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MEMEX Inc. to Unveil and Demonstrate MERLIN Financial Overall Equipment Effectiveness (FOEE)™, MERLIN DNC and MERLIN Continuous Improvement Professional Services

BURLINGTON, ON–(Marketwired – Sep 14, 2016) – Memex Inc.(“MEMEX”) (TSX VENTURE:OEE) announced today it will be unveiling and demonstrating two new modules to the MERLIN open platform — MERLIN Financial Overall Equipment Effectiveness (FOEE) and MERLIN DNC. MEMEX is also introducing MERLIN Continuous Improvement Professional Services (CI-PS) at the International Manufacturing Technology Show (IMTS) in Chicago.

It is a fact that most manufacturers are totally in the dark in terms of knowing in real-time if they are making or losing money on a given machine tool, shift or plant. Now with the introduction of MERLIN FOEE, we address this critical issue by combining OEE with financials.

Bob Hansen, long time manufacturing consultant and author of OVERALL Equipment “Effectiveness – A Powerful Maintenance/Production Tool For Increased Profits”, stated, “while OEE is an excellent metric, the truth is OEE tells you nothing about your profitability or more important, your potential profitability and this why I created Financial Overall Equipment Effectiveness. MERLIN FOEE is a new tool for leadership teams to visualize hourly profit contribution by product on constraint machines versus world class performance results. Key components of FOEE information can improve prioritization of product /machine scheduling, re-order Continuous Improvement projects, and reset sales and marketing strategies for better cash flow and higher profits. What is the value of an accelerating competitive advantage such as FOEE? Priceless.”

John Rattray, VP of Sales for MEMEX, stated, “FOEE is a game-changer because it provides the ability to visualize real-time financial profit contribution on a per machine/product basis giving management the ability to direct teams with the information to drive profitable scheduling and machine utilization.”

David McPhail, President and CEO for MEMEX, stated, “We acquired the rights to FOEE because we knew that this will completely change analytics for manufacturing. Imagine knowing in real-time if you are making or losing money at any given standalone machine tool or at any one of your plants. What was only a dream in manufacturing, is now a reality with MERLIN FOEE.”

The Direct/Distributed Numerical Control (DNC) market has been flat in terms of growth. With the full embrace of platforms such as MEMEX’s MERLIN this has caused countless manufacturing plants and shops to re-evaluate their DNC solutions. MEMEX made a strategic decision to purchase Dostek in 2015 because of their exceptional reputation in the industry.

Doug Struthers, MEMEX DNC Architect, stated, “After 30 years at Dostek, I joined MEMEX for one primary reason — to create the most comprehensive, flexible, easy to use and easy to troubleshoot DNC software using the MERLIN platform. This was my opportunity to take my many decades of DNC experience to create the absolute best DNC software. MERLIN DNC will absolutely cause manufacturing to rethink their entire DNC strategy.”

The key high-level steps for successful implementation of Management Execution Systems (MES) such as MERLIN Tempus are measure, monitor and manage. Nigel Southway, international consultant, coach for Operational Continuous Improvement & LEAN Thinking and author of CYCLE TIME MANAGEMENT… Fast Track to Productivity Improvement, stated, “we have developed the MERLIN Continuous Improvement Professional Services (CI-PS) program to couple the power of the MERLIN Tempus platform with a comprehensive implementation process that enables organizations to embrace the CI culture. Utilizing time-tested, integrated templates, reporting methodology and advanced problem solving tools the MERLIN CI roadmap drives productivity improvement to achieve benchmark operating effectiveness.”

About MEMEX:
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.

Media Contact

Memex Inc.:

David McPhail, CEO

Phone: 519-993-1114

Email: david.mcphail@MemexOEE.com

 

Rashi Rathore, Marketing Specialist

Phone: 905-635-3040 ext 103

Email: Rashi.Rathore@MemexOEE.com

 

Investor Relations

Sean Peasgood, Investor Relations

Phone: 416-565-2805

Email: Sean@SophicCapital.com

MEMEX @ Cisco Live 2016

Cisco Live Las Vegas is the destination for the education and inspiration you need to thrive in the world of digital business. Join thousands of technology innovators, IT visionary thought leaders and Cisco Partners, including MEMEX Inc. for a transformational experience that includes more than 1,000 education sessions, and numerous opportunities to build the connections that will fuel your personal and professional growth. The event offers:
  • five days of sessions and specialty programs on topics such as Cloud, Collaboration, Data Center, Mobility, Network Infrastructure, Security, SP, and SDN.
  • explore the latest solutions from Cisco and the industry’s top vendors in the World of Solution
  • Validate your skills with a free Cisco Certification exam.

