Innovation and product development have long been the hallmark of Mitsubishi Electric,” says Tomohiko Kasai, general manager and vice president of the Engineering Center. “We see tremendous opportunities in bringing that focus and commitment to the American market.”
“There is enormous potential in United States for products based on split-ductless and VRF technology,” says Bill Rau, senior vice president and general manager, Mitsubishi Electric Cooling & Heating. “The Engineering Center will give Mitsubishi Electric a serious competitive advantage, as we can develop split-ductless and VRF technologies tailored to the unique needs of American consumers.”
Mitsubishi Electric made the strategic decision to open the Engineering Center in the U.S. because of the unique circumstances in the U.S. market. Split-ductless and VRF technologies are the de facto standard for cooling and heating in many countries around the world, but they are still relatively new to the United States. Mitsubishi Electric recognizes the many benefits of forging a closer link between the development of the technology and the market applications.
The Engineering Center includes engineers and designers from both Japan and the United States. Key management of the Engineering Center was involved in the original creation and development of the split-ductless and VRF technologies decades ago in Japan.
“With the Engineering Center located here in the U.S., the Japanese engineers get a close-up understanding and appreciation of the cooling and heating needs and guiding principles in this country,” says Meredith Emmerich. “They then use that applied knowledge to enhance the design and application of our split-ductless and VRF technologies.”
One additional factor in creating the Engineering Center is the high level of regulation in the U.S. market. “We have the most stringent design requirements and codes of any country in the world,” says Paul Doppel, director, industry and government relations, Mitsubishi Electric Cooling & Heating. “The Center will help us continuously evolve and adapt our technologies to meet the demands of the market.”
Mitsubishi Electric’s Product Marketing, Engineering Solutions & Services, Technical Operations, and Industry & Government Relations departments work closely with the Engineering Center to help define and develop solutions inline with our overarching product strategy. Mitsubishi Electric continuously surveys engineers, architects, contractors and building owners to learn about their experiences with split-ductless and VRF technologies and how they would like to see the products and technology develop.
“All of us work closely with the Engineering Center, so it makes sense to put us in close proximity,” adds Emmerich. “By operating side by side, we can work together on the development of specific products for the North American market.”
“We are looking to continually push the envelope of what is possible,” she adds. “We’re focusing on improving the performance, efficiency, sustainability, comfort and controls of our systems. We excel at all of those today, but we only want to get better
The Mitsubishi Electric system lent itself so well to all of our needs,” says Jeff Menard, Platte River’s facilities and security manager. “Because of the extremely flexible zoning options, all of the individual offices could function on their own, giving each employee full control over his or her space, and the VRF technology satisfied our emphasis on energy-efficiency.”
Prior to installing the system, the engineering team produced a 20-year life-cycle cost analysis and energy savings comparison between the existing system, the VRF system and a Variable Air Volume (VAV) system with high-efficiency gas boilers. The VRF system produced annual energy savings of more than $16,000 compared to the existing system and more than $5,000 compared to the VAV system. VRF life-cycle costs came in $300,000 less than just replacing the current system and $475,000 less than the VAV system.
The Mitsubishi Electric VRF system was installed in the headquarters building in August 2010. During the winter of 2010-2011, Platte River spent 58 percent less on electricity than in the previous winter.
The building is now aiming for an ENERGY STAR rating of 50 and is on its way to the goal of achieving a score of 75.
MITSUBISHI ELECTRI
Mitsubishi Electric offers a variety of semiconductor and electronic devices that are contributing to the advancement of information-processing and telecommunications. The company develops and manufactures power devices that provide higher operation stability and efficiency, next-generation optical devices that support today's rapidly evolving optical telecommunications networks, and high-frequency devices that are utilized in everything from mobile telephones to telecommunications satellites.
Confidential Information (indicated by [...]) has been omitted and filed separately with the
Securities and Exchange Commission.
Securities and Exchange Commission.
