Nokia Standardizes on MatrixOne

Will use product lifecycle management software as its product data management platform

Will use product lifecycle management software as its product data management

Westford, MA — August 13, 2003 — MatrixOne Inc., a provider of collaborative product lifecycle management (PLM) solutions for the value chain, today announced that Nokia, a world leader in mobile communications, has decided to use MatrixOne's PLM Solution as a Nokia-wide product data management (PDM) platform to fulfill product development and manufacturing requirements.

Previously relying on several applications from multiple vendors for their PDM needs, the company said it is standardizing on the MatrixOne solution due to its flexibility, scalability and security.

By using MatrixOne's PLM solution across all worldwide business segments, Nokia said it is able to more quickly respond to changing product requirements and new categories associated with the dynamic mobile communications market. Specifically, the use of the new offerings are allowing Nokia's product development and collaborative manufacturing efforts to respond to demands for new functionality and unique requirements within their products.

Olli Junnila, director, PDM Solution at Nokia, said, "Because our product development efforts often involve partners who are also working with our competition, we needed a platform that can scale to support global usage and is secure enough to enable collaboration with external partners without jeopardizing our competitive advantage. The PLM offerings allow us reach our current and future goals, which is why we selected them as the Nokia PDM platform provider."