EVENTS

Come visit our booth and meet with the Parsec team to learn all about new product developments in OEE software that maximize uptime and boost performance.

PRESS RELEASES

Parsec Wins Manufacturing Business Technology’s Innovation Insight Award

BREA, California – August 2009 – Parsec Automation Corp., developer of TrakSYS™ and world leader of real-time performance management (RPM) solutions, announces its win of MBT’s Innovation Insight Award.

One of the numerous and innovative productivity improvement solutions that Parsec has delivered globally was to help a canned food manufacturer determine the best strategy for revamping its production lines. That project earned Parsec third place in the Most Innovative Process category.

The food manufacturer wanted to replace a number of its aged canning lines with an alternate filling technology. Amongst the myriad of challenges were vendor selection, technology, and cost. Using TrakSYS to collect real-time performance data from tests of competing technologies from various vendors gave the manufacturer the information it needed to make the best facts-based decision.

Not only did the system help in vendor selection, it also altered the manufacturer’s original thinking on how many lines to purchase. Initially, the manufacturer planned to retire 20 canning lines and replace them with 12 higher-performing pouch lines. But analysis provided by TrakSYS indicated that 24 canning lines could be retired, and it would take only 8 pouch lines to replace them. This resulted in a savings of $8 million in capital costs. The company also will save a substantial amount in annual maintenance costs by retiring the canning lines.

Parsec Introduces its Next Generation of LEANTrak™
Mobile Real-Time Productivity Solution

BREA, California – 1 July 2009 – Parsec Automation Corp., developer of TrakSYS™ and world leader of real-time performance management (RPM) solutions, announces the release of its next generation of LEANTrak. LEANTrak is a mobile productivity solution that is set up quickly to collect relevant data from production systems without any changes to the existing assets or disrupting the operations. It readily provides users with crucial and actionable intelligence necessary for improving manufacturing productivity and business profitability.

"It’s improbable to improve (production line performance) unless you know the root causes of why something isn't working," says Eddy Azad, CEO of Parsec. "Many manufacturers are understandably hesitant to put new solutions in place for fear they will add to the complexities inherent in the manufacturing process. It can be an overwhelming prospect. However, LEANTrak allows users to quickly and easily set up in minutes – regardless of infrastructure, resources, products/equipment vintage – and almost immediately gain invaluable knowledge of how to improve their operations; all without production disruption."

LEANTrak packs the power of Parsec's TrakSYS Real-time Performance Management (RPM) software into a portable package that is easily deployed in minutes without typical installation challenges, wiring, programming, infrastructure changes, or production disruption. With this newest generation of LEANTrak, Parsec has greatly simplified the set-up process by creating pre-configured point & click prompts to walk any user - even nonprogrammers - through the set-up process so they may begin collecting and analyzing data in minutes.

Because LEANTrak is portable it can easily be moved from machine-to-machine, line-to-line, or site-to-site. LEANTrak accurately records production line productivity events by monitoring and measuring product flow. With LEANTrak manufacturers are able to determine the value of RPM tools by collecting, storing, and analyzing performance data before committing to a broader software implementation and infrastructure modifications.

Parsec Congratulates Ste. Michelle Wine Estates for being PMT "Packaging Line of the Year" Award Recipient

BREA, California – 19 December 2008 – Parsec Automation Corp.,a world leader of real-time decision support software solutions and enterprise manufacturing intelligence (EMI) software, congratulates its customer Ste. Michelle Wine Estates for winning the prestigious Packaging Machinery Technology (PMT) 2008 Packaging Line of the Year Award.

"We installed Parsec’s TrakSYS on the new line as part of our continuous improvement process. By providing our shop floor personnel and management staff with real-time information, we are able to plan, identify bottle necks & trouble areas, and react quickly to reduce and eliminate minor stops, unscheduled downtime, and quality defects. Using a manual data collection method, we could only determine what happened in the past; also, we could not capture every stop on the line. With TrakSYS in less than a year the automated tracking system has helped us reduce downtime, increase throughput, and reduce scrap rate."

Blair North
Facility Manager - Eastern Washington
Ste. Michelle Wine Estates

"We were delighted TrakSYS™ was chosen by a world-class company like Ste. Michelle Wine Estates as their platform for real-time performance management," said Eddy Azad, CEO of Parsec. "We’re even more delighted they have so quickly reaped the benefits of their commitment to innovation and improved productivity. Ste. Michelle Wine Estates took an aggressive approach to reduce costs, which included investing in newer technologies to do more with less. TrakSYS™ fit the bill perfectly offering a powerful, flexible, and scalable platform that can leverage existing equipment to reduce cost and increase productivity."

Used by hundreds of manufacturers around the world, TrakSYS™ is an enterprise-wide performance management platform that enables Lean, continuous improvement and operational excellence initiatives with minimal, targeted capital investment. TrakSYS™ is proven to deliver measurable ROI through timely, targeted, and actionable business intelligence.

Parsec Honored as a Finalist in the 2008 Plant Engineering Product of the Year Awards Competition

BREA, California – 20 October 2008 – Parsec Automation Corp., a world leader of real-time decision support software solutions and enterprise manufacturing intelligence (EMI) software, announced today that the newest generation of its award-winning software TrakSYS™ 6.0 has been chosen as a finalist for Plant Engineering’s Product of the Year Award. Reed Business Information notified finalists in advance of their November 2008 issue of Plant Engineering, in which all finalists will be listed. "It’s gratifying to have the effectiveness of our software offerings recognized by such a distinguished panel of judges," said Eddy Azad, Parsec’s CEO.

This is significant given that finalists are chosen from 17 categories within the plant engineering market. Winners will be chosen by industry peers - plant managers consisting of current and potential customers – and will be announced mid-January 2009 followed by an awards ceremony on March 30, 2009 in Charleston, South Carolina.

Parsec Launches Next Generation of its Award-Winning Software: TrakSYS™ 6.0

Scope widens from the shop floor to an enterprise-wide decision support system

BREA, California – 12 August 2008 – Parsec Automation Corp., global leader of real-time performance management solutions for manufacturing, announced today the worldwide launch of the newest generation of its service-oriented architecture (SOA) application software.

