Test and Measurement Innovators Focused on Key Growth Markets
Xenemetrix, winner of the Frost & Sullivan awards - 2010 and 2015
Strong Balance Sheet and Partners
Innovators in Taking the Laboratory to the Field
Eurocontrol's Xenemetrix at Analytica 2016 Munich
TORONTO, ONTARIO--(Marketwired - May 3, 2016) - Eurocontrol Technics Group Inc. (TSX VENTURE:EUO) ("Eurocontrol" or the "Company"), a Canadian public company specializing in the acquisition, development and commercialization of innovative authentication, verification and certification technologies, is pleased to announce that its subsidiary, Xenemetrix Ltd.
("Xenemetrix"), will be participating in Analytica 2016, the world's largest conference and exhibition dedicated to solutions along the entire value chain for modern laboratory processes. The Conference and Exhibition is being held May 10th through 13th at MMI - Messe Munich International, Munich, Germany.
Analytica is the largest and most important European trade fair of its kind and regularly brings together scientists, industry and users. Analytica 2016 is the platform for Xenemetrix to announce its latest product innovations including "analytiX" software that will be launched June 1st. AnalytiX provides an innovative user friendly graphical user interface as well as automatic calibration abilities that is expected to revolutionize ease of use and precision of the results. The new software will include the "analytiX Operator Mode" which will enable unskilled operators to perform simple high quality ED-XRF analysis while keeping the data in the "cloud". The new operator mode suits big organizations that utilize multiple systems and require central control for both the application and for system's maintenance. AnalytiX will support the new product line of Xenemetrix mobile solutions to be presented to the market by the end of this year.
Xenemetrix will be presenting its new advanced solutions in Hall A2 booth 429. For the first time, Xenemetrix will co-present with its distributor S-prep GmbH from Germany, which will also be participating in Analytica 2016 in Hall A2 Booth 532A. Interested parties are welcome to visit Xenemetrix and schedule a meeting for updates, new features and application reviews as well as discussing marketing aspects.
Doron Reinis, Chief Operating Officer of Eurocontrol, "As in every year, Xenemetrix will present to the market a new product that will take it closer to the mission of taking the laboratory to the field. This year Xenemetrix will finalize a major step forward presenting the new software and a new mobile system by the end of the year. The mobile system together with the new software will enable Xenemetrix to penetrate new markets that thus far haven't had the availability of ED-XRF technology."
About Xenemetrix Ltd.
Xenemetrix is a leading designer, manufacturer and marketer of energy-dispersive x-ray fluorescence (ED-XRF) systems and components. Located in Israel and with over 30 years experience, Xenemetrix holds a number of certifications and is the recipient of Frost & Sullivan Best Practices Awards in 2015 and 2010 for Global Analytical X-Ray Instrumentation Price Performance Value Leadership and Global ED-XRF Analyzers Product Line Strategy of the Year, respectively. Xenemetrix continues to develop highly innovative technologies and solutions suitable for today's ever-growing analytical challenges, performing non-destructive elemental analysis starting from Carbon (6) through Fermium (100), while providing detection limits from low parts-per-billion (ppb) to high weight percent (%wt). ED-XRF spectroscopy is one of the simplest, most accurate and economical analytical methods for the determination of the chemical composition of many types of materials. Xenemetrix combines the latest technological developments with innovative engineering, to provide cost-effective solutions to a wide range of industries including the petroleum, mining, marine, manufacturing, food and beverage, cosmetic and pharmaceutical industries to outline a few. Xenemetrix's emphasis on quality combined with ongoing research and development has earned Xenemetrix an international reputation for excellence. For further information on Xenemetrix, visit www.xenemetrix.com.
About Eurocontrol Technics Group Inc.
Eurocontrol is a TSX Venture listed company that specializes in the acquisition, development and commercialization of innovative authentication, verification and certification technologies. Eurocontrol has two wholly owned subsidiaries, Xenemetrix Ltd. and XwinSys Technology Development Ltd. ("XwinSys"). Xenemetrix is a leading designer, manufacturer and marketer of ED-XRF systems, a technology that is the most accurate and economic method for determining the chemical composition of many types of materials, including the analysis of petroleum oils and fuel. Xenemetrix has an exclusive long-term supply, maintenance and support agreement with SICPA/GFI to supply SICPA/GFI with Xenemetrix products and services related to the oil and gas marking and monitoring field. XwinSys is in the final stage of developing a fully automated metrology system for the semiconductor industry that combines 2D and 3D image processing technology with Xenemetrix's ED-XRF technology.
For further information on Eurocontrol, please visit the Company's website at www.eurocontrol.ca.
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release. No stock exchange, securities commission or other regulatory authority has approved or disapproved the information contained herein.