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Memex Partners with Caron Engineering

Ultimate machine tool automation technology pact: Memex Automation and Caron Engineering partner to provide real-time machine connectivity and monitoring with adaptive control

More than 16,000 machine tool customers worldwide can now measure productivity from the inside-out, and the outside-in with MERLIN and TMAC-MP

Wells, ME – November 12, 2013 – Caron Engineering Inc., a leader in tool monitor adaptive control, has signed a joint technology and marketing agreement with Memex Automation (TSX-V: OEE) to take advantage of Memex’s real-time machine connectivity and Overall Equipment Effectiveness (OEE) metrics. Together the two companies offer the world’s manufacturing plants unprecedented outside-in and inside-out control of machine tool productivity.

Memex Automation’s flagship product MERLIN is a Manufacturing Execution System application that tracks manufacturing operations bi-directionally from the Enterprise Resource Planning (ERP) work order to each machine’s detailed operations. MERLIN is able to connect to all machines on the shop floor using various protocols, MTConnect adapters or network connectivity devices. MERLIN tracks up to the second detail about every event at a machine, all automatically.

“What MERLIN does so well is to connect and monitor machine tools on the outside, and we do incredibly well on the inside of those tools,” said Rob Caron, Caron Engineering’s founder and President. “We offer Tool Monitoring and Adaptive Control (TMAC) for simultaneous operations on even the most complex CNC machines. Our 4,000 customers worldwide can now utilize MERLIN’s interface and connectivity to deliver TMAC-MP’s in-machine metrics from the shop floor right on up to the top floor of a manufacturing CEO’s office, mobile device, or anywhere else the Internet is readily available.”

“TMAC-MP uses specialized strain sensors and accelerometers to both measure and adjust vibration, tool condition, and a variety of other in-machine performance characteristics,” said Memex Automation’s CEO Dave McPhail. “On even the most complex, multi-tool CNC machines, such as Swiss type lathes and multitasking machines, Caron Engineering’s technology adjusts the machine internally in real time.”

“MERLIN now unites that internal information across the shop floor through hardware connectivity,” added McPhail. “Then MERLIN’s software dashboard presents TMAC-MP data along with the more than 400 Key Performance Indicators (KPIs) including machine tool downtime, rejects, job status on every machine in every plant, in addition to labor tracking. This is the ultimate machine tool automation technology pact that we want to introduce to our company’s 12,000 customers.”

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

About Memex Automation

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. 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.

About Caron Engineering

Founded in 1986, Caron Engineering, Inc. is an aggressive, energetic company where keeping current with today’s emerging technologies is not just a business, it’s a passion. Caron Engineering offers manufacturing and engineering companies a single source for the custom development, design and assembly of Tool Monitoring, Adaptive Control, Laser Tool Setting and Machine Tool Probing.  For more information about Caron’s products and services, contact the company at (207) 646-6071 send an e-mail to marketing@caroneng.com or visit the corporate company website at http://www.caroneng.com.

For more information, please contact:

Jill McCubbin

Conversation Architect

market2world communications inc.

Office: +1 (613) 256-3939

Email: jill@market2world.com

or

Dave McPhail

President and CEO

Memex Automation Inc.

Office : +1 (519) 993-1114

Email: davem@memex.ca

Memex Wins Frost & Sullivan Award

Memex Receives Top Honors from Frost & Sullivan for its Cutting-Edge Lean Manufacturing Tool, MERLIN

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

MOUNTAIN VIEW, Calif. — Monday, November 4, 2013 — Based on its recent analysis of the machine monitoring systems market, Frost & Sullivan recognizes Memex Automation Inc. [TSX-V: OEE] with the 2013 North American Frost & Sullivan Award for Technology Innovation Leadership for its flagship solution, Manufacturing Execution Real-time Lean Information Network (MERLIN). It is basically 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.

See: http://www.frost.com/prod/servlet/press-release.pag?docid=287321748

MERLIN’s distinguishing features is its high level of flexibility and interoperability; the solution can be used in any kind of manufacturing set up and with any kind of machine—completely automated, semi-automated, and/or 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 onto other business intelligence tools.

“MERLIN’s time and costs for set up are modest, and the system 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 reported a 20 percent to 50 percent improvement in productivity, but in some cases, customers even reported productivity levels reaching 100 percent.

Most importantly, Memex Automation is able to price its products almost 150 percent to 200 percent 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.

“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” noted Angrish. “MERLIN offers: 1) a standardized machine-to-machine connection; 2) a real-time standardized rationalization of the data from any asset to measure capacity utilization; and 3) a standardized software approach that bi-directionally and objectively integrates an individual machine’s data into the management’s information systems.”

MERLIN is mostly aimed at tier two and tier three companies.  Tier one companies typically already have integrated and interconnected plants in place and MERLIN can augment those systems with information directly from machines. Memex mainly focuses on the segments of the discrete manufacturing sector that requires a wide range of applications, such as automotive, aerospace, piping, precision machining and defense manufacturing.

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.

About Frost & Sullivan

Frost & Sullivan, the Growth Partnership Company, works in collaboration with clients to leverage visionary innovation that addresses the global challenges and related growth opportunities that will make or break today’s market participants.

Our “Growth Partnership” supports clients by addressing these opportunities and incorporating two key elements driving visionary innovation: The Integrated Value Proposition and The Partnership Infrastructure.

  • The Integrated Value Proposition provides support to our clients throughout all phases of their journey to visionary innovation including: research, analysis, strategy, vision, innovation and implementation.
  • The Partnership Infrastructure is entirely unique as it constructs the foundation upon which visionary innovation becomes possible. This includes our 360 degree research, comprehensive industry coverage, career best practices as well as our global footprint of more than 40 offices.

For more than 50 years, we have been developing growth strategies for the global 1000, emerging businesses, the public sector and the investment community. Is your organization prepared for the next profound wave of industry convergence, disruptive technologies, increasing competitive intensity, Mega Trends, breakthrough best practices, changing customer dynamics and emerging economies?

Contact:

Frost & Sullivan

Mireya Espinoza

P: 210. 247.3870

F: 210.348.1003

E: mireya.espinoza@frost.com

Or

Memex Automation Inc.

John Rattray

P: 905-635-0590

E: jrattray@memex.ca

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

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

Memex Automation to Trade Under TSX Venture: OEE

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

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.