MEMEX Bolsters Senior Management Team With Nathan Rudyk as Vice President of Marketing

BURLINGTON, ON–(Marketwired – November 25, 2015) -MEMEX Inc. (TSX VENTURE: OEE) is pleased to announce that Nathan Rudyk, a Canadian software and digital communications technology veteran, has joined its senior management team as Vice President of Marketing.

As past President of market2world communications inc., Rudyk consulted to MEMEX for five years and led the company’s recent renaming and rebranding effort. His multi-decade career spans senior positions at firms including Databeacon Inc. (acquired by Cognos Inc.), and digIT Interactive Inc. (acquired by nurun Inc., a subsidiary of Quebecor Inc.). On a consulting basis, he has provided e-business strategy, public relations, product launch and branding services to knowledge-based enterprises including IBM Canada Ltd., Microsoft Canada Co., Cognos Inc., JetForm Corp., Intelligent Community Forum, Startup Canada, Ontario Technology Corridor and National Research Council Canada.

An active participant in the Canadian technology scene, Rudyk also served on the Board of the Information and Technology Communications Council, was a regular commentator on CTV’s TechNow program, an Internet columnist for Ottawa’s CBC Radio show Ottawa Morning, contributed a chapter to “The Entrepreneurial Effect” selected by Prof. James Bowen with a forward by Terry Matthews, and received a Top 40 Under 40 award from the Ottawa Business Journal.

“The MEMEX team has transformed manufacturing productivity for just over 100 customers around the world with its MERLIN communications platform, and I am thrilled to come aboard,” said Rudyk. “The Industrial Internet of Things is a major opportunity, and thousands of manufacturers deserve the return on investment MERLIN offers.”

“Nathan bolsters our senior management team just as MEMEX has reached triple-digit velocity with 155% year over year revenue growth for our third quarter ended June 30, and has established major MERLIN sell-through partnerships with Mazak Corp. Cisco and Okuma America Corp.,” said David McPhail, CEO of MEMEX. “Through his consulting work with our company we already consider him part of our team. Now his full-time job is to help us sell and tell our story in a consistent, compelling way that both customers and investors can understand and act on.”

About the Company

MEMEX Inc. 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.memexOEE.com

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