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Westford, Mass. - March 1, 2004 -
MatrixOne, Inc. (NASDAQ: MONE), a leading provider
of collaborative product lifecycle management
(PLM) solutions for the value chain™, today
announced that Philips Optical Storage, a business
group of Royal Philips Electronics (NYSE: PHG) has
selected MatrixOne's Matrix10 PLM environment as
the backbone of its global, collaborative document
management system. This deployment, which builds
upon an existing MatrixOne implementation, will
provide Philips Optical Storage with better
distribution of and access to business critical
documents.
Philips Optical Storage develops and
manufactures industry-leading optical storage
products for sale through Original Equipment
Manufacturers (OEM) channels worldwide. The
product portfolio include drives, subassemblies
and components related to CD and DVD products for
the consumer recording, gaming, automotive
infotainment and PC storage markets.
The company will use MatrixOne Document
Central™ as the standard document management
application on approximately 2,000 desktops across
their global organization. MatrixOne Document
Central will serve as the enabling technology for
distributing business critical information across
their organization. With MatrixOne Document
Central, Philips Optical Storage will be able to
streamline its information gathering, publishing
and approval processes and organize, find and
share files collaboratively among global teams.
MatrixOne Document Central will fulfill a global
library function within Philips Optical Storage so
that all documents can be easily searched,
retrieved, reviewed, approved and stored between
every worldwide location.
"MatrixOne Document Central was selected as our
backbone system to streamline our electronic
document management process. We anticipate that it
will help to increase efficiency in our business
processes, not only internal but also with
external partners," said Mr. André van Luijtelaer,
manager Business Information Systems at Philips
Optical Storage. "Based on our positive
experiences in the past, we are confident that
MatrixOne will give us their expertise and support
to get us started fast."
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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