IRRIGATION SEGMENT REVIEW (CONT.) THE COMPETITIVE ADVANTAGE  OF INTEGRATED SOLUTIONS NEW IRRIGATION PRODUCTS IRRIGATION MARKET OUTLOOK irrigation revenue compared to  38 percent the prior year. Solid  performance in key markets such as  South America, Europe, Australia,  New Zealand, and Sudan tempered  market uncertainty in politically  sensitive areas such as Russia,  Ukraine and Iraq. Our international  footprint is solid although we  experience regional volatility due to  timing of large project opportunities,  the competitive environment,  government in fl uences on subsidy  programs and the effect of commodity  pricing in certain areas. with innovative solutions, and it has  received very positive response in the marketplace. Lindsay offers an unmatched breadth  of products and value-added services.  Beyond just selling center pivot  irrigation equipment, we provide  comprehensive solutions including  pump stations and  fi ltration,  fi eld  layout and total system design,  weather and  fi eld monitoring services,  and the design and installation of  in- fi eld broadband communication  infrastructure. The synergistic  acquisitions the Company has made  in recent years further expand our  product and service offerings.  Integrated solutions differentiate us  from competitors in the marketplace.  We lead the industry in customer- valued technological innovations,  quality products and reliable service.  We have observed, for example, that  growers who use FieldNET to more  effectively manage their crop growing  processes become dedicated, loyal  customers, depending on Lindsay  products to help them increase  irrigation ef fi ciency, improve crop  productivity, and reduce costs such  as fuel and labor. Dealers in our  network have expressed encouraging  assessments of market share growth  during the past few years, as well as  recognized the bene fi ts of a strong,  differentiated competitive offering of  products and services. In the near term, we expect that  irrigation sales will continue to be  impacted by lower crop prices and  projected reductions in farm income  as well as political instability in  various regions of the world. The  extent and the duration of the  current cyclical downturn are dif fi cult  to predict. However, our team is con fi dent  that the Company’s investment in  competitively advantaged products  and services will continue to position  us well now and as agricultural  market conditions improve. In addition, our initiatives to  manage costs have been effective.  Lean manufacturing practices in  the Nebraska irrigation facility have  proven very valuable. Along with  productivity enhancements, we Since its market introduction  in early 2014, Growsmart ®  by  Lindsay’s MULTI-CONTROL for  drip and micro-irrigation has  received significant industry  recognition: We also introduced the revolutionary  NFTrax airless wheel assembly that  eliminates the potential for  fl at  tires on center pivots. The patent- pending product reduces downtime  and labor required to perform repairs  in the  fi eld. This is another example  of our development process that  addresses key customer concerns  We further expanded the capability  of our industry-leading FieldNET ® wireless irrigation management  system, adding a next-generation  3G remote telemetry unit (RTU) as  well as drip-controller technology  that enables FieldNET connectivity  to operate drip- and micro-irrigation  systems along with the larger center  pivot and lateral move systems. The  award-winning FieldNET technology  provides growers the industry’s most  comprehensive options to remotely  control their entire irrigation systems  throughout the crop life cycle. 6 In  fi scal 2014, Lindsay continued to develop and introduce products  that provide exceptional value and  unique bene fi ts to growers while  enhancing our competitive position  as a market leader.  • Top Ten New Product - World Ag Expo 2014 • One of the Year’s Most  Innovative Designs in  Engineering Products - The  American Society of Agricultural  and Biological Engineers AE50 • 2014 Best New Product,  Agriculture - Irrigation  Association’s Irrigation Show &  Education Conference