TrakSYS 6.0 offers all of the unsurpassed features and functions of version 5.0 but with significant enhancements.

"TrakSYS has always provided users and all levels of management with the relevant real-time intelligence necessary for making decisions crucial to improving productivity and business performance," says Eddy Azad, CEO of Parsec. "But what’s really exciting about TrakSYS 6.0 is the significant broadening of its reach to cover not only equipment performance, but the entire enterprise. It’s a powerful tool that significantly extends the value of traditional business applications and improves manufacturing productivity and business profitability. Based on early responses our customers are going to be delighted."

TrakSYS 6.0 features center around personalized delivery of timely information to the stakeholders throughout the enterprise no matter where they are. Through its versatile connect & collect technology, TrakSYS 6.0 collects data unintrusively from disparate sources. Then the user-configurable analytics and business rules turn the raw data into actionable intelligence that readily identifies the root causes of poor performance, their impact, and the best opportunity for improvement. The TrakSYS 6.0 knowledge management and decision support portal aggregates key performance indicators and distributes the relevant information by personal preferences, discipline, and priority. The availability of critical information via personalized dashboards makes collaboration and proactive decision-making possible and productivity improvement a reality.

Parsec Automation Corp. (Parsec) is the developer of TrakSYS, the leading real-time performance management and decision support software. Manufacturing companies worldwide rely on Parsec for flexible and configurable tools to quickly track, record, analyze, and report the events critical to productivity enhancement. Without production disruption TrakSYS helps manufacturers to significantly improve asset utilization and efficiency, increase capacity with no new capital equipment, reduce production costs, and improve profitability. With measureable ROI TrakSYS fuels Lean, Six Sigma, TPM, and Operational Excellence efforts. For more information about Parsec please visit the corporate web site at www.parsec-corp.com.

Parsec’s New HISTORITrak™ Enables Manufacturers to Easily Assess Impact of Process Variations on Productivity and Quality

BREA, California – 12 March 2008 – Parsec Automation Corp., developer of powerful real-time performance management software platform, TrakSYS™, announces the release of HISTORITrak™. HISTORITrak™ is a new TrakSYS™ component that allows for benchmarking of key performance indicators (KPIs) against a multitude of process variables from disparate sources and makes the goal of improving productivity significantly more attainable.

"Historian functionality is not new," says Eddy Azad, Parsec CEO. "The fundamental differentiator with HISTORITrak is its focus on performance and productivity instead of data logging and reporting alone. HISTORITrak™ makes it possible to analyze how process variables affect productivity so that the operational settings can be optimized for the best possible yield. It is designed to take the guesswork out and get the most out of existing assets."

HISTORITrak™ allows process variables from disparate data sources accessed by TrakSYS™ to be logged, sorted, analyzed, benchmarked, and reported. HISTORITrak™ also allows users to tailor the business rules governing the collection, archiving, auto-purging, and management of the data. HISTORITrak™ offers a rich variety of visualization options and report types to significantly improve the opportunity for measurable productivity improvement. The personalized real-time visualization and historical report dashboards are made available via the TrakSYS knowledge management portal, WEBTrak™.

Parsec Introduces AUDITTrak™: Software Module for Managing Electronic Records and Signatures in Compliance with 21 CFR Part 11

BREA, California – 28 February 2008 – Parsec Automation Corp., developer of TrakSYS™ and a world leader of real-time performance management (RPM) solutions, announces the release of AUDITTrak. AUDITTrak, a new groundbreaking TrakSYS module, is designed to provide electronic records and electronic signatures for all changes made to the production-related data in compliance with the Food and Drug Administration (FDA) 21 CFR Part 11. This module empowers pharmaceutical companies to undertake operational excellence initiatives with complete confidence in their data change management capabilities.

"In today’s ever-changing world of compliance and regulatory standards, users of performance management systems must have the assurance that compliance with FDA regulations is preserved should changes to data have cGMP impact,” says Scott Klages, VP and Sr. Manufacturing Consultant for Parsec. "Parsec’s AUDITTrak provides users with full electronic record-keeping capabilities both for the collected data, and the data collection configuration."

The new AUDITTrak module for TrakSYS actively monitors and alerts changes to the existing infrastructure configuration, setpoints, products, and recorded values. Such changes trigger alerts and the need for authorization via multi-layer electronic signatures. Whenever a change is made, AUDITTrak mandates verification from two sources in the form of electronic signatures along with relevant notes to describe the reason for the change. All changes are recorded for detailed reporting and analysis. Authorized users can query and filter audit trails for reporting via the TrakSYS knowledge management portal, WEBTrak™.

Parsec Introduces LEANTrak™: A Mobile Solution for Real-time Performance Management Designed to Help Manufacturers Improve Profitability

BREA, California – 17 December 2007 – Parsec Automation Corp., developer of TrakSYS™ and a world leader of real-time performance management (RPM) solutions, announces the release of LEANTrak™. LEANTrak™ is a new portable productivity solution that allows users to quickly connect to their production systems, collect performance-related data, and get actionable, real-time intelligence whenever and wherever needed to improve productivity.

"Understanding what drives profitability is the Holy Grail of manufacturing," says Eddy Azad, President and CEO of Parsec. "In today’s competitive market, understanding production losses and the potential for profitability are top priorities for manufacturing organizations. Parsec’s LEANTrak provides managers with real intelligence on production flow, asset utilization, quality and productivity – all critical in becoming both best-in-class and a low-cost producer. The amazing part of LEANTrak™ is that it can be set up and running in just a few hours."

LEANTrak™ packs the power of Parsec’s TrakSYS™ Real-time Performance Management (RPM) software into a portable package that may be rapidly deployed anywhere without installation, wiring, programming, infrastructure changes, or production disruption. Because LEANTrak™ is portable it can be used by manufacturing professionals as they move from each production line or site. LEANTrak™ accurately records production line productivity events by monitoring and measuring product flow. With LEANTrak™, organizations are able to instantly determine the value of RPM tools by collecting, storing, and analyzing performance data before committing to a broader software implementation and infrastructure modifications.

