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Emydex Technology ranked 17th in Deloitte Technology Fast 50 2014

10 November 2014

Emydex attributes its growth to new customer wins in Southern Africa and Seafood Processing Industries

Dublin, Ireland, 10 Nov 2014 – Emydex Technology today announced that it ranked number 17th in the 2014 Deloitte Technology Fast 50, a ranking of the 50 fastest growing technology companies in Ireland. Rankings are based on average percentage revenue growth over five years, over which period Emydex revenues grew by 400%. This is Emydex’s 3rd year in a row making the Deloitte Fast 50 listing. Last year the company ranked in 16th position in Ireland, also achieving the EMEA Technology Fast 500 listing.

The company supplies factory floor data capture and production reporting software systems to food processors, enabling them report on production yields, stocks, and traceability information in real-time. Emydex’s CEO, David McMahon, credits keys wins in new overseas markets such as Namibia and Botswana, as well as new industries such as Infant Formula and Seafood Processing with the company’s growth over the past five years. He said, “Emydex is the clear market leader in our field of expertise in Ireland, and one of the leading suppliers in the UK. Today over 35 customers operate Emydex software systems in over 70 meat and food processing plants. Now the focus turns to taking the success story further afield into International markets such as Australia, New Zealand, Southern Africa as well as South America.”

The Fast 50 programme, now in its fifteenth year in Ireland, ranks the fastest growing technology companies in the Republic of Ireland and Northern Ireland. This year, there are 13 companies from Northern Ireland in the ranking. The average growth rate of the Fast 50 companies named in this year’s ranking is 276%.

Details of the final Technology Fast 50 ranking list are available to download atwww.fast50.ie

Allergen Labelling, upgrade to an Emydex Traceability system.

24 July 2014

New EU Food Allergen Labeling Regulation

By December 13th 2014 all food labels in EU must identify allergens to comply with the European directive 1169/2011. The goal of the directive is to provide greater clarity to consumers on ingredients, nutrition and allergens. Manufacturers, retailers and food service operators need to clearly highlight food allergens within the ingredients list.

The EU directive 1169/2011 at a glance

Scope of the new regulation

Mandatory nutrition information on processed foods;
Mandatory origin labelling of unprocessed meat from beef, sheep, pigs and poultry;
Highlighting allergens e.g. peanuts or milk in the list of ingredients;
Better legibility i.e. minimum size of text: letter x height needs to be at least 1.2mm
Requirements on information on allergens also cover non pre-packed foods including those sold in restaurants and cafés.

The 14 substances and products that cause allergies or intolerances

Cereals containing Gluten
Celery
Crustaceans
Eggs
Fish

Nuts
Lupin
Milk
Molluscs
Mustard

Peanuts
Soybean
Sesame Seeds
Sulphur dioxide and Sulphites

This can be achieved using an Emydex Traceability labelling software system integrated with Nice Labels.

No longer do you need to define separate label templates for each product with fixed ingredient text. Emydex allows you to minimize the number of label templates required by allowing ingredient text to be stored as a variable against each product. The user will identify the allergens in the ingredient text and highlight them in bold text.

Mandatory origin labelling is accomplished by the traceability infrastructure inherent within the Emydex system. Country of Origin (and other traceability data) is recorded at Intake against an Internal Traceability Number (ITN). This ITN number then follows the products through the plant to the labelling process where the country of origin is extracted for printing on the label. When the traceability chain within the Emydex system is not complete (e.g. not full installations), the Country of origin can be selected from a drop down list at the labelling stations.

Example Label showing Allergen Ingredients highlighted in Bold

Just one more reason why Emydex is the correct choice for
real time on-demand labelling applications.

HOT HIGH-GROWTH COMPANIES: TWENTY TO WATCH

22 June 2014

Ireland’s most exciting companies are going for global growth. From Enterprise Ireland’s top 100 list, here are 20 rising stars

15. Emydex Technology

Funding: self-funded with Enterprise Ireland backing

Ambition: rapid expansion
The agrifood software company plans to add 20 software developer staff in the next year, doubling its numbers. It recently won a valuable contract with Namibian firm MeatCo.

In the aftermath of the horse meat scandal and with growing food safety concerns worldwide, the time is ripe for fast growth.

Emydex is in the hot agritech space, providing software that gives critical food traceability in the industry for food processing companies like Dawn Meats and Moy Park, helping them track producing, costs and origin of product.

Written by Róisín Burke – Sunday Business Post

Irish tech firm strikes Namibian deal

2 June 2014

Dublin-based agri-food tech firm Emydex Technology has signed a deal with the Meat Corporation (MeatCo) of Namibia, in Africa, to provide it with software systems.

The Irish firm develops and exports factory floor data capture, production reporting and traceability software systems to leading meat and processing firms across the globe.

The new two-year contract, worth €300,000, will involve six different MeatCo sites and has helped drive increases in Emydex’s workforce, which is expected to almost double from its current 22 employees. Twenty additional staff will be recruited over the next 18 months thanks to the new deal.

David McMahon, chief executive, Emydex Technology, explained the company was benefiting from export-led growth in the agri-food sector.

“Thanks to the solid growth in Irish food exports, there is a corresponding growth in demand for more sophisticated and robust software systems for production management, reporting and traceability.

