Frost & Sullivan Pick Memex Automation

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M2M Daily – November 6, 2013.  Memex Automation, [TSX-V:OEE], is a market leader of machine to management (M2M) communications, leading the Internet of Things for manufacturing, where machines of all types connect to management and objectively tell the humans how to increase production and income from operations. While it is estimated by ABI Research that 30 billion devices will be linked on the Internet by 2020, Memex is focused on a 64 million-machine slice of that market, the tier 1 to tier 3 manufacturing sector, globally. These segments of the discrete manufacturing sector require a wide range of applications, such as automotive, aerospace, piping, precision machining and defense manufacturing.

Based on its recent analysis of the machine monitoring systems market, Frost & Sullivan recognizes Memex Automation [TSX-V: OEE] with the 2013 North American Frost & Sullivan Award for Technology Innovation Leadership for its flagship product, Manufacturing Execution Real-time Lean Information Network (MERLIN). MERLIN is an integrated hardware and software product suite that enables lean manufacturing through management and monitoring of equipment efficiency. MERLIN pinpoints bottlenecks in machine cells in real time, allowing plant operators to extract optimum efficiency from each manufacturing process. MERLIN, shows the production management team how to increase productivity using the same equipment, labor and time. It delivers machine monitoring metrics as overall equipment effectiveness (OEE). MERLIN can be used with highly automated lines, such as robotic systems, or with legacy machines, helping lean teams root out process inefficiencies and human errors.

MERLIN bi-directionally connects the equipment on the shop floor with any enterprise resource planning (ERP) software. It can be easily integrated and installed using Microsoft standard software tools and an MS-SQL enterprise database, which can be mined enterprise-wide, and its data uploaded to other business intelligence tools.

MERLIN provides unrivaled value by increasing customers’ productivity levels and simultaneously reducing their downtime. Most customers report a 20 per cent to 50 per cent improvement in productivity, but in some cases, customers even reported productivity levels reaching 100 per cent.

Most importantly, Memex Automation is able to price its products almost 150 per cent to 200 per cent lower than the other competing products. This is made possible by MERLIN’s adoption of standardized machine-to-machine (M2M) communication protocols and software based on reliable database technologies.

Frost & Sullivan stated in its summation of MERLIN: “We are of the opinion that Memex Automation’s MERLIN solution is the best solution currently available on the market for the efficient management and monitoring of equipment efficiency in the manufacturing sector, equipping customers to best achieve their goals of reducing their operating costs by adopting standard M2M communication protocols.”

Memex Automation CEO, David McPhail believes, “if you can measure it you can manage it.” MERLIN enables companies to monitor and manage asset utilization, measure productivity and labor utilization, as well as assess capacity utilization of machines, cells, assembly areas, and the overall plant.

Each year, Frost & Sullivan Best Practices Awards recognize companies in a variety of regional and global markets for demonstrating outstanding achievement and superior performance in areas such as leadership, technological innovation, customer service, and strategic product development. Industry analysts compare market participants and measure performance through in-depth interviews, analysis, and extensive secondary research in order to identify best practices in the industry

Frost & Sullivan presents the award for Technology Innovation and Leadership to the company that has demonstrated uniqueness in developing a technology that significantly impacts both the functionality and the customer value of new products and applications. The award lauds the relevance of the innovation to the industry.

About Memex Automation, Inc.

Memex Automation [TSX-V:OEE] is the leader in real-time shop-floor-to-top-floor technology solutions. Memex’s flagship product MERLIN delivers Overall Equipment Effectiveness (OEE) metrics in real-time, enabling manufacturers to enhance production and increase income and profits from operations. Since 1992, Memex has partnered with 280 dealers worldwide to provide a variety of manufacturing connectivity products and services to over 12,000 customers globally. For sales information, call +1 (905) 635-1540, email salesgroup@memex.ca, or visit http://www.memex.ca

(submission from Memex Automation with content from the Frost & Sullivan announcement: “Memex Automation Receives Top Honors from Frost & Sullivan for its Cutting-Edge Lean Manufacturing Tool, MERLIN”)

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Frost & Sullivan Award for Memex Automation’s MERLIN

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November 4, 2013.  Memex Automation, a leader in real-time shop-floor-to-top-floor technology solutions, has been awarded the 2013 North American Frost & Sullivan Award for Technology Innovation Leadership for its flagship product, Manufacturing Execution Real-time Lean Information Network (MERLIN).