Venue: Cisco Live, 3950 S Las Vegas Blvd, Las Vegas, Nevada 89119
Date: July 10 – 14, 2016
Time: 10:00 am – 5:00 pm Daily

Learn more about Cisco Live

Register for Cisco Live

David McPhail at OptiSaw West

David McPhail will be presenting at OptiSaw West. OptiSaw is a time-effective and affordable learning and networking opportunity for those driving the future of sawmilling in your operation. The focus is on the future of optimization and automation in our industry, including challenges and opportunities on the cutting edge of this side of the industry.

Date & Time: Tuesday, 14 June 2016 from 8:30 AM to 3:30 PM (PDT)

Venue : Sheraton Vancouver Airport Hotel
7551 Westminster Highway
Richmond, BC V6X 1A3
Canada

For further information and registration click here 

 

MEMEX Inc. Leadership Recognized Amongst Top 30 Advanced Manufacturing Visionaries

BURLINGTON, ON–(Marketwired – May 12, 2016) – MEMEX Inc. (TSX VENTURE: OEE) is excited and proud to announce that Society of Manufacturing Engineers (SME), in its inaugural issue of Smart Manufacturing magazine, has recognized David McPhail, CEO of MEMEX Inc., and Dave Edstrom, CTO of MEMEX Inc., amongst the top 30 Advanced Manufacturing Visionaries.

According to Smart Manufacturing Magazine, the top 30 Advanced Manufacturing Visionaries list is a representation of who’s who in the smart manufacturing world. They all have made significant contribution towards developing tools and techniques that have made the Industrial Revolution 4.0 a reality.

Smart Manufacturing magazine recognizes David McPhail, CEO of MEMEX Inc. for his relentless work towards creating solutions that help North American manufacturers solve tangible issues such as efficiency and sustainability of manufacturing operations. Adding further to the delight of MEMEX Inc., Smart Manufacturing magazine also applauds the work of Dave Edstrom, CTO of MEMEX Inc., in the field of developing MTConnect® an open, royalty-free standard to get information from machinery applications to enable increased productivity.

“Both Dave and I are really honored to be a part of this esteemed list, not just as individuals but also as developers of MERLIN, the Industrial Internet of Things (IIoT) communication platform that promises manufacturing excellence,” says David McPhail, CEO of MEMEX Inc. “Visionaries create the window into the future but it is the strength and dedication of their team that turns those ideas in reality. MEMEX Inc. as a team is in the business of taking our visions and turning them into revolutionary IIoT products.”

About MEMEX Inc.

MEMEX Inc., 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 rapid 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 network, 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.

Contact Information
Media Contact
MEMEX Inc.:
David McPhail, CEO
Phone: 519-993-1114
Rashi Rathore, Communication Coordinator
Phone: 905-635-3040 ext 103

Another Win for MEMEX — Sun Hydraulics Corp. Adopts MERLIN

SARASOTA, FL–(Marketwired – May 13, 2016) – MEMEX Inc. (TSX VENTURE: OEE) is proud to announce that Sun Hydraulics Corp. (NASDAQ: SNHY) has issued a Purchase Order for an additional 89 of their machines to be equipped with MERLIN MES Enterprise Edition software.

Sun Hydraulics arrived at this decision after experiencing the optimization opportunities offered by MERLIN during a pilot in which MERLIN was installed on 11 of their machines. The 100 machine multi-plant roll-out is phase 1 of a larger IIoT initiative to ensure efficiency and profitability of operations at Sun Hydraulics Corp.

“Recognition of the value that MERLIN creates by industry leaders like Sun Hydraulics Corp. pushes MEMEX towards developing more innovative solutions that successfully transform factories of today into factories of the future,” says David McPhail, CEO MEMEX.

About Sun Hydraulics Corp.

Sun Hydraulics is a leading designer and manufacturer of high-performance screw-in hydraulic cartridge valves and manifolds that control force, speed and motion as integral components in fluid power systems.

From its inception in 1970 and a public company since 1997, Sun sells its products globally, primarily through independent distributors, to diverse markets of mobile and industrial equipment and machinery manufacturers. Sun has been committed to being the leader in its field. They offer products that advance customers’ businesses, improving the safety and performance of the machinery in which they are used.

About MEMEX Inc.

MEMEX Inc., 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 rapid 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 network, 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.

