Last Updated: 2013-01-15

Algosys Inc.

Company information

Legal Name:   Algosys Inc.
Operating Name:   Algosys Inc.
Mailing Address 120-2750 Einstein St QUÉBEC, Quebec G1P 4R1	Location Address 120-2750 Einstein St QUÉBEC, Quebec G1P 4R1
Telephone: (418) 687-6385
Fax: (418) 687-8741
Email: marketing@tpt.com
Website URL: http://www.algosys.com

Contact information

Donald Leroux
	Title:   Consultant
	Area of Responsibility:   Export Sales & Marketing
	Telephone:   (418) 687-6385
	Fax:   (418) 687-8741
	Email:   dleroux@algosys.com
Frédéric Flament
	Title:   General Manager
	Area of Responsibility:   Management Executive Research/Development/Engineering Export Sales & Marketing
	Telephone:   (418) 687-6385
	Fax:   (418) 687-8741
	Email:   fflament@algosys.com
Chantal Parent
	Title:   Chief Financial Officer
	Area of Responsibility:   Finance/Accounting Administrative Services Domestic Sales & Marketing
	Telephone:   (418) 687-6385
	Fax:   (418) 687-8741
	Email:   cparent@algosys.com

Company description

Algosys is a solutions company, providing consulting expertise and technology solutions for the mineral processing industry. Focussing on data reconciliation, mass balancing, production accounting and metallurgical engineering, Algosys’ technology and solutions integrate with other MES technology to allow customers to optimize their mineral processing operations and extract maximum benefits from their investments in technology. Starting over 12 years ago with technology originally developed by Canada’s Department of Natural Resources (CANMET Group), Algosys has extended and grown to provide a wide range of solutions for the mineral processing industry. Based in Quebec City, Canada, Alsosys continue to develop and extend their proven data reconciliation and mass balancing tools and solutions. These include: · The BilmatTM data reconciliation engine; · The Metallurgical AccountantTM production accounting solution; · A full range of Professional Services; and, · Technology and expertise around the areas of plant simulation, control system tuning and others. Algosys’ Metallurgical Accountant™ production accounting solution and Bilmat™ data reconciliation engine are currently in production at over 200 sites around the world. They provide cost savings and real production benefits.
Country of Ownership:	Canada
Year Established:	2006
Exporting:	Yes
Primary Industry (NAICS):	541510 - Computer Systems Design and Related Services
Alternate Industries (NAICS):	611420 - Computer Training
Primary Business Activity:	Manufacturer / Processor / Producer
Total Sales ($CDN):	$1,000,000 to $4,999,999
Export Sales ($CDN):	$1,000,000 to $4,999,999
Number of Employees:	25

Product / Service / Licensing

Product Name:	BILMAT
An engine for advanced statistical data reconciliation through material balance computation. The engine is accessible through an MS- Excel workbook, or an Oracle or SQL-Server 2000 database. It connects to process realtime and production databases. Bilmat adjusts process variable mesurements to make them coherent on a mass balance view point. Adjusted values are more accurate and reliable than the measurements themselves, hence improve and facilitate the decision making process. Applications: Industrial processing plants
Product Name:	Bilmat Real-Time
Statistical reconciliation of process data by mass balancing
Product Name:	Control Loop Attendant
Monitoring of the performance of PID control loops
Product Name:	Dynaxiom
Automated tuning of PID control loops
Product Name:	Metallurgical Accountant
In today industrial plants, a tremendous amount of process data is generated from expensive on-line instrumentation, and costly laboratory facilities. Any organization faces the need to transform such an informative resource into a valuable resource. Coherency, reliability, concision, relevancy and distribution then arise as major challenges. Metallurgical Accountant brings a new era in process data utilization. · It collects process data from the existing data sources, · It filters and reconciles data using Bilmat, Algosys’ proven data reconciliation engine, · It consigns coherent and validated data in a unique resource of value-added information. From a unique source of coherent and validated information, the plant personnel receives relevant, concise and customized reports: · Process operation personnel monitors and operates their processes using filtered trends, coherent process data, and reliable performance indicator values, · Production managers plan production and take decision from concise and reliable reports on process operation and production performance, · Production and metallurgical accounting staff publish their inventories from coherent and reliable data. Leaving aside some measurements or using erroneous or non- coherent data is costly. Metallurgical Accountant brings benefits to your business: · It maximizes the use of the raw data that comes from the plant, its processes and production units; · It maximizes the coherency of the information; · It manages the plant wide distribution and increases the availability of validated and coherent information. Metallurgical Accountant provides the right figures to the right person. Metallurgical Accountant is distributed as a customizable package. It comes with its own software suite, database and hardware. Customization, installation and training are part of the standard package.
Service Name:	Metallurgical accounting training workshop
A specialized training session on good practices in metallurgical accounting
Service Name:	Training workshop on data reconciliation
An intensive training session of 2 or 3 days on statistical process data reconciliation by mass balancing
FSC Code:	7010-ADPE System Configuration 7030-ADP Software B300-Cost Benefit Analyses B303-Mathematical/Statistical Analyses B308-Accounting/Financial Management Studies B329-Other Administrative Support Studies U000-Educational and Training Services U001-Lectures For Training U004-Scientific and Management Education U099-Other Education and Training Services

Market profile

Alliances:

• Sales/Marketing
• Technology

Industry sector market interests:

• Mining/Petroleum/Gas

Geographic markets:

Export experience:

• Australia
• Brazil
• Chile
• Indonesia
• Lao People's Democratic Republic
• Madagascar
• Mexico
• Mongolia
• Namibia
• New Caledonia
• Peru
• Tanzania, United Republic of
• United States
• Venezuela, Bolivarian Republic of
• Utah

Actively pursuing:

• South Africa
• Colorado
• Nevada

Sector information

Unique applications:

Metallurgical Accountant is in operation in many mineral and metal processing plants: base metals, gold, iron ore, uranium, oils sands, pyrometallurgical and hydrometallurgical (Cu, Ni and Mo) plants.

Key / Major clients:

Compania Minera Antamina
Syncrude Canada
Suncor Energy
Shell
Grupo Penoles
Vale Canada
Rio Tinto
Arcelor Mittal
Newmont
Teck
Iamgold
Barrick Gold
BHP Billiton
Codelco

Success stories:

Following a selection process, three international mining corporations (Grupo Penoles, Vale and Rio Tinto) have signed with Algosys a global agreement to install the Metallurgical Accountant solution of Algosys at all their mineral and metal processing plants.

Testimonial:

«I though you should know that Metallurgical Accountant has been running extremely well and I am very impressed.»
Adrian Dance
Process Integration Specialist, Compañía Minera Antamina

«Today marks the official closing date for the project. I would like to thank you and all your team for the professionalism and hard work you provided throughout this project. I received many compliments from the project team on your work.
I was especially happy to have a chance to get to know you when we spent time together in Thompson. It made the visits all the more enjoyable for me. I hope to have the opportunity to work with you again in the future.
Thank you again for making this project a success.»
Jacquie Plaxton
Production Project Manager, Innovations Production Projects, Vale IT