| Westford, Mass. – June 15, 2004
– MatrixOne, Inc. (NASDAQ: MONE), a leading
provider of collaborative product lifecycle management
(PLM) solutions for the value chain™, today announced
that the PSA Peugeot Citroën Group is implementing
MatrixOne's Matrix10™ product to help the company
develop and bring to market original and innovative
automobiles in rapid succession, in order to satisfy
demanding customers with wide-ranging requirements.
The PSA Peugeot Citroën Group will use MatrixOne Team
Central™, one of the Matrix10 Business Process applications,
as a key collaboration solution for its global network
of partners.
The PSA Peugeot Citroën Group will use MatrixOne
Team Central to enable their geographically-dispersed
design teams to collaborate in virtual workspaces
with its network of partners, in order to share and
federate key product and part information. This is
providing the PSA Peugeot Citroën Group with the ability
to streamline product development cycles through improved
overall collaboration - improving information reliability
and reducing development time.
According to Annick Gentès-Kruch, B2B Director,
PSA Peugeot Citroën, "To meet objectives of internal
growth and cost control, it is essential for the Group
to cooperate more closely, with its partners, particularly
in the area of product development. Our use of MatrixOne
Team Central improves the quality of the information
shared within an extended enterprise project team
and brings a better efficiency in development cycles."
"PSA Peugeot Citroën is one of the world's most
successful and innovative automotive companies," said
Mike Segal, senior vice president of customer success
at MatrixOne. "Bringing new cars to an increasingly
competitive market is a complex process requiring
instant collaboration and secure communication with
a global value chain for the extended enterprise.
With MatrixOne, PSA Peugeot Citroën can dramatically
improve its business results through the power of
the Internet by enabling its entire value chain to
work together to more quickly and cost-effectively
accelerate the right products to market." estor.
About PSA Peugeot Citroën
PSA Peugeot Citroën is the second largest automobile
manufacturer in Europe with 15.4% of the market in
2003 (individual cars and light utility vehicles).
The PSA Group, known for its two general brands, Peugeot
and Citroën, has a rich automobile and industrial
past. The company's three main objectives include
the following: useful innovation focused on the environment,
comfort and security; sales growth supported by increased
international development (an estimated 4 million
vehicles to be sold by 2006); profitable expansion
enabling the Group to auto-finance its investments
and remain independent.
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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