Mr. Ed Crymble reports

MEMEX PARTNERS WITH PRODUCTION PROCESS THROUGH RECIPROCAL-RESELLER ARRANGEMENTS

Memex Inc. has entered into reciprocal reseller agreements with software developer Production Process. These arrangements will see Production Process, headquartered in Jacksonville Beach, Fla., add Merlin Tempus to its product offerings to its current and future scheduling software clientele, while Memex will promote Production Process's proven Dynamic Scheduling software solution to its customers and prospects.

Production Process intends to discontinue supplying their ProductionAce hardware and software and introduce their customers to the advantages offered by Memex's Merlin Tempus suite and connectivity components with integration to their scheduling application.

For Merlin Tempus users, adding the ability to schedule orders using Dynamic Scheduling's advanced algorithms will provide them the opportunity to maximize efficiency while receiving real-time updates and feedback.

Both Memex and Production Process will benefit from the expansion of their product offerings and broadening of their respective product footprints without the need for further investment in development. Sales and customer support cross-training is anticipated to be completed by the end of the calendar year and both sales teams will start offering the combined product catalogue early in 2024.

Management commentary:

"I see this partnership as a win for both Memex and Production Process customers who will be able to take advantage of this broadened manufacturing solution set," Production Process chief operating officer, Brad Vigrass, commented, "as well as a win for both our organizations. By tapping into each other's user bases we will be able to generate additional revenue with limited additional selling costs."

About Memex Inc.

Established in 1992, Memex grew to be an industry leader in industry Internet of things 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.