Integware and MatrixOne Enter into Business Alliance to Deliver Product Compliance Solutions to the Medical Device Industry
The alliance will enable small to medium-sized businesses to take advantage of PLM to significantly reduce the time-to-market for medical devices and ease FDA compliance efforts.
Fort Collins, CO, March 29th, 2006-Integware, a leading provider of PLM consulting and implementation services, today announced that it has entered into a reseller agreement with MatrixOne, a leading provider of collaborative product lifecycle management (PLM) solutions for the value chain™. Under the agreement, Integware will deliver rapidly implemented FDA compliance and process automation solutions together with the Matrix PLM Platform™ to small to medium-sized medical device companies.
Medical device companies that still rely upon paper-based systems to meet FDA requirements put themselves at risk of being out of compliance with 21 CFR part 820 and operate at a competitive disadvantage due to the extra time and effort required to bring their products to market. PLM solutions provide an electronic workflow that streamlines quality assurance and compliance, while helping to improve profitability through improved business process and faster time-to-market.“ This alliance will enable our clients to draw upon the strengths of both companies,” said Chris Kay, CEO of Integware. “Our medical device domain expertise combined with the Matrix PLM Platform™ will create a powerful tool for medical device businesses that need to reduce their time-to-market while taking advantage of the streamlined compliance and approval processes that PLM solutions enable.”
As a part of the reseller agreement, Integware will focus on providing FDA compliance and product lifecycle automation solutions using the Matrix PLM Platform™. Integware’s FastTrak Med Device™ is a single comprehensive suite of solutions that enable small to medium-sized medical device companies to achieve compliance throughout their product lifecycle, drastically reduce product development costs and deliver products to market quicker than their competition.
About Integware, Inc.
Integware, Inc. designs, develops, deploys and sustains enterprise PLM solutions to help customers build their products better, faster and more profitably. With a 14-year track record of delivering successful production PLM and PDM deployments worldwide, Integware offers our clients a unique and proven methodology that delivers quantitative business results from the deployment of technology solutions. Integware’s success with Fortune 1000 companies derives from our successful blend of consulting skills from three critical business disciplines: Business Excellence, Product Processes and Software Engineering. More information is available at www.integware.com.
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 850 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.
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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,” The MatrixOne Semiconductor Accelerator for Enterprise Project Management, The MatrixOne Semiconductor Accelerator for Design-to-Manufacturing, The MatrixOne Accelerator for Apparel Design & Development and The MatrixOne Accelerator for FDA Compliance 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, and 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.