BURLINGTON, ON--(Marketwired - Dec 12, 2013) - Astrix Networks Inc. (TSX VENTURE: OEE), operating under the trade name Memex Automation, is honored to welcome legendary inventor, entrepreneur and angel investor Richard E. ("Dick") Morley to the company's Board of Directors.
"There are a few inventors who are considered an equivalent to Edison or Einstein," stated David McPhail, CEO of Memex Automation. "As the inventor of the programmable logic controller (PLC), ABS brakes, computer floppy disk, and holder of 30 other patents, Dick is one such individual," said McPhail.
Winner of the Business Week Entrepreneur of the Year Award (1990), and namesake of the Richard E. Morley Society of Manufacturing Engineers Outstanding Young Manufacturing Engineer Award, Morley grew up on the streets of New York (Queens), before starting a family with Shirley, whom he was married to for 50 years.
When asked why he joined the Company as a Director, Morley said: "It is about time that CNC machines join the concept of Supervisory Control And Data Acquisition (SCADA), in an efficient manner. This team brings the tools, technology and understanding to connect every machine to management in real-time, showing them how to make more money. I like MERLIN because it is an ideal asset manager. On a personal note, it sounds like fun: change the world, again!"
The Company's flagship product, MERLIN, delivers Overall Equipment Effectiveness (OEE) metrics in real-time, enabling manufacturers to enhance production and increase income and profit from operations.
When asked about the similarities of MERLIN, compared to SCADA systems, Morley commented: "Deciding how to make the manufacturing process better by knowing more is a key element. Although my physics training states that causality is a weak function, it is not a weak function in the factory! The difference with this company is that they offer a packaged toolkit that helps manufacturers make more production and income. Their customers are measuring ROI in weeks, which means it works."
About the company
Operating under the trade name Memex Automation, Astrix Networks Inc. (TSX VENTURE: OEE) is the leader of 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. Frost & Sullivan awarded MERLIN its 2013 Technology Innovation Leadership Award. 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 offer it on their price list.