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Balassing act
Sion Balass's revolutionary "artificial creativity" software is almost as interesting as his family story. From Iraq and Iran to London, Savion, and now, Silicon Wadi...
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Globes Online 7 Mar 05
Carmel Olefins Contracts Matrix Advanced Solutions for Manufacturing Optimization Project
Matrix will reduce costs and improve quality control for Carmel Olefins
London, England, June, 2004 – Carmel Olefins Ltd., Israel's largest producer of polymers and its sole producer of polyolefins, has contracted Matrix Advanced Solutions to apply its artificial intelligence and modeling technology to Carmel Olefins' manufacturing process. The goal is to further enhance and optimize Carmel Olefins' process by reducing costs and improving quality control.
According to Matrix CEO Sion Balass, "Carmel Olefins, an industry leader, is dedicated to the continuous development and improvement of its manufacturing process. The company emphasizes innovation, quality assurance, and the environment. Its leadership in efficiency and productivity is evident in its willingness to adopt new and advanced technologies like ours. Carmel Olefins is a great partner for us, and we hope that this is only the beginning of a very fruitful relationship.”
About Carmel Olefins
Carmel Olefins Ltd. is Israel's largest producer of polymers, and its sole producer of polyolefins. Carmel Olefins’s products include polypropylene, pressure pipe compounds, and ESD compounds. The company has sales offices in the United Kingdom, Italy, Greece, Israel, Turkey and Australia.
www.carmel-olefins.co.il
About Matrix Advanced Solutions
Matrix Advanced Solutions is a provider of computational products, applications and research support services. Matrix designs intelligent systems providing solutions to complex problems for a variety of industries, using an adaptive approach. The company offers its customers significant cost reduction, reduced time-to-market, and improved quality control. Its technology can be applied in industries ranging from defense, finance, process optimization, material development to drug discovery and pharmaceuticals. www.matrix-as.com
Matrix Advanced Solutions Forms Defense and Retail Consortium with SPARTA
Will offer advanced data analysis and modeling to the US and European defense and retail trade industries
London, England, February, 2004 - SPARTA Inc., an employee-owned company with headquarters in Lake Forest, California, and Matrix Advanced Solutions, a European-based technology company, have recently agreed to establish a consortium. The consortium will provide advanced data analysis and modeling to the US and European defense and retail trade industries.
The combination of SPARTA’s unique data modeling technology and defense industry expertise and Matrix’s innovative artificial intelligence data analysis technology, constitutes a novel offering for both defense and retail trade players. The consortium will have the capability to solve problems previously considered unsolvable. Data modeling addresses several vital industry needs.
The consortium’s novel technology can be applied to almost any problem, from missile defense to medical devices, and even material and drug development.
According to Matrix CEO, Sion Balass, “Cooperation with a company like Sparta represents significant progress in Matrix’s attempt to penetrate the US market. This is a major step forward for Matrix, and we are delighted to have the opportunity to work with SPARTA. Our joint scientific team has a powerful vision. Our goal is to provide solutions and breakthroughs that will change the way people think. I truly believe this team is destined to reach great heights.”
About SPARTA Inc.
SPARTA Inc., an employee-owned company, provides systems engineering and advanced technology products and services to the Department of Defense, other government agencies, and large retail businesses. SPARTA has over 1,000 employees, and had sales of $203 million in 2003. Founded in 1979, SPARTA develops and markets strategic defense and offense systems, tactical weapons systems, space systems, and information systems. In 1999, SPARTA was awarded the prestigious Cogswell Award for excellence in security practices in the workplace.
www.sparta.com
About Matrix Advanced Solutions
Matrix Advanced Solutions is a provider of computational products, applications and research support services. Matrix designs intelligent systems providing solutions to complex problems for a variety of industries, using an adaptive approach. The company offers its customers significant cost reduction, reduced time-to-market, and improved quality control. Its technology can be applied in industries ranging from defense, finance, process optimization, material development to drug discovery and pharmaceuticals. www.matrix-as.com
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