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Matrikon, Inc. News
Matrikon, Inc. News & Product Announcements
Read about the latest news, products, mergers, and acquisitions in the automation, process control, and instrumentation industries for Matrikon, Inc..
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Get the latest Matrikon, Inc. news headlines sent to your desktop as soon as they are published on Automation.com. Simply drag the corresponding RSS icon to your news aggregator (RSS reader) or copy the link and paste it in your reader.
Choose and click on a headline below to read the entire article:
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Matrikon to install inventory management system at ENMAX
- 08/10/10 Matrikon will configure and implement its IBM Maximo solution to help ENMAX reduce equipment breakdowns, cut maintenance costs and improve efficiency. |
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Honeywell to Acquire Matrikon
- 05/13/10 Matrikon will be integrated into Honeywell Process Solutions, part of Honeywells Automation and Control Solutions business group. |
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Matrikon announces industry-specific data delivery devices
- 05/04/10 Gateways combine assured data delivery, connectivity and secure access control in a simple, low-maintenance device. |
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Mobile Equipment Monitor goes live at southwest U.S. mine
- 04/15/10 An unnamed mining company deployed Matrikons Mobile Equipment Monitor to monitor the performance of heavy mobile equipment at its mine site. |
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Matrikon releases results for the second quarter
- 04/07/10 Second quarter revenue was $22.76 million compared to $19.66 million in Q2-09 and $25.45 million in Q1-10. |
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Matrikon to supply Control Performance Suite software to BASF
- 02/16/10 Matrikon Deutschland entered a license agreement with BASF for all production facilities worldwide to integrate and use Matrikons Control Performance software. |
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Matrikon to supply oil field monitoring solution to Statoil
- 01/11/10 Matrikon will supply a Well Performance Monitor, an Equipment Condition Monitor, and tools for collaboration and workflow management. |
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Matrikon buys out its India partner
- 11/11/09 Matrikon purchased the remaining 51% of Matrikon-SoftDEL India Private Limited for CAN$575,000. |
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Matrikon announces Analytics Excel Reporter
- 09/09/09 Analytics Excel Reporter makes creating Excel reports from live and historical data easy. |
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Matrikon acquires Australian integration and automation company
- 09/01/09 Matrikon acquired Integration Automation and Control for AUD$1.65 million in cash for all issued and outstanding shares of IAC plus the value of the net assets of the company on September 1, 2009. |
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Matrikon to use Wurldtech testing and certification
- 05/18/09 Wurldtech will develop test suites and a certification standard for MatrikonOPCs OPC Tunneller and OPC Server for Triconex. Wurldtech will certify the products as Achilles Level 1 Certified. |
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Matrikon announces Wind Asset Monitor
- 05/04/09 Wind Asset Monitor allows wind farm operators to monitor, maintain, analyze and improve their equipment and asset performance in real-time. |
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Matrikon announces Q2 results
- 04/19/09 Second quarter revenue was $19.66 million compared to $19.44 million in Q2-08 and $19.58 million in Q1-09. |
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Matrikon clarifies trading halt and management cease trade order
- 04/16/09 Matrikon had trading in its shares halted by the Investment Industry Regulatory Organization of Canada prior to market open as a result of an administrative error. |
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Matrikon reports revenue down in first quarter
- 01/14/09 Revenue for the first quarter, which ended November 30, 2008, was $19.58 million compared to $20.16 million in Q4-08. |
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Matrikon releases Q4 and FY 2008 results
- 11/05/08 For FY-08, Matrikon posted revenue of $80.03 million, an increase of 9% from FY-07. Net income increased to $9.10 million from a loss of $220,000 in FY-07. |
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Matrikon to use design engineers from India
- 07/15/08 Matrikon entered into a joint entity agreement with Indias SoftDEL Systems to support Matrikons product development initiatives and provide project consulting globally. |
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Matrikon supplies Alarm Management to LyondellBasell Europe
- 07/11/08 All LyondellBasell production facilities in Europe will integrate and use Matrikons Alarm Management software suite with a variety of different control systems. |
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Matrikon announces record results for the third quarter of 2008
- 07/09/08 Third quarter revenue was a record $20.54 million, compared to $19.01 million in Q3-07 and $19.44 million in Q2-08. |
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Matrikon sells SCADANet to CriticalControl
