| Westford, Mass. – September 15, 2004
– MatrixOne, Inc. (NASDAQ: MONE), a leading
provider of collaborative product lifecycle management
(PLM) solutions for the value chain™, has announced that
Xaar, a leading inkjet solutions provider and printhead
manufacturer, has selected MatrixOne PLM solutions to
accelerate product development and time-to-market by better
managing time and resources among engineers, external
suppliers, key development partners and customers.
The MatrixOne PLM environment will initially be rolled-out
to Xaar's engineering teams in the UK and Sweden. The
implementation was based on a Board-level decision to
develop products on a secure, collaborative platform and
provide an enhanced service to Xaar's blue-chip customers,
including Agfa.
Xaar expects to deploy the system within four months,
and realize a return on investment within nine months.
As part of a competitive selection process, Xaar selected
MatrixOne over several other leading PLM vendors.
"Given the large volume of design files generated by
our engineers as a result of our rapidly increasing product
portfolio, it is imperative that they have the tools they
need to manage information effectively," said Rob Welford,
Director of Engineering at Xaar, who championed the adoption
of MatrixOne's PLM solution. "With MatrixOne's PLM process
in place, Xaar's engineers, key development partners and
worldwide sales engineers can now track and maintain any
number of design revisions and reduce the time it takes
to communicate changes from one week to a minute - allowing
them to focus on design and not design management."
"The deployment was prompted by the results of a time-recording
study undertaken by engineering staff at both our Cambridge
and Sweden offices," said Welford. "This provided us with
a detailed insight into the daily workings of our engineers
and identified the opportunities to streamline the amount
of time and resources dedicated to each task."
"PLM has the power to change the way a company works,"
said Andy Kofoid, vice president of EMEA for MatrixOne.
"With MatrixOne's technology, Xaar can implement the necessary
process changes to streamline production and design, yielding
immediate results in terms of cost-savings and productivity."
About Xaar
Xaar plc is a market-leading inkjet technology company.
It targets the world's industrial, commercial and office-printing
markets. The industrial and commercial printing markets
are targeted by Xaar's own range of inkjet products in
conjunction with partners and other key players in those
markets; the office printing market is approached through
Xaar's strong list of licensees. Vivid Print Innovations
Inc., the applications division of Xaar, provides Xaar's
in-house specialist integration service. Additional information
about Xaar is available at
www.xaar.co.uk.
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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