WESTFORD, Mass.--(BUSINESS WIRE)--June 3, 2003--MatrixOne, Inc.
MONE), a leading provider of collaborative product lifecycle
management (PLM) solutions for the value chain(TM), today announced
that the Worldwide Agricultural Equipment Division of Deere & Company
(NYSE: DE) has furthered its commitment to MatrixOne with an
investment in MatrixOne applications. MatrixOne applications create a
single product design environment that can be accessed by multiple
engineering groups and partners located anywhere in the world to
collaborate on the same product at the same time.
John Deere, a long-time MatrixOne customer, will benefit from the
out-of-the-box business processes in MatrixOne Engineering
Central(TM), MatrixOne Sourcing Central(TM) and MatrixOne Supplier
Central(TM), which enable accelerated deployment to Deere's worldwide
locations and tighter collaboration between the company's design
organizations, manufacturing locations, partners and suppliers.
"John Deere is renowned in the industry for technical innovation
and product quality," said Mike Segal, senior vice president of
customer success for MatrixOne. "The agricultural equipment division
at John Deere has proved to be a valuable partner to MatrixOne over
the years with MatrixOne's development of MatrixOne Supplier Central.
The flexibility of our solutions enables companies such as John Deere
to expand its investment as its needs grow and change."
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
MatrixOne is a registered trademark and Collaborative Product
Lifecycle Management Solutions for the Value Chain, MatrixOne Supplier
Central, MatrixOne Sourcing Central, MatrixOne Team Central and
MatrixOne Engineering Central are trademarks of MatrixOne, Inc. All
other trademarks and service marks are the property of their
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
CONTACT: MatrixOne, Inc. Charlie Guyer, 978/589-4052 Email Contact or Porter Novelli Leila Modarres, 617/450-4224 Email Contact