Mitsubishi Story with WAVECOM GSM mobile Phone
Mitsubishi Electric Corporation, | WAVECOM S.A ... modems being a stand alone voice and/or data communication device which comprises in a common ...
NON-ASSERTION AGREEMENT
This Non-assertion Agreement (hereinafter referred to as the“Agreement”) is made and entered into this 30th day of June, 2004 (“Effective Date”), by and between Mitsubishi Electric Corporation, a corporation of Japan, having its principal office at 2-2-3, Marunouchi Chiyoda-ku, Tokyo 100-8310, Japan (hereinafter referred to as“Mitsubishi”), and WAVECOM S.A., a corporation of France, having its principal office at 3, esplanade du Foncet, 92442 Issy-les-Moulineaux Cedex France (hereinafter referred to as“Wavecom”).
WITNESSETH
WHEREAS, Mitsubishi and Wavecom own certain patents technically or commercially essential to the GSM Standards and other patents which are not essential to the GSM Standards but may be used for mobile communication systems in the field of GSM; and
WHEREAS, Mitsubishi and Wavecom desire to determine fair, reasonable and non discriminatory terms and conditions which cover all patent issues, including any future potentials, relating to both parties’GSM products.
NOW, THEREFORE, in consideration of the mutual premises and covenants contained herein, Mitsubishi and Wavecom agree as follows:
ARTICLE 1 –DEFINITIONS
For the purpose of this Agreement, the following terms shall have the following meanings:
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1.1
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“Patent(s)” shall mean any patent, including utility models but excluding design patents and registered designs and other protection of the appearance of a product, applied for, issued or registered at any time, prior or during this Agreement, in any country of the world. The term Patent shall also include any patent application for any Patent as well as any division, continuation, continuation-in-part, reissue, renewal, and extension of the Patent and any patent resulting from the patent applications.
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Page 1 of 17
1.2
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“Mitsubishi Patent(s)” shall mean (i) any Patent having claims the infringement of which cannot reasonably be avoided in remaining compliant with any of the GSM Standards either for technological reasons or for lack of commercially viable technical alternatives (“Technically/Commercially Essential Patents”) and (ii) any Patent which is not essential to the GSM Standards but may be used for GSM mobile communication systems, owned and controlled by the Communication Systems Group of Mitsubishi or Mitsubishi’s Affiliates controlled by CSG (collectively, “Mitsubishi CSG”) on, before and after the Effective Date of this Agreement. For the avoidance of doubt, Mitsubishi Patents shall include Technically/Commercially Essential Patents, if any, which are owned and controlled by any Mitsubishi’s business units or Affiliates other than Mitsubishi CSG on, before and after the Effective Date of this Agreement. Mitsubishi Patents shall not include any patent of Mitsubishi that is handled or jointly licensed in any patent pool or consortium such as the MPEG4 Visual and MPEG4 Systems.
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1.3
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“Wavecom Patents”shall mean (i) any Patent having claims infringement of which cannot reasonably be avoided in remaining compliant with any of the GSM Standards either for technological reasons or for lack of commercially viable technical alternatives (“Technically/Commercially Essential Patents”), and (ii) any Patent which is not essential to the GSM Standards but may be used for GSM mobile communication systems, owned and controlled by Wavecom or its Affiliates on, before and after the Effective Date of this Agreement. Wavecom Patents shall not include any patent of Wavecom that is handled or jointly licensed in any patent pool or consortium.
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1.4
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“Mitsubishi Products” shall mean:
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(a)
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complete mobile terminals (such as a PDA, smart phone or cellular phone);
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(c)
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modules being an intermediate device intended to be integrated or used in combination with other equipments or devices through interfaces with voice and/or data sources; and
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(d)
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complete kits for modules having substantially all of the following functions:Radio Frequency and Base Band software and hardware;
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which operate in compliance with the GSM Standards or enable a feature or a function under the GSM Standards. It is noted that Mitsubishi Products shall not include the same with so-called "dual-mode" function which operates in compliance with (i) the GSM Standards and (ii) WCDMA, CDMA2000 or any other telecommunication standards.
