Adra Systems Announces MatrixOne, A New Company Focused On Improving Product Development Competitiveness.

CHELMSFORD, Mass.--(BUSINESS WIRE)--Sept. 16, 1997--

MatrixOne To Dramatically Boost Companies' Innovation, Shorten  Time-to-market, Elevate Quality And Lower Costs Through Matrix; Adra

Systems To Provide Cadra CAD/CAM/CAE Software Suite

Adra Systems, Inc., today announced the formation of a new company, MatrixOne, Inc., to focus on delivering solutions that dramatically increase companies' product development competitiveness. MatrixOne will be dedicated to helping manufacturing companies worldwide improve innovation, shorten time-to-market, comply with regulations, increase quality and reduce costs by effectively leveraging their intellectual capital. A cornerstone corporate value of the new company is customer success, which is delivered through the Customer Success Model (CSM)(TM), MatrixOne's best practices for implementing enterprise product information management solutions.

With the new structure, both companies will operate independently under separate management and boards of directors. MatrixOne will develop and distribute Matrix, the world's fastest growing enterprise product information management solution. Adra Systems will develop and distribute Cadra, the award-winning suite of computer-aided design, manufacturing and engineering (CAD/CAM/CAE) software.

Mark O'Connell, president of Adra Systems, has been appointed president and CEO of MatrixOne. James Stenzel, founder of Adra Systems, has been appointed president of Adra.

"This new structure will benefit our most important resource: our customers," said Mark O'Connell, president and CEO of MatrixOne. "We are building a strong company dedicated to customer success with laser-like focus on solving the challenge of achieving dramatic improvements in our customers' product development competitiveness."

"Through separation from its CAD-oriented parent, MatrixOne, Inc., is now more nimble and will be better able to focus both tactically and strategically on solutions that improve product competitiveness," said David Yockelson, vice president and director, META Group. "Further, it will evade the resource issues typical of startups by retaining its experienced staff and securing capital appropriate for growth."

With an existing base of more than 200 customers, MatrixOne is the leading provider of open, flexible, Web-centric, enterprise-wide solutions that substantially improve product development competitiveness. With Matrix's ease of implementation and broad customer acceptance, MatrixOne is changing the economics of product information management. Enterprises around the globe are lowering cost of ownership and experiencing a rapid return on investment while improving their competitiveness.

The new company is poised to succeed through its key differentiators:

-- A laser-like focus and boundless dedication to customer success. -- Best-in-class domain expertise in the aerospace, automotive,

electronic, mechanical machinery and process manufacturing industry

segments. -- A well-earned reputation for being easy to do business with. -- A tightly integrated suite of enterprise applications. -- A proven solution implementation methodology. -- Leadership, open, flexible, easy-to-use technology. -- A "globally local" organization with offices and partners worldwide.

MatrixOne, Inc.

MatrixOne, Inc., based in Chelmsford, Mass., is the leader in providing solutions that dramatically improve companies' product development competitiveness. MatrixOne offers solutions for the aerospace, automotive, electronic and mechanical machinery segments of discrete manufacturing and process industry that are based on a tightly integrated suite of product information management applications under the Matrix and MatrixWorks trade names. A cornerstone corporate value of the new company is customer success, which is delivered through the Customer Success Model (CSM)(TM), MatrixOne's best practices for implementing enterprise product information management solutions. Information about MatrixOne and its solutions is available on the World Wide Web at http://www.matrix-one.com .

Adra Systems, Inc.

Adra Systems, Inc., based in Chelmsford, Mass., is a global supplier of powerful computer-aided design and manufacturing solutions that make design departments more efficient. Adra offers several CAD/CAM/CAE software solutions under the Cadra trade name, including Cadra Design Drafting, Cadra NC, Cadra E and CadraWorks. Information on Adra and its products is available on the World Wide Web at http://www.adra.com . -0-

CSM is a trademark of MatrixOne, Inc. Other products and company names mentioned may be trademarks or registered trademarks of their respective companies.

CONTACT: MatrixOne Inc.

Paul Gilmartin, [phone]

[e-mail]

or

Schwartz Communications

Christine Brodeur/Shanti Nigam, [phone]

[e-mail]