Tecnomatix Listed Among Leading PLM Vendors by Noted Analyst Firm; 'Magic Quadrant' Affirms Manufacturing Process Management's Importance within PLM
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Tecnomatix Listed Among Leading PLM Vendors by Noted Analyst Firm; 'Magic Quadrant' Affirms Manufacturing Process Management's Importance within PLM



NASHUA, N.H.--(BUSINESS WIRE)--April 14, 2003--Tecnomatix Technologies Ltd. (NASDAQ: TCNO), the driving force in Manufacturing Process Management (MPM), has been included in Gartner's latest Product Lifecycle Management (PLM) Magic Quadrant.

The research note (available to Gartner clients at www.gartner.com), entitled "PLM Market Requires Best-of-Breed and ERP Capabilities," highlights PLM vendors that are expected to have the greatest impact in the discrete manufacturing and process industries. This is the first time that Tecnomatix has been included in the Magic Quadrant.

"Inclusion in Gartner's PLM Magic Quadrant is a significant step for us and for our customers," said Harel Beit-On, Tecnomatix chairman and CEO. "It confirms the results our customers are achieving by managing their manufacturing processes with Tecnomatix eMPower(TM) solutions. As we expand our vision for MPM from planning and simulation to include execution processes, we offer customers a performance feedback loop between product design and manufacturing engineering, and shop floor production."

For additional information about Tecnomatix eMPower solutions for MPM, visit www.tecnomatix.com.

The Magic Quadrant is copyrighted March 2003 by Gartner, Inc. and is reused with permission, which permission should not be deemed to be an endorsement of any company or product depicted in the quadrant. The Magic Quadrant is Gartner, Inc.'s opinion and is an analytical representation of a marketplace at and for a specific time period. It measures vendors against Gartner defined criteria for a marketplace. The positioning of vendors within a Magic Quadrant is based on the complex interplay of many factors. Gartner does not advise enterprises to select only those firms in the "Leaders" quadrant. In some situations, firms in the Visionary, Challenger, or Niche Player quadrants may be the right matches for an enterprise's requirements. Well-informed vendor selection decisions should rely on more than a Magic Quadrant. Gartner research is intended to be one of many information sources including other published information and direct analyst interaction. Gartner, Inc. expressly disclaims all warranties, express or implied, of fitness of this research for a particular purpose.

This press release includes forward-looking statements, within the meaning of the Private Securities Litigation Reform Act of 1995, which are subject to risks and uncertainties that could cause actual results to differ materially from those anticipated. Such statements may relate to the Company's plans, objectives and expected financial and operating results. The risks and uncertainties that may affect forward-looking statements include, but are not limited to: currency fluctuations, global economic and political conditions, market demand for Tecnomatix products and services, long sales cycles, new product developments, assimilating future acquisitions, maintaining relationships with customers and partners, and increased competition. For more details about the risks and uncertainties of the business, refer to the Company's filings with the Securities and Exchange Commission. Tecnomatix undertakes no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.

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