MatrixOne Expands Asia-Pacific Headquarters; MatrixOne to Provide Product Collaboration...

Business/Technology Editors

CHELMSFORD, Mass.--(BUSINESS WIRE)--March 30, 2001

MatrixOne, Inc. (Nasdaq:MONE), the first in Intelligent Collaborative Commerce(TM), today announced the opening of its Asia-Pacific headquarters in Singapore. Andy Kalambi, vice president and managing

"The expansion of MatrixOne in the Asia-Pacific market is vital to evolving our business strategies and increasing our worldwide presence," stated Kalambi. "We have established this strategic location for delivering our product collaboration solutions, which are enabling businesses to benefit from consistency in enterprise-wide practices and communications. This streamlined collaboration strengthens the relationships businesses have with their customers and suppliers."

MatrixOne's current representation in the Asia-Pacific arena includes six distributors in Korea, China, India, Australia and Taiwan and a number of leading systems integrators. The growth of MatrixOne in this region is strong with dozens of companies already using the eMatrix(TM) solution.

"Our commitment to the Asia-Pacific market is evidenced by our success in Japan, where MatrixOne is the leading collaborative commerce vendor with more than 60 companies benefiting from eMatrix," confirmed Mark O'Connell, president and CEO. "Because the Asia-Pacific market is of vital strategic importance to many of our global customers, we are aggressively investing capital and human resources to strengthen our regional presence and support them more effectively."

Mr. Chua Taik Him, director (engineering), Singapore Economic Development Board, added, "Attracting and encouraging innovative and emerging companies like MatrixOne to site their Asia-Pacific headquarters in Singapore is part of EDB's intent. MatrixOne's innovative software will add to the large existing base of knowledge-based capabilities in manufacturing and product R&D in Singapore as well as empower corporations to utilize Singapore as a hub for regional collaboration with their subsidiaries and partners."

About MatrixOne, Inc.

MatrixOne, Inc. (NASDAQ: MONE) is the first in Intelligent Collaborative Commerce. The Company's Internet software products provide an infrastructure for establishing business-to-business collaboration among trusted customers, suppliers and other business partners, while also enabling secure access to independent trading communities and applications within private and public Net markets. The eMatrix platform and Value Chain Portfolio(TM) applications use the Internet to link people, processes and information to enable dramatic improvements in profitability and efficiency throughout the value chain.

MatrixOne has global customers in the high technology, aerospace/defense, automotive, communications, consumer, mechanical, machinery, medical equipment and process industries, including General Electric, John Deere, Procter & Gamble, Nokia, Toshiba, Philips, Siemens, Alcatel, JDS Uniphase and Honda. These companies are using MatrixOne solutions to enhance their competitive advantage in the burgeoning business-to-business economy

Headquartered in Chelmsford, Massachusetts, MatrixOne (www.matrixone.com) maintains offices in North America, Europe and Asia.

eMatrix, Value Chain Portfolio and Intelligent Collaborative Commerce are trademarks of MatrixOne.

Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995 - Forward-looking statements in this release are not promises or guarantees and are subject to risks and uncertainties that could cause our actual results to differ materially from those anticipated. We caution you not to place undue reliance upon any such forward-looking statements, which speak only as of the date made. Such statements may relate, among other things, to our plans, objectives and expected financial and operating results. Forward-looking statements will also include, without limitation, any statement relating to future events, conditions or circumstances or using words such as: will, believe, anticipate, expect, could, may, estimate, project, plan, predict, or intend. The risks and uncertainties that may affect forward-looking statements include, among others: the market may not accept our products; our sales cycle is lengthy and variable; we may be unable to develop new products and services that keep pace with technology; we may be unable to develop and maintain successful relationships with systems integrators and complementary technology vendors, our international operations are subject to greater business risks than our domestic operations, future acquisitions may adversely affect our operations and financial results, we may be unable to manage our rapid growth which places a significant strain on our resources, and increased competition may have an adverse effect on pricing, revenues, gross margins and our customer base. For a more detailed discussion of the risks and uncertainties of our business, please refer to our periodic reports and registration statements filed with the Securities and Exchange Commission, including our Annual Report on Form 10-K for the fiscal year ended July 1, 2000.