Parsec Chosen as an Emerging Top 40 Company

BREA, California – 15 December 2007 – Parsec Automation Corp., developer of TrakSYS™ and a world leader of real-time performance management (RPM) solutions and enterprise manufacturing intelligence (EMI), announces that the company has been chosen as one of Manufacturing Business Technology (MBT) Magazine’s Emerging Top 40 Companies, recognized for automation innovation and intelligence in the global manufacturing enterprise.

"We have been focused on developing solutions that clearly help manufacturers improve their productivity and asset utilization," said Eddy Azad, Parsec’s President and CEO. "It’s gratifying to have both the customers and the media recognize our efforts, and the effectiveness of our software offerings in the field of enterprise performance management."

The Emerging 40 address challenges in all four areas that Manufacturing Business Technology covers: plant operations, enterprise, supply chain, and product engineering. All vendors were chosen using the same criteria: from identifying industry niches to delivering domain expertise needed to serve that industry and emerging software functionality for business or manufacturing process optimization. According to Manufacturing Business Technology, Parsec is part of an elite group that distinguishes itself from the crowd of mainstream software vendors with their innovative use of infrastructure technology. Read the complete article at:
http://www.mbtmag.com/article/CA6487609.html?q=emerging+40+vendors

Parsec Honored as Orange County Business Journal’s Third Fastest Growing Privately-Owned Company in O.C.

BREA, California – 13 December 2007 – Parsec Automation Corp., a world leader of real-time performance management (RPM) solutions and enterprise manufacturing intelligence (EMI), received an award from the Orange Country Business Journal for being the third fastest growing privately-owned company in Orange County. This is significant given that O.C. is one of the top locations for innovative technology companies in the US.

"Our growth has mostly stemmed from centering our attention on creating solutions that clearly help manufacturers improve their productivity and asset utilization," said Eddy Azad, Parsec’s president and CEO. "It’s gratifying to have our efforts, accomplishments and the effectiveness of our software offerings recognized by both the customers and the media."

Parsec’s ranking was based on its substantial growth of 933%. The companies honored were ranked by percentage revenue growth from June 2005 to June 2007. To qualify, companies had to be privately held and headquartered in Orange County.

Parsec successfully conducted its fourth annual conference dedicated to improving manufacturing performance in Chicago, September 15 – 18, 2007.

BREA, California – 24 September 2007 – Parsec Automation Corp. (Parsec), a leading worldwide provider of enterprise performance management and manufacturing intelligence, recently concluded its fourth annual conference dedicated to improving manufacturing performance and productivity. The event held in Chicago, IL, September 15 – 18, 2007, was well attended by Parsec’s international partners, customers and subject matter experts to benchmark the state of manufacturing performance management in pharmaceutical, food and beverage, consumer packaged goods and general manufacturing. Methodologies such as OEE, Lean, 6 Sigma and Lean 6 Sigma were explored. Furthermore, the specific value of Parsec’s real-time performance management software, TrakSYS™, was demonstrated in conjunction with these methodologies.

"We’re delighted with the turnout and the interactive and dynamic participation of the attendees to make this a true benchmarking event," said Eddy Azad, Parsec’s CEO. "The success of events such as Parsec’s conference, and the rapid adoption of TrakSYS in various industries are great indicators of the importance of performance management to manufacturing companies around the world. You must take continuous improvement very seriously in order to remain competitive and profitable."

Parsec will be preparing a comprehensive report to compile the results of the various benchmark sessions. The report will be sent out to all registered attendees. The specific identities of the participating companies and any proprietary information will not be disclosed.

Worldwide Manufacturer of Prescription Pharmaceuticals Selects Parsec to Gain Vital Plant Floor Insights and Improve Efficiencies

International Healthcare Giant Employs Real-time Performance Management Solution for Rapid Visibility to Troubleshoot Root Causes

BREA, California – 14 August 2007 – Parsec Automation Corp. (Parsec), the leading worldwide provider of enterprise performance management and manufacturing intelligence, today announced that a global manufacturer of leading medical devices and supplies, imaging products and pharmaceuticals selected Parsec’s TrakSYS™ to gain performance visibility of its packaging line in its East Coast facility.

The global manufacturer plans to use the Parsec technology to alert operators on production stoppage events and capture information useful for analyzing process improvements and efficiency gain. TrakSYS™ will provide actionable and personalized intelligence to the multi-disciplined for effective proactive and preemptive decision making that will result in measurable improvement rapidly.

"Parsec's TrakSYS™ has emerged as an essential element of the manufacturing enterprise," said Eddy Azad, Parsec's CEO. "The proof can be found in companies around the world, where TrakSYS is the key enabler of many operational excellence initiatives that help users to significantly improve quality, capacity, on time delivery and asset utilization without disrupting ongoing plant operations."

Global Medical Equipment Manufacturer Selects Parsec to Optimize its Plant Business Intelligence and Further its Competitive Edge

BREA, California – 24 July 2007 – Parsec Automation Corp. (Parsec), the leading worldwide provider of real-time performance management (RPM) and enterprise manufacturing intelligence (EMI), today announced that the world’s largest manufacturer of clinical diagnostic instruments selected Parsec’s TrakSYS™ for its Northeast division. The choice of TrakSYS was made after a series of evaluations backed up by Parsec’s proven track record, extensive expertise in the industry, and status as the leading vendor in performance management.

The use of TrakSYS™ provides packaging operations access to the key performance indicators in real time for proactive decision making, and substantial gain in asset performance. Increasing production visibility through both real-time and historical BI is a key component of operational excellence programs that drive continuous improvement in capacity utilization and return on assets. "Our vision is to develop such technologically advanced software solutions dedicated to manufacturing performance management that will allow the users to focus on the relevance and utilization of information instead of struggling with the technology, integration and deployment," said Eddy Azad, President and CEO for Parsec. "We remain committed to delivering best-in-class solutions for manufacturing-focused business intelligence."

Parsec TrakSYS™ selected by One of the World’s Largest Food and Beverage Companies

BREA, California – 26 June 2007 – Parsec Automation Corp. (Parsec), the leading worldwide provider of real-time performance management (RPM) and enterprise manufacturing intelligence (EMI), today announced that one of the world’s favorite food manufacturers with global operations signed an agreement to purchase Parsec TrakSYS™, the leading real-time performance management solutions.

