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Advanced Process Control for the Refining and Petrochemical Industry

Matrikon announces MxNet(tm) for web visualization of supply chain and operations data

Edmonton, - August 12, 2003-Matrikon Inc. (TSX: MTK) today announced the official release of MxNet(tm). MxNet(tm) is a powerful plant front-end that provides one-stop web-based visualization of every aspect of the supply chain and manufacturing operations, regardless of where the source information resides.

MxNet(tm) contains a full suite of tools for enhancing operational excellence, including data analysis, trending, reporting and at-a-glance key performance indicators. MxNet(tm) integrates seamlessly with the scheduling and line sequencing products in Matrikon's MxSuite for a complete manufacturing floor and supply chain solution.

"Based on our success with MxNet at Ford and Hitachi, we are confident that the manufacturing industry is eager for a tool such as MxNet," said Mark Hamblin, chief software officer of Matrikon. "MxNet leverages existing infrastructure investments and legacy technology to provide the lowest cost solution for the highest level of visibility. This empowers users to achieve maximum effectiveness - they can stop looking for data and start turning the information that is available at their fingertips into action. There is no other solution that can offer this to today."

About MxNET
MxNET(tm) is an out-of-the-box solution delivering web-based access to historical and tag based data, regardless of the data's original format or operating system.

MxNET(tm) securely distributes your data to whomever needs it, wherever they are.

With MxNET(tm), you can realize the full potential of your information assets without duplicating databases, worrying about complicated IT administration issues that plague thick client implementations, or paying for multiple client licenses for each data source. One application and one price to view all your data regardless of the number of data sources involved.

MxNet(tm) is a sister product to Matrikon's ProcessNet, which has been the leading technology for process plant data visualization since 1997.

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 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:

Nicole Sayler

Phone: 780-945-4010