NJ-OPEX-CORP
30.4.2024 09:01:33 CEST | Business Wire | Press release
OPEX® Corporation, a global leader in Next Generation Automation for almost 50 years, is proud to announce its Infinity® automated storage and retrieval system (AS/RS) has been recognized with the prestigious Red Dot Award: Product Design 2024. The annual Red Dot Award design competition is regarded as one of the best-known and largest in the world, with winners selected by an international panel of experts who follow the credo, “In search of good design and innovation.”
“We are honored that our Infinity AS/RS has been named the winner of the Red Dot Award: Product Design 2024,” said Alex Stevens, President of Warehouse Automation, OPEX. “At OPEX, we’re continuously developing products and introducing new technology that will help our clients solve their most significant business challenges. Receiving this award demonstrates the significant effort our development team invested to bring Infinity to market.”
OPEX Corporation’s Infinity AS/RS is a goods-to-person technology solution for warehouse automation, designed to combine unparalleled storage density, configurability and flexibility, and increase productivity, throughput and labor utilization. The system features wireless Infinity iBOT® robotic vehicles that can access the entirety of inventory and port stations, moving freely underneath and throughout the system without any wasted mechanical motion, saving both time and cost.
The Infinity AS/RS utilizes a unique interlocking system to store totes triple-deep, and the configurable rack design optimizes warehouse space despite any obstructions that may exist, such as columns or other equipment. This solution is easily scalable by adding more iBOTs, presentation ports and storage expansion modules. With its unmatched reliability and accelerated throughput, the Infinity solution is ideal for multiple applications, including omni-channel distribution, store replenishment, micro-fulfillment and ecommerce.
“OPEX is committed to delivering advanced technology that transforms our clients’ supply chain infrastructure,” said Monty McVaugh, Head of Product, Warehouse Automation, OPEX. “The Infinity AS/RS has been meticulously engineered to improve workflow, reduce costs and drive efficiencies. Our team is deeply grateful this innovative solution is being recognized with the Red Dot Award: Product Design 2024.”
The coveted Red Dot distinction serves as the internationally recognized seal of outstanding design quality. This annual competition is divided into three disciplines: Product Design, Brands & Communication Design, and Design Concept. Award winners are honored at the Red Dot Gala in Essen, Germany, and featured in the Red Dot yearbook, museum and online.
The 2024 Red Dot Award: Product Design jury was comprised of 39 experts from 20 countries across four continents. Submissions were received from 60 different countries. Award winners were selected based on numerous aspects including aesthetic appeal, functionality, and smart or innovative engineering, with all of these attributes demonstrating outstanding design as a common theme.
About OPEX
OPEX® Corporation is a global leader in Next Generation Automation, providing innovative, unique solutions for warehouse, document and mail automation. With headquarters in Moorestown, NJ, USA—and facilities in Pennsauken, NJ; Plano, TX; France; Germany; Switzerland; the United Kingdom; and Australia—OPEX has more than 1,500 employees who are continuously reimagining and delivering customized, scalable technology solutions that solve the business challenges of today and in the future.
To view this piece of content from cts.businesswire.com, please give your consent at the top of this page.
View source version on businesswire.com: https://www.businesswire.com/news/home/20240430011335/en/
About Business Wire
Subscribe to releases from Business Wire
Subscribe to all the latest releases from Business Wire by registering your e-mail address below. You can unsubscribe at any time.
