Burlington, ON, Canada – May 4, 2015 – As the leaders of the worldwide manufacturing renaissance continue their push for plant efficiency improvements, Ontario-based Koss Aerospace, after a successful implementation of Memex Automation’s flagship software product, MERLIN, on select machines, is expanding to a plant-wide rollout. Astrix Networks Inc. (TSX-V:OEE) operates under the trade name Memex Automation.
Memex Automation’s software product, MERLIN, enables effective machine communication across the shop floor, speeds up production processes, and can increase machine utilization by an average of 10% to 50%. Plants using MERLIN are able to improve Income From Operations by as much as 60% with a payback in months.
Koss Aerospace implemented MERLIN on a few machines for an initial launch. “MERLIN makes everything straightforward” says David Cajic, Vice President of Koss Aerospace, in the May edition of Shop Metal Tech magazine. “Everyone can clearly see which areas are doing well, which need improvement, and which ones are doing poorly. It all becomes very black and white.” After the success of the initial launch on the first few machines, the Koss Aerospace team decided to expand the roll out to include all of the machines in the plant. “Even though we’re just getting rolling on this, we already have greater efficiency where the monitoring is in place. We are expecting great benefits from the new system when fully implemented in the shop.”
“Manufacturers are moving to data driven manufacturing and using machine-to-machine (M2M) connectivity tools to improve efficiencies in their operations and gain competitive advantages, especially in the aerospace sector where quality and performance are critical metrics.” said John Rattray, Memex Automation’s Vice President of Sales. “Aerospace companies are known for high efficiency and for doing extensive research. We are pleased that Koss Aerospace has joined other leading manufacturers like Magellan, Primus, COM DEV, PCC and Héroux-Devtek in recognizing MERLIN’s unique ability to bring machine-to-machine (M2M) connectivity from the shop floor to the top floor, driving cost competitiveness with superior machining processes.”
About Koss Aerospace:
Koss Aerospace is a Tier-1 manufacturer of structural aircraft components and assemblies, having over 35 years of experience serving commercial aerospace and defense customers worldwide. Koss Aerospace is a vertically integrated manufacturer with in-house capabilities for machining, processing and assembly resulting in a seamless integration of functions. For more information, please visit www.kossaerospace.com
About Memex Automation:
Memex Automation provides award winning software to measure Machine to Machine (M2M) productivity and Overall Equipment Effectiveness (“OEE”) in real-time. MERLIN (Manufacturing Enterprise Real-time Lean Information Network) generates OEE metrics for each machine in every plant. MERLIN is used by leading machine tool companies as a complete shop floor communications platform. For more information, please visit: www.memex.ca.
Media Contacts
Leanne Rattray, Communications Specialist
Phone: 905-635-1540 ext. 103
Email: leanne.rattray@memex.ca
David McPhail, CEO
Phone: 519-993-1114
Email: david.mcphail@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.
To see the full press release, please click here.
Proposed Private Placement for Memex Automation
/in Recent NewsBurlington, ON, Canada – May 14, 2015 – Astrix Networks Inc., operating as Memex Automation (TSX-V:OEE) (“Astrix,” “Memex” or the “Company”), proposes to complete a non-brokered private placement of up to 16,666,666 units at a price of $0.15 per unit for aggregate gross proceeds of up to $2,500,000 (the “Private Placement”). Each unit (a “Unit” is comprised of one common share in the capital of the Company (a “Common Share”) and one half warrant. Each whole Warrant comprised of two half warrants (a “Warrant”) entitles the holder to purchase one Common Share at a price of $0.25 per share at any time prior to 4:00 p.m. (MDT) on the date that is twenty-four months following the closing date of the Private Placement.
