BROOKSVILLE, Fla., March 16, 2024 – COAST Systems, a global mold asset management solutions provider, is pleased to announce a technology partnership with Matix, a leader in intelligent mold management, that enables a no-gateway digitized approach to mold asset management.

The partnership will combine each mold asset management company’s unique technologies, creating a simpler, safer, and more complete approach for large-scale plastic manufacturers to gain total control of their mold assets and achieve greater business continuity and success.

“We are thrilled to embark on this partnership with Matix, leveraging its proprietary Narrowband Internet of Things (NB-IoT) technology to enhance connectivity and security within COAST Systems Mold Asset Management software,” said Jerry Sherman, COAST president. “The Matix cellular network technology provides continuous cellular connectivity, enabling seamless data exchange among various mobile devices, which is essential for mold asset management digitization that requires constant monitoring and real-time data processing,” Sherman commented. “The removal of an application programming interface (API) or other gateways means our customers no longer have to worry about configuring and managing additional software or hardware components, which reduces complexity and potential attack surfaces and points of vulnerability in the IoT ecosystem.”

With the new partnership, COAST customers gain access to the Matix Box, a low-power IoT device that mounts on the mold for the duration its life cycle to measure production data. The Matix box uses an accelerometer that detects impacts and counts the number of hits the mold makes. “For years, we’ve been helping our customers realize that utilization is the key aspect to predicting and budgeting for the future since every tool has a lifespan,” said Sherman. “By installing the Matix Box at any point of the moving part of their molds, customers can monitor shot counts, cycle times, uptime, utilization rates, maintenance activities, and more 24/7 through our integrated platform,” Sherman noted.

“Matix brings a cutting-edge suite of solutions to the digitized tooling management space that perfectly complement COAST’s cloud-based technology, creating an all-encompassing enterprise offering that allows OEMs to know where all their mold assets are and what condition they are in at any given time,” said Riccardo Pistorello, Matix CEO. “Together, our companies have created a compelling and convenient solution for OEMs and their manufacturing partners to embrace digitization, enabling them to reap the benefits of accurate tracking and visibility in their molding processes and along the supply chain anywhere in the world,” Pistorello added.

COAST Systems and Matix serve a broad range of plastic manufacturers, including the food and beverage, health and beauty, pharmaceutical, packaging, automotive, industrial, consumer, and Medical industries. Both partner companies have demonstrated their offerings produce veritable results for customers, which include increased mold efficiency, extended mold life, reduced downtime, and lower supply chain costs. COAST Systems’ Mold Asset Management software is flexible, configurable, and scalable with site-based licenses that allow for unlimited users.

For more information about the COAST Systems and Matix partnership, please visit or contact Jerry Sherman at (877) 262-7801.

About COAST Systems: COAST Systems is a technology-driven company that specializes in helping large-scale manufacturers across a broad spectrum of industries gain total control of their mold assets to achieve greater continuity and success. The company offers a unique Global Mold Management program that combines powerful cloud-based Asset Management Technology with expert Plastic Industry Support, delivering the most comprehensive solution of its type in the market. For more information about COAST, visit  

 About Matix: Matix is an Italy-based Azzurro Digitale Company that leverages its advanced metering devices with proprietary NB-IoT technology to deliver a completely digitized enterprise asset management system for molds and dies. The company’s proprietary Matrix Box is a machine-mountable, low-power monitoring device with a highly accurate accelerometer that detects production data sent and saved via the cloud for viewing on desktop or mobile devices using the Matix online dashboard. Through digitized mold information gathering, Matix helps its customers proactively monitor efficiency, downtime, and utilization while extending tool life and avoiding manual operations. Learn more about Matix at





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