Memex Automation Receives PEM Plant Engineering & Maintenance Magazine Award
April 15 2014 - 9:21AM
Marketwired
Memex Automation Receives PEM Plant Engineering & Maintenance
Magazine Award
BURLINGTON, ON--(Marketwired - Apr 15, 2014) - Astrix Networks
Inc. (TSX-VENTURE: OEE) operating under the trade name Memex
Automation Inc., the global leader of manufacturing Machine to
Machine (M2M) productivity solutions, is pleased to announce that
it has been awarded the 2014 PEM Plant Engineering &
Maintenance Award for Best Company Under 50 Employees. Sponsored
this year by FLIR Canada, Siemens Canada Ltd., and Fluke
Electronics Canada LP, the PEM Maintenance Awards were first
introduced in 1999 with the mandate of acknowledging and rewarding
excellence in industrial technology.
Memex Automation's latest award is based on its ability to prove
customer Return On Investment (ROI) for its flagship product
MERLIN. Overall Equipment Effectiveness (OEE) is the measurement of
plant-wide capacity utilization, and MERLIN generates OEE in
real-time, enterprise-wide, machine by machine. In one instance,
MERLIN increased OEE from 40% to 82% across 30 machines in a custom
manufacturing company. In another example, MERLIN's productivity
boost cut a major aerospace manufacturer's work order completion
time from 35 days to just 5 days -- a 700% improvement.
"The MERLIN product team is extremely proud of our 2014 PEM
award," said David McPhail, Memex Automation's CEO. "Plant
Engineering & Maintenance Magazine is well-read and
well-respected by industrial engineers, plant operations and
maintenance professionals and this endorsement of our technology
will further fuel our sales growth and customer success."
MERLIN lets customers know exactly where they can improve
manufacturing operations in order to operate faster, and more
efficiently. When manufacturing shop floor team members
address production bottlenecks with MERLIN, they can improve
throughput, and increase overall profitability.
About PEM Plant Engineering and Maintenance Magazine
During the past 30 years, PEM Plant Engineering and Maintenance
Magazine has evolved and kept pace with industry growth. Today PEM
is Canada's total reliability magazine for industrial engineers,
plant operations and maintenance professionals. Its mission is to
provide readers on the shop floor with the information they need to
increase manufacturing production and equipment uptime, integrate
new technology, reduce operating costs, manage groups of skilled
professionals in an industrial setting and encourage career
development. For more information, please visit:
www.pem-mag.com.
About Memex Automation Inc.
Memex Automation (TSX-VENTURE: OEE) is the global leader of
manufacturing Machine to Machine (M2M) productivity solutions and
the measurement of Overall Equipment Effectiveness in real-time
("OEE"). In 2013, Frost & Sullivan awarded MERLIN
(Manufacturing Enterprise Real-time Lean Information Network) its
Technology Innovation Leadership Award, and 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 Florence, KY, plant and offers
MERLIN on its price list. For more information, please visit:
www.memex.ca.
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.
Contacts: Sales: Memex Automation Inc. John Rattray VP Sales and
Marketing Phone: 905-635-0590 Email: Email Contact Press:
market2world communications inc. Jill McCubbin Communications
Architect Phone: 613-256-3939 Email: Email Contact
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