In connection with the private placement the Company has entered into an agreement with Primary Capital Inc. (“Primary”) whereby they will manage the Private Placement. The Company will pay finder’s fees on certain subscriptions to Primary and any other brokers, equal to 8% of the proceeds raised via brokers and issue broker warrants (the “Broker Warrants”) equal to 8% of the number of Units sold. Each Broker Warrant entitles the holder to purchase one Unit at a price of $0.15 at any time prior to 4:00 p.m. (EST) on the date that is twenty-four months following the closing date of the Private Placement. All securities issued are subject to a four-month hold period.
The Common Shares and Warrants issued in connection with the Private Placement will be subject to a four-month hold period from the closing date, as prescribed by the TSX Venture Exchange and applicable securities laws. The Private Placement may close in one or more tranches. The closing of the Private Placement is subject to receipt of subscription agreements from suitable investors and receipt of TSX Venture Exchange approval.
About Memex Automation:
Memex Automation provides award winning software to measure Machine to Machine (M2M) productivity and Overall Equipment Effectiveness (“OEE”) in real-time. MERLIN (Manufacturing Enterprise Real-time Lean Information Network) generates OEE metrics for each machine in every plant. MERLIN is used by leading machine tool companies as a complete shop floor communications platform. For more information, please visit: www.memex.ca.
Media Contacts
Leanne Rattray, Communications Specialist
Phone: 905-635-1540 ext. 103
Email: leanne.rattray@memex.ca
David McPhail, CEO
Phone: 519-993-1114
Email: david.mcphail@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.
To see the full press release, please click here.
FM Industries purchases MERLIN solution from Memex Automation (TSX-V: OEE)
/in Press ReleasesBurlington, ON, Canada – May 13, 2015 – As the leaders of the worldwide manufacturing renaissance continue their push for plant efficiency improvements, California-based FM Industries has purchased the machine tool productivity software solution MERLIN, from Astrix Networks Inc. (TSX-V: OEE), operating under the trade name Memex Automation.
Memex Automation’s flagship software product, MERLIN, enables effective machine communication across the shop floor, speeds up production processes, and can increase machine utilization by an average of 10% to 50%. Plants using MERLIN are able to improve Income from Operations by as much as 60% with a payback in months.
FM Industries has installed MERLIN as part of their first phase of a possible multi-phase project. “Driven by our dedication to continuous improvement, we surveyed the marketplace and solicited input from our manufacturing partners to identify the leading shop floor communications platform to drive our data driven manufacturing initiatives” said Mark Filice, Director of Engineering and Information Technology.
“The precision machining sector values accuracy, which is where the MERLIN solution excels, as it provides excellent data” said John Rattray, Memex Automation’s Vice President of Sales. “Advanced machine monitoring solutions utilize the MTConnect standard for data driven manufacturing, harnessing the power of MERLIN’s ability to bring machine-to-machine (M2M) connectivity from the shop floor to the top floor.”
About FM Industries:
FM Industries is a leading contract manufacturer of precision components and assemblies for the semiconductor equipment industry. With 4 plants and well over 100 CNC machines, they are recognized as a premier solutions provider, specializing in build to print, precision machined components, engineered thermal spray coatings, anodization and thermal sprayed electrostatic chucks. FM Industries provides its customers with leading-edge support from prototype to production and a progressive approach in solving the most difficult of challenges. For more information, please visit www.fmindustries.com
About Memex Automation:
Memex Automation provides award winning software to measure Machine to Machine (M2M) productivity and Overall Equipment Effectiveness (“OEE”) in real-time. MERLIN (Manufacturing Enterprise Real-time Lean Information Network) generates OEE metrics for each machine in every plant. MERLIN is used by leading machine tool companies as a complete shop floor communications platform. For more information, please visit: www.memex.ca.
Media Contacts
Leanne Rattray, Communications Specialist
Phone: 905-635-1540 ext. 103
Email: leanne.rattray@memex.ca
David McPhail, CEO
Phone: 519-993-1114
Email: david.mcphail@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.
To see the full press release, please click here.
