Direct hybrid seed corn. The positive
performance of the technology on Fielder's Choice hybrid seed
corn has triggered Landec Ag's decision to commercially launch
Intellicoat Early Plant corn in 2003.
"We are very excited about the potential of Intellicoat Early
Plant technology because we have seen firsthand how it has
developed into a very promising product for farmers," says
Dennis Schlott, Vice President of Sales at Fielder's Choice
Direct. "The Fielder's Choice hybrids we have selected for Early
Plant coatings have strong genetics suited perfectly for this
technology. This year we tested these hybrids in some tough
conditions. The corn emerged really well and we are very
encouraged based on how the stands currently appear in the
fields."
In addition, Landec Ag has initiated collaborations with eight
of the industry's top seed corn companies. These companies are
conducting separate evaluations of the Intellicoat Early Plant
hybrid seed corn technology on their own hybrids during 2002.
The patented Intellicoat Early Plant coating is unique because
it effectively controls seed germination in cold, early spring
soils. When the soil temperature is too cold for healthy
seedling growth, the coating protects the seed and restricts it
from taking in enough water to germinate. Once the soil
temperature warms, the coating changes, allowing water to
permeate the seed and promote germination under optimum
conditions. The Intellicoat Early Plant polymer seed coating is
derived from natural, biodegradable fatty acids and degrades
naturally in the soil.
Thirty major seed production companies are already using another
Intellicoat coating, known as Pollinator Plus(TM), for coating
male inbred seeds used in the production of hybrid seed corn. In
this application, the coating delays germination of the male
inbred seed in order to widen the pollination window to increase
yields, minimize risks and reduce production costs in the
production of hybrid seed corn. Seed production companies are
rapidly increasing their use of this technology.
Also on the commercial horizon is another Intellicoat
application, Relay(TM) Intercropping of wheat and Intellicoat
coated soybeans. The Relay system enables Central and Northern
Corn Belt farmers, whose growing season is normally too short
for double cropping, to successfully inter-plant coated soybeans
into wheat fields and gain more revenue by harvesting two crops
off the same field in the same year. This Intellicoat
application is in its third year of successful commercial
on-farm trials.
Landec Corporation designs, develops, manufactures and sells
temperature-activated and other specialty polymer products for a
variety of food, agricultural and licensed partner applications.
The company's temperature-activated polymer products are based
on its proprietary Intelimer(R) polymers, which differ from
other polymers in that they can be customized to abruptly change
their physical characteristics when heated above or cooled below
a preset temperature switch.
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