Immediate Release
MERLIN Profiled as the Canadian Productivity Gap Eradicator
Burlington, ON, Canada – September 26, 2014 – Astrix Networks Inc., operating as Memex Automation (TSX-V: OEE) (“Memex” or the “Company”), the global leader of manufacturing M2M productivity solutions, is pleased to announce MERLIN is profiled in the September issue of PLANT magazine.
The cover article: The Internet of Everything: Connected technologies bridge the shop floor to the top floor and provide major benefits to maintenance, efficiency and productivity, describes how Canadian Manufacturers can eradicate the productivity gap with MERLIN.
MERLIN, which generates up to a 400% IRR upon installation in manufacturing plants, is featured alongside Google’s $3.2 billion purchase of Nest and Apple’s, Samsung’s and Sony’s Internet of Everything consumer-based wearables.
“A sector that will truly benefit is manufacturing,” wrote Matt Powell, Assistant Editor, Plant. “Convergence is the key work here,” said Victor Woo, Cisco. “We have to bridge information within the business by connecting the shop floor to the top floor,” said Woo. “It’s true,” said David McPhail, CEO, Memex Automation. “Mazak, the world’s largest machine tool manufacturer, in the July Edition of Automation.com, described a +42% increase of machine utilization by connecting the shop floor to the top floor using MERLIN,” said McPhail. “Our clients regularly detail to us IRR’s of more than 400% because they’re using our solution to connect their plants to their management teams in real-time,” said McPhail. “This Plant article is spot on the money because it describes how Canadian manufacturers can move from the disconnected to the connected manufacturing environment; eradicate the Canadian productivity gap; uncover the hidden plant; and, generate more production and income from operations using the same labour and equipment, said McPhail. “That’s how these IRRs are generated,” he added.
About Memex Automation Inc.
Memex Automation (TSX-V:OEE) is the leader of the measurement of Overall Equipment Effectiveness (“OEE”) in real-time. OEE is the measurement of plant-wide capacity utilization. MERLIN (Manufacturing Enterprise Real-time Lean Information Network) generates OEE enterprise-wide, plant by plant, machine by machine. On April 15th PEM awarded the Company the 2014 Plant Engineering & Maintenance Award for Best Company Under 50 Employees. Frost & Sullivan awarded MERLIN its 2013 Technology Innovation Leadership Award. Microsoft picked MERLIN to be its mid-market ERP machine connectivity solution. Mazak, North America’s largest original equipment manufacturer of machine tools, purchased MERLIN to manage its plant and published in Automation.com a 42% increase in utilization of the monitored production machines. Mazak now offers MERLIN on its price list. Okuma America Corporation, a world leader in CNC machine tools, announced on April 1st Memex Automation became a Partner in THINC. For more information, please visit:
Contacts:
Sales: Memex Automation Inc. Investors: Thomas Smeenk, VP Business Development John Rattray, VP Sales and Marketing Thomas Smeenk, VP Business Development
Phone: 905-635-0590 Phone: (905) 536-3138
Email: E-mail:
Neither the TSX Venture Exchange nor its Regulation services provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.