Industrial B&S of Mexico has purchased the MERLIN solution from Memex Automation (TSX-V: OEE) and will install plant-wide
/in Press ReleasesBurlington, ON, Canada – May 7, 2015 – Driving plant efficiency improvements for manufacturing, Mexico-based Industrial B&S has purchased the machine tool productivity software solution MERLIN from Astrix Networks Inc. (TSX-V: OEE), operating under the trade name Memex Automation, to install plant-wide. The company hopes that this will be a showcase site for the Mexican marketplace, as so many companies in this region embrace leading edge manufacturing techniques.
Memex Automation’s flagship software product, MERLIN, enables effective machine communication across the shop floor, speeds up production processes, and can increase machine utilization by an average of 10% to 50%. Plants using MERLIN are able to improve Income From Operations by as much as 60% with a payback in months.
Industrial B&S is installing MERLIN throughout its entire plant which consists of 25 machines. “Industrial B&S is a leader in manufacturing in Mexico and has seen that similarly the MERLIN system from Memex is a leader in monitoring machines so as to enable data driven manufacturing optimizing operations” said José Luis Benitez Rodriguez, Director.
“Mexico is a growing manufacturing area and our customers in this region look to see the latest techniques in data driven manufacturing at showcase companies like Industrial B&S” said John Rattray, Memex Automation’s Vice President of Sales. “Advanced machine monitoring solutions utilize the MTConnect standard and this showcase facility in Mexico will highlight the power of MERLIN’s unique ability to bring machine-to-machine (M2M) connectivity from the shop floor to the top floor.”
About Industrial B&S
Industrial B&S, in the industrial city of Torreon Coahuila, Mexico, is a leader in the metalworking industry. Utilizing first class machines for laser cutting, plasma cutting, turning and milling for small to medium pieces accurately, they specialize in auto parts and manufacturing components for heavy equipment with the highest quality. For more information, please visit: www.industrialbs.mx
About Memex Automation:
Memex Automation provides award winning software to measure Machine to Machine (M2M) productivity and Overall Equipment Effectiveness (“OEE”) in real-time. MERLIN (Manufacturing Enterprise Real-time Lean Information Network) generates OEE metrics for each machine in every plant. MERLIN is used by leading machine tool companies as a complete shop floor communications platform. For more information, please visit: www.memex.ca.
Media Contacts
Leanne Rattray, Communications Specialist
Phone: 905-635-1540 ext. 103
Email: leanne.rattray@memex.ca
David McPhail, CEO
Phone: 519-993-1114
Email: david.mcphail@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.
To see the full press release, please click here.
Koss Aerospace implements the MERLIN Solution from Memex Automation (TSX-V: OEE) plant-wide
/in Press ReleasesBurlington, ON, Canada – May 4, 2015 – As the leaders of the worldwide manufacturing renaissance continue their push for plant efficiency improvements, Ontario-based Koss Aerospace, after a successful implementation of Memex Automation’s flagship software product, MERLIN, on select machines, is expanding to a plant-wide rollout. Astrix Networks Inc. (TSX-V:OEE) operates under the trade name Memex Automation.
Memex Automation’s software product, MERLIN, enables effective machine communication across the shop floor, speeds up production processes, and can increase machine utilization by an average of 10% to 50%. Plants using MERLIN are able to improve Income From Operations by as much as 60% with a payback in months.
Koss Aerospace implemented MERLIN on a few machines for an initial launch. “MERLIN makes everything straightforward” says David Cajic, Vice President of Koss Aerospace, in the May edition of Shop Metal Tech magazine. “Everyone can clearly see which areas are doing well, which need improvement, and which ones are doing poorly. It all becomes very black and white.” After the success of the initial launch on the first few machines, the Koss Aerospace team decided to expand the roll out to include all of the machines in the plant. “Even though we’re just getting rolling on this, we already have greater efficiency where the monitoring is in place. We are expecting great benefits from the new system when fully implemented in the shop.”
