Ag Services of America Inc. announced a new program and data center to be introduced on Powerfarm.com, the company's e-commerce website. The Company will provide a national data center for agricultural education programs around the country to electronically submit data from local test plots. Powerfarm.com will provide assistance in organizing, displaying and consolidating information for participating chapters nationwide. The accumulation of this vast database of test plot information will provide individual producers a powerful tool in their annual hybrid selection process. In addition, Ag Services of America is in the process of establishing
several scholarships in conjunction with the Data Center Program to be awarded to outstanding FFA members who participate in the program, and exemplify the character and qualities taught in over 7,200 FFA chapters nationwide.

"It is a pleasure to be able to provide support and educational opportunities for FFA members,'' stated Tad Mozena, Manager of Marketing and E-Commerce for Ag Services. "We anticipate many of tomorrows ag leaders will embrace the opportunity to learn and interact with a leading ag e-commerce website to provide useful data to producers around the world. This will provide growers another resource, through Powerfarm.com for the independent information they need to be successful in production agriculture.''

With over 450,000 members, the National FFA Organization is among those dedicated to making a positive difference in the lives of young people by developing their potential for premier leadership, personal growth and career success through agriculture education.

"The unique support and educational opportunities provided by Ag Services of America through the Powerfarm.com program is exciting for ag education students,'' stated Ellen Doese, Instructor for one of Iowa's largest agriculture education programs. "The program will enable student to utilize a wide range of skills in collecting, organizing and showcasing valuable data to the national ag community.''

Powerfarm.com offers the most comprehensive assortment of ag products, services and credit options available on the Internet today. Products currently available include seed and crop protection chemicals from such manufacturers as American Cyanamid, Asgrow, Bayer, Dekalb, Garst, Monsanto, Novartis, Stine and Zeneca. Along with headline ag news, market quotes and weather, growers can shop at their convenience day or night for products and sign up for additional services like crop insurance, grain marketing programs, crop scouting and soil sampling services. The company continues discussions with many additional suppliers serving the multi billion dollar ag industry. Companies range from farm equipment and parts, to feed and animal health products.

Ag Services of America, Inc., which operates Powerfarm.com, is based in Cedar Falls, Iowa, and is a competitive supplier of input financing and agricultural inputs, including seed, chemicals, fertilizer and cash advances to primarily corn and soybean growers in the U.S. ASV's one-stop shopping business model includes competitive and flexible financing packages through its AgriFlex Credit® program combined with the most comprehensive offering of agricultural inputs from national sources such as American Cyanamid, Asgrow, Bayer, Dekalb, Dow Chemical, DuPont, Garst, Monsanto, Novartis, Pioneer Hi-Bred, and Zeneca. ASV finances AgriFlex Credit® with a $275 million securitization program that is structured and guaranteed by MBIA Insurance Corporation. ASV protects its receivables by requiring multi-peril crop insurance, the first lien on the crop, assignment of all government payments and additional collateral (preferably land) if necessary. The Company also provides ancillary services such as crop insurance, crop scouting and grain marketing. 

Company news release
N2453