Testing the Press Doc

MatrixOne Launches Supplier Relationship Management Application Suite

Customer-Proven Collaborative Applications Provide Foundation to Enable Enterprises to Tightly Engage Suppliers in Strategic Sourcing, Supplier Development, and Quality Management Processes

Westford, Mass. — May 30, 2002 — MatrixOne, Inc. (NASDAQ: MONE), the leading provider of product collaboration solutions for the value chain, today unveiled an application suite delivering on the company’s Supplier Relationship Management (SRM) strategy. The MatrixOne SRM solution adds one new application – MatrixOne Sourcing Central™, for strategic sourcing, negotiation, and quote management – to MatrixOne’s Value Chain Portfolio^™, while significantly enhancing two existing applications – MatrixOne Supplier Central^™ and MatrixOne Team Central^™ – to support the
SRM initiative.

With these new SRM solutions customers can expect:

Lower sourcing costs that add directly to the bottom-line and increase
profit margins;
Reduced sourcing and product cycle times, thereby improving time-to-market and providing a competitive edge; and
Increased supplier involvement improving both product innovation
and quality.

In order to maximize supplier relationships in the innovation phase of a product’s lifecycle, an SRM solution must support strategic sourcing and negotiation, contract management, decision support and analysis, supplier development and analytics, spend analysis and design collaboration workspaces. MatrixOne’s Value Chain Portfolio applications, based on the strength of the flexible core collaboration platform eMatrix^™, support all of these elements.

MatrixOne Sourcing Central provides:

E-sourcing and negotiation capabilities with RFQ templates, line-item and attribute management, and change control capabilities
Association of line items to part/BOM attribute information in eMatrix or via integration to other BOM management systems
Negotiation capabilities with multiple RFQ round management and tracking of historical data.
Decision support, currency conversion and dashboards.
Management of standard contract terms and conditions and association with quality plans and templates

"MatrixOne's Sourcing Central, marketed by Covisint as Quote Manager,
is perfectly aligned with the needs of Covisint’s customers to enable strategic sourcing," said Bob Matulka, Quote Management lead, Covisint. "Our customers will benefit greatly by being able to make profitable decisions in the design and sourcing of direct materials and engineered goods. With the addition of these applications further extending the MatrixOne Value Chain Portfolio, we are able to provide an even more flexible solution to meet our specific customer needs."

MatrixOne Supplier Central has been enhanced to provide:

Supplier qualification, development and certification to allow organizations to select and qualify their strategic suppliers
Supplier scorecards that allow a customer to monitor performance of strategic suppliers and make better sourcing decisions
Product quality plans allowing companies to collaborate with suppliers improving product quality.

New features to MatrixOne Team Central include:

Enhanced collaborative services for organizing and providing secure access to content and documents in a virtual workspace
View and markup of 2D/3D data and other online conference capabilities
Review and approval workflow mechanisms, and other enhancements to enable designers, engineers, buyers, and suppliers to collaborate early in the product lifecycle.

"MatrixOne’s collaboration platform allows us to rapidly develop and launch solutions such as our new Supplier Relationship Management suite. The SRM solution enables all members – such as engineers, buyers and suppliers throughout a value chain – to collaborate early in the innovation phase of the product lifecycle to reduce costs improve product quality and time to market," said Sam Zawaideh, vice president of product and solutions for MatrixOne.

For an overview on MatrixOne’s SRM strategy, please read today’s associated press release, "MatrixOne Extends Product Collaboration Capabilities Into Supplier Relationship Management."

For more information on the products, visit http://www.matrixone.com/products/srm.html

About MatrixOne
MatrixOne, Inc. is changing the way the world brings products to market^™. The Company’s eMatrix^™product collaboration platform and out-of-the-box Value Chain Portfolio^™ applications enable online collaboration across global value chains and secure access to independent trading communities in private and public marketplaces. A trusted partner to innovative companies, MatrixOne helps customers accelerate the right products to market. MatrixOne’s approximately 600 global customers represent the aerospace/defense, apparel, automotive, consumer packaged goods, general machinery, high-technology, and medical equipment industries, including GE, Procter & Gamble, Nokia, Siemens, JDS Uniphase, and Honda. Headquartered in Westford, Massachusetts, MatrixOne (www.matrixone.com) also maintains offices in North America, Europe, and Asia, with additional distributors in Latin America and Australia.

MatrixOne and Adaplet are registered trademarks, and eMatrix, Changing the Way the World Brings Products to Market, Product Collaboration Solutions for the Value Chain, and Value Chain Portfolio are trademarks of MatrixOne, Inc. All other trademarks and service marks are the property of their respective owners.

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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.