“Manufacturers are moving to data driven manufacturing and using machine-to-machine (M2M) connectivity tools to improve efficiencies in their operations and gain competitive advantages, especially in the aerospace sector where quality and performance are critical metrics.” said John Rattray, Memex Automation’s Vice President of Sales. “Aerospace companies are known for high efficiency and for doing extensive research. We are pleased that Koss Aerospace has joined other leading manufacturers like Magellan, Primus, COM DEV, PCC and Héroux-Devtek in recognizing MERLIN’s unique ability to bring machine-to-machine (M2M) connectivity from the shop floor to the top floor, driving cost competitiveness with superior machining processes.”
About Koss Aerospace:
Koss Aerospace is a Tier-1 manufacturer of structural aircraft components and assemblies, having over 35 years of experience serving commercial aerospace and defense customers worldwide. Koss Aerospace is a vertically integrated manufacturer with in-house capabilities for machining, processing and assembly resulting in a seamless integration of functions. For more information, please visit www.kossaerospace.com
About Memex Automation:
Memex Automation provides award winning software to measure Machine to Machine (M2M) productivity and Overall Equipment Effectiveness (“OEE”) in real-time. MERLIN (Manufacturing Enterprise Real-time Lean Information Network) generates OEE metrics for each machine in every plant. MERLIN is used by leading machine tool companies as a complete shop floor communications platform. For more information, please visit: www.memex.ca.
Media Contacts
Leanne Rattray, Communications Specialist
Phone: 905-635-1540 ext. 103
Email: leanne.rattray@memex.ca
David McPhail, CEO
Phone: 519-993-1114
Email: david.mcphail@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.
To see the full press release, please click here.
Lynch Fluid Control has placed an order for the MERLIN solution from Memex Automation
/in Press ReleasesBurlington, ON, Canada – April 29, 2015 – As the leaders of the worldwide manufacturing renaissance continue their push for plant efficiency improvements, Mississauga, Ontario-based Lynch Fluid Control has placed an order for the machine tool productivity software solution, MERLIN, for their entire plant from Astrix Networks Inc. (TSX-V: OEE), operating under the trade name Memex Automation.
Memex Automation’s flagship software product, MERLIN, enables effective machine communication across the shop floor, speeds up production processes, and can increase machine utilization in the range of 10% to 50%. Plants using MERLIN are able to improve Income From Operations by as much as 60% payback in months.
“Manufacturers all over North America are moving to data driven manufacturing and using machine-to-machine (M2M) connectivity tools to improve efficiencies in their operations and gain competitive advantages.” said John Rattray, Memex Automation’s Vice President of Sales. “Memex’s MERLIN software is considered to be the leading solution to collect data automatically from machines and we are pleased that industry leader Lynch Fluid Control has joined other forward thinking manufacturers such as Mazak, Héroux-Devtek, Mahle and Overton Chicago Gear in recognizing MERLIN’s unique ability to connect the shop floor to the top floor.”
About Lynch Fluid Control
Lynch Fluid Control is a state of the art manufacturing company that designs, manufactures and exports manifolds, valve systems, electronics and hundreds of thousands of custom manifolds. Lynch has one of the largest hydraulic engineer teams in North America, providing hydraulic manifolds to industries such as automotive, aerospace, mining, plastics, logging, military etc., and has the ability to export its products to over 50 companies, making up 50% of the company’s revenues. For more information, please visit www.lynch.ca
About Memex Automation:
Memex Automation provides award winning software to measure Machine to Machine (M2M) productivity and Overall Equipment Effectiveness (“OEE”) in real-time. MERLIN (Manufacturing Enterprise Real-time Lean Information Network) generates OEE metrics for each machine in every plant. MERLIN is used by leading machine tool companies as a complete shop floor communications platform. For more information, please visit: www.memex.ca.
Media Contacts
Leanne Rattray, Communications Specialist
Phone: 905-635-1540 ext. 103
Email: leanne.rattray@memex.ca
David McPhail, CEO
Phone: 519-993-1114
Email: david.mcphail@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.
To see the full press release, please click here.