Latest releases from Business Wire
Rising Global Bullion Market Risks Are Forcing European Investors to Rethink Physical Gold Access3.2.2026 10:35:00 CET | Press release
As volatility reshapes global financial markets, European institutional investors are turning to safe-haven assets. While physical gold remains one of the world's most resilient and attractive store-of-value assets, secure and verifiable access to bullion has become increasingly difficult. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20260203826775/en/ Illustrative image of physical gold bullion bars. (Photo: AETOSWire) Recent industry developments have placed structural pressure on the gold market. Elevated price levels have heightened concerns around counterfeit bars, fragmented supply chains, and the complexity of cross-border custody. For European institutions operating under strict regulatory oversight, the challenge is no longer whether to allocate to gold — but how to do so safely, transparently, and within established compliance frameworks. To this end, Golden Ark Reserve, operated by Golden Ark General Trading (FZC)
Hyper-Personalization at Scale: Why Brands Must Shift to an Agentic AI Strategy3.2.2026 10:00:00 CET | Press release
As Infobip celebrates 20 years of customer communication innovation, the AI-first company envisions the future of agentic AI Global AI-first cloud communications platform Infobip, celebrating two decades of innovation, predicts an imminent and seismic shift in brand-consumer engagement. Moving away from the current application-to-person (A2P) messaging, Infobip forecasts a widespread shift to an agent-to-person model, eventually leading to a fully autonomous agent-to-agent future by 2030. The Evolution of Engagement Swift AI adoption is driving enterprises toward agentic AI communication models, which drive autonomous customer communications across all touchpoints. This technology enables hyper-personalization across multiple channels, creating highly engaging content tailored to individual needs. Silvio Kutić, Infobip CEO, comments: “How we communicate with brands is constantly evolving. In this new agentic AI world, brands must seize the opportunity to take a holistic approach to com
Corona Cero Unveils Global Roster of Athlete Ambassadors to Champion TIME CERO at Milano Cortina 20263.2.2026 09:00:00 CET | Press release
A First-of-Its-Kind Initiative, In Partnership with International Olympics Committee (IOC), TIME CERO Empowers Athletes to Unwind, Recharge, and Celebrate the Moment Corona Cero Invites Fans to Celebrate Together in Italy with Corona Hotel, Casa Corona, and Other Immersive Activities Corona Cero today unveiled its global roster of brand ambassadors who will champion TIME CERO, the brand’s new initiative created in partnership with the IOC and Athlete365, throughout the Olympic Winter Games. Together, Team Corona Cero will bring the brand’s “For Every Golden Moment” global platform to life, reminding people that meaningful golden moments can happen anytime, anywhere, or in any season. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20260203205858/en/ Team Corona Cero Central to Corona Cero’s commitment as a Worldwide Olympic Partner, TIME CERO is designed to celebrate Olympians and help them relax, stay present, and embrace bala
Generali Deutschland AG Selects Clearwater Analytics to Modernize and Scale Investment Operations Unit-Linked Fund Business3.2.2026 09:00:00 CET | Press release
Clearwater Analytics (NYSE: CWAN), the most comprehensive technology platform for investment management, announced today that Generali Deutschland AG has selected CWAN’s investment management platform for its €40 billion unit-linked fund (ULF) life insurance business, unifying processes across four subsidiaries and preparing the group for accelerated growth in one of Europe’s fastest-expanding sectors. The partnership reflects a strategic move ahead of unprecedented market expansion. The global unit-linked insurance market reached $906.9 billion in 2023 and is projected to grow at 10.9% annually through 2032, reaching $2.3 trillion, according to Allied Market Research. This growth trajectory is creating competitive separation between insurers capable of scaling operations and those constrained by fragmented systems across multiple European jurisdictions. Under a multi-year agreement, Generali Deutschland will consolidate portfolio management, order execution, and reconciliation on CWAN
Ares Completes Acquisition of BlueCove to Launch Systematic Credit Strategy3.2.2026 09:00:00 CET | Press release
Ares Management Corporation (NYSE: ARES) (“Ares”), a leading global alternative investment manager, announced today that it has completed its acquisition of all outstanding shares of BlueCove Limited (“BlueCove”), a London-based systematic fixed-income manager. The integrated BlueCove business will operate as Ares Systematic Credit, the latest strategy within the Ares Credit Group. Ares Systematic Credit offers systematic fixed-income strategies that harness the power of data and technology to deliver differentiated solutions to investors. The strategy leverages proprietary technology to support an evidence-based and data-driven investment process across high-yield, investment grade corporates, convertible bonds, and other liquid credit instruments in a variety of portfolio constructions. These methods seek to systematically access, select, analyze and deploy information to capitalize on market inefficiencies and generate high-quality alpha. Led by Alex Khein, most recently CEO of Blue
In our pressroom you can read all our latest releases, find our press contacts, images, documents and other relevant information about us.
Visit our pressroom
