Matrixone (NASDAQ:MONEE)
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With medical devices facing new regulation requirements
from the FDA's 21 CFR Part 11 and Part 820 mandates, MatrixOne, Inc.
(NASDAQ: MONEE), a leading provider of collaborative product lifecycle
management (PLM) solutions for the value chain(TM), today announced
that it will present a webcast on how managing product information
electronically can significantly ease compliance efforts. Possis
Medical, a manufacturer of advanced medical devices for the large and
growing cardiovascular and vascular treatment market, will co-present
on how the company leverages MatrixOne's integrated PLM FDA compliance
solution in its business processes.
Companies currently using paper-based systems to meet FDA
requirements are putting themselves at risk and a competitive
disadvantage. The electronic workflow provided by PLM can streamline
quality assurance and compliance, while helping to improve
profitability through faster time-to-market.
"MatrixOne PLM provides immediate access to information, improves
productivity throughout the product development process, captures data
necessary for regulatory compliance, facilitates multidisciplinary
collaboration and captures critical corporate knowledge," said Tim
Anderson, director of engineering for Possis Medical. "The technology
is a big step for us in our corporate strategy for growing our
business in the years to come and introducing innovative life-saving
products."
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What: Free webcast entitled "Managing Regulatory Compliance
Throughout Product Development"
When: Wednesday, November 16, 2005 at 1:00 pm ET
Who: Barry Foster, product director, MatrixOne; George Schmidt,
senior PLM business consultant, MatrixOne; Rob Oveson, manager,
documentation systems configuration, Possis Medical;
Tim Anderson, director of engineering, Possis Medical
Where: For additional information on this event or to register, please
visit http://www.matrixone.com/plmlive/live.html
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About MatrixOne
MatrixOne, Inc. (NASDAQ: MONEE), 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 800
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, 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.
MatrixOne and the MatrixOne logo are registered trademarks and "a
leading provider of collaborative product lifecycle management (PLM)
solutions for the value chain" is a trademark 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, 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.