Based on its recent analysis of the machine monitoring systems market, Frost & Sullivan chose to recognize Memex Automation MERLIN – an integrated hardware and software product suite that enables lean manufacturing through management and monitoring of equipment efficiency.

MERLIN pinpoints bottlenecks in machine cells in real time, allowing plant operators to extract optimum efficiency from each manufacturing process. Its distinguishing feature is its high level of flexibility and interoperability. It can be used in any kind of manufacturing set-up and with any kind of machine – completely automated, semi-automated, and/or with legacy machines.

It bi-directionally connects the equipment on the shop floor with any enterprise resource planning (ERP) software. It can be easily integrated and installed using Microsoft standard software tools and an MS-SQL enterprise database, which can be mined enterprise-wide and its data uploaded to other business intelligence tools.

“MERLIN’s implementation time and costs are modest, and delivers significant value in the form of data analysis and visualization of capacity utilization,” said Frost & Sullivan Research Analyst Atin Angrish. “Succinct reports are provided automatically and directly from the shop floor to the management using predefined parameters, eliminating the need for manual data collection, analysis and delivery of results.”

MERLIN increases customers’ productivity levels and simultaneously reduces their downtime. It is claimed that most customers report a 20 per cent to 50 per cent improvement in productivity, but in some cases, customers even reported productivity levels reaching 100 per cent.

Most importantly, Memex Automation is able to price its products almost 150 per cent to 200 per cent lower than the other competing products. This is made possible by MERLIN’s adoption of standardized machine-to-machine (M2M) communication protocols and software based on reliable database technologies.

Angrish added:  “Memex Automation’s solution is innovative because it breaks away into three important directions which are different from the usual ‘patch-and-hack’ methods that are currently adopted by manufacturing firms.

“MERLIN offers a standardized machine-to-machine connection; a real-time standardized rationalization of the data from any asset to measure capacity utilization and a standardized software approach that bi-directionally and objectively integrates an individual machine’s data into the management’s information systems.”

Each year, Frost & Sullivan Best Practices Awards recognize companies in a variety of regional and global markets for demonstrating outstanding achievement and superior performance in areas such as leadership, technological innovation, customer service, and strategic product development. Industry analysts compare market participants and measure performance through in-depth interviews, analysis, and extensive secondary research in order to identify best practices in the industry.

For the full press release, please click here.

Memex Receives Award from Frost & Sullivan

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MOUNTAIN VIEW, USA: Tuesday November 5, 2013.   Based on its recent analysis of the machine monitoring systems market, Frost & Sullivan recognized Memex Automation with the 2013 North American Frost & Sullivan Award for Technology Innovation Leadership for its flagship product, Manufacturing Execution Real-time Lean Information Network (MERLIN).

MERLIN is an integrated hardware and software product suite that enables lean manufacturing through management and monitoring of equipment efficiency. MERLIN pinpoints bottlenecks in machine cells in real time, allowing plant operators to extract optimum efficiency from each manufacturing process.

MERLIN’s distinguishing feature is its high level of flexibility and interoperability. It can be used in any kind of manufacturing set-up and with any kind of machine – completely automated, semi-automated, and/or with legacy machines.

MERLIN bi-directionally connects the equipment on the shop floor with any enterprise resource planning (ERP) software. It can be easily integrated and installed using Microsoft standard software tools and an MS-SQL enterprise database, which can be mined enterprise-wide, and its data uploaded to other business intelligence tools.

“MERLIN’s implementation time and costs are modest, and delivers significant value in the form of data analysis and visualization of capacity utilization,” said Frost & Sullivan Research analyst, Atin Angrish. “Succinct reports are provided automatically and directly from the shop floor to the management using predefined parameters, eliminating the need for manual data collection, analysis and delivery of results.”

MERLIN provides unrivaled value by increasing customers’ productivity levels and simultaneously reducing their downtime. Most customers report a 20 percent to 50 percent improvement in productivity, but in some cases, customers even reported productivity levels reaching 100 percent.

