We could not find any results for:
Make sure your spelling is correct or try broadening your search.
Register to chat with like-minded investors on our interactive forums.
| Share Name | Share Symbol | Market | Type |
|---|---|---|---|
| Memex Inc | TSXV:OEE | TSX Venture | Common Stock |
| Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
|---|---|---|---|---|---|---|---|---|---|---|
| 0.00 | 0.00% | 0.005 | 0.005 | 0.005 | 0 | 01:00:00 |
From Jun 2019 to Jun 2024
BURLINGTON, ON--(Marketwired - Apr 16, 2014) - Astrix Networks Inc. (TSX-VENTURE: OEE) operating under the trade name Memex Automation Inc., the global leader of manufacturing Machine-to-Machine (M2M) productivity solutions, is pleased to announce that Toronto-based Club Coffee, a food industry leader since 1906, has purchased $106,000 of Memex's flagship product MERLIN.
MERLIN delivers Overall Equipment Effectiveness (OEE) metrics in real-time, enabling manufacturers to increase rates of production and increase income from plant operations.
"MERLIN enables Club Coffee to understand the root causes of machine downtime and how to convert unutilized time into production," said David McPhail, CEO. "This should signal to food processors and the sector that MERLIN can increase the efficiency of their operations by monitoring their machines in real-time and increasing overall profitability."
About Club Coffee
Capitalizing on its 100-year history as a trusted business partner, Club Coffee's goal is to be the leading, high quality, custom coffee roaster in North America. The company's customer list includes some of the largest and most respected names and brands in the retail and food service sectors. Club Coffee takes great pride in the fact its customers entrust them with their brands. For more information, please visit www.clubcoffee.ca.
About Memex Automation Inc.
Memex Automation (TSX-VENTURE: OEE) is the leader of manufacturing Machine to Machine (M2M) productivity solutions and the measurement of Overall Equipment Effectiveness ("OEE") in real-time. OEE is the measurement of plant-wide capacity utilization. MERLIN (Manufacturing Enterprise Real-time Lean Information Network) generates OEE enterprise-wide, machine by machine. On April 15, 2014, PEM awarded the Company the 2013 Plant Engineering & Maintenance Award for Best Company Under 50 Employees. Frost & Sullivan awarded MERLIN its 2013 Technology Innovation Leadership Award for Machine Monitoring. Microsoft picked MERLIN to be its mid-market ERP machine connectivity solution. Mazak, North America's largest original equipment manufacturer of machine tools, purchased MERLIN to manage its plant and now offers it on its price list. Okuma America Corporation, a world leader in CNC machine tools, announced in April 2014 that Memex Automation became a Partner in THINC. For more information, please visit: 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.
For more information, please contact: Memex Automation Inc. John Rattray VP Sales and Marketing Phone: 905-635-0592 Email: Email Contact market2world communications inc. Jill McCubbin Conversation Architect Office: 613-256-3939 Email: Email Contact Investor Cubed Inc.: Alan Huycke President Phone: 647-258-3311 E-mail: Email Contact
1 Year Memex Chart |
1 Month Memex Chart |
It looks like you are not logged in. Click the button below to log in and keep track of your recent history.
Support: +44 (0) 203 8794 460 | support@advfn.com
By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions
Hot Features
Premium
