Memex Inc. at SME AeroDef and American Manufacturing Summit

BURLINGTON, ON--(Marketwired - Mar 7, 2017) - Memex Inc. ("MEMEX") (TSX VENTURE: OEE) today announced that the Company will present its MERLIN Tempus IIoT software platform at SME's AeroDef conference in Fort Worth, Texas on March 7 and 8 and the American Manufacturing Strategies Summit in Chicago, Illinois on March 28 and 29.

"MEMEX is pleased to attend these important industry conferences to showcase MERLIN Tempus and share our vision for IIoT and smart manufacturing, extending our reach into our target client and prospect base," said CEO and President David McPhail. "We've had a lot of requests for MERLIN Tempus demonstrations, and these events will afford us the opportunity to showcase our solutions at two of the manufacturing industry's important annual events."

ABOUT SME AeroDef

AeroDef Manufacturing is the leading exposition and technical conference for the aerospace and defense manufacturing industry. Produced by the SME, in partnership with industry OEMs, its mission is to foster innovation across the extended enterprise to reduce costs, expedite production times and maintain manufacturing competitiveness in the global economy. AeroDef showcases the industry's most advanced technologies across an innovative floor plan designed to facilitate interaction and business relationships between exhibitors and buyers looking for integrated solutions. At AeroDef, the keynote speakers and panelists come from the highest level of government and business. They come to share their vision of the potential of technology, collaboration and public policy to transform manufacturing -- concepts that attendees can actually experience on the exposition floor and in the in-depth conference sessions. It's the one event that brings together high-concept, integrated solutions and real-world applications. For more information, visit http://aerodefevent.com/.

ABOUT American Manufacturing Summit

The American Manufacturing Summit is a leadership focused meeting designed around improving plant floor operations and manufacturing strategy across the globe. The Manufacturing Summit serves as an annual platform to exchange ideas around the impact of market dynamics and new technologies for current and future manufacturing, operations and supply chain leaders. This year's Summit creates an opportunity to examine key case studies around how workforce management, lean manufacturing, process improvement and automation are being rolled out in the world's best facilities. Join the in-depth discussions to build your road-map in achieving innovation, maximizing manufacturing profitability, optimizing plant floor operations and establishing standardization across multiple manufacturing facilities. For more information, visit http://manusummit.com/.

About MEMEX:

MEMEX was founded with a vision to improve the way automated machine and production equipment work and connect on the factory floor. Since then MEMEX has proved itself a pioneer in IIoT time and again. The company is committed to its mission of "successfully transforming factories of today into factories of the future" and envisions converting every machine into a node on the corporate network, creating visibility from shop-floor-to-top-floor. MEMEX is the developer of MERLIN, an award-winning IIoT technology platform that delivers tangible increases in manufacturing productivity in Real-Time. MEMEX's software and hardware IIoT solution enable customers to achieve tangible IIoT-centric business outcomes. The MERLIN software suite and connectivity products has enabled manufacturers to achieve upwards of a 50% increase in productivity and a 20%-plus increase in profit, on average. Additionally, customers have secured payback in less than four months, which equates to an Internal Rate of Return greater than 300 per cent. For more information, please visit: www.MemexOEE.com.