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1.5
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“Wavecom Products”shall mean:
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(a)
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modems being a stand alone voice and/or data communication device which comprises in a common housing a SIM card holder and interfaces to external voice and/or data sources;
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(b)
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modules being an intermediate device intended to be integrated or used in combination with other equipments or devices through interfaces with voice and/or data sources; and
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(c)
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complete kits for modules having substantially all of the following functions: Radio Frequency and Base Band software and hardware;
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which operate in compliance with the GSM Standards or enable a feature or a function under the GSM Standards. It is noted that Wavecom Products shall not include the same with so-called “dual-mode” function which operates in compliance with (i) the GSM Standards and (ii) WCDMA, CDMA2000 or any other telecommunication standards.
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For the avoidance of doubt, Wavecom Products include any of (a), (b) and (c) products whatever their further use ie without limitation, which are used in or with any “Vertical Applications” including vehicles, vending machines, banking machines, wireless local loop equipments, or“Personal Communication Devices” including handsets, PDAs, or computing.
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1.6
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“GSM Standard(s)”shall mean the standard specifications by ETSI and/or other national telecommunications standards setting body, that are applicable to the Global System for Mobile Communications (“GSM”), the General Packet Radio Services (“GPRS”) and the Enhanced Data for GSM Evolution (“EDGE”) including its revisions, and localized version thereof, but not fundamentally altered. For the avoidance of doubt, any third generation mobile telephony standard, including but not limited to IMT-2000, 3GPP, 3GPP2, WCDMA, CDMA2000 and TD-SCDMA, shall not be included in the definition of GSM Standard hereunder.
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1.7
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“Affiliate(s)”shall mean a corporation or other entity of which a party hereto owns or controls, directly or indirectly, more than fifty percent (50%) of its voting stocks or rights; provided, however, that such corporation or other entity shall be regarded as Affiliate(s) only as long as such ownership or control exists.
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1.8
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“Net Sales Price”shall mean the gross invoice price of Wavecom Products as packed for shipment without any reductions except for the following items to the extent to which they are either separately itemized, or otherwise identifiable to the satisfaction of Mitsubishi and paid or allowed and included in the gross invoice price:
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Page 3 of 17
(a)
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sales or turnover taxes on sales invoices;
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(b)
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transportation charges, and insurance costs on shipments to customers;
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(c)
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discounts allowed in amounts customary in the trade;
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(d)
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credits allowed for Wavecom Products returned or not accepted by customers.
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Wavecom Products shall be deemed to be sold, leased or otherwise transferred to the customers, as the case may be, when they are invoiced or, if not invoiced, shipped to the customers. Wavecom Products shipped at no charge for test, evaluation and demonstration purposes in the normal course of the business shall not be considered as sold, leased or otherwise transferred and shall not be reported to Mitsubishi nor subject to any royalty payment.
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ARTICLE 2– NON ASSERTION OF RIGHTS/RELEASE
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2.1
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Subject to the terms and conditions of this Agreement, Mitsubishi hereby agrees that Mitsubishi and its Affiliates will not assert, during the term of this Agreement, directly and indirectly, any cause of action based, in whole or part, upon the purported infringement by Wavecom, its Affiliates, their direct or indirect customers and subcontractors, of any of Mitsubishi Patents, as a result of manufacture, subcontracted manufacture, use, sale, offer for sale, lease, import or other disposition of Wavecom Products in any country of the world.
