MONE Matrixone (MM)

MatrixOne, Inc. (NASDAQ: MONE), a leading provider of collaborative product lifecycle management (PLM) solutions for the value chain(TM), today announced the release of MatrixOne Library Central(TM), a new MatrixOne business process application which helps companies accelerate product development and delivery through knowledge reuse -- enabling them to fully leverage their company's intellectual property for cost savings and efficiency improvements in future development projects. MatrixOne Library Central is intended to transform existing information collected in a company's PDM/PLM system, classifying and organizing data to create a knowledge base tailored to an organization's specific business environments and products. Because of the ease and flexibility involved in defining the knowledge library, or catalog of product data, the solution can quickly and easily adapt to a company's rapidly changing business needs. "In most every industry, the rate that new products need to be developed has out-paced the rate at which top companies can produce them," said Sam Zawaideh, senior vice president, product solutions and customer support, for MatrixOne, Inc. "In order to make up the difference and remain profitable, companies need to develop ways to cut costs from the product development process--while at the same time improving overall efficiency. One of the keys to achieving these aggressive goals is through the creation of a system for product content, or knowledge reuse." The MatrixOne Library Central solution provides companies with the infrastructure required to catalog, find and manage reusable product content data throughout the enterprise, making future product developments more cost-effective and reliable, as the data being reused has already been successfully validated and used on an earlier project. "AMR Research has found if you aren't leveraging these existing resources, then time-to-market, product costs and raw materials inventory are all worse than they could be. Common symptoms include maintaining multiple materials management systems, parts databases and engineering document repositories," said Michael Burkett, a vice president at AMR Research. "Design engineers will admit that it is easier to create a new part or item from scratch than to find an existing one. The answer is to adopt a policy of maximum reuse in product design and pick one area of especially egregious abuse to drive standardization." Features and Capabilities MatrixOne Library Central empowers companies to create and manage large amounts of product development data through the following features: -- Enterprise-Wide Reuse Catalog: Product development teams can use a single application to completely and efficiently search a company's entire set of reusable product content. -- Flexible N-level Classification Taxonomy: A company's "reuse librarian" can easily manage the library of reusable product data and its taxonomy within MatrixOne Library Central. With this solution, the classification hierarchy can be tailored to the company's specific business or product needs and managed in a live system, without having to change the underlying database schema or having to modify the PLM system. -- Standard Attribute Definitions: Reusable attributes can be easily defined, applied consistently across classes and inherited from class to sub-class, thereby reducing the effort needed to create and maintain the classification system. Because the maintenance effort is low, the systems are flexible and are easily refined. -- Parametric Search and Comparison: The inclusion of a powerful search capability makes it easy for companies to locate product content based on complex sets of reuse criteria. MatrixOne Library Central provides a sophisticated comparison of the results, where the best available content is identified instead of the first adequate content encountered, easily identifying differences to allow for quick and easy sorting and ranking. -- Cross Team Collaboration: MatrixOne Library Central provides the ability to either classify non-engineering data in the same classification system alongside engineering data or to classify it in a company's own libraries, using a bookshelf and document organization. This feature allows teams outside of engineering to easily add their own content to the overall product knowledge. -- Role-Based Library Classifications: The same content can be simultaneously organized, browsed and searched by different role-specific definitions. This enables users in each role to find product data as they had classified it--from their own context/point-of-view--but still from within the same common product database. -- Usage Tracking and Reporting: MatrixOne Library Central automatically keeps track of where product data is used or reused and can easily display where it is referenced with a single mouse click. -- Royalty Management and Contract Obligations: Contracts, business requirements and other relevant legal documents can be easily defined and directly linked to the product content reuse data within the PLM system, enabling component usage to be automatically tracked so that payments are correctly made, reports automatically generated, approvals automated and compliance maintained. -- Lifecycle Subscriptions: Users can subscribe to automatic notifications for key events such as new content being added to the library, or changes made to classified items. Automatic updates and notifications help to ensure that all teams--no matter where they are located--can make decisions based on the up-to-the-minute status of issues and updates, rather than static knowledge captured at the time of reuse. Availability MatrixOne Library Central is available immediately. About MatrixOne MatrixOne, Inc. (NASDAQ: MONE), a leading global provider of collaborative product lifecycle management (PLM) software and services, enables companies to accelerate product innovation to achieve top line revenue growth and improve bottom line profitability. With world-class PLM solutions and a commitment to customer success, MatrixOne is focused on helping companies across the automotive, aerospace & defense, consumer, machinery, medical device, semiconductor and high-tech industries solve their most challenging new product development and introduction problems. More than 800 companies use MatrixOne's solutions to drive business value and gain a competitive advantage, including industry leaders such as BAE Systems, Bosch, Comau, General Electric, Honda, Johnson Controls, Linde AG, NCR, Nokia, Philips, Porsche, Procter & Gamble, Sony Ericsson, STMicroelectronics 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 "a leading provider of collaborative product lifecycle management (PLM) solutions for the value chain" and MatrixOne Library 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.