INTELEX TECHNOLOGIES Stock

Intelex President and CEO Mark Jaine Toronto-based Environmental, Health, Safety and Quality management (EHSQ) software provider Intelex Technologies Inc. has unveiled its Asset & Compliance Tracking System (ACTS) for manufacturing companies at the National Association for Environmental Management Environment, Health and Safety (NAEM EHS) and Sustainability Management Forum this week in Denver, Colorado. Intelex claims that its ACTS platform is already used by 40% of the top 50 public oil and gas companies in the United States. Aiming the product at the manufacturing sector is intended as a way for companies to manage their environmental risk and compliance, as well as operations and emissions standards, including greenhouse gas (GHG), hazardous air pollutants (HAP), and criteria pollutants. “Using the same successful approach we used with our oil and gas customers, we have taken a fresh perspective in traditional EMIS software and implementation by embedding industry-specific content libraries, emission calculations, pre-design configurations, and a native data integration engine within the application,” said Tom Duong, VP of Market Strategy at Intelex. “The result is a content-rich, out-of-the-box solution built to address common issues across the manufacturing industry, which is flexible enough to address specific client needs. We’re confident our new offering will greatly enhance manufacturers’ compliance management and operational efficiency.” The Intelex platform increases efficiencies and focuses on employee safety, while facilitating compliance with international standards and regulations such as ISO 9001, ISO 14001 and OHSAS 18001. The platform's environmental management content libraries have been extended to ensure overall compliance for manufacturers. Intelex ACTS combines a best-in-class calculation engine with real-time emissions reporting to ensure continuous compliance, and comes preloaded with emission sources, emission factors, calculations, reports, regulations, and modules tailored specifically to address manufacturing reporting requirements. Intelex Technologies Inc. was founded in 1992, and has since become a global leader in developing environmental, health and safety, and quality (EHSQ) management software, with more than 1,000 clients, including blue-chip companies like Kraft, Nestlé, Sears, Virgin Atlantic, Bayer and Volvo, implemented for 1 million users in over 250 industries. Last August, Intelex secured a $160 million investment, led by JMI Equity, with participation from Boston-based HarbourVest, marking the first time in the company's history that Intelex took in outside investment. JMI has previously invested in Eloqua, which was acquired by Oracle in 2013 for $1 billion. At the time of that investment in 2015, Intelex CEO Jaine said that he expected to finish this fiscal year with 40%-50% growth, after five consecutive years of comparable growth. Aside from posting several years of double-digit revenue growth, Intelex has also been the recipient of Waterstone’s Most Admired Corporate Cultures award, Deloitte’s Best Managed Companies award, and Aon Hewitt’s Best Employer award. In June, Intelex acquired Denver-based Ecocion, a SaaS provider of environmental management information systems (EMIS) aimed at helping businesses manage the challenges inherent to environmental risk and compliance, regulatory requirements and greenhouse gas (GHG) emissions reporting. Intelex had more than 375 employees in its Toronto office at the time of the Ecocion acquisition, which itself had 60 employees. The (NAEM EHS) and Sustainability Management Forum continues in Denver until October 28.

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Intelex Technologies reveals Asset & Compliance Tracking System for manufacturers

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