MatrixOne Hosts European Innovation Summit in Munich.MUNICH, Germany -- Leading Global Companies to Present 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 (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 ) Strategies and Initiatives at Major European Conference 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 collaborative product lifecycle management (PLM) solutions for the value chain(TM), today announced the opening of its European Innovation Summit 2004. The event, held at the Arabella Sheraton in Munich, Germany, brings together some of the world's most forward-looking companies to discuss the ways in which PLM is transforming the product development process, with benefits including increased efficiency, better collaboration, improved productivity, accelerated time to market and greater return on investment. The MatrixOne Innovation Summit will feature MatrixOne customers from a wide variety of industry sectors, including high-tech, manufacturing, electronics, automotive and 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 (CPG CPG central pattern generators. ). Companies presenting include Nokia, Porsche, Ericsson, Adidas-Salomon, Procter & Gamble and Siemens. The conference is also supported by leading technology and consulting companies, including Technia, IBM (International Business Machines Corporation, Armonk, NY, www.ibm.com) The world's largest computer company. IBM's product lines include the S/390 mainframes (zSeries), AS/400 midrange business systems (iSeries), RS/6000 workstations and servers (pSeries), Intel-based servers (xSeries) , Atos Origin Atos Origin, SA (Euronext: ATO) is an international IT corporation which operates in 40 countries worldwide, with over 50,000 employees. The corporate headquarters are located in Paris, France and Zaventem, Belgium. , Tata Consultancy Services Tata Consultancy Services Limited (TCS Limited company) is one of the world’s largest providers of information technology, consulting, services and business-process outsourcing which commenced operations in 1968. As of 2007, it is Asia's largest And India's No. and Sun Microsystems, who will be actively participating and showcasing their experiences and expertise. Attendees will learn how MatrixOne's PLM solutions have played a role in changing and improving the business models of these companies by enabling simplified product development processes with customers, partners and suppliers. The conference will be opened by Mark O'Connell, MatrixOne 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. , and Andy Kofoid, Vice President 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. , and will feature a keynote presentation by Nigel Montgomery of AMR (1) (Adaptive Multi-Rate) A variable rate speech codec selected by the 3GPP for the 3G evolution of the GSM cellphone system (WCDMA). Using the Algebraic CELP (ACELP) compression technology, AMR provides toll quality sound at transmission rates from 4.75 to 12. Research, a leading industry analyst firm that focuses on product strategy for global manufacturers. Montgomery will discuss how PLM has become a strategic imperative for global companies competing in 21st century markets, and how profitable growth is being achieved by those businesses that master demand for their products. "The need to innovate has never been more acute within the manufacturing sector, and as companies look for new ways to develop competitive advantage and drive profitability, they are increasingly finding that PLM solutions are well equipped to help meet these goals," said Andy Kofoid, Vice President EMEA for MatrixOne. "We believe that this Innovation Summit is one of the most comprehensive overviews of PLM ever staged in Europe. We hope that attendees will come away from it having discovered how PLM not only addresses traditional manufacturing issues such as shortening time shortening time n. an order of the court in response to the motion of a party to a lawsuit which allows setting a motion or other legal matter at a time shorter than provided by law or court rules. to market and improving supply chain collaboration, but can also help companies to meet new challenges such as increased regulatory compliance in certain areas and global synchronization." About MatrixOne MatrixOne, Inc. (NASDAQ: MONE) is a recognized leader in delivering collaborative Product Lifecycle Management (PLM) solutions. We provide flexible solutions that unleash the creative power of global value chains to inspire innovations and speed them to market. MatrixOne's customers include global leaders in the aerospace and defense, automotive, consumer products, high technology, life sciences, machinery and the process industries, including Agilent Technologies, General Electric, Honda, Johnson Controls, Philips, Procter & Gamble, Siemens and Toshiba. MatrixOne (http://www.matrixone.com/) is headquartered in Westford, Massachusetts with locations throughout North America, Europe, and Asia/Pacific. MatrixOne and the MatrixOne logo are registered trademarks of MatrixOne, Inc. and "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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