MatrixOne Expands Presence in Benelux Electronic Design Market through Technology Alliance with Transfer Nederland

Westford, Mass. - March 11, 2004 - MatrixOne, Inc. (NASDAQ: MONE), a leading provider of collaborative product lifecycle management (PLM) solutions for the value chain™, today announced that Transfer Nederland, an IT consulting and implementation group specializing in the electronic design automation industry (EDA) has joined MatrixOne's alliance partner program as a distributor for the Benelux (Belgium - Netherlands - Luxembourg) area. The new distributorship with Transfer will extend MatrixOne's presence in northern Europe and leverages Transfer's reputation and experience in working with small to medium enterprises in the electronic design market to strengthen MatrixOne's position in this key industry.

Erik Driehuis, MatrixOne's Director Benelux and Nordic Region, said, "We are pleased to join forces with Transfer to expedite the delivery of MatrixOne solutions to the electronic products market in Benelux. Perhaps no other industry has as much pressure to deliver complex products to market more quickly than the electronics industry. We are confident that a winning combination of MatrixOne PLM solutions and Transfer's expertise in the EDA market will give electronics manufacturers the power to handle the short product delivery cycles common to the industry."

So many companies now consider electronics as being a core part of their value proposition to customers. In fact, because electronics components and functionality are part of nearly every product produced, the market has emerged into a horizontal market that is a critical part of every major industry from appliances to automobiles.

Ton Zengerink, co-founder and CEO of Transfer said, "In today's electronic design market it is imperative that all parties-including marketing, planning, design, engineering, procurement and manufacturing-collaborate in real-time to achieve time-to-market and quality schedules. With the MatrixOne solutions we can help our customers in achieving these schedules and giving them competitive value in their market. In addition, our relationship will help MatrixOne to penetrate the high-tech/electronics industry in the Benelux region more efficiently through establishing a local expertise with Transfer."

About Transfer Nederland
Transfer is a young, fast growing and professional organization and market leader in Benelux in the area of Electronic Design Automation, specializing in delivering complete solutions for the design of electronics. Transfer has been operating in the EDA market for over 15 years. Its business is a combination of offering the best available EDA tooling from renowned EDA tool vendors, offering pre and after sales support, consulting services in a broad range of EDA issues and offering training in EDA processes as well as tool oriented training services. Transfer's customers are large and medium players in the European electronics industry. Transfer (http://www.transfer.nl) is headquartered in Markelo, the Netherlands.

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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