April 15, 2010 - Matrikon announced that a large multinational mining company has deployed Matrikon’s Mobile Equipment Monitor to monitor the performance of heavy mobile equipment at its mine site. This is the third site deployment as part of a contract for each of the company’s North American mines, originally signed in December 2008. Implementation of the remaining mines is planned for later in 2010.Mobile Equipment Monitor collects real-time operating data and alarm information from haul trucks, shovels and loaders. It provides data visualization, trending and analysis, which contribute to improved fleet performance and the ability to reduce or prevent catastrophic component failures.
The end results are a significant reduction in operating and maintenance (O&M) costs, extended equipment life and improved safety in the mines.David Fisk, Department Manager, Mining Solutions at Matrikon, stated: "The mine’s commitment to continuing deployment in spite of tight capital budgets underscores the value that Mobile Equipment Monitor delivers to customers. Mobile Equipment Monitor, like our other integrated industry applications, combines Matrikon’s leading technology, our operations know-how and experience, and input from industry leaders to solve very specific industry challenges—in this case, improving productivity of critical capital assets while lowering cost."
About Mobile Equipment Monitor
Matrikon Mobile Equipment Monitor empowers Operational Excellence by bridging the gap between mobile equipment instrumentation and maintenance systems. Mobile Equipment Monitor enables clients to:
- monitor mining equipment in real-time
- anticipate and prevent equipment failures
- collaborate across functional areas
- take corrective action by immediately scheduling maintenance and performing related work flow tasks (such as parts inventory)
Mobile Equipment Monitor delivers reduced maintenance costs and improved equipment reliability, effectiveness and asset life.
About Matrikon
Matrikon delivers industrial performance monitoring solutions that provide visibility into the global operations of oil and gas, energy, mining, power and refining companies. Matrikon products enable users to anticipate and correct problems, identify opportunities for improvement, share best practices and drive the action necessary to achieve and sustain their operational excellence objectives. Matrikon has been empowering excellence since 1988. With offices throughout North America, Australia, Europe and the Middle East and a client base that includes industry leaders in a wide range of process industries, Matrikon's reach is global. Matrikon is traded on the Toronto Stock Exchange under the symbol MTK.
