MatrixOne to Host Seminar on Managing ELV Compliance; Executives from Tetra Tech and MatrixOne Will Discuss New Compliance Issu
March 23 2006 - 8:30AM
Business Wire
MatrixOne, Inc. (NASDAQ: MONE), a leading provider of collaborative
product lifecycle management (PLM) solutions for the value
chain(TM), today announced that it will be hosting a free half-day
seminar focused on the product development and regulatory
compliance issues affecting automotive companies. The event will
take place in Detroit on Wednesday, March 29 from 8:30 a.m. - 12:00
p.m. Whether it's the End of Life Vehicles (ELV) Directive, IMDS,
or OEM specific reporting requirements, materials and chemical
substance compliance can be a daunting task. Many automotive
companies today are struggling to manually collect, manage, track
and analyze high volumes of technically detailed and complex
information. Not only is this extremely time-consuming, but it's
highly error-prone. The price of non-compliance can be severe,
resulting in lost sales revenues, product launch delays, product
recalls, increased warranty costs and even the potential for
recovery of fines imposed upon the OEMs. Speakers from Tetra Tech
and MatrixOne will discuss the latest issues with the ELV
Directive, IMDS reporting, and how to effectively manage business
processes to meet with compliance in the automotive industry.
Topics on the event agenda include: -- What's changed with the ELV
Directive and the Annex II Exemptions -- How IMDS 3.2 (released on
March 1, 2006) and changes coming with IMDS 4.0 (due to be released
in May 2006) affect your company -- PPAP & IMDS reporting - a
new matched pair -- Getting supplier data easily into IMDS to avoid
risk of rejected parts -- Connecting global suppliers, partners and
customers in order to work together to more effectively speed new
products to market -- Managing all product-related information and
facilitating collaboration throughout every stage of the product
lifecycle -- Collecting, aggregating, analyzing and reporting
material and substance data throughout product development --
Implementing a design for compliance approach where verifying
material data against GADSL and OEM specific requirements is
integrated into every phase of the process, rather than merely
checked at the end To register, please visit:
http://matrixone.ed4.net/profile/65/signup.cfm?L=5765379. About
MatrixOne, Inc. MatrixOne, Inc. (NASDAQ: MONE), 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, New
Balance, 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.
On March 1, 2006, Dassault Systemes entered into a definitive
agreement to acquire MatrixOne, Inc., subject to customary closing
conditions. 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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