Citadon and MatrixOne Partner to Deliver Product Collaboration Solutions for the Engineering and Building Industries.
WESTFORD, Mass. & SAN FRANCISCO--(BUSINESS WIRE)--Sept. 11, 2001
-- Citadon to build next-generation applications on MatrixOne's
eMatrix collaborative framework to extend its leadership in the $3.9
trillion industry --
MatrixOne, Inc. (NASDAQ: MONE), a leading provider of product collaboration for the value chain(TM), and Citadon Inc., a leading provider of e-business services targeting the building and engineering industry (www.citadon.com), today announced that Citadon has selected MatrixOne's eMatrix(TM) product collaboration platform to deliver and launch their next-generation global project management and collaborative application offerings. Through eMatrix, Citadon's customers will gain the ability to seamlessly and globally manage both their most complex development projects as well as their core business processes across all their projects and capital works programs.
"The building and engineering industries require complicated and detailed coordination, collaboration, and communication. However, the ever-changing locations of construction sites make it almost impossible to have the communication support systems that traditional manufacturing has expected and depended upon for day-to-day operations," said Jack Maynard, research director of the Aberdeen Group. "By embracing Web-centric strategies to improve connectivity, these complex communications problems can be solved, improving productivity and thereby enhance the organization's responsiveness and accountability. This will lead to a better competitive stance and ultimately improved customer satisfaction and profitability in this industry."
Citadon develops collaboration software that enables enterprises in the engineering and construction industries to leverage the Internet to solve the complex project collaboration problems. The eMatrix infrastructure will provide the foundation for a high performance, scalable, and secure communication platform to manage complex global projects. The joint solution will provide customers with the ability to communicate, capture and leverage knowledge across their extended enterprise and value chain while minimizing risk and increasing operational efficiency.
"Citadon supports its clients in managing complexity in their projects. In so doing, project information needs to be managed from concept through obsolescence with very high volumes of data, user interaction, and a solid sense of security even while geographically dispersed" stated Bernard Fried, CEO of Citadon. "The ability for our customers to network their suppliers and collaborate in real time to manage any given project is critical to lowering overall costs and delivering quality results. Teaming with MatrixOne(R) will allow us to extend our leadership in this area and introduce advanced services and efficiencies to our industry."
"MatrixOne has been a trusted partner in helping companies in the process industry solve their complex needs, and this relationship is a great fit with the application and domain expertise of Citadon," said Mark O'Connell, president and chief executive officer of MatrixOne. "The engineering and building industries engage in large complex projects that embrace multiple suppliers across the world. While this provides an enormous challenge, it at the same time offers a high return of value for customers including the opportunity to save significant time and money and yield more innovative results."
Citadon Inc. provides the $3.9 trillion global engineering and building industry with collaboration software that enables the delivery of integrated services designed to reduce financial and legal risk, improve profitability and create accountability and predictability across global projects. Citadon's services help customers to conduct and manage core business processes, collaborate and communicate seamlessly, and capture and leverage knowledge across the extended enterprise.
Headquartered in San Francisco, Citadon's services are currently being utilized in over 30 countries, by more than 30,000 active subscribers on projects with a construction value in excess of $110 billion. Currently Citadon customers include Barton Malow, the Bechtel Group, Bidcom Ltd., The Chicago Transit Authority, Duke Energy, Fluor Corp., Gale & Wentworth, GE Power Systems, Gensler, IcFox International, and Swinerton Builders. Citadon is privately held.
MatrixOne, Inc. (NASDAQ: MONE) is changing the way the world brings products to market(TM). The company's eMatrix(TM) product collaboration platform 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 Net markets. A trusted partner to innovative companies, MatrixOne(R) helps customers accelerate the right products to market. MatrixOne's more than 575 global customers represent the high-technology, aerospace/defense, automotive, communications, consumer, mechanical, machinery, medical equipment, and process industries, including GE, John Deere, Procter & Gamble, Nokia, Siemens, JDS Uniphase, and Honda. Headquartered in Westford, Massachusetts, MatrixOne (www.matrixone.com) also maintains offices in North America, Europe, and Asia, with additional distributors in South America and Australia.
MatrixOne is a registered trademark, 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 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 a more about the risks and uncertainties of our business, see our periodic and other S.E.C. filings.