For the full press release, please click here.

Memex Automation to Trade Under TSX Venture: OEE

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BURLINGTON, ON — (Marketwired – Oct 30, 2013) – Astrix Networks Inc., operating under the trade name Memex Automation, is pleased to announce that it has completed the previously announced reverse take-over of GPS Investment Corp. The resulting issuer has assumed the legal name of Astrix Networks Inc. and the business of Astrix Networks Inc. will continue to operate under the trade name Memex Automation. Upon receipt of final acceptance of the reverse take-over by the TSX Venture Exchange, the common shares of the post-reverse take-over Astrix Networks Inc. will commence trading on the TSX Venture Exchange under the trading symbol “OEE” (TSX VENTURE: OEE).

Astrix Networks Inc. has raised gross proceeds of $854,645.50 pursuant to its previously announced brokered and non-brokered private placement, the achievement of which was a prerequisite to the completion of the reverse take-over.

Memex Automation is the leader in real-time shop-floor-to-top-floor technology solutions. Memex’s flagship product MERLIN delivers Overall Equipment Effectiveness (OEE) metrics in real-time, enabling manufacturers to enhance production and increase income and profits from operations. MERLIN has earned the 2013 North American Frost & Sullivan Award for Technology Innovation Leadership. Since 1992, Memex has partnered with 280 dealers worldwide to provide a variety of manufacturing connectivity products and services to over 12,000 customers globally. For sales information, call +1 (905) 635-1540, email salesgroup@memex.ca, or visit http://www.memex.ca.

Share Capital Structure

The post-reverse take-over Astrix Networks Inc. now has 48,132,080 common shares outstanding. Of these: (i) 4,143,750 common shares are represented by the GPS Investment Corp. common shares that were outstanding prior to the completion of the reverse take-over and the Astrix Networks Inc. private placement; (ii) 35,441,875 common shares were issued in exchange for the common shares of Astrix Networks Inc. that were outstanding prior to the completion of the reverse take-over and the Astrix Networks Inc. private placement (i.e. such shares issued at a deemed price of $0.10 per share for aggregate deemed consideration of $3,544,187.50); and (ii) 8,546,455 common shares were issued pursuant to the Astrix Networks Inc. private placement (i.e. such shares issued at a deemed price of $0.10 per share for aggregate deemed consideration).

For the full press release, including the reader advisory and forward-looking statements, please click here

Memex Automation goes public, will trade on the TSX Venture Exchange

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BURLINGTON, Ont. – (Oct.31, 2013) – Astrix Networks Inc., which operates under the trade name Memex Automation, has completed its reverse take-over of GPS Investment Corp., acquiring 48,132,080 common shares and will commence trading publicly upon acceptance of the take-over by the Toronto Stock Exchange’s Venture Exchange.

A reverse merger takeover (reverse IPO) involves the acquisition of a public company by a private company to ensure the private company may bypass the lengthy process of going public. These deals usually require a reorganization of capital of the acquiring company.

“This deal gives us a public presense on the Venture Exchange and allows us access to the working capital we need to further develop strategic partnerships to bring our products worldwide,” said Dave McPhail, CEO of Memex Automation. “We’re part of a worldwide market, and this opportunity puts us in a position to lead that market.”

Memex develops real-time shop-floor-to-top-floor technologies. Its flagship product, MERLIN, offers overall equipment effectiveness (OEE) metrics in real-time to allow manufacturers to enhance their production through shop-floor data analysis. The product earned the 2013 North American Frost & Sullivan award for Technology Innovation Leadership.

The company also has strategic partnerships with Microsoft and tool builder Mazak. The latter has installed Memex’s automation system at its Florence, Ky. plant.

McPhail, who now maintains a 36% share in the company, says Memex will use a portion of the funds raised from the reverse IPO, which total more than $854,000, to hire up to four employees and to market its products. “We need to get our products into more people’s hands and show them the benefits of using them to uncover what they don’t know about their shop floors,” he says. “This capital will allow us to do that going forward.”

Since it opened shop in 1992, Memex has partnered with 280 dealers and has worked with more than 12,000 customers globally. McPhail, along with a group of private investors, acquired the company in 2008.