Parsec Automation Corp. Wins Silver in 12th Annual Best in Biz Awards

Parsec Automation Corp.'s manufacturing execution system (MES), TrakSYStm, has been named a silver winner in the Most Innovative Product of the Year ? Enterprise category in the Best in Biz Awards, the only independent business awards program judged each year by prominent editors and reporters from top-tier publications in North America.

Using the insights TrakSYS provides, manufacturers of all sizes have maximized asset utilization and efficiency, increased capacity with no new capital equipment, reduced production costs, decreased lead times, and improved profitability. These optimized outputs and efficiencies curb waste, improve working conditions, and reduce environmental impact?all while growing manufacturers' bottom lines.

The 12th annual program saw fierce competition among more than 700 entries from public and private companies of all sizes and representing all industries and regions in the U.S. and Canada, ranging from some of the most iconic global brands to the most innovative start-ups and resilient local companies. This year's judges highlighted the winning companies' visionary leadership, innovative strides in the use of new technologies, laudable employee diversity and inclusion programs and workplace best practices, as well as many winners' continued community involvement and investments in their environment and corporate social responsibility programs.

"We're honored that Best in Biz has recognized TrakSYS in the category of Most Innovative Product of the Year," said Eddy Azad, CEO of Parsec. "It's a testament to the dedication and inventiveness of the Parsec team. It has long been our mission to create tech for good, and TrakSYS has not only helped manufacturers weather the pandemic and subsequent shifting consumer behaviors, but it has also helped them to improve the impact the industry has on the environment."

Since the program's inception in 2011, winners in Best in Biz Awards have been determined based on scoring from independent judging panels assembled each year from some of the most respected national and local newspapers, TV and radio outlets, and business, consumer, technology, and trade publications in North America. Thanks to the impressive diversity of represented outlets and the unparalleled experience and expertise of the editors and reporters serving as judges, Best in Biz Awards judging panels are uniquely suited to objectively determine the best of the best from among the hundreds of competitive entries. The 2022 judging panel included, among others, writers from AdWeek, Computerworld, Forbes, The Globe & Mail, Inc., The Oregonian, and Portland Tribune.

"The depth and breadth of this year's nominees in Best in Biz Awards ? and especially the winners ? demonstrate savvy business acumen among the leadership and represent the type of entrepreneurship powering today's economy," said Dustin Klein, Smart Business, judging his first Best in Biz Awards competition. "I came away from the judging experience inspired, filled with ideas, and energized!"

Best in Biz Awards 2022 honors were conferred in 100 different categories, including Company of the Year, Fastest-Growing Company, Most Innovative Company, Best Place to Work, Customer Service Department, Executive of the Year, Marketing Executive, Most Innovative Service, Enterprise Product, Best New Product, App, CSR Program, Environmental Program, Website and Film/Video of the Year. For a full list of gold, silver and bronze winners in Best in Biz Awards 2022, visit: http://www.bestinbizawards.com/2022-winners.

About Parsec Automation Corp. (Parsec)

Parsec is the developer of TrakSYS, a proven operations management software application and solution platform designed to significantly improve manufacturing processes. Parsec is committed to providing best-in-class products and solutions to our worldwide community of clients to assist them in optimizing their manufacturing operations. There are thousands of TrakSYS licenses in use around the globe in a wide variety of Industries.

TrakSYS helps manufacturers to maximize asset utilization and efficiency, increase capacity with no new capital equipment, reduce production costs, decrease lead time, and improve profitability. For more information about Parsec and TrakSYS, please visit the corporate website at www.parsec-corp.com.

About Best in Biz Awards

Since 2011, Best in Biz Awards has been the only independent business awards program judged by a who's who of prominent reporters and editors from top-tier publications from North America and around the world. Over the years, judges in the prestigious awards program have ranged from Associated Press to the Wall Street Journal and winners have spanned the spectrum, from blue-chip companies that form the bedrock of the global economy to some of the world's most innovative start-ups and nimble local companies. Each year, Best in Biz Awards honors are conferred in two separate programs: North America and International, and in 100 categories, including company, team, executive, product, and CSR, media, PR, and other categories. For more information, visit: http://www.bestinbizawards.com.