Forum provides the insight that forms Matrikon's strategic direction and confirms the value that Matrikon technology is delivering across a variety of industrial sectors
St. Louis, Missouri - August 28, 2003-Matrikon Inc. (TSX: MTK) is pleased to announce the successful completion of the second annual meeting of the Matrikon industry board of direction. The industry board includes visionaries from Matrikon's customer base, including AmerenUE, The BOC Group, BP, Marathon Ashland, NOVA Chemicals, Noranda CEZinc, Suncor Energy and other world leaders in a variety of industries.Members of Matrikon's industry board provide insight into the key needs and priorities in their industry for technology and their expectations of a technology partner.
The meeting's theme, "Matrikon, Leading with Industry" illustrates the purpose of the meetings as well as the commitment of Matrikon's executive to work with industry to develop the best solutions for web-based real-time information systems and controls technologies for collaboration and decision-making to increase plant profitability and global competitiveness.AmerenUE, a founding member of the board, hosted the meetings and offered an on-line showcase of Matrikon technologies in use at their power plants. AmerenUE is recognized as an industry leader in the use of technology to lower costs, recently implementing Matrikon solutions for proactive maintenance and real-time decision support to increase the reliability of their generating units.
Chuck Naslund, AmerenUE Vice President of Power Operations, launched the industry board meeting, commenting on the role technology has played in Ameren's success. "Technology gives us the power to move data into action." Using technology, AmerenUE increased its production capacity by 30%, without capital expenditures." It was a pleasure to see Matrikon solutions in action, and to see the value they are delivering to a broad spectrum of industries and organizations as a critical part of their operations," stated Nizar J. Somji, president and CEO of Matrikon.
"The industry board is one way of ensuring that we share a common vision with industry, enabling us to deliver the technology they need - now and in the future." About Matrikon Inc.Matrikon is a leading provider of technology that delivers solutions for industrial agility and through innovation, is shaping the future of industrial plants. Our technology enables plants to achieve operational excellence by transforming production data into knowledge to predict and prevent problems and optimize operations.
Our 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 and the Middle East and a global client base including industry leaders in a wide range of manufacturing and process industries, Matrikon's reach is global.For more information, contact:Nicole SaylerPhone: 780-945-4010 [email protected]