- 06/24/08 Matrikon agreed to sell its SCADANet business to CriticalControl Solutions for $800,000 in cash. The transaction is expected to close July 2, 2008. |
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Matrikon equipment monitors record successes
- 06/09/08 Mobile Equipment Monitor for mining recently went live in its first full production implementation, and the Well Performance Monitor recorded a big sale. |
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Matrikon signs CapuTech as distributor
- 05/23/08 CapuTech will act as an exclusive reseller and systems integrator for Matrikon Suite products in Texas and Louisiana. |
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Matrikon announces Q2 results
- 04/11/08 Second quarter revenue was $19.44 million compared to $17.25 million in Q2-07 and year-to-date revenue was $39.33 million compared to $36.05 million in the first half of FY-07 |
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Xstrata selects Matrikon for coal handling and preparation plants
- 03/13/08 Matrikon Downtime Reporter and Matrikon Production Manager software will be used throughout Xstrata Coal's Coal Handling and Preparation Plants. |
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Matrikon to provide cyber security for industrial plant
- 03/06/08 The process control and IT network security cyber security solution is is based on industrial best practices as outlined by ISA, NERC and NPRA. |
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Matrikon launches Mobile Equipment Monitor for mining
- 03/04/08 Mobile Equipment Monitor remotely collects all available operating data such as temperature, pressure and alarms from onboard systems and transmits the data to a central database. |
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Matrikon announces NetKPI dashboard for process operations
- 02/28/08 NetKPI empowers any user to create, monitor, analyze and drill down into any KPI across their entire enterprise. |
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Matrikon promotes Lawrence and Funnell
- 02/12/08 Peter Lawrence has been appointed chief technology officer (CTO), and Jay Funnell has been appointed chief software architect (CSA). |
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Mining company uses Matrikon's Mobile Equipment Monitor
- 01/21/08 MEM will be used to monitor operational data, including alarms, from the mines haul trucks, shovels, and loaders. |
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Matrikon reports increased earnings in 1Q 2008
- 01/14/08 First quarter revenue was a record $19.62 million compared to $18.81 million in Q1-07 and $18.44 million in Q4-07. |
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Matrikon announces Q4 2007 results
- 11/08/07 Revenue was $18.44 million with a net loss of $0.25 million. Matrikon restructures management and separates two business units. CTO takes sabbatical. |
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Matrikon enhances Alarm Manager software
- 11/05/07 Version 4.1 enables comparison of alarm system performance against industry guidelines such as the EEMUA 191 and ISA S18.02. |
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Matrikon announces OPC driver for GE Mark V Turbine
- 10/22/07 The MatrikonOPC Server for GE Mark V provides a TCI-independent link to the Mark V and is capable of sub-second scan rates. |
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Matrikon enhances Control Performance Monitor 5.1
- 10/18/07 Inmprovements allow control assets such as PID loops, advanced control applications and analyzers to be continuously monitored and diagnosed. |
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Matrikon wins Engineers Australia award
- 09/26/07 Matrikon and Meridian Energy won a divisional 2007 Engineers Australia Excellence Award for an asset management program. |
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Matrikon supplies asset management software to PPL
- 09/06/07 Software includes Operational Insight, Alarm Manager, various OPC interfaces and Resolution Intelligent Plant Data Model to monitor equipment performance and reliability. |
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Matrikon deploys alarm management at Sasol Synfuels
- 07/26/07 Sasol's Synfuels operation at Secunda, South Africa, deploys Matrikon's alarm management solution throughout their plant, the world's largest synthetic fuels facility. |
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Matrikon exhibits at Offshore Europe 2007
- 07/26/07 September 4-7, 2007 Aberdeen, Scotland Matrikon will be exhibiting process alarm management software products at the Offshore Europe Conference and Exhibition. |
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Matrikon appoints Eric Rosenfeld to Board of Directors
- 07/13/07 Rosenfeld is President and Chief Executive Officer of Crescendo Partners L.P., a New York based investment firm. |
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Matrikon announces third quarter 2007 results
- 07/12/07 Third quarter revenue was $19.01 million compared to $17.29 million in the third quarter of 2006. |
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Matrikon offers free Operational Insight Lite software
- 06/26/07 Matrikon Operational Insight Lite software tool acquires, displays, and analyzes process data from both real-time and historical data sources. |
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Matrikon Releases NetCalc Real-time calculation module
