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Inovaxe to Exhibit at APEX 2007
COCONUT CREEK, FL — July 5, 2006 - Inovaxe Corp., a leader in delivering supply chain management solutions to electronics manufacturers, announces that it will exhibit its products in booth 1672 at APEX 2007, scheduled to take place February 20 to 22, 2007, in Los Angeles, CA. Inovaxe will highlight its INOCART Material Handling System and INOKIT Software. These products are designed to drastically improve inventory accuracy and reduce material handling labor cost.

Inovaxe develops unique and innovative solutions for supply chain management and inventory control issues. Inovaxe solutions combine state-of-the-art material handling systems with simple to use, but powerful, software applications. The supply chain management software increases visibility, presents actionable data, minimizes inventory liabilities and reduces cost at every step in the process.

INOCART, combined with INOKIT software, revolutionizes the process of kitting and reloading SMT lines. INOCART is a custom configurable material handling solution that allows numerous package types to be stored in a secure, controlled manner, whether that be reels, tubes, feeders or PCBs. The cart and software combine to result in increased inventory accuracy and a quick return on investment.

INOKIT was developed based on years of industry experience to deal with MRP systems that fall short of managing work in process. INOKIT is a complete solution that combines powerful software with innovative material handling equipment to result in a definitive SMT line solution. No other SMT line loading solution combines the two elements together as an effective overall solution. INOKIT uses “1 Package, 1 Location” technology to minimize machine setup/tear down and reload while maintaining accuracy of work in process inventory.

INOCART allows material to be received directly from the dock to stock/kits, eliminating non-value-added labor and the efforts of moving/transacting material into another stockroom after receipt.

An SMT line can be loaded directly from INOCART on the line, eliminating the additional non-value added step of kitting and staging of jobs prior to running on the SMT lines. Additionally, INOCART is capable of holding feeders so that kits can be presented to the SMT equipment ready to go. SMT equipment can only make money when running jobs; therefore, minimizing setup/reload times results in significant cost savings to the company’s bottom line.

INOKIT software serves to lower lost labor costs associated with SMT setup/reload, as well as inventory control and management. INOKIT also helps increase SMT machine utilization accuracy and reduce unplanned material shortages by drastically improving the inventory accuracy.

About Inovaxe Corp.
Inovaxe Corporation is a Business Intelligence (BI) provider focused on delivering supply chain management solutions to electronic manufacturers. The company’s Web-based software solutions are cost reducing, and easier to use and manage than traditional enterprise software installations. The Inovaxe solution binds leading edge software with innovative material handling hardware, which resolves the typical “black holes” of Supply Chain and Inventory Management. For more information, e-mail the Inovaxe at info@inovaxe.com or visit the Web site at www.inovaxe.com.