MONEE Matrixone (MM)

MatrixOne, Inc. (NASDAQ: MONEE), a leading provider of collaborative product lifecycle management (PLM) solutions for the value chain(TM), and RuleStream Corporation, provider of rules-driven product management (RPM) solutions to the discrete manufacturing industries, today announced the successful integration of the two companies' flagship products as part of an ongoing implementation at The Babcock & Wilcox Company (B&W), a leading provider of products and services to the power generation industry. With the latest project milestone reached, B&W has brought together its RPM, PLM and MCAD systems in an intuitive and effective application that B&W engineers use to capture and reuse best practices and engineering resources. The integration allows B&W to use existing company knowledge to create and manage raw material items. With thousands of possible part/spec combinations, the integration between RPM and PLM results in the creation of better quality parts. "Leading manufacturers are already shortening engineering time through process improvement supported by new rules-driven software," said Marc Halpern, research director at industry analyst firm Gartner. "In the future, the integration between PDM and the rules engine will allow innovative new products to be designed with CAD models using PDM-controlled parts and items that are based on specifications and the context of use. This will streamline the generation of project proposals, make estimates of project costs more accurate and maximize part reuse." B&W engineers will be able to review their custom engineering designs, quickly incorporate engineering changes--even those with complicated design dependencies--and ensure access to up-to-date product information from their MatrixOne PLM system and SolidWorks MCAD models. Mike Segal, senior vice president of global sales and services for MatrixOne, said, "Through our strong partnership with RuleStream, we were able to provide B&W with a comprehensive solution to meet its productivity and performance goals while maintaining its ability to adapt quickly to changing circumstances. MatrixOne is committed to solving companies' most challenging product development and deployment problems. RuleStream's ability to capture knowledge and ensure its reuse is a powerful capability that MatrixOne users can take advantage of to great success, as B&W is showing." "Implementing rules-driven product management at all stages of the engineering lifecycle is helping The Babcock & Wilcox Company streamline a number of complex engineering processes," said Robert Nierman, chief executive officer, RuleStream. "B&W is already realizing a reduction in engineering times by being able to quantify and replicate business and engineering rules using RuleStream. Combining a shorter sales cycle with full MCAD visibility and instant access to critical PLM information should provide B&W with a significant market advantage." About The Babcock & Wilcox Company The Babcock & Wilcox Company is a subsidiary of McDermott International, Inc. (NYSE:MDR), a leading worldwide energy services company. McDermott subsidiaries manufacture steam-generating equipment, environmental equipment, and products for the U.S. government. They also provide engineering and construction services for the offshore oil and natural gas industries. 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. Autodesk and Autodesk Inventor are registered trademarks of Autodesk, Inc., in the USA and/or other countries. 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. About RuleStream RuleStream, the leader in rules-driven product management (RPM), allows manufacturers to accelerate product planning, design and production by more effectively aggregating and managing their Intellectual Property (IP) assets. RuleStream's patent-pending software solutions help companies in a wide variety of industries--from F&A to AEC to automotive and aerospace--realize higher productivity, faster design cycles, better quality and greater product innovation. An extension of traditional product lifecycle management solutions, RuleStream's RPM technology ensures that business decisions incorporate the most up-to-date product-based intellectual property. RuleStream employs a breakthrough user environment that allows subject matter experts to easily capture rules about requirements, best practices, and capabilities for all product-centric business operations. For more information visit www.rulestream.com.