TORONTO – Titan Medical Inc. ('Titan' or the 'Company') (TSX: TMD; OTC: TMDIF), announced today that Benchmark Electronics, Inc., the company engaged by Titan under a manufacturing and supply agreement for the manufacture of Titan's Enos Surgical System, has purported to terminate the agreement.

Titan did not receive delivery from Benchmark of manufactured Enos Surgical System units and disputes that Benchmark has grounds for the termination. Titan has rejected Benchmark's allegation that Titan breached the agreement.

TYNGSBORO, MA – Transition Automation, Inc. recently received a large order for Advanced Holder and Blade Assemblies compatible with DEK printers from Rotec BV in Belgium. This order – the third in recent months to Rotec – comes as Transition Automation seeks to realign Permalex distribution with a concentration on high-tier partners.

Rotec BV is established as a supplier of advanced Laser Stencils for more than 30 years and also plays a key role in supplying high-performance solder paste and consumable products for SMT users. Nick Driesen, Technical Sales Manager and co-owner of Rotec, commented recently about this order at Productronica, “The customer who received this order reported a 15% improvement in solder paste volume repeatability in the first week after installation. They are happy with the quality.”

Transition Automation, Inc. is a worldwide leader in the manufacturing and sales of Permalex® Edge Metal Squeegees, holder systems, and advanced SMT printing systems. Founded in 1989, Transition Automation, Inc. is the first company to develop polymer infused metal squeegees for SMT when all printers at the time used urethane squeegees. Transition Automation remains the only company with a singular focus on high-performance metal squeegee blades and holder systems. Permalex brand squeegees are used by many top-tier electronics manufacturers, especially those companies who have high value, mission-critical end-markets, such as space and satellite, automotive, avionics and industrial controls. Transition Automation, Inc. is located at 5 Trader Circle, Building D, Tyngsboro, MA 01879 USA; 978-649-2400; Fax: 978-649-2402, Web: www.metalsqueegees.com 

PALO ALTO, CA – Arch Systems, the leading provider of data, analytics, and insightful actions for manufacturing operations, announced this week its collaboration with Plexus Corp. (NASDAQ: PLXS), a global leader in complex product design, supply chain, manufacturing, and sustaining services. The strategic partnership will enhance Plexus’ Industry 4.0 journey by implementing the ArchFX platform across its SMT lines within its production facilities globally. This integration will enable Plexus to capture vital analytics at various levels – from individual machines to the global scale.

Plexus chose Arch Systems for its pre-built operational intelligence platform and extensive library of insights. Arch's solution, characterized by its no downtime deployment and managed connectivity, stood out as a key factor in the decision. The ease of integrating both internet-enabled and legacy equipment with the ArchFX Cloud, achievable in mere hours, played a pivotal role in this choice.

Ronnie Darroch, Executive Vice President & Chief Technology Officer at Plexus, commented, “The integration of ArchFX expands our Industry 4.0 capabilities via its advanced IoT connectivity, allowing us to stream real-time machine data globally to a cloud-based big data platform. As a single repository for our machine data, ArchFX will provide comprehensive manufacturing insights and analytics across our global footprint. This capability is fundamental to Plexus executing its strategy through improving quality and productivity, and it paves the way for leveraging machine learning and artificial intelligence as we help create the products that build a better world.”

Additionally, Plexus will use Arch’s GLO product to unify global and local operations. This will facilitate cohesive decision-making on Overall Equipment Effectiveness (OEE), utilization, and quality across our operations, driving efficiency and consistency.

Zoltan Szoke, a Process Engineering Manager at Plexus, noted, “Arch’s platform is a superior solution given the easy access to meaningful data compared to existing tools, which significantly reduces investigation times for engineers.”

The partnership, spanning three years and covering key geographies in the AMER, APAC and EMEA regions across seven countries, aims to drive operational efficiencies and elevate Plexus’ Industry 4.0 capabilities through advanced analytics and machine learning. Plans are also in place to expand ArchFX’s scope to automation and robotic connectivity in back-end assembly operations, ensuring end-to-end visibility and performance tracking.

For more information about Arch Systems and our journey with Plexus Corp., visit https://archsys.io or follow us on LinkedIn or Twitter.

TUMKUR, INDIA – Incap Contract Manufacturing Services Pvt Ltd is proud to share having received the IT Exports Award for the year 2022–2023. This esteemed recognition comes from the STPI (Software Technology Parks of India) in Karnataka. Incap was chosen as the winner in the "Best Performer - Electronic Hardware Exports - Bengaluru (Exports up to INR 2000 crores)" category.

Murthy Munipalli, Managing Director of Incap India, expressed his gratitude for the success, acknowledging the dedication and expertise of the Incap India teams as the driving force behind their achievements. He stated, "Their commitment has truly been the driving force behind our success, showcasing not only their expertise but also their unwavering dedication to our shared goals." Mr. Munipalli also extended appreciation to Incap's clients, expressing gratitude for the trust placed in the company. He remarked, "We are grateful for the trust our clients place in us. Their confidence in our capabilities propels us forward and motivates us to continuously strive for excellence."

This is the 6th time for Incap to receive the prestigious STPI IT Exports Award. Mr Munipalli stated that Incap is proud to work in Karnataka, which is the heart of the electronics and IT sector in India while forming almost half of the country’s performance in this field.

Incap India factory is located in Tumkur, near Bangalore. To meet the growing demand, Incap has been increasing the production capacity in India and opened a third factory in India in 2023. The three factories at Incap India have 26,500 square meters of total floor space. The factory produces inverters and UPS, battery chargers, PCBs for fuel and cash dispensers, power supply units, rescue devices, solar inverters, drives and medical devices as well as devices for other electronic industrial products. The machinery is suitable for common component technologies, and together with the great location and skilled personnel, Incap can provide high-quality manufacturing services to meet the most demanding customer needs.

Incap India has been a member of STPI since 2007. All STPI Member Units from the State of Karnataka have contributed to the tune of 41% to the total IT/Electronic Hardware Exports under STPI from the country.