Satyam and MatrixOne Establish Alliance to Implement eMatrix Business Collaboration Products and Solutions

Alliance Meets Increasing Demand for Global Collaborative Product Commerce.

Hyderabad,  June 6, 2001:  Satyam Computer Services Ltd. (NYSE:SAY), today announced an alliance with the US-based MatrixOne, Inc. (NASDAQ:MONE ), the first in Intelligent Collaborative Commerce. Under the scope of the alliance Satyam will offer Collaborative Product Commerce (CPC) solutions that combine the MatrixOne® Value Chain Portfolio of applications and the eMatrix net market platform with Satyam's strategic consulting and solution implementation services.

``At Satyam, we are seeing a growing demand for CPC solutions, particularly MatrixOne-based solutions, in our existing as well as our prospective customer base.

Partnering with MatrixOne is a key strategy of our CPC practice. We expect to create value for our customers in reducing product cost, time-to-market and improved quality through optimized business processes associated with the product lifecycle,'' said F.S. Mohan Eddy, Senior Vice President and head of collaborative enterprise solutions for Satyam Computer Services.

MatrixOne's 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 applications use the Internet to link people, processes and information to enable dramatic improvements in profitability and efficiency throughout the value chain. eMatrix facilitates collaboration among geographically dispersed departments and divisions within an enterprise and among the enterprise's customers, suppliers and other business partners to link customers, design chain partners and employees to their product development processes. The end result is optimized concept development, requirements management, product design, change management, test management, process design, technical publication development and program management.

``Having an alliance with Satyam expands our ability to implement eMatrix in multinational clients,'' stated Alberto Costales, vice president of alliances for MatrixOne. ``Satyam's expertise in delivering strategic consulting, business process analysis and redesign, CPC solution architecting, CPC system implementation and Enterprise Application Integration services worldwide is a key reason why we are glad to include them as a MatrixOne partner.''

About Satyam Computer Services Ltd.
Satyam Computer Services, a SEI-CMM Level 5 company, offers a range of expertise in the area of Information Technology: Software Development Services, Systems Integration, ERP Solutions, CRM, Supply Chain Management, Product Development, CAD/CAM/CAE, Internet access and hosting services, Electronic Commerce and Consulting. Satyam has over 9,500 IT professionals who operate out of its state-of-the-art software development centers located in India, the USA, Japan, Singapore and the UK. These centers work as an extended enterprise (IT partner) for over 300 Fortune 500 and multinational clients worldwide. More details of Satyam are available at www.satyam.com

About MatrixOne
MatrixOne, Inc. (NASDAQ:MONE - news) 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 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, 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.

Reachout's News Bureau
-June '2001

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