Appointment of New Vice President of Sales for EMEA Highlights MatrixOne's Focus to Strengthen Leadership Team
WESTFORD, Mass.--Oct. 30, 2001--MatrixOne, Inc. , a leading provider of product collaboration solutions for the value chain, today announced the addition of Les Bonney to the Company's senior management team. Bonney will serve as vice president, sales, Europe, Middle East and Africa (EMEA), filling a crucial role in MatrixOne's campaign to help global organizations recognize a measurable return on investment via product collaboration solutions that accelerate the right products to market. Bonney is charged with building sales momentum in this important region, which accounts for nearly 25 percent of MatrixOne sales. He will also work with MatrixOne's existing customers to capture the quantifiable benefits that have been achieved through their implementation of MatrixOne solutions.
"Given the challenges of the global economy, MatrixOne is committed to strengthening our sales and marketing leadership in order to help organizations implement the best solutions to reduce costs and decrease time to market for products. With his superior sales experience and extensive knowledge in big-ticket solution selling and scaling successful sales organizations, Les Bonney is a critical component of our senior team working to accomplish this mission," said Hans Ruigrok, senior vice president, global sales for MatrixOne. "With Les managing the sales organization's continuing campaign to bring MatrixOne's product collaboration offerings to this key geographic region, we have strengthened our market opportunity in EMEA."
Bonney brings over 14 years of sales experience in the information technology industry. Most recently, he was based in the Netherlands serving as vice president of Northern Europe, Eastern Europe, the Middle East & Africa, for Siebel Systems. Reporting directly to the head of Europe and Tom Siebel, in this role Bonney was responsible for managing approximately $200 million of business. Prior to joining Siebel Systems, Bonney worked for Oracle for nine years where has was in charge of the Emerging Markets business. During this time, Bonney established Oracle's geographic market presence, initially through distributors and then eventually through direct operations in 14 subsidiaries in Eastern Europe, the Middle East and Africa.
About MatrixOne
MatrixOne, Inc. is changing the way the world brings products to market(TM). The Company's eMatrix(TM) product collaboration platform and out-of-the-box Value Chain Portfolio(TM) applications enable online collaboration across global value chains and secure access to independent trading communities in private and public marketplaces. A trusted partner to innovative companies, MatrixOne helps customers accelerate the right products to market. MatrixOne's more than 575 global customers represent the aerospace/defense, apparel, automotive, consumer packaged goods, general machinery, high-technology, and medical equipment industries, including GE, Procter & Gamble, Nokia, Siemens, JDS Uniphase, and Honda. Headquartered in Westford, Massachusetts, MatrixOne (www.matrixone.com) also maintains offices in North America, Europe, and Asia, with additional distributors in Latin America and Australia.
MatrixOne and Adaplet are registered trademarks, and eMatrix, Changing the Way the World Brings Products to Market, Leading Provider of Product Collaboration for the Value Chain, and Value Chain Portfolio are trademarks of MatrixOne, Inc. All other trademarks and service marks are the property of their respective owners.
Forward-looking statements in this release are subject to risks and uncertainties that could cause our actual results to differ materially from those anticipated. Such statements may relate, among other things, to our plans, objectives and expected financial and operating results. The risks and uncertainties that may affect forward-looking statements include, among others: poor product sales, long sales cycles, difficulty developing new products, difficulty in relationships with vendors and partners, higher risk in international operations, difficulty assimilating future acquisitions, difficulty managing rapid growth, and increased competition. For a more about the risks and uncertainties of our business, see our periodic and other S.E.C. filings.