Dymos Selects MatrixOne to Accelerate Time to Market
WESTFORD, Mass.--May 3, 2004--| Automobile Component Developer Selects Matrix10 to Improve Design and Manufacturing Response Time |
MatrixOne, Inc. , a leading provider of collaborative product lifecycle management (PLM) solutions for the value chain(TM), today announced that Dymos, a business group of Hyundai Motors Group, has selected MatrixOne's Matrix10(TM) environment to manage the design and development of its products. Matrix10, the industry's most flexible PLM environment, will allow the company to respond to the increasing client demand for customized products.
Dymos develops and manufactures automobile parts for sale through Original Equipment Manufacturers (OEM) Hyundai and Kia Motors, Ssangyong Motors and Daewoo Motors worldwide. Its designs and manufactures transmissions and axles for commercial vehicles such as trucks and buses, reduction gearboxes applied for high-speed train and rail motors, and gearboxes for helicopters.
Dymos selected MatrixOne after a thorough evaluation of PLM suppliers and chose MatrixOne's solutions because of their flexibility, performance and ease of deployment. The company will use Matrix10 PLM to design its complete product lifecycle process to allow for faster design processes to meet specific client needs and to enable faster system configuration without expensive, time-consuming coding.
Matrix10 combines out-of-the-box PLM solutions with the ability to easily adjust business processes to meet the needs of customers at the lowest total cost of ownership. It includes a full suite of proven PLM business process applications that cover a wide range of processes including product planning, product development, product sourcing and program management.
These capabilities will help Dymos reduce product development time by giving them visibility across programs, maximizing part re-use and reducing engineering change orders (ECOs). Dymos will also be able to improve responsiveness to customers and deliver competitive products faster and at a lower cost; reduce time to communicate engineering changes; increase efficiency and allow engineers to focus on design and product quality instead of process management. Essential to any successful PLM initiative is the ability to interoperate with existing internal systems and applications - as well as those of your global partners and suppliers. Therefore, Matrix10 also offers the industry's most open and adaptable PLM backbone with a wide range of integrations and technologies that enable data sharing across applications, tools and enterprises.
"Collaboration across the product lifecycle - internally and throughout the value chain - is the engine for growth and the key to success in the automotive industry," said N.S. Kim, Managing Director, Dymos. "With MatrixOne PLM solutions, Dymos will have a single, integrated view into all of its product lifecycle development. This gives us a significant competitive advantage, allowing us to deliver the superior products to customers on time and at lower cost."
About Dymos
Dymos (www.Dymos.co.kr) incorporated in Jul. 19, 200487 and the company's Head Office is located in Seosan, Chungnam, Korea. The Company works on manufacturing products, transmissions and axles for commercial vehicles, reduction gear boxes applied to the KTGV (high-speed train) and rail motor, and gear boxes applied to the helicopter. Applicable vehicles RV, pickup trucks, buses (5-7 Tons), Heavy trucks and buses (9.5-10.2 Tons), local express buses (12-16 Tons) With the slogan "(DYMOS21) with the Customers, with the World" and with the accumulation of technology and reliability built in the process of supplying transmissions, axles and related parts of 4WD and commercial vehicles to local OEM manufacturers, DYMOS products are now actively being supplied to OEM manufacturers of Middle East, Southeast Asia and European Areas. We are now striving to expand our business to emerging markets, such as China, USA and Latin America to provide the utmost satisfaction to our customers with the best quality. Dymos is supplying its products to the following local OEM manufacturers: Hyundai & Kia Motors (Transmission and Axles for 4WD Vehicles and Trucks/Buses over 2.5ton grade), Ssangyong Motors (Axles for 4WD Vehicles), and Daewoo Motors (Axles for Buses). Also, we are supplying after-sales service parts through the Hyundai MOBIS sales network to our customers.
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 process industries, including Agilent Technologies, General Electric, Honda, Johnson Controls, Philips, Procter & Gamble, Siemens, and Toshiba. MatrixOne (www.matrixone.com) is headquartered in Westford, Massachusetts with locations throughout North America, Europe and Asia/Pacific.
MatrixOne and the MatrixOne logo are registered trademarks and Collaborative Product Lifecycle Management Solutions for the Value Chain and Matrix 10 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.