MatrixOne Hosts Innovation Summit in Singapore

Key Industry Event Brings Together 200 Executives from Leading Companies to Discuss Product Lifecycle Management (PLM) Strategies and Initiatives to Drive Revenue and Growth
Westford, Mass. – August 12, 2004 –  MatrixOne, Inc. (NASDAQ: MONE), a leading provider of collaborative product lifecycle management (PLM) solutions for the value chain™, today announced the opening of its inaugural Innovation Summit 2004. The event, held on Singapore's Sentosa Island, is bringing together an exclusive list of 200 top regional executives from 70 companies spread over nine countries to discuss how some of the world's most innovative companies are transforming their product development processes to improve productivity, enable new business models, drive down costs and gain a return on innovation.

Innovation and PLM execution are the themes behind the Innovation Summit, as many of MatrixOne's customers from around the Asia Pacific region, including Toshiba, BEA, Boeing, Venture and Alcatel Shanghai Bell are sharing their strategies and experiences with each other. Attendees will discuss how they are improving productivity and accelerating getting products to market by enabling simplified product development processes across all of their business functions and with customers, partners and suppliers, using PLM solutions from MatrixOne. Among the guest speakers, Marc Halpern, Research Director at the Gartner Group, will discuss the worldwide market for product lifecycle management and how PLM is a competitive necessity for global manufacturing.

The conference is designed to inspire discussion and collaboration among senior executives from leading global companies about how to fundamentally transform the way that new innovations can be driven to become profitable, market leading products.

"As more and more companies focus on improving the way they innovate and bring products to market, they are turning to PLM solutions as a means to innovate quickly and boost revenue growth and bottom line profitability," said Andy Kalambi, vice president and managing director of MatrixOne, Asia Pacific. "We feel that it is our responsibility to be a catalyst for thought leadership with our customers and key partners in the PLM arena and we are proud to be hosting the first and largest event focused around the key issues facing today's business leaders."

Go to http://www.matrixone.com/summit// for more information

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 (www.matrixone.com) is headquartered in Westford, Massachusetts with locations throughout North America, Europe, and Asia/Pacific.





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