With this agreement the customer selected TrakSYS as their premier real-time performance management solution for implementation in one of their Midwest US sites.

"It is reassuring to see companies investing in future expansion of their production operations and that Parsec thereby is the natural choice for solutions to help increase performance and time-to-market of their products," said Eddy Azad, President and CEO for Parsec.

This will allow the customer to take advantage of automated data collection and real-time reporting while improving their delivery schedules and product quality. Having hundreds of attributes to track and manage, a critical business issue was to select a solution that can scale and increase visibility into the process. Also, a solution that interfaces with other 3rd party tools in the organization was especially valuable. These are typical strengths of Parsec TrakSYS™.

About Parsec TrakSYS™
TrakSYS™ is suite of integrated and browser-based applications that provide the collection of aggregate data from multiple sources to provide real-time visibility, event management and analytical tools to improve equipment performance and availability, and enable proactive and preemptive control that drive valuable business intelligence (BI).

Sensor Wireless Inc. and Parsec Automation Corp Announce New Monitoring Solution for Beverage Fillers

Charlottetown, PE, Canada, and Brea, California, 13 June 2007 – Sensor Wireless Inc., the world-leader in Active Wireless Sensor Technology™ (AWS™) and provider of innovative sensor technologies used to reduce waste in the Food and Beverage, Pharmaceutical and Transportation Industries announced today that Parsec Automation Corp. of California, USA a leader in the development and deployment of TrakSYS™ Real-Time Performance Management Software for the Pharmaceutical, Food and Beverage, CPG and Automotive industries, to name a few, are joining forces to install and evaluate the integration of technologies to form a powerful beta solution used to immediately identify production performance efficiency and quality improvement in the beverage filling industry.

"The combination of Agent QC™ and TrakSYS™ will enable company managers to identify problems in line, improve performance, improve quality, track history of quality, and reduce and manage waste due to glass fracture and operational failure. Customers can track ROI on a daily ongoing basis as it relates to glass handling and line performance. The solution will provide recurring benefits to our customers", said Wayd McNally, President and CEO, Sensor Wireless Inc.

This partnership provides the initial framework for the deployment of a world class monitoring solution for the beverage filling industry. Agent QC technology from Sensor Wireless is used by leading Fortune 500 companies in over 10 countries to identify problems leading to poor quality and waste due to handling and equipment calibration. Agent QC uses a unique sensor platform developed by Sensor Wireless which is inserted in an acrylic container having the same characteristics as the brand it is monitoring. The sensors are placed in line with real product and transmit data remotely to a handheld or laptop computer for instant remediation of velocity changes which can be related to glass failure or line performance.

Parsec's central focus is to develop software products that assist clients in rapidly improving the productivity of their manufacturing operations. Parsec's manufacturing productivity management software application suite is enabling Lean, Six Sigma, TPM, and Operational Excellence efforts for companies in many industries. By maximizing the net return on existing assets, without requiring infrastructure change or production disruption, TrakSYS™ creates measurable ROI typically in less than four months.

TrakSYS™ suite leverages service oriented architecture (SOA), and is built on Microsoft’s .Net platform with SQL Server 2005 as its database engine. The technology combined with a large set of practical features/functions deliver the configurability, scalability, and flexibility that today’s competitive and complex manufacturing demands.

"By collaborating with Sensor Wireless Inc., our customers have a complete and powerful solution to increase production performance efficiency and improve quality," said John Tullie, VP North American Sales, Parsec Automation Corp. "In combining our real-time performance management and enterprise manufacturing intelligence data and reporting capabilities with Sensor Wireless Inc.’s sensor monitoring capabilities to support customer processes, the result is better measurement and comparison of the operation with other companies, within and outside of the beverage industry. This is a major competitive advantage for our customers."

A world renowned brewing facility and prominent co-packer in New Brunswick, Canada has agreed to act as the initial beta site for the deployment and evaluation of the solution. JMP Engineering, Ontario, Canada, a Certified Implementation Partner for Parsec will lead the installation.

About Sensor Wireless Inc.
Sensor Wireless is a private corporation with head office located in Charlottetown, Prince Edward Island. Visit www.sensorwireless.com for more details on AWS Technology™ and products for immediate problem solving in Agriculture, Glass Handling, and Transportation.

Parsec and Vidac Solutions Team to Offer Real-time Performance Management Solutions to Pharmaceutical, Chemical, Beverage and CPG Industries

BREA, California and ST. LOUIS, Missouri – 23 May 2007 – Parsec Automation Corp. (Parsec), a leading worldwide provider of real-time performance management (RPM) and enterprise manufacturing intelligence (EMI), today announced Vidac Solutions (Vidac) has joined its Global Partner Program as a certified implementation partner (CIP). The partnership between Parsec and Vidac expands TrakSYS™ range of training, consulting and support for Lean Six Sigma.

The combination of Vidac’s implementation expertise and the dynamic data visualization capabilities of TrakSYS™ software enable clients to implement data analysis methods within the context of Six Sigma® and related methodologies better, faster and with lower overall cost.

"TrakSYS™ has very extensive functionality, and it is also extremely user-friendly," said Marc Metz, Sales Manager, Vidac Solutions. "The dynamic visual approach to statistical analysis in TrakSYS™ allows users to visually explore the relationships between process inputs and outputs, and rapidly identify the key process inputs. There are also excellent modeling facilities to optimize processes for robustness. The dynamic visualization approach is complemented with statistical analysis, in a way that aids understanding, communication and reporting."

"Customers need complete solutions when evolving their manufacturing operations infrastructure, including hardware, software,and a solid commitment for support," said Eddy Azad, President and CEO, Parsec. "Vidac Solutions has strong technical expertise and a track record of superb customer support. By partnering with Vidac, we ensure our customers get hands-on technical assistance, a range of deployment options, and proven solutions that enables Lean, continuous improvement and operational excellence initiatives with minimal, targeted capital investment."

The Parsec Global Partner Program includes a range of integrator-support benefits, including in-depth product training and pre-sales technical support to ensure that the design and implementation of TrakSYS™ solutions satisfies each manufacturing organization’s unique business requirements.