Contact Information
Media Contact
MEMEX Inc.:
David McPhail, CEO
Phone: 519-993-1114
Rashi Rathore, Communication Coordinator
Phone: 905-635-3040 ext 103

Two New Devices Focus on Securely Accessing Data in Legacy Machines

April 202016 | Brett Brune | Smart Manufacturing magazine

A trio of Mazak, Memex and Cisco is beginning to sell SmartBox, a device meant to securely manage manufacturing data—information on axes, spindles, temperatures, cutting times, downtimes and part counts, for starters—culled from machines that have been laboring in a sort of silence for decades. At the same time, a pairing of Forcam and Wago plans to release a similar device it calls the PFC100 Industrial MTConnect device before July.

SmartBox uses I/O links to connect machines and produces MTConnect code in real time. It can use an adapter board from Memex and must be connected to a Cisco router, John Rattray, VP of sales and marketing at Memex, said in an interview with Smart Manufacturing magazine at the MC2 conference in Dallas. It can also use Memex’s factory- and machine-shop-floor-monitoring software, Merlin, to map existing signals and analyze and correlate the data so shops and plants can use it to improve productions.

Companies in the aerospace, defense and medical industries welcome the Cisco router requirement because it assuages their network security concerns, he added.

“We’re talking about IP connections in terms of Ethernet connections,” Rattray said. “You don’t need to have all the security in there to make the connection work. However, one customer of ours, DP Tool in New York, had experienced a situation where a guy who was maintaining a machine put in a USB stick into it and a virus on this USB stick spread to the company’s manufacturing network and whole admin network. It cost the company an enormous amount of effort and grief to get that fixed. You can run without security switches. But smart manufacturers are recognizing we need to secure and lock down our shop floor networks.”

The SmartBox has a “level three” managed switch that will shut the device down automatically if a USB stick comes its way or someone unplugs a particular Ethernet connection, Rattray added.

The emerging device from Forcam and Wago has a combined MTConnect adapter and agent inside the device, as well as a built-in security firewall for cybersecurity, Forcam USA Inc. CEO Mohamed Abuali said. He demonstrated a simulation model at MC2, saying it cost less than the trio’s device.

The Forcam/Wago product will cost less than $1,000, he said. And the Mazak/Memex/Cisco device will cost $4,000 on the low end but could be used on four machines, Mazak President Brian Papke said.

Companies using legacy CNCs will soon be able to choose between bolting their new data-retrieving device together with a Cisco network router or a “quicker solution that can connect to any network,” Abuali said. “The alternative [to these two options] is you have to retrofit the machine and upgrade the controller, which can cost thousands of dollars. In many cases, you cannot even retrofit.”

Both devices are intended to help manufacturers around the world connect their machines securely to a network. About 14.5 million machines still lack connectivity, Rattray said.

Of course, the idea is to then analyze the data to make the best decisions possible about manufacturing and machining processes. And some of those decisions can be made without human involvement, to be sure: “For instance, if a temperature sensor starts to rise above a threshold limit, the machine can send an alert and notify people before it fails,” he added.

Merlin lets companies “take data and make it manageable,” said Papke, who serves on the board for MTConnect. Otherwise, companies end up with “digital exhaust.”

“Forcam wants to define real-time production—from any machine of any age,” Abuali said. “That’s a critical state.”

Memex Chief Technology Officer Dave Edstrom is “very pleased to see more of these type boxes come out—because, as the saying goes, a rising tide lifts all ships,” he said.

But he couldn’t stop himself from making a quick comparison with the offering from Forcam/Wago: “The integration of what Mazak is doing with the SmartBox, with Memex and Cisco—making it easier to connect—will resonate very well with manufacturing. You don’t have to sell someone on Memex’s ability to connect anything. And you don’t have to sell anyone on Cisco’s ability to network a lot of devices together and do it securely. So that’s why we think SmartBox is a game-changer.”

Click here to read the complete article

Memex Inc. (OEE) has Products Revolutionizing the Industrial Internet of Things

Stephen L Kanaval |

Overall Equipment Effectiveness is maybe not a phrase you hear that often, but if you manage a shop or a work site, you know exactly what it means. It means that your machines on your floor are running at peak performance. Memex Inc. (OEE) understands this so well that they made it their stock symbol. So, how does Memex do this? The company has created a manufacturing execution system called MERLIN OEE. The MERLIN OEE system is connected directly to the machines on the floor and offers live results and a constantly updating dashboard of metrics. Memex’s MERLIN OEE is all about a company using the machines that they have and making them better by finding the hidden areas of profit loss.

