Neptec Technologies and Peck Tech Consulting Launch Joint Venture

OTTAWA and MONTREAL - Neptec Technologies Corp. and Peck Tech Consulting Ltd. announce the formation of a joint venture to deliver innovative sensor-driven automation products and services to the global mining market.

"The mining industry is embracing technology to improve the safety and cost effectiveness of their operations, and while factory-delivered 'autonomy' solutions have been getting much of the attention, there are also huge benefits to be gained from intelligent sensor-driven safety and operator-assist solutions for mobile mining equipment that deliver immediate operational benefits and ROI for early adopters," said Dr. Jonathan Peck, President and CEO of Peck Tech Consulting. "Our new venture combines Peck Tech's intimate understanding of the mining process and technology needs with Neptec's excellence in technology innovation and its full product realization capabilities to bring new and practical aftermarket product solutions to our mining customers."

"Neptec Technologies and Peck Tech have been working together for more than three years on adapting Neptec's Space technologies for the mining market, and now we're combining our strengths to create a unique venture to address the immediate need of our clients for innovative, machine-agnostic products and services for both open-pit and underground mining," said Mike Sekerka, CEO of Neptec Technologies.

For more information, visit http://www.neptectechnologies.com and http://www.pecktech.ca