- 06/21/07 NetCalc web-based, wizard-driven tool allows users to aggregate data from real-time historians, relational databases, and control systems and perform calculations on that data. |
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Somji becomes CEO of Matrikon again
- 06/05/07 Amin Rawji resigned as President and CEO. Company founder Nizar Somji will resume the role of President and CEO. |
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Matrikon signs two partners in Quebec
- 05/08/07 Everest Automation will be a distributor and Top Control will provide consulting services and optimization solutions based on Matrikon products. |
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Matrikon introduces Production Management for oil sands
- 05/07/07 Production Management tracks all product volumes as they move throughout the hydrocarbon supply chain. |
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Matrikon supplies ProcessMORe to Australian coal-fired plant
- 04/26/07 BMA Coal has standardized on ProcessMORe software for its production and dispatch system. BHP Billiton Mitsubishi Alliance (BMA) is Australia's largest coal miner and exporter, and the world's largest supplier to the seaborne coking coal market. |
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Matrikon reports lower income in second quarter 2007
- 04/13/07 Second quarter revenue was $17.25 million compared to $17.89 million in the second quarter of 2006. Net income in the second quarter was $0.31 million, or $0.01 per share, compared to $1.23 million, or $0.04 per share in the comparable period of fiscal year 2006. |
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ISA to present SP18.02 alarm management standard at Matrikon meeting
- 04/04/07 ISA will describe the ISA-SP18.02 standard addressing the development, installation, and management of alarm systems in the process industries at the Matrikon Summit, May 7-10, Chicago, IL. |
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Matrikon's AlarmInsight works with ABB's Industrial IT
- 03/16/07 AlarmInsight for System 800xA has been Industrial IT Enabled. AlarmInsight connects Matrikon's ProcessGuard and Alarm MOCCA to ABB's Extended Automation System 800xA, providing System 800xA users with information from Matrikon's alarm management products. |
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Matrikon adds Mandarin to ProcessNet
- 03/07/07 ProcessNet has been translated into Mandarin. ProcessNet is a web-based enterprise-wide information consolidation and delivery platform that connects disparate data sources from the control layer to the business layer. |
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Matrikon acquires Axonwave Software
- 02/21/07 The purchase price is $4.5 million in cash for all issued and outstanding shares of Axonwave, which at closing has net tangible assets estimated at $3.7 million. Axonwave Software is a private company based in Vancouver, BC, that makes Content Intelligence System software for analyzing unstructured data, such as word processing documents, email and PDF files. |
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Nizar J. Somji returns to Matrikon as interim CFO
- 02/12/07 Somji founded Matrikon in 1988 and was chief executive officer until December 2005 at which time he retired to become Chairman of Matrikons board. Somji has stepped down as Chairman of the board but will retain his directorship. Hugh Bolton, who most recently acted as Lead Director following four years of service as board Chairman, will resume the role of Chairman. |
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Matrikon Recognized in Readers Choice Awards
- 02/05/07 Matrikon has been recognized as one of the worlds top five providers of alarm management software by the readers of Control magazine. |
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Matrikon and Umetrics to combine software packages
- 01/29/07 Umetrics and Matrikon will combine Matrikon's ProcessMonitor products with Umetrics' SIMCA-P+ and SIMCA-Batch On-Line data analysis products for the seamless installation of Process Analytical Technology (PAT) solutions in the pharmaceutical market. |
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Matrikon releases free Operational Insight Lite OPC software
- 01/29/07 Operational Insight Lite, a software tool to acquire, display, and analyze OPC data, is available as a free download to a limited number of beta users in February, then will be free to all in April. It includes the ability to access both real-time and historical data. |
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Matrikon named one of Top 50 Companies Worth Watching
- 01/23/07 Matrikon is one of the top fifty automation companies in the industry, says Control magazine. This marks the fifth time the Alberta-based industrial intelligence solutions provider has been so recognized since 2001. |
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Matrikon seeks award nominees for Annual Conference in Chicago, May 2007
- 12/19/06 Nominations are open for the Matrikon Achievement Awards in technology innovations within petrochemical and refining, pulp and paper, mining and mineral, oil and gas, and power industries. |
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Matrikon acquires Industrial Control Software Limited in UK