The creation of this unique system has allowed Memex to have four straight quarters of revenue growth. Meme produced a gross margin of $375,000, which was 27% higher than the same quarter in 2015 (cited from press release here). The industrial internet of all things is coming, and if you read Equities.com frequently you know that there are disruptive products out there. Memex is one of these companies that understands how to bridge the last twenty years with the next fifty years. The MERLIN OEE takes older machines and adapts them with software and shows areas where the machine can be improved. These analytics can save companies a lot of money. As a matter of fact here is what Memex says about that:

MERLIN delivers a 10%-50% average productivity increase, and earns 20%-plus profit improvement based on just a 10% increase in OEE. It consistently achieves payback in less than four months with an Internal Rate of Return (IRR) greater than 300%, and connects to any machine, old or new, utilizing native MTConnect, other protocols or MERLIN hardware adapters for older machines

Memex has important alliances with Cisco and Mazak. In addition, the MERLIN OEE has been proven in plants like Milwaukee Tool, Magellan Aerospace, Aero Pacific, and many more. And just think, there are over 16 million Computerized Numerical Control (CNC) machine tools installed world wide, what do you think Memex could do for all those companies with its machine monitoring software?

DISCLOSURE: The views and opinions expressed in this article are those of the authors, and do not represent the views of equities.com. Readers should not consider statements made by the author as formal recommendations and should consult their financial advisor before making any investment decisions. To read our full disclosure, please go to: http://www.equities.com/disclaimer

 

To see the article please click here

MEMEX @ Mfg4

Mfg4 is the most efficient way for you to see and evaluate the latest Aerospace, Defense, and Medical manufacturing technologies The aerospace, defense, and medical device industries share similar challenges: long project lifecycles, stringent regulations, mission-critical quality control, and a vital need for advanced manufacturing technologies.

Attending Mfg4 2016 provides a unique opportunity to explore the methods and products that are working in these industries and discover how they can be adapted and implemented within your operation. Collaborate with suppliers who already understand the challenges your firm faces and have proven solutions you can put to use immediately.

Nearly every hour on the show floor, professional presentations will provide important insights into each featured industry. Attend keynotes presented by industry leaders and hear how the technologies on the exhibit floor are tackling production issues in innovative ways during the Information Interchange

Attend the MEMEX sponsored smart manufacturing panel along with hearing from industry leaders on topics vital to industry manufacturers, network with peers and find ideas and solutions you didn’t even know you needed.

Meet up with MEMEX representative and discover what the Brilliant Factory means for you along with the tools you need to plan and execute successful strategies for your own digital factory of the future.

Date: 3rd – 5th May, 2016

Time:  Tuesday, May 3

10:00 a.m. – 5:00 p.m.

Wednesday, May 4

10:00 a.m. – 5:00 p.m.

Thursday, May 5

10:00 a.m. – 4:00 p.m

Venue: Connecticut Convention Center

100 Columbus Boulevard

Hartford, CT 06103

 

Learn more about Mfg4

Register for Mfg4

Smarten Up

April 2016, Machine Metrics | Quality, Kip Hanson

When I started on the shop foor, machine tools were dumb. Communication levels weren’t determined by protocols or baud rates but by which machinist could yell the loudest. NC programs were loaded from paper tape, tool offsets made with a hammer, and part quality results recorded on handwritten forms.

What a change a few decades make. Today’s technology allows shops to monitor virtually every aspect of production, from what tools were changed yesterday to how many minutes the spindles sat idle last week to what jobs are running on which machines right now. So much has changed, in fact, that some say the next industrial revolution, or Industry 4.0, is upon us.

Getting everyone on the same page

One proponent of this revolution is David McPhail, president of industrial communications platform provider Memex Inc., in Burlington, ON, who counts Mazak Corp. among key global customers for the company’s flagship product, Merlin. McPhail points to data driven manufacturing and the Industrial Internet of Things (IIoT) as two examples of the technology companies can leverage to improve productivity and part quality, if only they have the will to overcome fear of the unknown.

“Change of any kind is hard, especially when people don’t understand the technology behind it,” he says. “But when someone thinks to themselves, ‘if I don’t do anything, then there’s no risk,’ it brings about the worst kind of paralysis. Manufacturing companies must learn to embrace technology if they are to gain a competitive advantage.”

Those advantages are numerous. Lights out production, shorter lead times, improved tool life—the list goes on. One often-overlooked benefit of integrated machine communication is better part quality, says McPhail.

Click here to read more: Smarten Up