Edmonton, AB & Calgary, AB – October 12, 2004Matrikon Inc. (TSX:MTK) today announced that Crown Energy Technologies is implementing MxAPS, Matrikon's solution for production scheduling, in their flagship production facility in Calgary, Alberta.Crown Energy Technologies is a leading manufacturer of new oilfield equipment, with 6 North American locations and over 400,000 square feet of production floor. “With the help of Matrikon, we will be able to improve the efficiency of our operations, ensure we can meet on-time delivery requests from customers and continue to accept new business as we expand,” said Crown Energy President Rance Fisher. An innovator in the oilfield manufacturing industry, Crown Energy’s implementation of Matrikon’s MxAPS will give them a competitive advantage, allowing them to better model their processes, manage production orders, evaluate efficiency and throughput and create benchmarks for monitoring performance. “We have a manufacturing plant that is second to none,” said Crown Energy’s Ken Singh. “In order to stay competitive we have to continue building on our reputation and ensure we are exceeding our customers needs – high quality product, on-time delivery and within budget.” MxAPS collects and analyzes information obtained from a facility's production floor. With this data MxAPS is then able to assess and improve resource and equipment utilization and provide realistic production schedules. The result is an increase in plant throughput, and a reduction in work in progress, finished goods inventory, and manufacturing lead times. The value of the contract was not disclosed.About Crown Energy TechnologiesFounded in 1987, Crown Energy Technologies is a leading manufacturer of new oilfield equipment, specializing in custom-built stimulation, drilling, and workover equipment, while also offering quality rig repair, retrofits, parts supply and service. Headquartered in Calgary Alberta Canada, Crown Energy has manufacturing facilities in most major oil producing regions across North America, and sales offices around the globe.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, Europe 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:Matrikon Inc.Phone: 780-945-4010
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