Appointment of New Vice President of Sales for EMEA Highlights MatrixOne's Focus to Strengthen Leadership Team.Business/Technology Editors WESTFORD, Mass.--(BUSINESS WIRE)--Oct. 30, 2001 Les Bonney to Lead Sales Force to Expand Product Collaboration Throughout Key Region MatrixOne, Inc. (NASDAQ NASDAQ in full National Association of Securities Dealers Automated Quotations U.S. market for over-the-counter securities. Established in 1971 by the National Association of Securities Dealers (NASD), NASDAQ is an automated quotation system that reports on : MONE), a leading provider of product collaboration solutions for the value chain, today announced the addition of Les Bonney to the Company's senior management team. Bonney will serve as vice president, sales, Europe, Middle East and Africa (EMEA (Europe, Middle East, Africa) Refers to that region of the world. For example, one might see products packaged differently for the UK, EMEA and Asia Pacific markets. ), filling a crucial role in MatrixOne's campaign to help global organizations recognize a measurable return on investment via product collaboration solutions that accelerate the right products to market. Bonney is charged with building sales momentum in this important region, which accounts for nearly 25 percent of MatrixOne sales. He will also work with MatrixOne's existing customers to capture the quantifiable benefits that have been achieved through their implementation of MatrixOne solutions. "Given the challenges of the global economy, MatrixOne is committed to strengthening our sales and marketing leadership in order to help organizations implement the best solutions to reduce costs and decrease time to market for products. With his superior sales experience and extensive knowledge in big-ticket solution selling and scaling successful sales organizations, Les Bonney is a critical component of our senior team working to accomplish this mission," said Hans Ruigrok, senior vice president, global sales for MatrixOne. "With Les managing the sales organization's continuing campaign to bring MatrixOne's product collaboration offerings to this key geographic region, we have strengthened our market opportunity in EMEA." Bonney brings over 14 years of sales experience in the information technology industry. Most recently, he was based in the Netherlands serving as vice president of Northern Europe, Eastern Europe Eastern Europe The countries of eastern Europe, especially those that were allied with the USSR in the Warsaw Pact, which was established in 1955 and dissolved in 1991. , the Middle East & Africa, for Siebel Systems Siebel is a brand name of Oracle Corporation. Siebel Systems, Inc., founded by Thomas Siebel in 1993, was principally engaged in the design, development, marketing and support of CRM applications. . Reporting directly to the head of Europe and Tom Siebel, in this role Bonney was responsible for managing approximately $200 million of business. Prior to joining Siebel Systems, Bonney worked for Oracle for nine years where has was in charge of the Emerging Markets business. During this time, Bonney established Oracle's geographic market presence, initially through distributors and then eventually through direct operations in 14 subsidiaries in Eastern Europe, the Middle East and Africa. About MatrixOne MatrixOne, Inc. (NASDAQ: MONE) is changing the way the world brings products to market(TM). The Company's eMatrix(TM) product collaboration platform An emerging category of computer software, collaboration platforms are unified electronic platforms that support synchronous and asynchronous communication through a variety of devices and channels. and out-of-the-box Value Chain Portfolio(TM) applications enable online collaboration across global value chains and secure access to independent trading communities in private and public marketplaces. A trusted partner to innovative companies, MatrixOne helps customers accelerate the right products to market. MatrixOne's more than 575 global customers represent the aerospace/defense, apparel, automotive, consumer packaged goods Noun 1. packaged goods - groceries that are packaged for sale foodstuff, grocery - (usually plural) consumer goods sold by a grocer plural, plural form - the form of a word that is used to denote more than one , general machinery, high-technology, and medical equipment industries, including GE, Procter & Gamble, Nokia, Siemens, JDS Uniphase JDS Uniphase Corporation (JDSU) NASDAQ: JDSU is a company that manufactures and designs products for fiber optic communication and test equipment. It is headquartered in Milpitas, California, USA. , and Honda. Headquartered in Westford, Massachusetts Westford is a town in Middlesex County, Massachusetts, United States. The population was 20,754 at the 2000 census. History Westford was first settled in 1635. Originally a part of neighboring Chelmsford, West Chelmsford soon grew large enough to sustain its own , MatrixOne (www.matrixone.com) also maintains offices in North America North America, third largest continent (1990 est. pop. 365,000,000), c.9,400,000 sq mi (24,346,000 sq km), the northern of the two continents of the Western Hemisphere. , Europe, and Asia, with additional distributors in Latin America Latin America, the Spanish-speaking, Portuguese-speaking, and French-speaking countries (except Canada) of North America, South America, Central America, and the West Indies. and Australia. MatrixOne and Adaplet are registered trademarks, and eMatrix, Changing the Way the World Brings Products to Market, Leading Provider of Product Collaboration for the Value Chain, and Value Chain Portfolio are trademarks of MatrixOne, Inc. All other trademarks and service marks are the property of their respective owners. Forward-looking statements forward-looking statement A projected financial statement based on management expectations. A forward-looking statement involves risks with regard to the accuracy of assumptions underlying the projections. 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 Internal Operations (I.O., IO or I/O) is a fictional American Intelligence Agency in Wildstorm comics. It was originally called International Operations. I.O. first appeared in WildC.A.T.S. volume 1 #1 (August, 1992) and was created by Brandon Choi and Jim Lee. , 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. |
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