Memex Automation to start trading on the TSX Venture as “OEE” Friday, November 1, 2013

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BURLINGTON, ON–(Marketwired – Oct 31, 2013) –  Astrix Networks Inc., operating under the trade name Memex Automation, is pleased to announce that, following the issuance by the TSX Venture Exchange of its bulletin announcing TSX Venture Exchange final acceptance of the reverse take-over of GPS Investment Corp. by Astrix Networks Inc., its shares will commence trading on the TSX Venture Exchange under the trading symbol “OEE” at the opening of trading on Friday Nov. 1, 2013.

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.

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.

Contact Information

For more information, please contact:

Jill McCubbin
Conversation Architect
market2world communications inc.
Office: +1 (613) 256-3939
Email Contact

or

Dave McPhail
President and CEO
Memex Automation Inc.
Office : +1 (905) 635-1536
Email Contact

Frost & Sullivan awards MERLIN leadership in Machine Monitoring

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Frost & Sullivan presents the Growth, Innovation & Leadership Awards each year to companies that are predicted to encourage significant growth in their industries, have identified emerging trends before they became the standard in the marketplace, and have created advanced technologies that will catalyze and transform industries in the near future.  Industry analysts compare market participants and measure performance through in-depth interviews, analysis and extensive secondary research in order to identify best practices.

Memex Automation has won the 2013 Frost and Sullivan Best Practices award for Machine Monitoring Systems.

Dave and Pauline with the Frost & Sullivan Award for Machine Monitoring

David McPhail & his wife Pauline receiving the award September 2013.

Click here to see the full list of companies who have been recognized as winners for contributing to their respective industries in terms of growth, innovation, and leadership.
Ask your Memex Dealer or Sales Representative for a copy of the Frost & Sullivan final published report.

Value of MES in real dollars $15,000 per machine, every year.

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Imagine increasing profit $15,000 per machine, sustained every year.  We can do it.

Modern Machine Shop’s “Top Shops” benchmarking survey, 2012 shows immense value for the use of an MES system.  Critical findings of the survey:

“The average gross sales for the Top Shops were 14 percent higher than the other shops.”

“The Top Shops achieve higher spindle utilization and faster setup times because they put a good deal of thought into optimizing shop floor processes and practices.”

“These shops are also more likely to implement continuous improvement strategies to become more effective as well as lean manufacturing concepts to become more efficient.”

Top Shops had a 12.6% better OEE metric than average shops.  A 10% improvement in OEE (capacity utilization) will increase IFO 22% (from the book: “Overall Equipment Effectiveness: A Powerful Production/Maintenance Tool for Increased Profits”, Robert C. Hansen, Pgs 47-56).

Memex’s MERLIN MES is a tool that allows your organization to achieve these results!

The value of MERLIN, using actual KPI measurements to your operation, is significant:

  • A +10%-20% increase in OEE is achieved by our customers following installation, typically within 12 weeks.
  • Using an average of $302,066 in annual revenue per machine and average profitability of 18.9% (Modern Machine Shop, Top Shops – Benchmark Your Machining Business, 2012, page 24*) a conservative 10% increase across 90 machines translates to +$2.7 Million per year increase in revenue and +$500,000 in profit.
  • This means, by machine, a +$30,206 increase in revenue and a $12,000 to $15,000 increase in profit.
  • At a conservative 10% increase in efficiency the breakeven is typically 3-5 months.
  • ROI of 100% in the first 12 months based on profit, or approaching 1,000% when factoring in increased revenue!

*Sponsored by AMT, the survey covered more than 500 manufacturing facilities.

MES is one of the best strategic drivers to obtain a competitive advantage in the manufacturing landscape improving profitability, reducing waste, and ensuring compliance with regulations.  The top 5 summary reasons are here.  For more detail, including ROI analysis tools and Lean Roadmap tools call Memex directly.

1) An MES system should be the highest priority project as it is more important than a capital equipment acquisition.  The value of an MES is significant to the stakeholders of a company far surpassing any other ROI.

2) Plant wide efficiency improvements greater than 10% are normal and drive a company to significant success.

3) Profitability is exponentially improved and sustained every year.

4) ROI typically of 100% in the first 12 months based on profit, a payback typically in the 3-5 months range.

5) Every day a company waits to implement an MES is lost profits that cannot be re-covered.

Shop Floor to Top Floor Information- in Real Time

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By automating the information flow, you can manage productivity in real-time, and increase your profitability overall.  There is immediate visibility of production status and comprehensive data collection.

Celebrating 20 Years!

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Memex Automation is proud to celebrate 20 years of providing innovative automation solutions and delivering results that exceed expectations. Thank you to our clients, vendors, partners and staff for helping make Memex a huge success!