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2.2
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In no event shall the provision of Article 2.1 be construed as Mitsubishi granting any license or immunity either directly or by implication, estoppel or otherwise, to any third party acquiring any Wavecom Product either directly or indirectly from Wavecom or its Affiliates for: (a) the combination of such Wavecom Product by such third party with any hardware or software item not acquired from Wavecom, where such combination is the direct cause of infringement (direct or contributory infringement) of any Mitsubishi Patent; or (b) any hardware or software item per se not acquired directly or indirectly from Wavecom that such third party combines with such Wavecom Product. However, Mitsubishi hereby covenants not to assert nor have asserted (including ensures that its Affiliates do not assert or have not asserted) any of Mitsubishi Patents against Wavecom and its Affiliates regarding its/their licensing of an internal design to make mobile terminals (technology licensing). For the avoidance of doubt, in no event shall Mitsubishi’s covenant of no-assertion hereunder be construed as covering any products which Wavecom’s customers purchased from any entity other than Wavecom, its Affiliates or their authorized distributors.
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2.3
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As partial consideration for the non-assertion of rights under Article 2.1, Wavecom agrees that Wavecom and its Affiliates will not assert, during the term of this Agreement, directly and indirectly, any cause of action based, in whole or part, upon the purported infringement by Mitsubishi, its Affiliates, their direct or indirect customers and subcontractors, of any of Wavecom Patents, as a result of manufacture, subcontracted manufacture, use, sale, offer for sale, lease, import or other disposition of Mitsubishi Products in any country of the world.
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2.4
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In no event shall the provision of Article 2.3 be construed as Wavecom granting any license or immunity either directly or by implication, estoppel or otherwise, to any third party acquiring any Mitsubishi Product either directly or indirectly from Mitsubishi or its Affiliates for: (a) the combination of such Mitsubishi Product by such third party with any hardware or software item not acquired from Mitsubishi, where such combination is the direct cause of infringement (direct or contributory infringement) of any Wavecom Patent; or (b) any hardware or software item per se not acquired directly or indirectly from Mitsubishi that such third party combines with such Mitsubishi Product. However, Wavecom hereby covenants not to assert nor have asserted (including ensures that its Affiliates do not assert or have not asserted) any of Wavecom Patents against Mitsubishi and its Affiliates regarding its/their licensing of an internal design to make mobile terminals (technology licensing). For the avoidance of doubt, in no event shall Wavecom’s covenant of no-assertion hereunder be construed as covering any products which Mitsubishi’s customers purchased from any entity other than Mitsubishi, its Affiliates or their authorized distributors.
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2.5
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For the purpose of this Article 2, “subcontracted manufacture” of Mitsubishi Products or Wavecom Products includes the act of Mitsubishi or Wavecom to subcontract portions of the manufacture and/or assembly of Mitsubishi Products or Wavecom Products to third parties and also the act of Mitsubishi or Wavecom to have a third party manufacture Mitsubishi Products or Wavecom Products for the sole account of Mitsubishi or Wavecom; provided that said Mitsubishi Products or Wavecom Products are made by such third party by using manufacturing drawings and specifications provided by Mitsubishi or Wavecom respectively which are in sufficient detail that no major additional designing is required by such third party except for adoption to the production processes and standards normally used by the third party.
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Page 5 of 17
2.6
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Each party hereby, for itself and its present Affiliates, releases the other party and the other party’s Affiliates and all customers of such other party and such other party’s Affiliates who have purchased or used Mitsubishi Products or Wavecom Products herein subject of this Agreement, from all claims, demands and rights of action which the first mentioned party or any of its present Affiliates may have on account of any act of infringement or alleged infringement of any Wavecom Patents or Mitsubishi Patents respectively prior to the Effective Date of the Agreement.
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2.7
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Either party agrees to be responsible for its Affiliates’ compliance with the terms and conditions of this Agreement.
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2.8
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This Agreement does not grant any right or license, or non-assertion under any intellectual property rights of either party except for the obligation of non-assertion of rights set forth in Article 2.1, 2.2, 2.3, 2.4 and 2.6 hereof, and no other right or license is to be implied by or inferred from any provision of this Agreement or by the conduct of the parties except as expressly provided in this Agreement.
