Johnson Controls Partners With MatrixOne to Provide Auto Suppliers Private Net Market Solution.Business/Technology Editors PLYMOUTH, Mich. and CHELMSFORD, Mass.--(BUSINESS WIRE)--Jan. 7, 2001 Alliance Will Produce Premier Private Internet Market Software for Auto Suppliers to Collaborate and Manage Supplier Performance, Quality Planning and Minority Sourcing Johnson Controls Johnson Controls, Inc. (NYSE: JCI) is a United States company, based in Milwaukee, Wisconsin, specializing in the design, manufacturing, and installation of automotive systems, automotive batteries (Optima[1] based in Denver, Colorado) and climate control systems. , Inc. (NYSE NYSE See: New York Stock Exchange : JCI JCI Journal of Clinical Investigation JCI Johnson Controls, Inc. JCI Junior Chamber International JCI Joint Commission International JCI Japan Concrete Institute JCI Journal of Communication Inquiry JCI Johannesburg Consolidated Investment Company Limited ), a leading tier-one automotive interior supplier, and 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) the first in Intelligent Collaborative Commerce(TM)today announced a strategic partnership to jointly develop an integrated, Web-based solution for automotive suppliers to bring new levels of design collaboration, communication and management to the entire supply chain. MatrixOne will incorporate the functionality of Johnson Controls' current proprietary Advance Quality Planning system See spreadsheet and financial planning system. into a comprehensive and secure solution that addresses the significant supply chain challenges facing automotive suppliers. Planned functionality for the new solution includes program management, unified quality planning and performance management of an entire supplier base. MatrixOne will be integrating a diversity tracking solution from Applied Information Services See Information Systems. , Inc. to provide comprehensive management of minority sourcing. "Collaboration is vital to getting the most out of our supplier relationships, and this tool will greatly enhance that capability. We are very impressed with the eMatrix(TM) net market platform. Its business process flexibility helps speed product development and communication, with the security necessary to safely make sensitive materials available to our supply base," said Mike Suman, group vice president for e-Business and marketing at Johnson Controls. "We are impressed at how far we can extend this supplier solution with MatrixOne's Value Chain Portfolio(TM) of applications, integrating our extended enterprise into all phases of the product life cycle." "We are excited by the joint project. The combination of MatrixOne's product collaboration expertise with Johnson Controls' world-class knowledge and leadership in the complex world of automotive supply will produce the ultimate weapon for auto suppliers," said Mark O'Connell, president and CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. of MatrixOne. "The resulting product, based on our current Supplier Central product, will give automotive suppliers the ability to deploy a private net market solution that creates unprecedented visibility in their supply chains -- bringing them significant advantage." Johnson Controls and MatrixOne are demonstrating a prototype of the new software at Johnson Controls' ballroom at the North American North American named after North America. North American blastomycosis see North American blastomycosis. North American cattle tick see boophilusannulatus. International Auto Show An auto show, or motor show, is a public exhibition of current automobile models, debuts, concept cars, or out-of-production classics. It is commonly attended by automobile manufacturers. Most auto shows occur once or twice a year. in Detroit this week. The software is slated for availability in Q2, 2001. About MatrixOne, Inc. MatrixOne, Inc. (NASDAQ: MONE) is the first in Intelligent Collaborative Commerce. The Company's products provide an infrastructure for establishing business-to-business collaboration among trusted customers, suppliers and other business partners, while also enabling standards-based access to independent trading communities and applications hosted by industry service providers. The eMatrix Intelligent Collaborative Commerce solution uses the Web to link people, processes and information to enable dramatic improvements in profitability and efficiency throughout the value chain. [pilcrow (paragraph sign)] MatrixOne has global customers in the high technology, aerospace/defense, automotive, communications, consumer, mechanical, machinery, medical equipment and process industries. These companies are using MatrixOne solutions to enhance their competitive advantage in the burgeoning business-to-business economy. [pilcrow (paragraph sign)] Headquartered in Chelmsford, Massachusetts Chelmsford is a town in Middlesex County, Massachusetts in the Greater Boston area. It is located 24 miles from Boston and, bordering on the City of Lowell, it is part of the Greater Lowell metropolitan area. , MatrixOne (www.matrixone.com) 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. Note: MatrixOne is a registered trademark, and eMatrix, Adaplet, Customer Success Methodology, Intelligent Collaborative Commerce and Value Chain Portfolio are trademarks of MatrixOne, Inc. All other trademarks and service marks are the property of their respective owners. About Johnson Controls, Inc. The Plymouth, Michigan Plymouth is a city in Wayne County of the U.S. state of Michigan. The population was 9,022 at the 2000 census. The city is located within Plymouth Township, but is politically independent. (U.S.A.)-based automotive business of Johnson Controls - which employs more than 77,000 people at 285 facilities worldwide - achieved US$12.7 billion in sales for the 2000 fiscal year. In model-year 2001, it will supply interior products for more than 23 million vehicles. Johnson Controls, Inc. (www.johnsoncontrols.com) is a global market leader in automotive systems See ITS, embedded system, drive-by-wire, adaptive cruise control, collision avoidance system, autonomous vehicle, heads-up display, DSRC, lane departure system, CAN bus, FlexRay and SYNC. and facility management and control. In the automotive market, it is a major supplier of seating and interior systems, and batteries. For non-residential facilities, Johnson Controls provides building control systems and services, energy management and integrated facility management. Johnson Controls (NYSE: JCI), founded in 1885, has headquarters in Milwaukee, Wisconsin For other places with the same name, see Milwaukee (disambiguation). Milwaukee is the largest city within the state of Wisconsin and 25th largest (by population) in the United States. (USA). Its sales for 2000 totaled US$17.2 billion. This press release contains 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. that are subject to risks and uncertainties that could cause the Company's actual results to differ materially from those anticipated, including statements concerning expected financial and operating results, growth of our customer base and revenues, future customer orders and resulting benefits from our products. Those risks and uncertainties include, among others: the risk that the market does not accept our products; our lengthy and variable sales cycle; the Company's ability to develop new products and services that keep pace with technology; and the Company's ability to develop and maintain successful relationships with systems integrators and complementary technology vendors. For a more detailed discussion of the risks and uncertainties of MatrixOne's business, please refer to the Company's periodic reports and registration statements filed with the Securities and Exchange Commission, including the Company's Prospectus dated February 29, 2000. |
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