Aug 20 (Reuters) - Agjunction Inc AJX.TO :
* AGJUNCTION SHARPENS FOCUS WITH SALE OF OUTBACK GUIDANCE BUSINESS
* AGJUNCTION INC - SPECIFIC TERMS OF TRANSACTIONS ARE CONFIDENTIAL
* AGJUNCTION - CO & HGNSS ENTERED INTO ROYALTY-BEARING, NON-EXCLUSIVE LICENSE DEAL FOR AGJUNCTION INTELLECTUAL PROPERTY USED IN OTHER HGNSS PRODUCTS
* AGJUNCTION INC - SALE OF ASSETS OF OUTBACK GUIDANCE (OUTBACK) BUSINESS TO HEMISPHERE GNSS (HGNSS), ALONG WITH A NEW TECHNOLOGY LICENSING AGREEMENT
* AGJUNCTION - ASSET SALE OF OUTBACK INCLUDES OUTBACK GUIDANCE BRAND, REBEL AUTOSTEERING PRODUCTS, CO'S HIAWATHA, KANSAS AND WINNIPEG, CANADA FACILITIES
* AGJUNCTION INC - HGNSS WILL ALSO RECEIVE A NON-EXCLUSIVE LICENSE TO CERTAIN AGJUNCTION PATENTS ASSOCIATED WITH OUTBACK BUSINESS
* AGJUNCTION INC - MAJORITY OF OUTBACK WORKFORCE ARE EXPECTED TO TRANSITION TO HGNSS
* AGJUNCTION - WILL RETAIN IP & ENGINEERING STAFF CONCENTRATED IN 2 ENGINEERING CENTERS OF EXCELLENCE IN SCOTTSDALE, ARIZONA, AND BRISBANE, AUSTRALIA