- 12/15/06 Matrikon has acquired Industrial Control Software Limited (ICS), a private company based in Matlock, England. Established in 1989, ICS provides process control software and alarm monitoring and analysis solutions which are complementary to Matrikon's solutions. The purchase price was £1.78 million in cash for all outstanding shares of ICS. The net assets of ICS are estimated at £0.78 million. |
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Matrikon supplies process information management system to Australian mine
- 11/22/06 Matrikon's Australian division will supply a Process Information Management System (PIMS) to Xstratas Australian copper and zinc-lead-silver operation, Mount Isa Mines. The solution will allow Mount Isa Mines to optimize metallurgical operations and increase production and processing performance through the web-based access to real-time and historical operations data. |
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Matrikon-controlled plant wins Australian innovation Award
- 11/03/06 Rio Tinto Coal Australia Hunter Valley Operations and Matrikon won the "Minerals Process Plant of the Year" Award at the Australian Mining Prospect Awards for Innovation in Coal Prep Plant Control Optimization. |
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Matrikon releases MIMOSA-based data integration software
- 10/26/06 With ProcessMonitor MIMOSA, enterprise systems can access real-time and historical data and disseminate this information for Condition Based Maintenance, Maintenance & Production Planning and other maintenance and operational tactical purposes. Itincorporates both MIMOSA and OPC Foundation standards. |
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Matrikon wins $2.1 million boiler upgrade contract for nickel refinery in Australia
- 10/20/06 BHP Billiton's Yabulu Nickel Refinery and has signed a AUD $2.1 million dollar contract for the final stage of a boiler upgrade initiative at the nickel and cobalt processing operation near Townsville (Queensland, Australia). This latest deal represents the final stage of an AUD $10.4 million enterprise relationship between Matrikon and BHP Billiton. |
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Middle East gas producer selects Matrikon alarm management solution
- 08/31/06 The solution includes Matrikon's ProcessGuard for alarm management and archiving, ProcessNet for web-based visualization of real-time alarm and process data systems, ProcessMonitor for advanced analysis and predictive alarming, and consulting services. |
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Matrikon announces third quarter 2006 results
- 07/07/06 Matrikon Inc. (TSX: MTK), a leading provider of solutions for industrial intelligence, today reported financial results for the third quarter of fiscal year 2006, which ended May 31, 2006. |
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Matrikon Announces Share Buyback Program
- 05/16/06 Matrikon Inc. announced that it intends to make a normal course issuer bid to purchase its common shares. Under the bid, Matrikon intends to acquire up to 1,559,248 common shares, representing not more than 5% of the 31,184,959 common shares issued and outstanding as of May 1, 2006. The bid will commence May 17, 2006 and end May 17, 2007. |
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BOC Group Extends Matrikon Control and Information Technology Solution to Additional Plants
- 05/08/06 The solution includes process data acquisition, control system performance analysis, process monitoring and advanced control technology components. The original contract to implement the solution at 50 plants has been completed. |
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Matrikon Makes DCS Alarm Management of Change Easy
- 04/19/06 Alarm MOCCA version 2.1 eliminates the need for onerous change management procedures by automatically tracking changes made to the Distributed Control System (DCS). Alarm MOCCA simplifies DCS integrity assessment by empowering users to not only validate every parameter, but also validate whether configuration guidelines are being followed. |
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Braskem Petrochemical Company Standardizes on Matrikon's Alarm Management Solution
- 04/18/06 Matrikon's alarm management solution provides the methodology and technology to systematically integrate and administer an effective alarm management strategy. The results include reducing the number of alarms to a manageable level, increasing productivity and ensuring safe and reliable operation of industrial facilities. These outcomes complement Braskem's aim of positioning among the best and most competitive petrochemical companies in the world through its Braskem+ program. |
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Matrikon is on Track to Achieve Expected Growth
- 04/12/06 Second quarter revenue grew by 7% to $17.89 million from $16.72 million in the comparable period of fiscal 2005. Income from operations was $2.64 million in the second quarter of 2006, compared to $2.42 million in the second quarter of 2005. Net income in the second quarter was $1.23 million, or $0.04 per share, compared to $2.35 million, or $0.08 per share, in the second quarter of 2005. |
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Matrikon Industrial Workshops Prevent Unplanned Shutdowns
- 03/30/06 Matrikons Alarm Management Hands-on Workshop is designed to help process control professionals resolve alarm problems such as nuisance alarms. At the end of April, engineers, operators, and managers will be traveling across North America to attend this two-day workshop in Houston, Texas. After the workshop, participants will be able to resolve their plant's current alarm system problems and take action to ensure stability, accountability and profitability in their plant. |
