Matrikon signs with major Australian coal producer to deliver process information management system
| Highlights |
Matrikon’s Process Information Management System (PIMS) solution provides improved quality and timeliness of reporting, tools for fast and flexible analysis of process data and instant access to production information
Project will encompass at least 4 major coal mining sites across the east coast of Australia and be implemented over the next 18 months
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Edmonton, Alberta – October 16, 2007
Matrikon (TSX:MTK) today announced that one of Australia’s leading coal producers has selected Matrikon to provide a PIMS solution as they had identified the critical need for standard production reporting across their different mining sites. This PIMS will provide instant access to production information and essentially provide the business with the ability to make informed decision based on data which maintains its integrity, is true and accurate.
Currently, the company relies heavily on manually entered spreadsheets to manage, track and report operations. Matrikon’s PIMS solution provides automation for accurate monitoring and reporting on the coal production process. The solution includes Matrikon Downtime Reporter together with Matrikon Production Manager, which are designed specifically for downtime reporting, production accounting, materials management and train management requirements. Matrikon™ Operational Insight, which enables a seamless interface, provides a management dashboard and web-based reporting for the real-time data historian. Matrikon Alarm Manager which optimizes alarm system performance to improve plant safety, productivity and profitability.
Through the use of the Train Management component of Matrikon™ Production Manager, Matrikon has also been selected to provide automation for the Train Load Out (TLO) systems allowing operator-free coal loading at two sites.
“We are delighted to have been selected by this major coal mining company to provide a corporate standard solution for their plant information system” said Sam Crisafulli, Managing Director of Matrikon’s Asia Pacific operations. “Our extensive experience in the coal mining industry was a key factor in being awarded this contract”
About Matrikon
Matrikon is a leading provider of integrated industrial intelligence solutions that enable manufacturing plants to achieve operational excellence by transforming production data into knowledge to predict and prevent problems and optimize operations. Matrikon's customers achieve agile operations through the combination of external market and plant data to make informed, intelligent decisions in real-time. With offices in major cities throughout North America, Australia, Europe and the Middle East and a global client base including industry leaders in a wide range of process industries, Matrikon's reach is global.
For more information, contact:
Nicole Sayler
Investor Relations Manager
780-945-4010
email: nicole.sayler@matrikon.com