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| Press Release

MEMEX to Unveil MERLIN Performance Management Model at IMTS 2018

BURLINGTON, ON / ACCESSWIRE / September 12, 2018 / MEMEX Inc. ("MEMEX" or the "Company") (TSX-V: OEE) unveiled its MERLIN Performance Management Model (MPMM) this week at the International Manufacturing Technology Show (IMTS) 2018, in Chicago. MEMEX is located at booth 133368.

Building upon the power of MERLIN Tempus, MPMM is a measurement framework that quantifies the effectiveness of a Data-Driven Manufacturing strategy on identified organizational objectives.

"By adding MEMEX's MPMM to our product portfolio, we now offer manufacturers a comprehensive start-to-end Data-Driven Manufacturing solution," says David McPhail, CEO & President, MEMEX Inc.

About MEMEX Inc.:

Established in 1992, MEMEX grew to be an industry leader in Industry Internet of Things (IIoT) through the development of MERLIN Tempus, an award-winning platform that delivers real-time, tangible increases in manufacturing productivity. MEMEX is on the leading edge of industry trends in computing power, machine connectivity, industry standards, advanced software technology, and manufacturing domain expertise.

Our persistent pursuit of innovative IIoT solutions led to a comprehensive understanding of the challenges manufacturers face. We made it our mission to, "successfully transform factories of today into factories of the future.” As the global leader in Machine to Machine (M2M) connectivity solutions, our hardware and software products create unparalleled visibility at all levels, from “Shop-Floor-to-Top-Floor."

The MERLIN Tempus Suite provides effective quantification and management of Overall Equipment Effectiveness (OEE) by revealing hidden capacity using real-time objective data. Further, it offers sustainable benefits that enable world-class OEE such as reducing costs, incorporating strategies for continuous LEAN improvement, and boosting bottom-line financial performance. For more information, please visit: www.MemexOEE.com

For inquiries please contact:

Sean Peasgood, Investor Relations
647-977-9264
sean@sophiccapital.com


Rashi Rathore, Marketing Manager
905-635-1540
investor.relations@memexOEE.com

David McPhail, President & CEO
905-635-1540
investor.relations@memexOEE.com


SOURCE: Memex Inc.



View source version on accesswire.com:
https://www.accesswire.com/511564/MEMEX-to-Unveil-MERLIN-Performance-Management-Model-at-IMTS-2018

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