BURLINGTON, ON–(Marketwired – Sep 12, 2016) – Memex Inc. (“MEMEX”) (TSX VENTURE:OEE) today at IMTS 2016 announced the launch of MERLIN Tempus™ and MERLIN Tempus Enterprise Edition (EE), the next generation of the award winning MERLIN Manufacturing Execution System (MES). MEMEX is currently demonstrating MERLIN Tempus and MERLIN Tempus Enterprise Edition (EE) at the International Manufacturing Technology Show (IMTS) in Chicago.
MERLIN Tempus is an open and extensible Manufacturing Execution System (MES) platform that offers the next generation of tools and a dynamic configurable dashboard that provides a complete view of the shop floor. Tempus is Latin for time. MERLIN Tempus measures and analyzes manufacturing time. MERLIN Tempus tells manufacturing exactly how time is being used on the shop floor in machine tools, with operators, with sensors and any other asset. Developed using state-of-the-art software engineering technologies, MERLIN Tempus delivers green-light metrics and analytical capabilities to effectively reduce downtime while increasing throughput and profits. MERLIN Tempus EE extends the capabilities of the MERLIN Tempus platform with full Overall Equipment Effectiveness (OEE), integrated job scheduling. MERLIN Tempus supports MTConnect®, Fanuc Focas, Fanuc I/O link to MTConnect®, OPC and other software protocols.
The MERLIN Project Lead at Sun Hydraulics Corporation (NASDAQ: SNHY) stated, “At Sun Hydraulics, we are using MERLIN today as part of our ongoing process improvement effort to drive greater efficiency and have been very pleased with its features and the support we’ve received from MEMEX. After a presentation and demonstration of the new MERLIN Tempus, we are looking forward to implementing the next generation of MERLIN in our production facilities.”
Steve Fanning, CEO and President of Path to Progress stated, “At Path to Progress, we are very excited about being a MEMEX partner to build apps that can take full advantage of the new state-of-the-art MERLIN Tempus open and extensible platform.”
Dave Edstrom, CTO of MEMEX Inc., author of “MTConnect: To Measure Is To Know”, as well as former President and Chairman of the MTConnect Institute, stated, “it is important to understand that MERLIN Tempus and MERLIN Tempus EE are highly scalable, extensible and are open Manufacturing Execution System platforms. This is significant because it greatly simplifies and truly enables customers and partners to build upon the countless features and services MERLIN Tempus provides.”
With MERLIN Tempus and MERLIN Tempus EE, MEMEX is redefining what it means to truly know what is happening in your plant. MEMEX has long been recognized as the leader in both shop floor monitoring, as well as providing MTConnect software and hardware solutions for any piece of manufacturing equipment on the plant floor. Additionally, these new products will further differentiate MEMEX from the competition.
MEMEX’s entirely new software and hardware platforms build upon the success of the current award-winning MERLIN software suite and connectivity products, which has enabled manufacturers to achieve upwards of 50% increase in productivity, a 20% plus increase in profit based on a 10% increase in OEE, along with securing payback in less than four months which equates to an Internal Rate of Return greater than 300%.
David McPhail, CEO of MEMEX Inc., and Mr. Edstrom, will be in booth E3368 to discuss and demonstrate these new game-changing software and hardware solutions along with other MEMEX industry experts. Both Mr. McPhail and Mr. Edstrom were recognized as two of the top 30 Advanced Manufacturing Visionaries by Smart Manufacturing Magazine.
MEMEX, the developer of MERLIN, an award winning IIoT technology platform that delivers tangible increases in manufacturing productivity in Real-Time, is the global leader in machine to machine connectivity solutions. Committed to its mission of “Successfully transforming factories of today into factories of the future” and encouraged by the accelerating adoption and success of MERLIN, MEMEX is relentlessly pursuing the development of increasingly innovative solutions suitable in the IIoT era. MEMEX envisions converting every machine into a node on the corporate networks, thereby, creating visibility from shop-floor-to-top-floor. MEMEX, with its deep commitment towards machine connectivity, offers solutions that are focused on finding hidden capacity by measuring and managing Real-Time data. This empowers MEMEX’s customers to effectively quantify and manage OEE, reduce costs and incorporate strategies for continuous lean improvement. For more information, please visit:www.MemexOEE.com
David McPhail, CEO
Rashi Rathore, Marketing Specialist
Phone: 905-635-3040 ext 103
Sean Peasgood, Investor Relations