BURLINGTON, ON--(Marketwired - Sep 8, 2016) - Memex Inc. ("MEMEX" or the "Company") (TSX VENTURE: OEE) is proud to announce
that it will be unveiling and demonstrating an array of world-class Industrial Internet of Things (IIoT) software and hardware
platforms at the International Manufacturing Technology Show (IMTS) in Chicago, between September 12th to the
17th.
With these announcements, MEMEX is redefining what it means to truly know what is happening in your plant. MEMEX has long
been recognized as the leader in both shop floor monitoring, as well as providing MTConnect software and hardware solutions for
any piece of manufacturing equipment on the plant floor.
Doug Bellin, Global Lead for Manufacturing and Energy Industries at Cisco, stated, "Since early 2015, Cisco has been working
closely with MEMEX on IIoT security solutions based on MTConnect. Cisco is excited about the upcoming announcements at IMTS 2016.
This further demonstrates MEMEX's global leadership and their ability to connect all devices on the plant floor, using Cisco's
secure networking solutions, thereby turning that raw data into secure actionable information for the operator, plant manager and
CxO to use to improve manufacturing productivity."
New Product Announcements at IMTS 2016
On Monday September 12th, 2016 MEMEX will unveil MERLIN Tempus™ and MERLIN Tempus Enterprise Edition
(EE). MERLIN Tempus is an open and extensible Manufacturing Execution System (MES) platform which offers the next generation
of tools such as dynamic easily configurable dashboards and advanced reporting along with many other manufacturing analytical
capabilities that enable time-saving execution of continuous improvement initiatives using Real-Time and historical data.
Developed using state-of-the-art software engineering technologies, MERLIN Tempus delivers green-light metrics and analytical
capabilities to effectively reduce downtime while increasing throughput and profits. MERLIN Tempus EE extends the
capabilities of MERLIN Tempus with full Overall Equipment Effectiveness (OEE) and integrated job scheduling. MERLIN Tempus EE
creates an opportunity for a dramatic increase in OEE based on accurate Real-Time information collected using a true
shop-floor-to-top-floor communication network connecting all machines, old and new.
On Tuesday September 13th, 2016 MEMEX will introduce the MTC-One. MEMEX has established itself as the company that
addresses "the last meter" and leaves no machine behind when it comes to legacy connectivity on the plant floor. The MTC-One is
the "Swiss army knife" hardware device for legacy machine connectivity enabling any machine on the plant floor to become
MTConnect® capable.
On Wednesday September 14th, 2016 MEMEX will introduce MERLIN Financial Overall Equipment Effectiveness™ (FOEE™),
MERLIN DNC and MERLIN Continuous Improvement (CI) Professional Services (PS). The holy grail for manufacturing is not simply
knowing how effective a specific machine tool or the entire plant is, but rather it is knowing both the effectiveness
and the profitability or loss of any given machine tool as well as the entire plant. MERLIN DNC is a reinvention of
DNC fitting to current software and hardware platforms with the emphasis on ease of use and feature capabilities. MEMEX
CI-PS is a new and much needed service where MEMEX consultants will assist customers in achieving the highest possible in-plant
productivity using the MERLIN platform.
Dave Edstrom, CTO of MEMEX Inc., author of "MTConnect: To Measure Is To Know", as well as former President and Chairman of the
MTConnect® Institute, stated, "These announcements at IMTS 2016 represent years of research and development
investment. We will be demonstrating and delivering state-of-the-art technologies with industry leading features that will
further distance MEMEX from its competition."
MEMEX's entirely new software and hardware platforms are built upon the success of the current award-winning MERLIN software
suite, which has enabled manufacturers to achieve upwards of 50% increase in productivity, a 20% plus increase in profit based on
a 10% increase in OEE, along with securing payback in less than four months which equates to an Internal Rate of Return greater
than 300%.
David McPhail, CEO of MEMEX Inc., and Mr. Edstrom, will be in booth E3368 to discuss and demonstrate these new game-changing
software and hardware along with other MEMEX industry experts. Both Mr. McPhail and Mr. Edstrom have been recognized as two of
the top 30 Advanced Manufacturing Visionaries by Smart Manufacturing Magazine.
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. For more information, please visit: www.MemexOEE.com