MatrixOne and Tata Consultancy Services Establish PLM Center of Excellence


Asia's Largest Software and Services Company Enhances its Support of MatrixOne Collaborative PLM Solutions


WESTFORD, Mass.--(BUSINESS WIRE)--March 13, 2003-- MatrixOne, Inc. (Nasdaq: MONE), a leading provider of collaborative product lifecycle management (PLM) solutions for the value chain(TM), and Tata Consultancy Services (TCS), Asia's largest software and services company, today announced that they have solidified their strategic alliance by establishing a Product Lifecycle Management (PLM) Center of Excellence to help Fortune 1,000 companies worldwide speed time-to-market through accelerated product development.

TCS's Engineering Service Practice group develops solutions around state-of-the-art digital technologies in product design and development. MatrixOne's collaborative PLM solutions for collaborative product development, supplier relationship management, and global program management have helped global companies including General Electric, Honda, Philips, and Toshiba to enhance and streamline their new product development processes around the world. By combining MatrixOne's PLM solutions with TCS's quality processes that adhere to SEI-CMM level 5, ISO 9000 and Six Sigma requirements, Fortune 1,000 customers have already realized significant time-to-market reductions for new products.

The PLM Center of Excellence leverages TCS's PLM domain knowledge gained across multi-site implementations to deliver training, mentoring, and best practices to more than 100 professionals of TCS for successful implementation and support of MatrixOne PLM solutions.

Key focus areas within the PLM Center of Excellence include:

- Integration services (ERP, MCAD, ECAD, and PDM)

- IT Consulting services

- Application services

- Infrastructure services

- Implementation services

- Operation & maintenance support

"TCS and MatrixOne have jointly developed excellent engagement models that bring maximum value to the customer," said Kevin Kew, vice president of global alliances at MatrixOne. "By bringing a global consulting team with in-depth PLM design and implementation domain expertise to customer projects, TCS will help our joint customers turn their time-to-market goals into tangible business results that can be measured in terms of dollars saved, reduced costs and improved quality."

"MatrixOne's collaborative PLM solutions and expertise, coupled with TCS's implementation services, represents a powerful resource to Fortune 1,000 organizations seeking to improve product and project efficiency," said Vinay Moorthy, practice head of the Engineering Services Practice at Tata Consultancy Services. "The flexibility of MatrixOne's solutions allows our consultants to achieve rapid results for customers participating in a wide range of industries and markets."

About TCS

Tata Consultancy Services (TCS), India and Asia's largest IT software and services company, provides information technology and management consulting services to organizations in 55 countries across the globe. With 20,140 employees (18,835 consultants) and revenues of $880 million, TCS has more than 150 offices worldwide. In North America, TCS has more than 50 offices and is headquartered in New York City. Its clients include companies and organizations such as American Express, AIG, Bank of America, Best Buy, Boeing, the Canadian Depository for Securities, Charleston County (South Carolina), ChevronTexaco, Citibank, Cummins Company, Dell Computer Corporation, U.S. Department of Defense, The Gap, General Electric, Hewlett-Packard, IBM, ING America, Kellogg's, Lucent Technologies, McGraw-Hill, Microsoft, Nacco, NASDAQ, Nike, The State of Pennsylvania, The State of New Mexico, Pratt & Whitney, Prudential Financial, Rockwell, Qwest, SBC Communications Inc., the Target Corporation, USAA, Verizon, Xerox and Zimmer. TCS currently supports the technology needs of six of the top 10 U.S. Fortune 1,000 companies. TCS' North American operation is responsible for more than 65 percent of the company's overall worldwide revenues. Visit us at www.tcs.com or www.tcs-america.com.

About MatrixOne

MatrixOne, Inc. (NASDAQ: MONE) 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 the process industries, including Agilent Technologies, General Electric, Honda, Johnson Controls, Philips, Procter & Gamble, Siemens, and Toshiba. MatrixOne ( http://www.matrixone.com/) is headquartered in Westford, Massachusetts with locations throughout North America, Europe, and Asia/Pacific.

MatrixOne and eMatrix 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 a more about the risks and uncertainties of our business, see our periodic and other S.E.C. filings.

CONTACT: MatrixOne, Inc.                                         
             John Tenore, 978/589-4158  
             
Email Contact                               
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             Dittus Communications        
             Leanne Scott Brown, 202/715-1515                 
             
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