MatrixOne Introduces Engineering Central to Drive Collaboration on Product Creation Across Global Value Chains Via the Internet.

Business/Technology Editors

CHELMSFORD, Mass.--(BUSINESS WIRE)--June 27, 2001

Latest Addition in the Value Chain Portfolio Delivers Engineering

Best Practices and Tightens Integration Among Collaborative Design

Teams

MatrixOne, Inc. (NASDAQ: MONE), the first in Intelligent Collaborative Commerce(TM), today announced Engineering Central, an out of the box application that dramatically accelerates the ability of companies to implement engineering best practices across global value chains for product definition, bill of material (BOM) creation and management and engineering change. The newest addition to the MatrixOne(R) Value Chain Portfolio(TM), Engineering Central(TM) is a key component for companies looking for a proven approach to bringing higher quality products to market faster and with more innovation. The application provides a secure, flexible, easy to use environment for creating and managing product information and development processes over the Internet, greatly improving a company's time to value and return on investment.

Global value chains can use Engineering Central to define parts and processes with revision control and configuration management (CM) best practices. Because it does not require programs to reside on the desktop, Engineering Central allows individuals and teams to easily work with anyone in their value chain anywhere around the world, using standard Web browsers. For example, to bring a new model to market, a cell phone manufacturer must coordinate a number of internal resources and external suppliers to design, produce and test the hundreds of components that comprise the phone. Some of those components may be designed on one continent, produced on a second and assembled on a third. Engineering Central helps such widely dispersed product teams to create, find, view, mark-up and compare BOMs, manage drawing and other files associated with parts and manage changes to parts, BOMs and drawings.

"Companies are racing to minimize time-to-market and product costs, while at the same time maximize product innovations and quality as well as return on investments and assets. These goals dictate that they transform simpler materials-based supply chains into value chains of highly effective product-collaborative communities. Value-chain communities share intellectual capital surrounding products and technologies in addition to order-quantity demands. MatrixOne's Engineering Central accelerates this needed transformation to a broad market by delivering a ready-to-use solution that is a cornerstone for product collaboration," said Jack Maynard, research director for the Aberdeen Group.

Engineering Central is another addition to the MatrixOne Value Chain Portfolio, a set of plug-and-play applications that integrate product information and business processes in support of value chain interaction, from internal department-to-department enterprise resource integration to supply chain interaction and customer configuration management. The Value Chain Portfolio is architected so that companies can start with the application that meets their immediate needs and then expand to others as business requirements evolve. This allows organizations to build increasingly robust and effective value chain solutions without retrofit or reconfiguration.

"We're excited to extend the MatrixOne Value Chain Portfolio to include Engineering Central, a product developed from our years of experience working with some of the world's most successful organizations implementing engineering best practices," said Mark O'Connell, president and chief executive officer of MatrixOne. "Many vendors are trying to sell point solutions into the collaboration market space. MatrixOne understands that many business processes must work together to be successful in collaborating across global value chains. With our Value Chain Portfolio, we are dedicated to offering interconnected solutions that help enterprise teams, suppliers and partners collaborate to accelerate the right products to market."

Engineering Central is ready to use out of the box, and can also be customized to meet the specific needs of an enterprise. It is available immediately and is priced from $5,000 for a five-user license. The application runs on MatrixOne's eMatrix(TM) collaboration platform, an open, scalable, secure framework for deploying, integrating and developing product collaboration solutions across the value chain.

For more information, please visit www.matrixone.com/products/business_applications_engineering_ central.html

About MatrixOne

MatrixOne, Inc. (NASDAQ: MONE) is the first in Intelligent Collaborative Commerce. The Company's Internet software products provide an infrastructure for establishing business-to-business collaboration among trusted customers, suppliers and other business partners, while also enabling secure access to independent trading communities and applications within private and public net markets. The eMatrix platform and Value Chain Portfolio applications use the Internet to link people, processes and information to enable dramatic improvements in profitability and efficiency throughout the value chain.

MatrixOne has global customers in the high technology, aerospace/defense, automotive, communications, consumer, mechanical, machinery, medical equipment and process industries, including General Electric, John Deere, Procter & Gamble, Nokia, Philips, Siemens, Alcatel, JDS Uniphase and Honda. These companies are using MatrixOne solutions to enhance their competitive advantage in the burgeoning business-to-business economy.

Headquartered in Chelmsford, Massachusetts, MatrixOne (www.matrixone.com) maintains offices in North America, Europe and Asia.

MatrixOne is a registered trademark, and eMatrix, Value Chain Portfolio and Intelligent Collaborative Commerce are trademarks of MatrixOne.

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.