Memex to Present at Cantor Fitzgerald Technology Conference and Generates 800 Sales Leads from the IMTS Conference

September 17, 2014   Press Releases

Burlington, ON, Canada – September 17, 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 the Company will present at the Cantor Fitzgerald Technology Conference held at the St. Andrew’s Club & Conference Centre, Toronto, Tuesday September 23, 2014.

Memex substantially improved the Company’s sales pipeline at the International Manufacturing Technology Show (IMTS) during the week of September 8 – 13, generating more than 800 qualified sales leads.  IMTS is the largest manufacturing technology trade show in North America.  Held every two years, the 30th edition of IMTS attracted 114,147 registrants and 2,035 exhibiting companies from 112 countries. MERLIN, Memex’s MTConnect hardware and software solution, was featured 11 times by the trade press at IMTS.

“This was our most successful IMTS ever,” said David McPhail, CEO.  “Mazak, the world’s largest machine tool manufacturer, demonstrated MERLIN running live throughout their 800,000 square foot plant in Florence, Kentucky.”  Hundreds of major manufacturers witnessed a thorough demonstration of MERLIN at both the Mazak and Okuma booths.  Many said to McPhail that “if it can generate productivity similar to Mazak’s published improvements (+42% utilization, July 28, 2014, Automation.com), then that’s good enough for us”.

About Memex Automation Inc.

Memex Automation (TSX-V:OEE) is the leader of the measurement of Machine to Machine (M2M) productivity solutions and 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.  Okuma America Corporation, a world leader in CNC machine tools, announced in April that Memex Automation became a Partner in THINC. For more information, please visit: www.memex.ca.

Contacts:

Sales:
John Rattray, VP Sales and Marketing
Phone: 905-635-0590
Email: john.rattray@memex.ca

Investors:
Thomas Smeenk, VP Business Development
Phone: (905) 536-3138
E-mail: thomas.smeenk@memex.ca

Press:
Leanne Rattray, Marketing
Phone: 905-635-1540
Email: leanne.rattray@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.

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