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2.9
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Neither party shall use any trademark of the other party or any marks, signs or symbols similar to or resembling any trademark or trade names of the other party.
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2.10
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Neither party shall have any obligation to provide the other party with any technical assistance, technical training nor other technical services.
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ARTICLE 3 –CONSIDERATION
3.1
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In consideration of the non-assertion of rights under Article 2.1 of this Agreement, Wavecom shall pay to Mitsubishi, (i) with respect to Wavecom’s sales on and before 31 December 2003, […],and (ii) with respect to Wavecom’s sales on and after 1 January 2004, a running royalty at the royalty rate of […]based upon the Net Sales Price of all Wavecom Products sold, leased or otherwise transferred to the customer by Wavecom or its Affiliates in any country of the world. The initial payment shall not be credited against any running royalties hereunder.
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3.2
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No royalty shall be due by Wavecom to Mitsubishi for any Wavecom Products sold to Mitsubishi or an Affiliate of Mitsubishi.
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3.3
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No royalty shall be due by Wavecom to Mitsubishi for Wavecom Products rented, leased, let out or otherwise delivered at no charge to a Wavecom customer for normal commercial practice (engineering samples, test products, etc).
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3.4
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Royalty shall be payable once for each Wavecom Product sold by Wavecom or a Wavecom Affiliate. In the event that a customer or prospective customer of Wavecom claims already
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Page 6 of 17
to have an obligation to pay royalties to Mitsubishi under an existing license agreement (or non-assertion agreemen
Trayton Jay
Aktuell
- National Sales Managerbei Patlite (USA) Corporation
Früher
- Channel Manager - East Regionbei HMS Industrial Networks
- Director of Special Projects/Strategic Sales Managerbei Mitsubishi Electric Automation
- Director of Marketingbei Mitsubishi Electric Automation
Ausbildung
- Texas A&M University
Empfehlungen
3 Personen haben Trayton Jay empfohlen
Kontakte
256 Kontakte
Zusammenfassung von Trayton Jay
CAREER SUMMARY
Hands-on manager of technical Marketing, Product Development and Sales working in “player-coach” roles leading small teams to achieve big results. Successful track record of bottom-line revenue and profit contributions, and responsible for significant cost avoidance by undertaking very broad functional responsibilities, including key projects to develop and bring to market new software and hardware products.
HIGHLIGHTS of ACCOMPLISHMENT
+ Established a new business area connecting business IT to manufacturing; pilot program customer hit rate over 50%, $2M pipeline
+ Increased gross profit 260% (12% to 32%) between initial bid and final order during the 1 year sales cycle on an $8M project
+ Achieved 900% regional sales growth in 8 years and consistently won awards for sales volume and growth
+Increased profitability (and sales) on a major line from 30% to 40% via repositioning and cost negotiation
PRODUCT DEVELOPMENT PROJECTS
2006-09: “MES Interface IT” advanced communications module
2002-06: “MC-WORX” SCADA Software product line
2002-06: “MC Series” Industrial PC product line
2002-06: “Comprehensive Software Support System”
2001-06: “MX OPC Server” Software
2002-03: “MX OPC Server for MELDAS CNC”
2001-02: “Graphic Operator Terminal“(GOT) improvement project
1998: “Net-Master” Ethernet=based device control interface
1997-01: “Mitsubishi Computer Control” (MC2) PC-Based Control hardware/software line
1990: (co-inventor) – “Encoder Based Speed Control” (EBSC) for AC Variable Frequency Drives
Hands-on manager of technical Marketing, Product Development and Sales working in “player-coach” roles leading small teams to achieve big results. Successful track record of bottom-line revenue and profit contributions, and responsible for significant cost avoidance by undertaking very broad functional responsibilities, including key projects to develop and bring to market new software and hardware products.