“Responding to this growing demand, we will be doubling our workforce over the next 18 months, recruiting 20 highly skilled software programmers to work in our three main operating divisions in Dublin. Alongside the country’s reputation for high-quality food processing, Ireland is also becoming better-known for its food processing software capabilities.”

MeatCo is a meat processing and marketing organisation that works on behalf of Namibian farmers.

Source: GlobalMeatnews.com – Georgi Gyton article

20 Software Jobs and Namibian Deal for Agri-Food Tech Firm

28 May 2014

Jobs news coincides with Namibian deal for Irish Software Company.

Company supported by Dept. of Jobs through Fingal LEO and Enterprise Ireland

The Minister for Jobs, Enterprise and Innovation, Richard Bruton T.D., has welcomed the announcement by Irish-owned Emydex Technology that it is to create 20 full-time software jobs in Dublin over the next eighteen months, doubling its workforce.

The Agri-food software company, which already employs 22 staff, has also announced a major deal with the Meat Corporation of Namibia in Africa (‘MeatCo’). The meat processing and marketing organisation works on behalf of Namibian farmers and the two-year €300,000 contract will involve six separate MeatCo sites in the Sub-Saharan country.

The software company, which is celebrating its 10 year anniversary in 2014, was set-up with the support of the Fingal Local Enterprise Office and the company’s development continues to be supported by the Department of Jobs through Enterprise Ireland here and overseas.

It develops and exports factory floor Data Capture, Production Reporting and Traceability software systems to leading meat and food processing companies around the world. Working in Ireland, the UK, France and now Africa, the company’s impressive client list includes Kepak, Dawn Meats, Dunbia, Moy Park and the Kerry Group.

Welcoming the jobs news in Dublin today, Minister Richard Bruton T.D. said: “ICT is a sector which we have specifically targeted as part of our Action Plan for Jobs, and in recent years we have seen significant growth in this area. Today’s announcement that Emydex, an Irish-owned company which has grown with the support of the Fingal Local Enterprise Office and Enterprise Ireland, is expanding further and creating 20 additional jobs is a great boost. I congratulate them on this project and wish them every success for the future”.

According to The CEO of Emydex Technology, David McMahon, the company is benefitting from export-led growth in the Agri-food sector. He said: “Thanks to the solid growth in Irish food exports, there is a corresponding growth in demand for more sophisticated and robust software systems for production management, reporting and traceability. Responding to this growing demand, we will be doubling our workforce over the next 18 months, recruiting twenty highly skilled software programmers to work in our three main operating divisions in Dublin. Alongside the country’s reputation for high quality food processing, Ireland is also becoming better known for its food processing software capabilities.”

Originally founded in 2004 by Redmond Burke, now a Non-Executive Director, and James Grennan, Emydex Technology’s Product Director, the company received feasibility and employment grants from the Fingal Local Enterprise Office and more recently, continues to be supported by Enterprise Ireland.

Recruitment is already underway for the software programming positions, which will be based at Emydex Technology’s Blanchardstown headquarters in Northwest Business Park. Of the new specialist roles announced today, ten will be hired immediately, with the remaining ten to be recruited over the next eighteen months.

Emydex sign many of Ireland’s Largest Fish Processors

21 May 2014

Exhibiting at the Teagasc Meat@Gateways event being held in Ashtown, Emydex today announce they have signed up several new Fish processing customers in as many months.

Working in conjunction with BIM’s eLocate scheme, designed to encourage seafood enterprises to implement common standards of traceability, labelling and weighing through the implementation of Traceability software systems such as Emydex.

Pictured with Tom Hayes TD, Minister of State at the Department of Agriculture, Food and Marine at the Teagasc – Food Innovation Gateway event are Emydex CEO, David McMahon and Emydex Product Director, James Grennan.

Emydex has so far signed up some of the largest processors in Ireland including Castletownbere Fisherman’s co-op, Glenmar Shellfish, Goodfish and Eiranova, all located in Co. Cork, the Clogherhead Fisherman’s co-op in Louth, Galway & Aran Fishermans co-operative, Nolans Seafood and Rockabill in Co.Dublin.

Roll-out is well underway in most projects, with the Emydex Production Management System now operational in many seafood processing factories. The Emydex Fish factory system was designed in close collaboration with the GS1 Ireland and BIM, the latter whose aim is to implement barcode labelling and traceability standards across the seafood processing Industries in Ireland, as well as Europe. In addition, Emydex’s labelling at sea system is currently being trialed a number of Trawlers operating in the Irish Sea.

Emydex’s Fish Processing software system is designed to handle all types of seafood processing whether white fish or shellfish, fresh or frozen, and can manage the entire seafood processing supply chain from boats labelling product at sea, to boat landings, 3rd party intake, re-grading, production and processing such as filleting, smoking, labelling, warehousing and dispatch. The system also provides for real-time yield analysis and KPI reporting

The software system can integrate to 3rd party cold stores, financial systems as well as a large range of factory floor hardware devices such as indicator/scales, PC terminals and hand-held scanning devices used for sales order picking and dispatch as well as stock management.

More info on the Meat@gateways event can be found here

Emydex Technology ranked 17th in Deloitte Technology Fast 50 2014

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