MatrixOne Demonstrates PLM Interoperability at AutoTech 2002; MatrixOne to Participate in National Institute of Standards and Technology Study

    DETROIT, Mich.--Aug. 27, 2002--As part of its presence at AutoTech 2002, MatrixOne, Inc. , a leading provider of collaborative product lifecycle management (PLM) solutions for the value chain(TM), will participate in demonstrations of product data management interoperability at the Automotive Industry Action Group (AIAG) booth #120 at AutoTech 2002.
    AIAG was awarded a grant by the National Institute of Standards and Technology (NIST) to conduct an industry pilot project that supports the deployment of standards for the exchange of product data management information in the automotive industry. The goal of the project is to enable Web-enabled existing technologies and standards to achieve total communication between dissimilar systems. The primary exchanges used are Standards for the Exchange of Product model data (STEP) and Extensible Markup Language (XML). Major automakers, suppliers, and technology providers have committed resources to this project, including: Ford, Renault, Johnson Controls, Inc., Siemens/VDO, Yazaki, and Faurecia.
    The MatrixOne demonstration will show the interoperability between the eMatrix(TM) global collaboration platform from MatrixOne customer Johnson Controls, a Tier 1 automotive supplier, and Ford's use of Metaphase. The demo will run multiple times a day on August 27 and August 28. MatrixOne can also be seen in its booth, #615, as well as in the booth of its strategic alliance partner, IBM in booth #520, during the conference. For more information on MatrixOne's B2B interoperability expertise visit: http://www.matrixone.net/matrixonesolutions/interoperability_b2b.html
    "MatrixOne's commitment to delivering an open, interoperable solution based on industry standards made our participation in this project with AIAG a natural fit," said Steve Leek, director of automotive application solutions for MatrixOne. "Our key business driver is ensuring the success of our customers. This dictates that we enable integration between authoring and visualization tools, enterprise infrastructure, and an extensive list of other systems used by partners in an extended value chain. Having such broad interoperability helps customers realize the full benefits of PLM as they can seamlessly interact with members of their extended value chain and draw on their intellectual capital, regardless of their product data management system. The result for the automotive industry is more innovative and higher quality automobile and automotive parts delivered to market faster at less cost."
    AIAG's AUTO-TECH 2002 is an annual conference and exhibition that brings OEMs and suppliers together to discuss current trends and standards in the supply chain while helping companies improve cost, quality and business practices. AUTO-TECH 2002 is being held August 27-29, 2002 at the Cobo Conference Center in Detroit, Michigan.

    About MatrixOne

    MatrixOne, Inc. is a recognized leader in delivering collaborative Product Lifecycle Management (PLM) solutions. Together with our partners, we provide flexible solutions that unleash the creative power of global value chains to inspire innovations and speed them to market. MatrixOne's more than 625 global customers represent the aerospace/defense, automotive, consumer products, general machinery, high technology, and life sciences industries, and include GE, Procter & Gamble, Philips, Siemens, Agilent Technologies, Johnson Controls, and Honda. MatrixOne (www.matrixone.com) is headquartered in Westford, Massachusetts with locations throughout the world.

    MatrixOne is a registered trademark, and eMatrix and a leading provider of collaborative product lifecycle management (PLM) solutions for the value chain 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.