About Vidac Solutions
Established in 1999, Vidac (Visual Integration Data Acquisition & Control) Solutions is a full service systems integration company specializing in System Design, Computer Aided Drafting (CAD), Fabrication, HMI Software Development, System Training, Web-Based Applications, Information Technology, On-Site Startups, Custom Software and Database Development.

Crest Solutions Joins Parsec’s Global Partner Program

BREA, California – 01 May 2007 – Parsec Automation Corp. (Parsec), the leading provider of real-time performance management (RPM) and enterprise manufacturing intelligence (EMI), today announced that Crest Solutions has joined its Global Partner Program as a value-added reseller. With more than 70 clients worldwide, Crest Solutions is a leading supplier of software solutions to regulated industries to comply with FDA standards.

Under the partnership agreement, Crest Solutions will sell Parsec’s TrakSYS™ technology to its customers covering the pharmaceutical, healthcare, food and medical device industries. Crest Solutions plans to dedicate a team of individuals who will become experts on Parsec software and develop solutions around the Parsec platform.

"Our global customers are continually looking for more efficient ways to utilize their vast amounts of data to enhance manufacturing performance," said Niall Carty, Managing Director, Crest Solutions. "Parsec’s real-time performance management and enterprise manufacturing intelligence software application is well-suited for Crest Solutions’ customers, with its flexibility and scalability to support global corporations with thousands of users and terabytes of data."

"We are delighted to have Crest Solutions as a partner," said Eddy Azad, President and CEO, Parsec. "By partnering with Crest Solutions, we are able to extend our global presence to more effectively support our customer in Ireland and the UK. Crest Solutions’ customers cover a myriad of industries and we look forward to working with Crest Solutions to serve the performance management needs of our customers."

About Crest Solutions
Over the past nine years Crest Solutions has built a reputation as a leading supplier of solutions to regulated industries including pharmaceutical, healthcare and medical devices. Crest Solutions deliver software systems to comply with FDA standards using GAMP; supplying fully validated 21- CFR part 11 solutions. Crest Solutions has assisted more than 70 clients worldwide to fundamentally improve their Automation, Traceability & Compliance activities. Crest Solutions has transformed the way these companies do business, through the introduction of Automation solutions, Vision technologies, and Crest Solutions’ Product Tracking software suite.

Parsec Steps Up Momentum as the Leader in RPM and EMI with Next Release of TrakSYS™ 5.0

Major Enhancements in Release 5.0 Help Manufacturers Realize the True Promise of Continuous Improvement Programs Non-intrusively, Measurably and Economically

BREA, California – 24 April 2007 – Parsec Automation Corp. (Parsec), the leading provider of real-time performance management (RPM) and enterprise manufacturing intelligence (EMI), today distanced itself further from its RPM and EMI competitors with the introduction of powerful new capabilities in Parsec TrakSYS™ 5.0. With both new and enhanced functionality in modeling and configuration, multi-mode real-time data collection and post-production edits, advanced analytics, messaging and notifications, and the foundation for enterprise (multi-site) intelligence reporting and benchmarking, TrakSYS™ 5.0, gives organizations more intuitive tools to significantly improve the performance of their manufacturing operations.

The new TrakSYS™ real-time performance management solution offers manufacturers powerful benefits:

• Users can meet challenges based on event occurrences, value changes and key performance indicators with messaging and notification sent to subscribers via email or SMS (text message) formats to PCs, PDAs, pagers and mobile phones, thus leveraging the power to quickly respond and improve productivity.
• Users can increase their efficiency through organized and computer-assisted manual data collection from assets and operations -- where automated acquisition is not possible or cost prohibited -- by a set of dynamic, user-configurable forms. This data is then stored, analyzed and visualized in the same manner as the automatically collected data.
• Users now can easily model custom attributes and analytics specific to their resources, assets and workflow to make the process of performance management tailored to their own operations. This will significantly increases the effectiveness of their organized continuous improvement and operational excellence programs.
• Users can now interact even more effectively with shop-floor information to make decisions that will improve performance in real time. The shop-floor operators and associates play a critical role in successful continuous improvement initiatives. TrakSYS™ 5.0 provides them with more relevant, focused and actionable intelligence to help them better fulfill this critical role.

The new release provides strong support for Microsoft Vista and reflects Parsec’s continued commitment to extend TrakSYS™ functionality into areas where enterprises need it most. First launched seven years ago, TrakSYS™ was the industry’s first real-time performance management off-the-shelf software application.

Plans TrakSYS™ 5.0 incorporates new capabilities that further elevate Parsec customers’ ability to collect data, analyze events critical to productivity enhancements, determine root causes for bottlenecks, improve quality yield, reduce cycle time, lower cost of production, streamline raw materials inventory, facilitate planning and scheduling, increase effective asset utilization, and help lower capital expenditure for new assets.

ALERTTrak™, a new TrakSYS™ module within Release 5.0’s modular, service-oriented framework, provides one of the industry’s most flexible solutions for messaging and notification services to help proactively and effectively manage events that could lead to significant production losses in real time.

With the introduction of SCRIBETrak™, TrakSYS™’s new web-based manual data management service, it is now possible to systematically collect pertinent data from all sources and areas of any manufacturing operation [regardless of infrastructure]. The user is no longer limited to data collection from automated data sources. With the addition of SCRIBETrak™, the TrakSYS™ suite will make it possible to manage data sources automatically, semi-automatically, interactively and manually.

With TrakSYS™ Release 5.0, Parsec is also augmenting its existing data management services with functionality for enterprise performance data management and analysis. TrakSYS™ 5.0 includes the necessary services for providing site-specific data to Parsec’s soon-to-be released GLOBALTrak™ enterprise performance management application. GLOBALTrak™ makes it possible to aggregate data from various sites across the enterprise for comparative analysis, benchmarking, reporting and collaboration.

TrakSYS™ 5.0 is a powerful performance management platform with a series of standard and optional services to offer the necessary flexibility and scalability to meet the diverse requirements of manufacturers in various industries. To further emphasize the flexibility and extensibility of the TrakSYS™ platform, its open architecture makes it possible to deploy it without the need for infrastructure modifications, and impressively, it can work with most manufacturing applications (e.g., MES, ERP, APS, SCADA, etc.).

