Westford, Mass. - June 3, 2003 - MatrixOne, Inc. (NASDAQ: MONE), a leading provider of collaborative product lifecycle management (PLM) solutions for the value chain, today announced that the Worldwide Agricultural Equipment Division of Deere & Company (NYSE: DE) has furthered its commitment to MatrixOne with an investment in MatrixOne applications.
MatrixOne applications create a single product design environment that can be accessed by multiple engineering groups and partners located anywhere in the world to collaborate on the same product at the same time.
John Deere, a long-time MatrixOne customer, will benefit from the out-of-the-box business processes in MatrixOne Engineering Central, MatrixOne Sourcing Central and MatrixOne Supplier Central, which enable accelerated deployment to Deere's worldwide locations and tighter collaboration between the company's design organizations, manufacturing locations, partners and suppliers.
"John Deere is renowned in the industry for technical innovation and product quality," said Mike Segal, senior vice president of customer success for MatrixOne. "The agricultural equipment division at John Deere has proved to be a valuable partner to MatrixOne over the years with MatrixOne's development of MatrixOne Supplier Central. The flexibility of our solutions enables companies such as John Deere to expand its investment as its needs grow and change."