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Westford, Mass. - November 11, 2003 -
MatrixOne, Inc. (NASDAQ: MONE), a leading provider
of collaborative product lifecycle management
(PLM) solutions for the value chain™, today
announced that Toshiba Corporation, a world leader
in the manufacture of electronic and electrical
products, has deployed MatrixOne's PLM solutions
as part of a major initiative to transform its
product development practices and support new
outsourced manufacturing programs. To drive the
production of high quality products more quickly
and at a lower cost, Toshiba has developed a
single, secure environment based on MatrixOne PLM
solutions that enables cross-functional teams from
marketing, planning, design, procurement and
manufacturing to work more effectively across
departmental and corporate boundaries. Utilizing
MatrixOne solutions for program management,
product engineering and supplier relationship
management, Toshiba has shortened time-to-market
and reduced product development costs while
meeting Six Sigma and ISO quality guidelines.
MatrixOne's PLM solutions are the backbone of
Toshiba's collaborative engineering initiative
which leverages the power of the Internet to bring
greater efficiency to its product development
activities. With MatrixOne Program Central™,
Toshiba is able to manage project status and
uncover bottlenecks in real time in addition to
controlling tasks and deliverables simultaneously.
With 600 users today and an estimated 2,300 users
by the end of 2003, MatrixOne Program Central™ is
dramatically shortening Toshiba's time-to-market
for its innovative products. Toshiba is also using
MatrixOne Engineering Central™ which enables users
from sales, product design, purchasing, production
and service to access the same bill-of-materials
in real-time via the Internet, driving improved
product quality. MatrixOne Team Central™ provides
a secure virtual workspace in which suppliers,
product designers and buyers can collaborate early
in the design process to avoid costly mistakes
downstream.
"Widely recognized for its focus on the voice
of the customer, Toshiba is driving quality
improvements and increased customer satisfaction
by ensuring the highest standards of quality in
the product development process from the very
beginning," said Mike Segal, senior vice president
of customer success for MatrixOne. "Through our
PLM solutions, Toshiba is able to manage programs
across product planning, procurement,
manufacturing, quality control, partners,
outsourcers, and suppliers. By ensuring the right
people get the right information at the right
time, MatrixOne PLM solutions are helping Toshiba
shorten time-to-market, reduce product development
costs and continue to drive the highest standards
of product quality."
About Toshiba
Toshiba, a world leader in high technology, is a
diversified manufacturer and marketer of advanced
electronic and electrical products, spanning
information & communications equipment and
systems, Internet-based solutions and services,
electronic components and materials, power
systems, industrial and social infrastructure
systems, and household appliances. Under the
management vision of "Innovation-driven,
customer-focused growth," the key objective of the
Toshiba Group of companies is to provide total
utmost satisfaction to customers worldwide through
leading-edge products and top-of-the-line
services. More information is available at
http://www.toshiba.co.jp/index.htm.
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.
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