"Better utilization of data across the organization continues to be a top priority for companies across manufacturing industries. As such, business intelligence, performance management, and analytics should be top of mind topics," said Jane Barret, Research Director, AMR Research in an April 2007 report. According to AMR Research, business intelligence/performance management spending will increase 3.6% in 2007, with total budgets across North America expected to hit $23.8B and software purchases will expand by more than 8%.

"Your reports are only as good as the timely, accurate and actionable intelligence contained in them," said Eddy Azad, President and CEO, Parsec. "TrakSYS™ 5.0 is all about timely, accurate and actionable intelligence to help our customers to improve their operational efficiencies without production disruption or the need for costly infrastructure changes. For us, Release 5.0 isn’t simply about new features and function. We have endeavored to make TrakSYS™ the tool that is simple to use, and when used it will deliver quick and measurable results."

Building on Parsec’s Vision for Standardization

TrakSYS Release 5.0 builds on Parsec’s vision for manufacturing intelligence standardization with new capabilities that support characteristics crucial to an efficient enterprise: pervasive information delivery, and open integration with existing platforms.

TrakSYS Release 5.0 is available now. For pricing information contact info@parsec-corp.com.

Safe Harbor Statement
Statements in this press release other than statements of historical fact are forward-looking statements, including, but not limited to, statements concerning anticipated product offerings and the potential market opportunities for RPM and EMI software. Such statements constitute anticipated outcomes and do not assure results. Because such statements deal with future events, they are subject to various risks and uncertainties and actual results may differ materially due to a variety of factors, which could impact the successful and timely development of new products, the impact of competitive products and pricing, customer demand, and technological shifts. The company does not undertake an obligation to update its forward-looking statements to reflect future events or circumstances.

Systems Integrators Partner with Parsec to Deliver Real-Time Performance Management and Enterprise Manufacturing Intelligence Solutions

BREA, California – 17 April 2007 – More than seventeen systems integrators joined Parsec’s Global Partner Program, Parsec Automation Corp. (Parsec) the developer of TrakSYS™, developed to enable systems integrators to address the growing demand for real-time performance management (RPM) and enterprise manufacturing intelligence (EMI) solutions, the Global Partner Program supports integrators throughout the entire sales cycle to accelerate RPM and EMI services adoption. Among the leading systems integrators, known for their design and implementation of innovative, high-value manufacturing solutions, signed on as the program’s founding members: Applied Control Engineering, Aerospec, Asesa, Automation Horizons, Automated Systems, Inc., Azimuth Technologies, Cabernet System Management, Inc., LT Software Solutions, The Lyndon Group, Nova Packaging Systems, Inc., and Produlog.

Recently awarded one of the "40 Top Emerging Software Vendors" by Manufacturing Business Technology Magazine, Parsec’s technology helps manufacturers improve asset utilization and efficiency, increase capacity with no new capital, reduce production costs, and improve profitability.

"At Parsec, we have teamed with an exceptional group of Certified Implementation Partners (CIP) as we launch our Global Partner Program," said Eddy Azad, President and CEO, Parsec. "Each of these CIPs has strong technical expertise and a track record of superb customer support. Parsec’s TrakSYS™ address the most compelling root causes and productivity issues and we are committed to providing our partners with the tools and support needed to ensure the highest levels of customer satisfaction."

The Parsec Global Partner Program for CIPs includes a range of integrator-support benefits, including in-depth product training, certification, and pre-sales technical support to ensure that the design and implementation of TrakSYS™ satisfies each customer’s unique production line requirements.

Parsec Delivers Resources and Solutions for Raising Manufacturing Performance and Responsiveness

Parsec Introduces Executive Seminar Series Featuring Discussions by Lean Manufacturing Experts

BREA, California – 20 March 2007 – Parsec Automation Corp. (Parsec), a Microsoft Gold Certified Partner and the leading provider of real-time performance management (RPM) and enterprise manufacturing intelligence (EMI), today introduced its "Executive Seminar Series" designed to help manufacturers understand how to both increase asset utilization and drive competitive advantage.

Parsec will offer a wealth of opportunities to learn from and interact with industry forerunners and thought leaders. The interactive seminars will feature thought provoking discussions with industry experts. The industry experts will share proven techniques that will give manufacturers the ability to increase their productivity and efficiency at a minimal cost using real-time performance management solutions.

Seminars will be held in major cities across the United States. The first seminar will be held in Microsoft’s Los Angeles Office on March 28, 2007, and focuses on the real world success of improving operational efficiencies. Guest speakers include Kenneth Jones, Lyndon Group, and Ron Calame, California Manufacturing Technology Consulting.

"It is an honor to share with the event's participants the financial and technology benefits that are realized as a result of implementing real time performance initiatives," said Ken Jones, Managing Director of The Lyndon Group. "I look forward to sharing tangible guidance with attendees and encouraging them to explore a lean culture for their businesses."

"There is a fundamental shift underway in how companies perceive and manage Lean manufacturing processes in their organization. Traditionally, companies look at Lean as a burden to overcome. Today, companies are approaching Lean holistically, balancing real-time performance management with Lean, to increase revenue and operational differentiation," said Ron Calame, CPIM, California Manufacturing Technology Consulting. "This seminar is a great forum in which to share information and best practices that can help manufacturers increase profitability and be more successful in today’s complex environment."

"Parsec is proud of the wealth of expertise we have in real-time performance management and enterprise manufacturing community," said Eddy Azad, President and CEO, Parsec. "The Executive Seminar Series gives our experts the chance to share their knowledge and insight with thousands of manufacturers."

"Parsec continues to stay on the cutting edge of technology and is committed to offering the best possible manufacturing intelligence solutions to their customers," said Greg Urquhart, US ISV and National SI General Manager, Microsoft . "TrakSYS™, which is based on Microsoft SQL and Microsoft Windows Server, is an example of Parsec’s dedication to creating enterprise manufacturing intelligence tools that help pharmaceutical, biotech, consumer packaged goods, and food and beverage manufacturers realize measurable ROI."

For more detailed information on the free seminar series or to register for the event, please visit http://www.parsec-corp.com/newsevents.asp.

