SOURCE: Memex Inc.

Memex Inc.

August 25, 2015 13:24 ET

Mazak Welcomes MEMEX to Its VIP Partner Program

FLORENCE, KY--(Marketwired - Aug 25, 2015) - Mazak Corporation recently named MEMEX Inc. (TSX VENTURE: OEE), the data-driven manufacturing technology vendor of the industrial-strength shop-floor-to-top-floor communications platform MERLIN, to its exclusive Value Inspired Partner (VIP) program. The announcement comes at a time when Mazak is paving the way in digital resource productivity via its iSMART Factory concept, an all-encompassing vision that harnesses the power of connectivity to optimize manufacturing operations at every level.

Mazak selects VIP partners that share its same forward-thinking approach to manufacturing. According to Brian Papke, president of Mazak Corporation, MEMEX makes the perfect VIP because Mazak knows first-hand how the company can help create factories of the future today. And, like Mazak, MEMEX believes in continuous innovation, boosting manufacturing productivity via digital interconnectedness and helping customers achieve the best possible competitive advantage. 

MERLIN plays a critical role in the iSMART Factory concept by allowing Mazak to monitor its productivity and overall equipment effectiveness metrics from anywhere in real-time. The MTConnect® open communications protocol works in conjunction with MERLIN to harvest the data from all the different production floor machines, cells, devices and processes.

As a VIP partner, MEMEX will continue to collaborate with Mazak on ways to continue to transform its iSMART Factory. The two companies will also work together to make data-driven manufacturing highly accessible to Mazak customers. This is especially beneficial in a time when talk of smart machines, in-depth software analytics and IIoT is giving rise to a new generation of innovative technologies that will transform the manufacturing paradigm within the next decade.

David McPhail, President & CEO of MEMEX, said, "We are very excited to have been selected by Mazak to join its VIP partner program, and see this as a great opportunity to collectively enhance the productivity and profitability of Mazak customers through the adoption of the iSmart factory initiative. We believe that the iSmart factory concept is the next logical step in the evolution of data driven manufacturing, enabling the factory of the future -- today." 

Launched in 2010 to provide customers with total manufacturing solutions, the Mazak VIP program brings together leading producers of complementary technologies for Mazak machines to create more innovative products and turnkey processes. By collaborating on R&D and integration efforts, the VIP program fosters a high level of cooperation and technological integration that moves well beyond individual pieces of equipment. The program also fuels development of comprehensive training solutions for manufacturers across all market segments.

To learn more about the highly selective Mazak VIP program and all of its VIP partners, please visit www.mazakusa.com/vip.

About Mazak Corporation

Mazak Corporation is a leader in the design and manufacture of productive machine tool solutions. Committed to being a partner to customers with innovative technology, its world-class facility in Florence, Kentucky, produces over 100 models of turning centers, Multi-Tasking machines and vertical machining centers, including 5- axis models. Continuously investing in manufacturing technology allows the Kentucky iSMART Factory to be the most advanced and efficient in the industry, providing high-quality and reliable products through its "Production-On-Demand" practice. Mazak maintains eight Technology Centers across North America to provide local hands-on applications, service and sales support to customers. For more information on Mazak's products and solutions, visit www.mazakusa.com.

About MEMEX INC.

Memex is a leading Industrial Internet of Things (IIoT) technology platform provider that connects to any machine and delivers real-time manufacturing productivity metrics. Industrial strength MERLIN software provides Overall Equipment Effectiveness (OEE) efficiency metrics in real time, from shop floor to top floor. MERLIN connects to any machine, old or new, utilizing MTConnect, other protocols or hardware adapters. The MERLIN magic delivers a 10% to 50% average productivity increase so that any manufacturer can achieve world-class standards of excellence. Based on just a 10% increase in OEE, customers see profit improvements of 20%-plus and payback in less than four months. 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.

Contact Information

  • Media Contacts

    MEMEX INC.
    Leanne Rattray
    Communications Specialist
    Phone: 905-635-1540 ext. 103
    Email: Email Contact

    David McPhail
    CEO
    Phone: 519-993-1114
    Email: Email Contact