Tecnomatix Again Named a 'Top 100' Manufacturing Software Company by MSI Magazine

Company Cites Growing Acceptance of Manufacturing Process Management Strategies as Key to Its Success

HERZLIA, Israel--(BUSINESS WIRE)--July 17, 2003-- Tecnomatix Technologies Ltd. (NASDAQ: TCNO), the driving force in Manufacturing Process Management (MPM), announced today that it has once again been named a Top 100 software company by MSI Magazine, a major monthly magazine that focuses on information technology within the manufacturing and supply chain industries. The MSI "Top 100" listing is based on a survey the magazine conducted of leading manufacturing software vendors and their revenue results for the 2002 calendar year.

Ranking number 45 out of 100 top vendors, Tecnomatix was recognized in the July issue of MSI Magazine as a successful company based on its strategic shift into collaborative, enterprise-wide MPM solutions. Last year's Top 100 also listed Tecnomatix at number 45, moving up from number 50 the previous year. According to MSI, "Tecnomatix Technologies is on something of a roll. The 20-year-old company has blue chip customers at some of the world's largest and best-known manufacturers, including Ford, Honda, Siemens, Boeing, Nokia, Caterpillar, and Pratt & Whitney. All use Tecnomatix' high-powered manufacturing process management software."

"Our continuing recognition as a Top 100 player by MSI reaffirms the strategic direction we embarked on in 2000," said Harel Beit-On, chief executive officer and chairman of Tecnomatix Technologies Ltd. "Manufacturing Process Management solutions that encompass the broader, enterprise-wide realm of a company's manufacturing operations--internally and throughout the supply chain--have taken root among the world's leading manufacturers in the automotive, aerospace, electronics, and other industries. The growing acceptance of MPM, and of the critical role it plays in the overall Product Lifecycle Management environment, is reflected in our strong position within the MSI rankings."

MSI's 11th annual top 100 listing of enterprise, supply chain, product life-cycle and plant operations software vendors is based on vendor responses to a survey conducted by the publication, combined with other factors. Among the trends noticed by MSI during its latest research were the rise of the PLM market, the continuing evolution of large plant automation vendors into providers of broader arrays of plant management applications and services, and the delivery of focused analytical applications from business intelligence software vendors.

MSI, published monthly by Reed Business Information Systems, addresses how the information technology industry improves productivity in manufacturing and the supply chain. In addition to its print publication, the Top 100 List can be seen at www.manufacturingsystems.com.

About Tecnomatix Technologies

Tecnomatix Technologies Ltd. is the driving force in Manufacturing Process Management (MPM). Today's leading global manufacturers are adopting MPM solutions to expand revenue potential and reduce costs by accelerating product introductions, shortening time to volume, and optimizing production execution. eMPower enables our customers to succeed with its collaborative, open platform and applications for defining, simulating, managing, and executing manufacturing processes across the extended enterprise. For more information on eMPower products and solutions for MPM, please visit www.tecnomatix.com.

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.

CONTACT: Company Contact:  
             Tecnomatix Technologies Ltd.  
             Bill Siegel, 603-672-3019     
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             Investor Contact:             
             The Ruth Group   
             David M. Pasquale, 646-536-7000         
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             Media Contact:      
             Topaz Partners         
             Todd Van Hoosear, 781-388-7900 ext. 209    
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