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Automotive Industrial Automation Leader Comau Selects MatrixOne to Speed Product Development, Improve Global Information Sharing
MatrixOne PLM Environment Will Be Adopted in Comau Pico USA
Westford, Mass., - January 18, 2005 -
MatrixOne, Inc. (NASDAQ: MONE), a leading provider of collaborative product lifecycle management (PLM) solutions for the value chain , today announced that Comau Pico, a global supplier of industrial automation systems for the automotive manufacturing sector, has selected the MatrixOne PLM environment as a solution for its PLM system. The expansion of its existing relationship with MatrixOne allows Comau Pico to build upon previous efforts to improve the collection and flow of data throughout its organization in bringing new automation products to market.
Comau Pico is a company of the Comau Group, the largest automotive production system
supplier in the world. As the company has grown over the past 50 years, so too has the amount of product data needing to be categorized, managed and stored for future use. The Comau Group has adopted MatrixOne's PLM environment as a means toward a standardized, global solution for technical data management. Comau Pico's decision follows in line with the strategy laid out by Comau.
"With the increase in product and design information that we have to manage on a daily basis, it became clear that we need a tool that will facilitate the global sharing and management of technical information," said David Wang, director of information technology for Comau Pico. "In order for our business to continue to run at a high rate of efficiency and to continue producing error-free products and services for our clients, we needed a new infrastructure that could allow us to more easily and effectively share design information, and that would give us the option for future expansion. MatrixOne's PLM environment was able to offer us a way to solve these issues and to improve upon our existing processes."
Comau Pico's adoption of MatrixOne's PLM solution comes after several successful implementation of MatrixOne in other business units of the Comau Group. Several of the Comau Group's Italy-based business units, including Powertrain, Body Welding & Assembly, and Robotics, are already taking advantage of a Web-based PLM solution, enabling their remote subsidiaries access to the common, centralized technical data repository. Moreover, MatrixOne's PLM environment has assisted the organization in streamlining and improving its development abilities.
"Comau Group's companies and business units have long been recognized as leaders in automotive manufacturing solutions," added Mark F. O'Connell, president and CEO, MatrixOne. "MatrixOne's PLM solutions will enable Comau to effectively manage its ever-increasing volumes of product and design data-and to have it all located in one central, easy-to-access and easy-to-update system. The cost savings and improved efficiencies will help Comau continue to be at the top of their market for years to come."
About Comau Pico
Comau Pico is the innovative leader in industrial automation. As a member of the Comau Group, the company is part of the largest automotive production system supplier in the world. With over 50 years of experience in automated assembly tooling, Comau Pico offers an unparalleled range of products and services to the North American market. Using the latest technology, the company delivers complete turnkey systems that meet and exceed the design and manufacturing needs of its customers. More information about Comau Pico is available at http://www.comaupico.com.
About Comau Group
Comau Group is a global supplier of industrial automation systems for the automotive manufacturing sector and a global provider of full maintenance services.
Over the years, by acquiring and integrating other companies, Comau Group broadened its presence all over the world, becoming the ideal partner for the automotive industry in developing manufacturing systems, product and process projects. More information about Comau is available at http://www.comau.com
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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MatrixOne and the MatrixOne logo are registered trademarks and "a leading provider of collaborative product lifecycle management (PLM) solutions for the value chain" 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, 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.
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