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Business Alliance will Enable Small to Medium-Sized Businesses to
Take Advantage of PLM to Significantly Ease FDA Regulation Compliance
Efforts
MatrixOne, Inc. (NASDAQ: MONE), a leading provider of
collaborative product lifecycle management (PLM) solutions for the
value chain(TM), today announced that it has entered into a reseller
agreement with IntegWare, Inc., a company that designs, develops,
deploys and sustains enterprise PLM solutions to help customers build
their products better, faster and more profitably. Under the
agreement, IntegWare will strive to deliver rapidly implementable FDA
compliance and process automation solutions to the medical device
industry.
Companies currently using paper-based systems to meet FDA
requirements are putting themselves at risk and are operating at a
competitive disadvantage due to the extra time and effort needed to
secure compliance. The electronic workflow provided by PLM solutions
can streamline quality assurance and compliance, while helping to
improve profitability through improved business process and faster
time-to-market.
"This alliance will enable our clients to draw upon the strengths
of both companies," said Chris Kay, CEO of IntegWare. "Our medical
device domain expertise and MatrixOne's FDA compliance solution will
create a powerful tool for medical device businesses that have not yet
been taking advantage of the streamlined regulation compliance and
approval processes that PLM solutions enable."
As a part of the reseller agreement, the two companies will focus
on providing FDA compliance and process automation solutions using the
MatrixOne Accelerator for FDA Compliance(TM). The Accelerator for FDA
Compliance is a single comprehensive solution designed to enable
medical device manufacturers achieve compliance throughout their
product lifecycle processes, drastically reducing product development
costs and delivering products to market quicker than the competition.
"IntegWare's expertise in the product development market paired
with our industry-leading PLM platform will give small-to-medium sized
businesses an "out-of-the-box" solution that can be rapidly
implemented and quickly transform the way they secure FDA compliance,"
said Mayur Shah, vice president of business development, alliances &
industries for MatrixOne. "This alliance will enable a wider-range of
companies to take advantage of improved product development and
compliance process efficiencies. We're happy to be furthering our
partnership with IntegWare."
IntegWare's domain expertise in product development and
manufacturing and extensive experience with assessing and optimizing
the product development process (PDP) allows the company to bring
unique value to clients across all phases of a PDP improvement
project. From initial needs assessment and PLM strategy definition
through solution development, validation, deployment and support,
IntegWare's holistic approach and focus on each client's key business
drivers ensures a direct and positive impact to the bottom line,
especially for those clients in global or highly regulated markets.
MatrixOne's Accelerators program packages specific vertical market
expertise with MatrixOne technology to deliver industry-specific,
rapidly implemented PLM offerings that can solve focused product
lifecycle management challenges inherent to specific industries. The
Accelerators enable companies to meet their unique product development
challenges by providing users with industry-specific terminology, data
models, work processes, reports, role-based user interfaces and
document management capabilities. In addition to the medical device
industry, MatrixOne offers Accelerators aimed at the electronics
industry (MatrixOne Semiconductor Accelerator for Enterprise Project
Management(TM) and the MatrixOne Semiconductor Accelerator for
Design-to-Manufacturing(TM)) and the apparel industry (MatrixOne
Accelerator for Apparel Design & Development(TM)).
About IntegWare, Inc.
IntegWare, Inc. designs, develops, deploys and sustains enterprise
PLM solutions to help customers build their products better, faster
and more profitably. With a 14-year track record of delivering
successful production PLM and PDM deployments worldwide, IntegWare
offers our clients a unique and proven methodology that delivers
quantitative business results (CTQs) from the deployment of technology
solutions. IntegWare's success with Fortune 1000 companies is due to
the blend of consulting skills from three critical business
disciplines: Business Analysis, Engineering Process and Computer
Science. More information is available at www.integware.com.
About MatrixOne, Inc.
MatrixOne, Inc. (NASDAQ: MONE), a leading global provider of
collaborative product lifecycle management (PLM) software and
services, enables companies to accelerate product innovation to
achieve top line revenue growth and improve bottom line profitability.
With world-class PLM solutions and a commitment to customer success,
MatrixOne is focused on helping companies across the automotive,
aerospace & defense, consumer, machinery, medical device,
semiconductor and high-tech industries solve their most challenging
new product development and introduction problems. More than 850
companies use MatrixOne's solutions to drive business value and gain a
competitive advantage, including industry leaders such as BAE Systems,
Bosch, Comau, General Electric, Honda, Johnson Controls, Linde AG,
NCR, New Balance, Nokia, Philips, Porsche, Procter & Gamble, Sony
Ericsson, STMicroelectronics and Toshiba. MatrixOne
(www.matrixone.com) is headquartered in Westford, Massachusetts, with
locations throughout North America, Europe and Asia-Pacific. On March
1, 2006, Dassault Systemes entered into a definitive agreement to
acquire MatrixOne, Inc., subject to customary closing conditions.
MatrixOne and the MatrixOne logo are registered trademarks and "a
leading provider of collaborative product lifecycle management (PLM)
solutions for the value chain," The MatrixOne Semiconductor
Accelerator for Enterprise Project Management, The MatrixOne
Semiconductor Accelerator for Design-to-Manufacturing, The MatrixOne
Accelerator for Apparel Design & Development and The MatrixOne
Accelerator for FDA Compliance are trademarks of MatrixOne, Inc. All
other trademarks and service marks are the property of their
respective owners.
Forward-looking statements in this release are subject to risks
and uncertainties that could cause our actual results to differ
materially from those anticipated. Such statements may relate, among
other things, to our plans, objectives and expected financial and
operating results. The risks and uncertainties that may affect
forward-looking statements include, among others: poor product sales,
long sales cycles, difficulty developing new products, and difficulty
in relationships with vendors and partners, higher risk in
international operations, difficulty assimilating future acquisitions,
difficulty managing rapid growth, and increased competition. For more
about the risks and uncertainties of our business, see our periodic
and other S.E.C. filings.