Parsec Wins Contract with World Leading Manufacturer of the Number One Brand of Disposable Contact Lenses for Real-Time Performance Management

BREA, California – 12 March 2007 – Parsec Automation Corp. (Parsec), the leading provider of real-time performance management (RPM) and enterprise manufacturing intelligence (EMI), today announced that it has signed a second agreement with a world’s leading manufacturer of disposable contact lenses. The agreement provides access to TrakSYS™ and is worth over US$140,000, when fully implemented the value is worth over US$700,000. The transaction includes licenses, maintenance and services. The licenses will be used on two critical production lines at their southeast operations.

"This is the second largest deal in just one month that includes our TrakSYS™ product offering," said Eddy Azad, President and CEO, Parsec. "The demand for real-time performance management solutions is constantly increasing. In this case, the customer’s previous success with Parsec tools was a key factor in the decision to implement TrakSYS™."

Parsec Delivers Resources and Solutions for Raising Manufacturing Performance and Responsiveness

BREA, California – 12 March 2007 – Parsec Automation Corp. (Parsec), the leading provider of real-time performance management (RPM) and enterprise manufacturing intelligence (EMI), today announced that it has signed a second agreement with a world’s leading manufacturer of disposable contact lenses. The agreement provides access to TrakSYS™ and is worth over US$140,000, when fully implemented the value is worth over US$700,000. The transaction includes licenses, maintenance and services. The licenses will be used on two critical production lines at their southeast operations.

"This is the second large deal in just one month that includes our TrakSYS™ product offering," said Eddy Azad, President and CEO, Parsec. "The demand for real-time performance management solutions is constantly increasing. In this case, the customer’s previous success with Parsec tools was a key factor in the decision to implement TrakSYS™."

Parsec Automation Corp. Attains Microsoft Gold Certified Partner Status

Parsec Further Distinguishes Itself by Earning the Highest Partner Level

BREA, California – 21 February 2007 – Parsec Automation Corp. (Parsec), the leading provider of real-time performance management (RPM) and enterprise manufacturing intelligence (EMI), today announced it has achieved Gold Certified Partner status with a competencies in both Data Management and ISV/Software Solutions, recognizing Parsec’s expertise and impact in the technology marketplace.

Parsec is the developer of award-winning TrakSYS™ software application. TrakSYS™ helps manufacturers maximize production efficiency and asset utilization through timely, accurate monitoring, analysis and reporting. TrakSYS™ is a key enabler of Lean Transformation, Six Sigma, OEE and other KPI-based continuous improvement initiatives.

"The achievement of Microsoft's highest partner level is testimony to the advanced capabilities of our software, as well as its compliance with high compatibility and quality standards set by Microsoft. Our expertise with Microsoft technologies makes it possible to answer the fast-growing demand for real-time performance management solutions," said Eddy Azad, President and CEO, Parsec. "Parsec’s Gold Partner certification recognizes the seamless compatibility of Parsec technology with the Microsoft platform. This certification provides a strong foundation for developing advanced solutions for a wide user base."

"Microsoft Competencies make it easier for our partners to position their offerings to our mutual customers, better align their business with Microsoft’s marketing initiatives and form closer relationships with other industry partners," said Bill Baker, general manager of business intelligence for SQL Server at Microsoft Corp. "Through the Data Management Solutions Competency, we can assist our industry partners’ proficiency in developing and deploying business intelligence applications more quickly and easily, and help them align with our goal of making business intelligence solutions more pervasive and accessible to everyone."

"Solutions competencies are an important way for Microsoft to better enable ISVs to meet customer needs," said Sanjay Parthasarathy, corporate vice president of the Developer & Platform Evangelism Group at Microsoft. "They allow ISVs to keep and win customers through their deep knowledge of solutions-based Microsoft platform technologies. Microsoft has a long history of working closely with ISV partners to help them deliver compelling solutions and applications to our mutual customers, and the Microsoft Competencies are an important step in continuing to enhance vital relationships with ISVs worldwide."

Parsec Automation Corp. again Earns Spot to Present at SWE Enterprises Conference

BREA, California – 06 February 2007 – Parsec Automation Corporation, the leading provider of real-time performance management (RPM) and enterprise manufacturing intelligence (EMI) software for life sciences and other global manufacturers, today announced that Scott Klages, Vice President – Senior Manufacturing Consultant will be presenting at The Preventive, Predictive and Scheduled Maintenance & Calibration Management Conference. The event organized by SWE will be held at La Jolla Marriott Hotel in San Diego, California, March 8-9, 2007.

"As a presenter, Scott’s experience and expertise on implementing automated data collection process to expedite performance and drive improved asset utilization gives great influence for the FDA regulated industries," said Kate Richardson, Director of Pharmaceutical Conferences at SWE. "It’s companies like Parsec that set the benchmark for business technology strategies and projects, and it’s no wonder why so many people are excited about the event." "SWE Enterprises Conferences is unique among industry conferences because of its interactive technical platform for innovation and sharing of current research and technological developments, applications, and information related to the pharmaceutical and biotech industry," said Scott Klages, Vice President at Parsec. "Our selection to present is a testament to our ongoing efforts to provide leading edge innovations to pharmaceutical and biotech communities."

About SWE
SWE Enterprises is an independent organizer unaffiliated with any industrial or special interest organizations. We provide a neutral, unbiased platform for the evaluation and sharing of current research, technological developments, applications and information related to the pharmaceutical and biotech industry. www.sweinc.biz

Parsec acknowledged as a leader by Manufacturing Business Technology Magazine in 2006

BREA, California – 09 January 2007 – Parsec Automation Corporation, the leading provider of real-time performance management (RPM) and enterprise manufacturing intelligence (EMI) software for life sciences and other global manufacturers, was named one of Manufacturing Business Technology Magazine’s "40 Top Emerging Software Vendors."

The list, featured in the October 2006 issue, spotlights those companies that have exhibited a variety of corporate successes, including company growth and recent customer wins over the last year in the manufacturing, enterprise and supply chain markets.

According to Manufacturing Business Technology Magazine, Parsec has increased license revenue by more than 500 percent in the first six months of 2006 compared to all of 2005, while growing the customer base by more than 200 percent.