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Matrikon Announces new version of alarm management software
- 03/15/06 ProcessGuard version 4.0 alarm management software features interactive web reports, multi-language support, automated assessments that benchmark plant performance against ISA and EEMUA standards, as well as customized profiles so that each user can customize their reports layout. |
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Major Petroleum Company Standardizes on Matrikon
- 02/23/06 A major international petroleum company has standardized on ProcessDoctor for auditing, monitoring and optimizing the assets that control plants for all 16 of their refineries and gas plants. The roll-out of the technology has already begun with one refinery being fully commissioned and two more with plans for immediate deployment. |
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Matrikon Announces Resignation of Shafin Kanji, Executive Vice President of Operations
- 01/23/06 Matrikon Inc. (TSX:MTK) today announced that executive vice president of operations Shafin U. Kanji has resigned effective January 31, 2006 to accept the president and chief executive officer position at JER Envirotech International Corp. (TSX-V: JER). |
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Matrikon Announces Partner Growth Program
- 01/20/06 Matrikon Inc. (TSX:MTK) today announced a new Partner Growth Program designed to expand Matrikon's distribution channels, market reach and global brand awareness through the formalization and extension of its existing distributor program. |
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Global Pulp and Paper Company Standardizes on Matrikon Solution for Variability Reduction
- 12/13/05 |
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Matrikon Announces Amin Rawji as New Chief Executive Officer
- 12/09/05 |
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Bayer MaterialScience AG Standardizes on Matrikon's Alarm Management Solution
- 11/22/05 |
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Matrikon Announces Record Fiscal 2005 Results
- 10/21/05 |
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Matrikon Announces Senior Management Promotions
- 10/04/05 |
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Matrikon Named One of Canada's Fastest Growing Technology Companies
- 09/30/05 |
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Matrikon Delivers Reliable Steam Production to BHP Billiton's QNI Yabulu Refinery
- 09/27/05 |
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Matrikon Acquires Matrikon Deutschland AG
- 09/01/05 |
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Matrikon Releases Guidance for 2006 and Announces Executive Team Promotion
- 07/20/05 |
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Bema Gold Selects Matrikon for Implementation of Asset Management Solution
- 07/18/05 |
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Matrikon to Participate at Instrumentation Control and Automation Conference July 25 - 28, 2005
- 07/07/05 |
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Matrikon Delivers Record Revenue and Strong Earnings in the Third Quarter of 2005
- 07/06/05 |
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Matrikon Technology Helps Statoil Monitor Offshore Assets
- 06/20/05 |
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Matrikon Releases ProcessMORe V5 Featuring Improved Performance and User Control
- 05/03/05 |
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Matrikon Joins MRO Software Alliance Program
- 05/02/05 |
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Matrikon Acquires Resolution Integration Solutions to Advance Industrial Intelligence Infrastructure
- 04/27/05 |
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Matrikon Well Optimization Technology Helps Upstream Oil Company Minimize Maintenance and Optimize Production Volume
- 04/19/05 |
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Matrikon Delivers Record Revenue and Earnings in the Second Quarter of 2005
- 04/08/05 |
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Matrikon to Announce First Quarter 2005 Results
- 04/04/05 |
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Matrikon to Participate at ABB Automation World April 20 - 22, 2005
- 03/23/05 |
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Matrikon Moves into Next Phase of Partnership with BHP Billiton's Yabulu Nickel Refinery
- 03/23/05 |
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Iluka Resources Selects Matrikon for Plant Performance Measurement System
- 03/03/05 |
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Husky Injection Molding Systems and Matrikon Team Up to Deliver Plant Monitoring and Advanced Scheduling Solution
- 02/18/05 |
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Matrikon Named as One of Canadas 50 Best Managed Companies for Second Year
- 01/25/05 |
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Matrikons ProcessACT Presented with Control Engineering Editors' Choice Award
- 01/18/05 |
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Matrikons Alarm Management Solution to be IndustrialIT Enabled
- 01/18/05 |
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