The Hayes Company Selects Matrix10 to Eliminate the Barriers of Global Product Development

    WESTFORD, Mass.--July 21, 2003--

    Worldwide Leader of Lawn and Garden Products Uses the Matrix10 Environment to Streamline Global Outsourced Design and Manufacturing

    MatrixOne, Inc. , a leading provider of collaborative product lifecycle management (PLM) solutions for the value chain(TM), today announced that The Hayes Company, Inc., the global leader of decorative lawn and garden products, has chosen Matrix10(TM) as the foundation for their global product development initiatives. The Hayes Company is using Matrix10, the industry's most flexible PLM environment, to streamline product development efforts with external design and manufacturing partners in China which results in reduced costs, improved quality and faster time-to-market.
    In addition to the Matrix PLM Platform(TM), The Hayes Company is using MatrixOne Sourcing Central(TM), MatrixOne Program Central(TM) and MatrixOne Supplier Central(TM) as a means for working most efficiently with their global outsourced design and manufacturing partners. Traditionally, the company has conducted their product development efforts with these partners by continually sending drawings and prototypes back and forth via express mail with their partners. This has resulted in unacceptably high shipping fees and has significantly lengthened the entire product development process.
    "Our selection of MatrixOne's Matrix10 environment was a strategic decision for our company," said Glen Waisner, president of The Hayes Company. "We knew that we needed an environment with the overall flexibility and scalability needed to support our global business model. Because our implementation of Matrix10 was so efficient, we have been able to collaborate with our external design and manufacturing partners much earlier than we had previously hoped. As a result, we are anticipating an even more powerful return on our investment than we had originally planned for."
    Through their use of Matrix10, The Hayes Company is able to view, mark-up and modify product designs with their global network of partners and suppliers securely in real-time over the Internet. This ensures that all parties are accessing the most current information available, and significantly reduces shipping costs. Through the use of Matrix10, the company expects to reduce their shipping costs by as much as $200,000 annually.
    As a company that sells their products through some of the world's largest retailers, including Wal-Mart and The Home Depot, having the ability to respond quickly to market and product requirements with design modifications and volume manufacturing is critical. As a result of The Hayes Company's use of Matrix10, they are now able to significantly reduce the time it takes to design, develop and manufacture products, which is translating into improvements in the areas of quality, efficiency and profitability.

    About The Hayes Company

    The Hayes Company, Inc. is a worldwide leader in the design, sourcing and manufacture of high quality lawn and garden decor items. Current products span a wide spectrum of decorative and functional categories, from Shepherd Hooks, Trellises and Plant Caddies to Wind Chimes, Bird Feeders and Garden Statuary, and are sold in all major retail channels in the United States and Canada.

    About MatrixOne

    MatrixOne, Inc. is a recognized leader in delivering collaborative Product Lifecycle Management (PLM) solutions. We provide flexible solutions that unleash the creative power of global value chains to inspire innovations and speed them to market. MatrixOne's customers include global leaders in the aerospace and defense, automotive, consumer products, high technology, life sciences, machinery, and the process industries, including Agilent Technologies, General Electric, Honda, Johnson Controls, Philips, Procter & Gamble, Siemens, and Toshiba. MatrixOne (http://www.matrixone.com/) is headquartered in Westford, Massachusetts with locations throughout North America, Europe, and Asia/Pacific.
    MatrixOne, the MatrixOne logo and eMatrix are registered trademarks, and Matrix10, "a leading provider of collaborative product lifecycle management (PLM) solutions for the value chain," MatrixOne Program Central Matrix PLM Platform, MatrixOne Sourcing Central, MatrixOne Supplier Central and MatrixOne Engineering Central 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 more about the risks and uncertainties of our business, see our periodic and other S.E.C. filings.

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    CONTACT: MatrixOne, Inc. 
             Charlie Guyer, 978-589-4052      
             charlie.guyer@matrixone.com      
             or
             Porter Novelli 
             Leila Modarres, 617-450-4224     
             leila.modarres@porternovelli.com

    KEYWORD: MASSACHUSETTS
    INDUSTRY KEYWORD: SOFTWARE COMPUTERS/ELECTRONICS GOVERNMENT
AEROSPACE/DEFENSE AUTOMOTIVE MARKETING AGREEMENTS PRODUCT
    SOURCE: MatrixOne, Inc.

©2003