"We are pleased to be recognized in this prestigious ranking by Manufacturing Business Technology Magazine," said Eddy Azad, CEO and President of Parsec. "Our selection in the 2006 list is a testament to Parsec’s commitment and growth as the leading real-time performance management software developer in the manufacturing industry. Our customers are experiencing tremendous success with TrakSYS™, which has been selected as the global standard platform for continuous improvement initiatives by a number of large multinational companies."

TrakSYS™ helps manufacturers improve asset utilization and efficiency, increase capacity with no new capital, reduce production costs, and improve profitability.

About Manufacturing Business Technology Manufacturing Business Technology is a monthly publication that explains the use of information technology to improve productivity in manufacturing and supply chain. It is owned by Reed Business Information (RBI), the largest business-to-business publisher in the U.S. and a member of the Reed Elsevier Group PLC.

Parsec’s OEE Software Boosts Productivity for Manufacturers

Brea,California, May 17, 2006 - Real-Time Performance Management (RPM), or OEE Software as it is commonly called, is now recognized as a "must have" tool for manufacturing companies, allowing them to quickly pinpoint areas for improvement. Parsec Automation Corp. today announced the release of the latest version of its RPM software suite, TrakSYS™ 4.04.

Craig Resnick, a Research Director at the ARC Advisory Group, commented, "Without the correct software tools, it is difficult for manufacturers to consistently identify, measure and make decisions based upon the variables that affect their productivity. Manufacturing productivity management software tools, such as Parsec’s TrakSYS™, are designed to help manufacturers make decisions that affect productivity based on real time measurements and intelligence."

Many plants believe they are operating at efficiency levels in the high 85 to 90 percent range, according to their traditional methods of measurement, using operator collected data and excluding certain losses. When these same plants switch over to Overall Equipment Effectiveness (OEE), which is a world-class metric of productivity, they often find that they are operating in the 50 to 70 percent OEE range. By fully exposing all losses due to OEE’s three components… Availability, Performance, and Quality… the plant team is able to focus on the most critical issues that will produce real benefits for the business.

TrakSYS™ Version 4.04 includes additional capabilities that enable manufacturers to rapidly boost capacity, improve productivity and asset utilization, and reduce unit costs. "These improvements include complete personalization of plant performance information based on job function, using the Web to deliver the data. This is important since ease of use, and the ability for users to quickly gain an understanding of the issues that are hindering performance, are keys to gaining user acceptance of such systems… and acceptance and support lead to productivity growth within the factory," says Scott Klages, Vice President of Parsec.

Many companies are investing in Lean – Six Sigma or other improvement initiatives. TrakSYS™ provides the set of tools that provides the Lean team with accurate, real-time data so they can spend their time working on real improvements, rather than collecting and sifting through data manually. In addition, TrakSYS™ provides tools that engage operators and maintenance technicians in the improvement efforts as well, with all team members focused on the same goal of boosting OEE.

"There is a tremendous multiplying effect associated between OEE improvement and profit improvement," says Klages. "For example, for a plant starting with an OEE of 50%, a 5 point gain in OEE, provides a 10% boost in plant output per shift, and this can translate into a 60% profitability gain for that particular product line."

Brea,California, April 13, 2006 – Parsec Automation Corp. announces its successful participation at Interphex 2006, March 21-23 in New York City. The event proved to be a valuable opportunity for attendees to meet one-on-one with Parsec’s technical experts, view live demonstrations of Parsec’s TrakSYS OEE software, and to stay on top of the latest techniques for boosting the productivity of pharmaceutical manufacturing.

Parsec helped to educate attendees regarding the value of OEE and real-time performance tracking solutions as they relate to the pharmaceutical industry.  Scott Klages, Parsec’s Vice President and Sr. Manufacturing Consultant, delivered an educational presentation as part of the Conference Program, entitled "Using Overall Equipment Effectiveness to Improve Manufacturing Productivity.” Scott’s presentation slides are available upon request; please send an email to info@parsec-corp.com with "Interphex PDF" in the subject line.

Parsec Automation Corp. Announces Earning Front Runner Status for TrakSYS™ 4.0

Brea, California, January 20, 2006 - Parsec Automation Corp. today announced that its TrakSYS™ 4.0 real-time performance management application using Microsoft SQL Server 2005, has earned the company Front Runner status from Microsoft Corp. TrakSYS™ 4.0 in combination with Microsoft SQL Server 2005 helps customers to significantly increase the utilization of their assets and capital equipment through improved manufacturing performance and productivity. SQL Server 2005 is the next-generation data management and analysis software that will deliver increased scalability, availability and security to enterprise data and analytical applications while making them easier to create, deploy and manage.

“Microsoft has always been committed to the success of our broad ISV partner community and will continue to
rely heavily on that community to drive innovative solutions to market,” said Pradeep Rathinam, general manager of U.S. ISV Strategy in the U.S. Partner Group
at Microsoft. “The Front Runner program was designed
to provide our partners with the best development environment possible and give them the technical and marketing tools they need to be successful over the
long term.”

Microsoft wanted to ensure that ISVs had access to a full host of benefits to enable them to bring best-of-breed solutions to market more quickly and effectively. Giving ISVs the resources they need to fast-track the development of these applications enables customers to start taking advantage of the increased scalability, availability and security of the application built on top of SQL Server 2005 almost immediately, increasing their company’s productivity.

“Parsec is excited to support SQL Server 2005 because it’s a great platform and a great leap forward,” said Eddy Azad, CEO of Parsec Automation Corp. “Achieving Front Runner status enables us to deliver applications to customers within the same timeframe as the launch of SQL Server 2005. As a result of the solution we have developed, we are uniquely positioned to help our customers get the most from their technology investment.”

TrakSYS™ 4.0 uses advanced real-time analytics and visualization to deliver personalized and collaborative business intelligence, in the form of key performance indicators, across the value chain. By effectively and non-intrusively collecting data from diverse sources, converting the data into useful performance information, and distributing the information to the right users at the right time TrakSYS™ helps manufacturers to reduce capital spending, boost capacity, improve planning and scheduling, reduce downtime and wastage, and achieve significant bottom- and top-line benefits.