Memex Automation to Release the MTConnect Agent Configuration Tool (MTCACT) in Open Source

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Burlington, ON, Canada – April 28, 2015 – Astrix Networks Inc. (“Astrix”), operating as Memex Automation (“Memex”) (TSX-V: OEE), the global leader of manufacturing M2M productivity software and world-wide leader in MTConnect, the open and royalty free interconnectivity standard for manufacturing, has released the world’s first MTConnect Agent Configuration Tool – MTCACT – in open source – that is easy to use and is extensible.

For the first time in history, there is now a software tool that addresses one of the most complicated and time consuming aspects of MTConnect – creating, configuring and validating the multiple files needed for a successful MTConnect deployment. Memex invested significant development resources in creating this game changing tool for the MTConnect and manufacturing community and is giving it away in open source for the world to use and to enhance. The MTConnect agent is the key piece of MTConnect software that acts as a universal translator between a piece of manufacturing equipment, such as a machine tool or a sensor, and the applications that turn MTConnect data into meaningful information.

Memex Chief Technology Officer, Dave Edstrom, stated, “Memex Automation has addressed an absolutely huge need in the world of MTConnect. The challenge with any standard that connects a wide variety of devices are the behind the scenes tools that makes life much easier for those who to create and deploy a given standard. MTCACT stands for MTConnect Agent Configuration Tool and has been a tool that we have relied upon to make the lives of our employees and partners exponentially easier by taking time and complexity out of deploying MTConnect. This has been a goal of mine going back to 2006 when Dr. David Patterson and I created the MTConnect vision.”

Memex President and Chief Executive Officer, David McPhail, stated, “We have been huge supporters of MTConnect and are recognized globally as the thought leaders in both MTConnect and connecting the shop floor to the top floor. By releasing MTCACT to the world, we continue to give back to help drive not only MTConnect, but plant productivity around the globe. We decided to release MTCACT at [MC]2 2015 because this is the premier MTConnect Conference.

MCTACT – MTConnect Agent Configuration Tool:

MTConnect is a registered trademark of AMT – The Association for Manufacturing Technology. For more information on MTCACT and where to get the source code and executable software, please go to:
www.memex.ca/product/mtconnect-agent-configuration-tool-mtcact

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.

Astrix Networks Appoints Primary Capital as Financial Advisor

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Burlington, ON, Mar. 20 2015 – Astrix Networks Inc. (“Astrix”), operating as Memex Automation (“Memex”) (TSX VENTURE: OEE), the global leader of manufacturing M2M productivity software, has appointed Primary Capital Inc. (“Primary”) of Toronto, Ontario as a financial advisor to provide Astrix with general financial and capital markets advice for a term of 18 months.

In consideration of such services, Primary could be issued by Astrix up to 2,500,000 common shares, subject to TSX Venture Exchange approval, if certain contracted milestones are achieved. Primary may also earn a fee of 2% of gross proceeds if an acceptable public offering is completed within the term of the contract.

About Primary Capital Inc.

Primary is an exempt market dealer in Ontario, British Columbia, Alberta, and Quebec. Primary provides financial and capital markets advice, as well as assistance on capital raises, to Canadian-based growth companies. For more information, please visit www.primarycapital.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.

Memex Automation (TSX-V: OEE) qualifies for up to $800,000 in funding from FedDev Ontario

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Burlington, ON, Canada – March 19, 2015 – Astrix Networks Inc. (“Astrix”), (operating as Memex Automation (“Memex”) (TSX-V: OEE), the global leader of manufacturing Machine to Machine (M2M) productivity software, has qualified for up to $800,000 in Government of Canada funding directed specifically towards the continued development of its flagship product, MERLIN (Manufacturing Enterprise Real-time Lean Information Network) software. The funding announcement took place today at the company’s Burlington head office in a joint press conference with Minister of State for the Federal Economic Development Agency for Southern Ontario, Gary Goodyear, and local Burlington Member of Parliament, Mike Wallace, along with senior company executives.

The Government of Canada’s repayable contribution, through FedDev Ontario’s Investing in Business Innovation (IBI) initiative, is aimed at strengthening the innovation ecosystem in southern Ontario by supporting new entrepreneurs, early-stage businesses and angel investors.

IBI provides a repayable contribution of up to one-third of eligible costs of a project. A key element to the Memex Automation’s qualification for this initiative was the successful completion of its $2 million non-brokered private placement completed last August, representing two-thirds of the project cost. The company will be responsible for repaying all funds advanced without interest commencing in 2017.

“Advanced technologies are increasingly being adopted by our manufacturers as they seek to improve their competitiveness,” said Gary Goodyear, Minister of State for FedDev Ontario. “This investment is an example of how our Government is helping manufacturers stay in the region to create new jobs and foster innovation.”

“Memex Automation is changing how manufacturers operate by providing ways to maximize the efficiency of existing machines on the shop floor,” said Mike Wallace, Member of Parliament for Burlington. “Our Government is proud to support this innovative technology that will help businesses in such a key sector of our economy.”

“We are grateful for the support from the Government of Canada’s Investing in Business Innovation initiative from FedDev Ontario” said David McPhail, President and CEO of Memex Automation.  “Memex Automation is a high-growth company that is adding knowledge-based jobs in Canada while we transform the productivity of global manufacturing firms with our shop-floor-to-top-floor communications technology. This important funding will be invested in accelerating the development and world-wide customer adoption of our MERLIN (Manufacturing Enterprise Real-time Lean Information Network) software solution.”

About FedDev Ontario:

The Government of Canada’s Federal Economic Development Agency for Southern Ontario (FedDev Ontario) delivers programs and services to help create, retain and grow businesses, cultivate partnerships and build strong communities. FedDev Ontario’s programming is designed to support a strong southern Ontario economy and position the region to compete globally. For more information, please visit www.FedDevOntario.gc.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.

Astrix Surpasses $500,000 in Sales for its First Quarter of Fiscal 2015

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Burlington, ON, Canada – February 26, 2015 – Astrix Networks Inc. (“Astrix”), operating as Memex Automation (“Memex”) (TSX-V: OEE), the global leader of manufacturing M2M productivity software, released its financial results and operational highlights for the quarter ended December 31, 2014.

For the first time in its history, Astrix surpassed the half-million dollar mark in quarterly sales with a total of $501,178 for the latest period, ended December 31, 2014.  This compares with total sales of $207,000 in the prior quarter, and $157,000 in the same quarter of the prior year, increases of 142% and 219% respectively.  The company also saw its highest quarterly gross margin since inception at $334,000.

Company President, David McPhail, provides comment on Astrix achieving this milestone. “We are pleased with the increase in the customer adoption rate of our technology, reflected in the Q1-2015 sales numbers. Revenues include new MERLIN customers as well as additional follow on revenue from our existing MERLIN customers. Total revenue for the quarter just completed is the highest Astrix has experienced thus far.”

About Memex Automation:

Astrix Networks Inc., (TSX-V:OEE), 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.

1.25 Million Share-options Issued to Senior Management Team

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Burlington, ON, Canada – February 25, 2015 – Astrix Networks Inc. (“Astrix”), operating as Memex Automation (“Memex”) (TSX-V: OEE), the global leader of manufacturing M2M productivity software, approved at its last Board Meeting, February 23, 2015, the granting of a total of 1.25 million share options to its five member senior management team, 250,000 to each member.  The share options are exercisable at a price of $0.15 per share and vest over the next three years, with half vesting on February 23, 2017 and the remaining half vesting on February 23, 2018. The share options expire on February 23, 2020.

About Memex Automation:

Astrix Networks Inc., (TSX-V:OEE), 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.