Legrand Speeds Product Development with MatrixOne PLM.PARIS Paris, in Greek mythology Paris or Alexander, in Greek mythology, son of Priam and Hecuba and brother of Hector. Because it was prophesied that he would cause the destruction of Troy, Paris was abandoned on Mt. -- Leader in Products and Systems for Electrical Installations and Information Networks Deploys MatrixOne PLM (Product Life cycle Management) A comprehensive information system that coordinates all aspects of a product from initial concept to its eventual retirement. Sometimes called the "digital backbone" of a product, it includes the requirements phase, analysis and design Platform Globally; Allows Dispersed Teams to Effectively Collaborate on Product Development Efforts 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 : MONEE), a leading provider of collaborative product lifecycle Product lifecycle or product life cycle is the course of a product's sales and profits over time. The five stages of each product lifecycle are product development, introduction, growth, maturity and decline. management (PLM) solutions for the value chain(TM), today announced that the Legrand Group, the world specialist in products and systems for electrical installations and information networks, has selected the MatrixOne PLM platform as the cornerstone of its product development environment. To be deployed throughout the Legrand Group, the MatrixOne solution will enable the Group's international product development teams to access, organize and share critical new product development information in real-time. The decision to select the MatrixOne PLM platform was driven by a number of factors including Legrand's requirements for scalability, collaboration, ease-of-use and personalization. "The MatrixOne solution is extremely user-friendly, with a much more natural man/machine interface than our previous solution," said Jean-Paul Chanal, the PDM (1) (Product Data Management) An information system used to manage the data for a product as it passes from engineering to manufacturing. The data includes plans, geometric models, CAD drawings, images, NC programs as well as all related project data, notes and project manager for Legrand. "Its ease-of-use is an important point worth highlighting, as we are now able to share data via our intranet across all the sites of the Group, using a standard IT architecture. Another decisive criterion was the high level of personalization possible. We need a solution that can adapt to the company's requirements, and MatrixOne delivers that flexibility. We now have the capacity internally to execute specific settings and configurations as required." "The MatrixOne platform saves us an enormous amount of time at the design and concept stages," continues Chanal. "Not only because of the ease of use, but also thanks to the reliable distribution of product data to our global teams. The fact that everyone has access to the most recent version makes file management much less time-consuming and labour-intensive. Furthermore, by integrating our mechanical and electronic CAO solutions, we can synchronize product design across engineering disciplines. The whole product development process thereby becomes more efficient and less costly--and we reduce our time-to-market. That is the real added value Added value in financial analysis of shares is to be distinguished from value added. Used as a measure of shareholder value, calculated using the formula:
"By deploying the MatrixOne platform, Legrand is enabling its geographically dispersed work teams to collaborate better and stay connected through access to real-time information," said Henri Carasso, General Manager for MatrixOne Southern Europe Southern Europe or sometimes Mediterranean Europe is a region of the European continent. There is no clear definition of the term which can vary depending on whether geographic, cultural, linguistic or historical factors are taken into account. . "This eliminates communication barriers and drives faster decision-making, delivering higher levels of quality and innovation, and ultimately giving Legrand a competitive advantage over other players in the market." About Legrand Legrand is the world specialist in products and systems for electrical installations and information networks used in residential and commercial buildings and in industry. Its catalogues feature over 130,000 products and it operates in more than 60 countries, employing 26,000 people. About MatrixOne MatrixOne, Inc. (NASDAQ: MONEE), a leading global provider of collaborative product lifecycle management (PLM) software and services, enables companies to accelerate product innovation to achieve top line revenue growth and improve bottom line profitability. With world-class PLM solutions and a commitment to customer success, MatrixOne is focused on helping companies across the automotive, aerospace & defense, consumer, machinery, medical device, semiconductor and high-tech industries solve their most challenging new product development and introduction problems. More than 800 companies use MatrixOne's solutions to drive business value and gain a competitive advantage, including industry leaders such as BAE Systems BAE Systems British manufacturer of aircraft, missiles, avionics, naval vessels, and other aerospace and defense products. BAE Systems was formed (1999) from the merger of British Aerospace (BAe) with Marconi Electronic Systems. , Bosch, Comau, General Electric, Honda, 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. , Linde AG, NCR (NCR Corporation, Dayton, OH, www.ncr.com) A technology company specializing in financial terminal transactions, retail systems and data warehousing. Until the late 1990s, NCR was heavily invested in the hardware side of the industry, known worldwide as a major manufacturer of computers , Nokia, Philips, Porsche, Procter & Gamble, Sony Ericsson For an arrangement of Sony Ericsson products, see list of Sony Ericsson products Sony Ericsson is a joint venture established in 2001 by the Japanese consumer electronics company Sony Corporation and the Swedish telecommunications company Ericsson to make mobile phones. , STMicroelectronics and Toshiba. MatrixOne (www.matrixone.com) is 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 , with locations throughout 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-Pacific. MatrixOne and the MatrixOne logo are registered trademarks and "a leading provider of collaborative product lifecycle management (PLM) solutions for the value chain" is a trademark 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 more about the risks and uncertainties of our business, see our periodic and other S.E.C. filings. |
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