HIGHLIGHTS of ACCOMPLISHMENT
+ Established a new business area connecting business IT to manufacturing; pilot program customer hit rate over 50%, $2M pipeline
+ Increased gross profit 260% (12% to 32%) between initial bid and final order during the 1 year sales cycle on an $8M project
+ Achieved 900% regional sales growth in 8 years and consistently won awards for sales volume and growth
+Increased profitability (and sales) on a major line from 30% to 40% via repositioning and cost negotiation
PRODUCT DEVELOPMENT PROJECTS
2006-09: “MES Interface IT” advanced communications module
2002-06: “MC-WORX” SCADA Software product line
2002-06: “MC Series” Industrial PC product line
2002-06: “Comprehensive Software Support System”
2001-06: “MX OPC Server” Software
2002-03: “MX OPC Server for MELDAS CNC”
2001-02: “Graphic Operator Terminal“(GOT) improvement project
1998: “Net-Master” Ethernet=based device control interface
1997-01: “Mitsubishi Computer Control” (MC2) PC-Based Control hardware/software line
1990: (co-inventor) – “Encoder Based Speed Control” (EBSC) for AC Variable Frequency Drives
Spezialgebiete
Industry Experience:
Automotive
Packaging / Material Handling
Postal Systems
Machine Tool
Semiconductor
Alternative Energy (wind, solar)
Oil Production
Mineral mining/processing
Position Responsibility for:
Marketing Management
Sales Management
Strategic Sales Development
Product Development
Strategic Alliances
Deep knowlege of industrial automation
(market, major competitors, industries, products, etc.)
Deep technical knowledge of industrial Fieldbus and Ethernet
Automotive
Packaging / Material Handling
Postal Systems
Machine Tool
Semiconductor
Alternative Energy (wind, solar)
Oil Production
Mineral mining/processing
Position Responsibility for:
Marketing Management
Sales Management
Strategic Sales Development
Product Development
Strategic Alliances
Deep knowlege of industrial automation
(market, major competitors, industries, products, etc.)
Deep technical knowledge of industrial Fieldbus and Ethernet
National Sales Manager
Patlite (USA) Corporation
Industrial Automation industry
April 2011– Present (1 year 4 months)
Managing sales for industrial electrical and automation products through an outside/inside sales team and a network of industrial distributors.
Channel Manager - East Region
HMS Industrial Networks
January 2010– June 2011 (1 year 6 months)
Director of Special Projects/Strategic Sales Manager
Mitsubishi Electric Automation
March 2006– March 2009 (3 years 1 month)
Director of Marketing
Mitsubishi Electric Automation
March 1997– March 2006 (9 years 1 month)
Western Region Manager
Mitsubishi Electric Automation
October 1988– January 1997 (8 years 4 months)
Contacts:
Trayton Jay
Mitsubishi Electric Automation, Inc.
847-478-2238
Trayton.Jay@meau.com
Trayton Jay
Mitsubishi Electric Automation, Inc.
847-478-2238
Trayton.Jay@meau.com
Mitsubishi Electric Corporation, IBM and ILS Technology Develop
Reference Architecture for Automotive Industry
Reference Architecture for Automotive Industry
Products and Services Allow Integration of Device-to-IT Connectivity
Helping Clients Enable SOA and Other Industry Standards
Helping Clients Enable SOA and Other Industry Standards
TOKYO — Jan. 31, 2008 — Mitsubishi Electric Corporation, IBM and ILS Technology LLC today announced they are delivering a service oriented architecture (SOA) solution that is specifically designed for the automotive manufacturing industry.
The three companies have developed a reference architecture that can help customers meet industry standards more quickly for device-to-IT connectivity. Each company brings key technology that significantly strengthens this alliance. IBM’s integration services, SOA Foundation extended for manufacturing and project management will be an integral part of this alliance. IBM creates software, service offerings, as well as custom implementations for the automation and industrial market segments.
