MatrixOne Positioned in the Visionary Quadrant in 2005 Magic Quadrant for Product Life Cycle Management
October 18 2005 - 8:30AM
Business Wire
MatrixOne, Inc. (NASDAQ: MONEE), a leading provider of
collaborative product lifecycle management (PLM) solutions for the
value chain(TM), today announced that it has been positioned by
Gartner, Inc. in the visionary quadrant in the Magic Quadrant for
Product Life Cycle Management, 3Q05(1) report. Gartner defines PLM
as "creating and executing product strategy across a product value
chain, from product ideas through service," and its 2005 Magic
Quadrant for PLM report is a review of this market and the
companies that comprise it. Companies are evaluated by Gartner
based on completeness of vision and ability to execute. "We are
pleased to be placed in the visionary quadrant in the PLM community
and believe that our positioning confirms MatrixOne's strong
ability to turn product vision into market value," commented Mark
F. O'Connell, MatrixOne's president and CEO. "Many of the world's
most innovative companies leverage our vision and solutions to
drive top-line revenue growth and bottom line profitability. In
collaboration with our customers, we introduced a number of new
solutions to the market during the past year that address our
customers' evolving needs in such areas as materials compliance,
customer needs management, product portfolio management and
synchronous product development across electrical, mechanical and
software design. As our customers' needs have evolved over time, so
too has our approach to the market. Our own innovation and
flexibility has allowed us to remain a PLM leader." Companies from
a broad range of industries use MatrixOne solutions to integrate
and manage their global product development challenges, gain better
visibility and control over strategic product development
investment decisions, reduce product development costs and speed
delivery of new product innovations. "We feel that this positioning
reflects MatrixOne's history and leadership in providing
innovative, practical solutions to its customer base and the market
as a whole," added Sam Zawaideh, MatrixOne's senior vice president
for product solutions and customer support. "In addition, with the
recent launch of our MatrixOne Accelerators, we are paving the way
for a new era in the PLM industry--one focused on providing
out-of-the-box solutions for solving high-value challenges in
specific industries." About the Magic Quadrant The Magic Quadrant
is copyrighted September 30, 2005 by Gartner, Inc. and is reused
with permission. The Magic Quadrant is a graphical representation
of a marketplace at and for a specific time period. It depicts
Gartner's analysis of how certain vendors measure against criteria
for that marketplace, as defined by Gartner. Gartner does not
endorse any vendor, product or service depicted in the Magic
Quadrant, and does not advise technology users to select only those
vendors placed in the "Leaders" quadrant. The Magic Quadrant is
intended solely as a research tool, and is not meant to be a
specific guide to action. Gartner disclaims all warranties, express
or implied, with respect to this research, including any warranties
of merchantability or fitness for a particular purpose. About
MatrixOne MatrixOne, Inc. (NASDAQ: MONEE), 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" is a trademark 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. (1)Gartner,
Inc., "Magic Quadrant for Product Life Cycle Management, Q305" by
M. Halpern and K. Brant. September 30, 2005
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