MatrixOne Affirms Role in Asia-Pacific Automotive Industry by Participating in Asian International Automotive Industry Conference 2002
WESTFORD, Mass.--March 18, 2002--As part of expanding its strong position in the Asia-Pacific automotive industry, MatrixOne, Inc. , the leading provider of product collaboration solutions for the value chain, will share its expertise around solutions and strategies for collaboration in the automotive industry at the Asian International Automotive Conference 2002. This trade show, which takes place at the Putra World Trade Center in Kuala Lumpur, Malaysia, March 21-22, is Asia's most influential automotive conference and will focus on the topic of survival and success strategies in the new economy. Stephen Dunn, vice president of automotive industry for MatrixOne, will speak at 11:45 a.m. on Thursday, March 21 in a session about applying collaboration in product development, program management, and strategic sourcing to successfully leverage an automotive company's value chain. Dunn will also participate in a panel discussion immediately following his presentation.
Dunn's presentation will also address how companies are using product collaboration solutions and strategic sourcing to reduce costs through Covisint, the central hub where OEMs and suppliers of all sizes come together to do business in a single business environment. Another topic of discussion in his presentation will be the trend of OEMs and suppliers outsourcing more design and manufacturing functions and how to keep track of the status of projects and all related design and development activities, and how these programs have become key to collapsing time to market and ultimate success.
The international automotive industry is facing challenges as it repositions itself along many lines: the use of the Internet; the integration of information in the car, its design and production processes; and the need to accelerate the level of outsourcing within the industry. As the leading provider of product collaboration solutions for the automotive industry, MatrixOne is helping the industry change the way they bring products to market. Some of MatrixOne's automotive customers include: Honda, Yazaki, Shanghai Huizhong Automotive Manufacturing Co Ltd, Johnson Controls, Scania, Siemens Automotive, Faurecia, Iveco, Valeo, Draexlmaier, and AutoLiv.
About the Asian International Automotive Conference 2002
At the beginning of the second automotive century, automotive companies face a future of significant challenges and new behaviors. The conference and workshops will address these issues and recommend strategies to implement the right collaboration and partnerships, vehicle engineering developments, and innovation that are customer centric in focus. http://www.interexpo-my.com/ae&care/fullpg_ae_main.html
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 approximately 600 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 Adaplets are registered trademarks, and eMatrix, Changing the Way the World Brings Products to Market, Product Collaboration Solutions 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.