Rick Mosca Joins Memex as Chief Operations Officer, USA, and Subscribes to Latest Non-brokered Private Placement

BURLINGTON, ONTARIO--(Marketwired - Dec. 11, 2014) - Astrix Networks Inc., operating as Memex Automation (TSX VENTURE:OEE) ("Memex" or the "Company") has closed a non-brokered private placement totaling $348,000. A total of 2,900,000 Units were issued at a price of $0.12 each ("Units"). Each Unit is comprised of one common share in the capital of the Company (a "Common Share") and one-half of one common share purchase warrant (a "Warrant"). Each whole Warrant entitles the holder to purchase one Common Share at a price of $0.16 at any time prior to 4:00 p.m. (Eastern Time) on December 12, 2016.

Rick Mosca Joins Memex as Chief Operations Officer, USA, and Subscribes to Latest Non-brokered Private Placement