MatrixOne to Host Seminar on Managing ELV Compliance; Executives from Tetra Tech and MatrixOne Will Discuss New Compliance Issues Affecting the Automotive Industry and Best Practices for Success.WESTFORD, Mass. -- 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 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 ) solutions for the value chain(TM), today announced that it will be hosting a free half-day seminar focused on the product development and regulatory compliance issues affecting automotive companies. The event will take place in Detroit on Wednesday, March 29 from 8:30 a.m. - 12:00 p.m. Whether it's the End of Life Vehicles (ELV ELV End-of-Life Vehicles ELV Expendable Launch Vehicle ELV Extra Low Voltage ELV Emission Limit Value (environmental protection) ELV Elektronisches Lastschrift Verfahren (German method of payment) ) Directive, IMDS IMDS International Material Data System (automotive) IMDS Integrated Maintenance Data System IMDS Image Data Stream (Format) IMDS Integrated Mechanical Diagnostics System , or OEM (Original Equipment Manufacturer) The rebranding of equipment and selling it. The term initially referred to the company that made the products (the "original" manufacturer), but eventually became widely used to refer to the organization that buys the products and specific reporting requirements, materials and chemical substance compliance can be a daunting daunt tr.v. daunt·ed, daunt·ing, daunts To abate the courage of; discourage. See Synonyms at dismay. [Middle English daunten, from Old French danter, from Latin task. Many automotive companies today are struggling to manually collect, manage, track and analyze high volumes of technically detailed and complex information. Not only is this extremely time-consuming, but it's highly error-prone. The price of non-compliance can be severe, resulting in lost sales revenues, product launch delays, product recalls, increased warranty costs and even the potential for recovery of fines imposed upon the OEMs. Speakers from Tetra Tech and MatrixOne will discuss the latest issues with the ELV Directive, IMDS reporting, and how to effectively manage business processes to meet with compliance in the automotive industry The automotive industry is the industry involved in the design, development, manufacture, marketing, and sale of motor vehicles. In 2006, more than 69 million motor vehicles, including cars and commercial vehicles were produced worldwide. . Topics on the event agenda include: --What's changed with the ELV Directive and the Annex II Exemptions --How IMDS 3.2 (released on March 1, 2006) and changes coming with IMDS 4.0 (due to be released in May 2006) affect your company --PPAP & IMDS reporting - a new matched pair --Getting supplier data easily into IMDS to avoid risk of rejected parts --Connecting global suppliers, partners and customers in order to work together to more effectively speed new products to market --Managing all product-related information and facilitating collaboration throughout every stage of the product lifecycle --Collecting, aggregating, analyzing and reporting material and substance data throughout product development --Implementing a design for compliance approach where verifying material data against GADSL GADSL Global Automotive Declarable Substance List and OEM specific requirements is integrated into every phase of the process, rather than merely checked at the end To register, please visit: http://matrixone.ed4.net/profile/65/signup.cfm?L=5765379. About MatrixOne, Inc. MatrixOne, Inc. (NASDAQ: MONE), 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 , New Balance, Nokia, Philips, Porsche, Procter & Gamble, Sony Ericsson, STMicroelectronics and Toshiba. MatrixOne (www.matrixone.com) is headquartered in Westford, Massachusetts, with locations throughout North America, Europe and Asia-Pacific. On March 1, 2006, Dassault Systemes entered into a definitive agreement to acquire MatrixOne, Inc., subject to customary closing conditions. MatrixOne and the MatrixOne logo are registered trademarks and "a leading provider of collaborative product lifecycle management (PLM) solutions for the value chain" 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 more about the risks and uncertainties of our business, see our periodic and other S.E.C. filings. |
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