Mitsubishi Electric develops best-in-class factory automation systems with direct enterprise computing connectivity via the MX MES Interface IT and other factory devices used in the automation and industrial market segment. ILS Technology’s deviceWISE embedded software is integrated into the Mitsubishi Electric e-Factory Portfolio and links IBM’s and plant floor technologies together for those segments. These frameworks are used to connect the device tier to the enterprise-IT tier.
Under the terms of the agreement, each company will jointly market their respective products and services to industrial customers.
The agreement is the culmination of the companies’ collaboration on reference architecture during the past year. ILS Technology’s deviceWISE platform was recently recognized by IBM’s SOA Specialty after successfully completing IBM’s rigorous SOA technical and business requirements. Mitsubishi Electric and ILS Technology worked together to integrate deviceWISE into Mitsubishi Electric’s e-Factory portfolio for factory automation.
All three companies have agreed to cooperate on marketing and sales of products or services that will permit their customers to more efficiently integrate device-to-IT connectivity, which will enable the exchange of live information between the factory floor and the enterprise. The three companies are involved in discussions with major global automation and industrial customers that can benefit from their complementary technologies.
“This collaboration responds to identified customers’ needs and helps enable IBM’s Service Oriented Architecture (SOA) standard in legacy and current technology,” said David Petrucci, global executive, Industrial Sector Solution Sales, IBM Software Group. “Through this partnership, we are building architecture that supports SOA, and by combining our expertise, we leverage all of our resources to provide the marketplace with solid solutions.”
“ILS Technology brings its proven experience in factory-to-enterprise connectivity to this alliance,” said Fred Yentz, chief operating officer, ILS Technology. “Through our collaboration with IBM and Mitsubishi Electric, we’re able to provide the technology solutions which bring a new set of standards to the marketplace. These integrated offerings will help organizations improve their business and manufacturing efficiencies and lower costs.”
“The combination of these technologies provides our customers with advanced solutions that simplify integration and reduce Total Ownership Costs (TCO),” said Satoshi Takeda, Nagoya Works Controller Section Marketing manager, Mitsubishi Electric. “This agreement also further leverages Mitsubishi Electric’s presence and e-Factory offerings in the global market.”
About IBM
For more information about IBM, visit www.ibm.com.
About Mitsubishi Electric
With over 80 years of experience in providing reliable, high-quality products to both corporate clients and general consumers all over the world, Mitsubishi Electric Corporation (TSE:6503) is a recognized world leader in the manufacture, marketing and sales of electrical and electronic equipment used in information processing and communications, space development and satellite communications, consumer electronics, industrial technology, energy, transportation and building equipment. The company recorded consolidated group sales of 3,855 billion yen (US$ 32.7billion*) in the fiscal year ended March 31, 2007. For more information about Mitsubishi Electric Corporation, please visit http://global.mitsubishielectric.com/.
About ILS Technology
ILS Technology, LLC, provides software technology and services that change the way companies share information – within their own operations and their end-to-end supply chain. The company’s solutions, including software as a service, enable secure and collaborative connections between intelligent devices in production environments, across enterprises and between businesses. Offering broad applicability in a wide array of industries, ILS Technology’s offerings have been field-proven in markets where the protection of intellectual property is crucial and the ability to share information from any point around the world in real time is paramount. Solutions developed by ILS Technology adhere to demanding industry standards and are adaptable to virtually any technology platform regardless of vendor. For more information, visit http://www.ilstechnology.com.
ILS Technology is wholly owned subsidiary of Park-Ohio Holdings Corp. (Nasdaq:PKOH), a leading provider of supply chain logistics services and a manufacturer of highly engineered products for industrial original equipment manufacturers (http://www.pkoh.com).
# # #
Contacts:
Trayton Jay
Mitsubishi Electric Automation, Inc.
847-478-2238
Trayton.Jay@meau.com
Matthew Berry
IBM Media Relations
914-766-1715
mhberry@us.ibm.com
Catherine Koo
Loomis Group
415-882-9494 ext 396
Loomis Group
415-882-9494 ext 396