MatrixOne Unveils Strategy to Enable Product Collaboration for Private and Public Net Markets
19 December 2000
MatrixOne Unveils Strategy to Enable Product Collaboration for Private and Public Net Markets
CHELMSFORD, Mass.--Dec. 19, 2000---- MatrixOne Brings Time-to-Market Advantages and Unparalleled
Security in Complex Product Information and Business Processes,
Critical to Net Markets --
MatrixOne, Inc. the first in Intelligent Collaborative Commerce(TM)for products, today announced its strategy to add powerful product collaboration capabilities to the buy-sell transactions available through private and public net markets today.
With the MatrixOne net market applications, private and public net markets will be able to offer their communities the following secure, high value collaborative services: strategic sourcing, virtual project workspaces, project management, real-time product design, RFQ and RFP management, software development, data package creation and transfer, product change management, virtual catalog creation and maintenance, wireless application access and standards-based (XML) data exchange and access services. Matrixone net market applications are easy to install and use, highly tailorable and designed for fast moving and dynamic industries such as automotive, computer, electronics, electrical, packaging and telecom equipment.
The MatrixOne net market solutions allow both the private and public net markets to secure all data with multiple levels of access control and leading-edge Internet security. All information is protected at multiple levels to create an in depth defense for proprietary information and business processes.
"Suppliers and trading partners are looking for private and public net markets to become trusted intermediaries and providers of very high value collaboration services," says Mark O'Connell, president and CEO of MatrixOne. "Our net market applications and eMatrix platform will deliver unparalleled collaborative capabilities - enabling a first-mover advantage and the security trading partners need to share highly sensitive product information in a public forum."
About MatrixOne, Inc.
MatrixOne, Inc. is the first in Intelligent Collaborative Commerce. The Company's products provide an infrastructure for establishing business-to-business collaboration among trusted customers, suppliers and other business partners, while also enabling standards-based access to independent trading communities and applications hosted by industry service providers. The eMatrix Intelligent Collaborative Commerce solution uses the Web to link people, processes and information to enable dramatic improvements in profitability and efficiency throughout the value chain.
MatrixOne has global customers in the high technology, aerospace/defense, automotive, communications, consumer, mechanical, machinery, medical equipment and process industries. These companies are using MatrixOne solutions to enhance their competitive advantage in the burgeoning business-to-business economy.
Headquartered in Chelmsford, Massachusetts, MatrixOne (www.matrixone.com) maintains offices in North America, Europe and Asia.
MatrixOne is a registered trademark, and eMatrix, Adaplet, Customer Success Methodology, Intelligent Collaborative Commerce, and Value Chain Portfolio are trademarks of MatrixOne, Inc. All other trademarks and service marks are the property of their respective owners.
This press release contains forward-looking statements that are subject to risks and uncertainties that could cause the Company's actual results to differ materially from those anticipated, including statements concerning expected financial and operating results, growth of our customer base and revenues, future customer orders and resulting benefits from our products. Those risks and uncertainties include, among others: the risk that the market does not accept our products; our lengthy and variable sales cycle; the Company's ability to develop new products and services that keep pace with technology; and the Company's ability to develop and maintain successful relationships with systems integrators and complementary technology vendors. For a more detailed discussion of the risks and uncertainties of MatrixOne's business, please refer to the Company's periodic reports and registration statements filed with the Securities and Exchange Commission, including the Company's Prospectus dated February 29, 2000.