Connexion by Boeing Improves Product Lifecycle Management Capabilities through Work with Verity and MatrixOne

Technology Alliance Among MatrixOne, Verity and the vdR Group Delivers PLM Functionality with Advanced Search and Classification Capabilities

SUNNYVALE and ORANGE, Calif., and WESTFORD, Mass. - 2004-03-22 - Verity Inc. (NASDAQ: VRTY) and MatrixOne Inc. (NASDAQ: MONE), today announced a strategic technology alliance to provide integration of Verity® K2 Enterprise (K2E) advanced search and classification technologies with MatrixOne's Product Lifecycle Management (PLM) solutions.

Verity and MatrixOne have joined forces with the vdR Group, a long time MatrixOne partner in software development and systems integration, to deploy the new PLM offering into a successful production environment at Connexion by Boeing, a mobile Internet service provider and business unit of Boeing (NYSE: BA).

Connexion by Boeing provides in-flight broadband connectivity services for private and executive aircraft and to several of the world's major airlines. The MatrixOne solution is being used to manage the product development through support life cycle for the systems associated with its global service that allows travelers to connect to the Internet while airborne.

By adding Verity's search and classification capabilities to MatrixOne's PLM solutions, MatrixOne customers will be able to quickly and easily search, browse and retrieve any content within their MatrixOne application, resulting in improved product lifecycle collaboration, faster product change management and shorter time to market.

"The ability to use the Verity K2E intellectual capital management capabilities to quickly search and retrieve accurate information about the systems and components that comprise our high-speed communications service infrastructure enhances our ability to deliver a quality end-user experience, while helping to ensure we meet key customer delivery deadlines," said Connexion by Boeing configuration data management manager Ron Gentry. "We are pleased to have that capability and to have Verity and MatrixOne as valued members of our Connexion by Boeing team."

The K2E/MatrixOne Integration was developed by the vdR Group and utilizes the best practices from MatrixOne's PLM solutions and Verity K2E. The integration adheres to both MatrixOne and Verity development standards and operates on standard enterprise operating systems.

"The vdR Group chose to partner with Verity on this integration because both MatrixOne and Verity address the enterprise market with robust, scalable offerings," said Martin van der Roest, vdR's president. "We expect this solution to not only enhance the usability and adoption of MatrixOne, but to also help manufacturing organizations improve parts reuse and reduce related downstream costs associated with supplier and inventory management."

According to Anthony J. Bettencourt, Verity's president and chief executive officer, "With the Verity K2E/MatrixOne integration, Verity, MatrixOne and vdR have delivered a solution that can significantly enhance the PLM efforts of all types of product developers, manufacturers and service providers."

"Our alliance with Verity and the vdR Group is powerful, as it will help customers accelerate and achieve faster ROI and will improve the adoption rates of PLM across enterprises and their value chains," said Sam Zawaideh, MatrixOne's vice president, products and solutions. "By adding the enhanced search and classification capabilities to our solutions, customers now have a best of breed solution for managing their product-related intellectual capital which can translate into improved business results across their organizations and value chains."

Integration Highlights and Availability

The Verity K2E/MatrixOne integration offers the finest technology for securely searching both business objects and file attachments within a MatrixOne environment. Verity K2E's real-time indexing capability enables users to search and retrieve this information as soon as it is created or modified. Verity's Parametric Selection feature also permits users to quickly sort and filter information by selecting pre-set parameters, which enables users to accurately locate relevant content.

Verity's flexible content classification capabilities permit organization of large amount of diverse information into relevant taxonomies or ‘views'. Verity K2E also supports multiple languages to allow global organizations using the MatrixOne solutions to index, classify, search and retrieve information in more than 70 business languages.

The Verity K2E/MatrixOne integration is immediately available for all MatrixOne users.

About Connexion by Boeing

Connexion by Boeing, recipient of the 2003 World Travel Award for World's Leading High-Speed Internet Services Provider, brings broadband Internet, data and entertainment connectivity to travelers. The Boeing business unit recently announced a high-speed connectivity solution for the business aviation market, and definitive service agreements with Lufthansa, Scandinavian Airlines System, ANA and Japan Airlines to equip their long-haul aircraft with the mobile connectivity service. In addition, Singapore Airlines, China Airlines and Kingdom Holding Co. have announced their intent to install the Connexion by Boeing system on their long-range aircraft. For information about the Connexion by Boeing service, visit www.connexionbyboeing.com. For general information, visit www.boeing.com/connexion.

About MatrixOne

MatrixOne, Inc. (NASDAQ: MONE) is a recognized leader in delivering collaborative Product Lifecycle Management (PLM) solutions. The company provides flexible solutions that unleash the creative power of global value chains to inspire innovations and speed them to market. MatrixOne's customers include global leaders in the aerospace and defense, automotive, consumer products, high technology, life sciences, machinery, and the process industries, including Agilent Technologies, General Electric, Honda, Johnson Controls, Philips, Procter & Gamble, Siemens and Toshiba. MatrixOne (http://www.matrixone.com/) is headquartered in Westford, Massachusetts with locations throughout North America, Europe, and Asia/Pacific.

About the vdR Group

The Group is a 17-year-old software development and systems integration firm focused exclusively on providing solutions for the Product Data Management/Product Lifecycle Management (PDM/PLM) market space. Since 1997, the Group has partnered with MatrixOne to deliver enterprise application integrations (EAI) for the MatrixOne solutions. To date, there are several in-production product integrations that connect MatrixOne solutions with several CAD systems, Documentum, eRoom, OpenText, and Telelogic's DOORS.

As one of MatrixOne's original partners, the Group has developed exceptional expertise with the MatrixOne product line and a unique perspective of user needs and issues. As a developer of various commercially released products, the Group has established software development practices, testing and QA methodologies and documentation standards required of MatrixOne and other partners. In addition to software development, the Group is involved in the deployment and support of its products. This combination has allowed the Group to bring a combination of high quality product, support and services to over 10,000 users worldwide. For general information, visit www.vdr.com.

About Verity

Headquartered in Sunnyvale, Calif., Verity provides software solutions that enable organizations to maximize the return on their intellectual capital investment by utilizing Verity's industry-leading enterprise search, classification and personalization technologies. Verity software is used for sharing information within and between enterprises; for facilitating e-commerce sales; and for B2B activities on Web-based market exchanges. In addition, Verity technology serves as a core component of many leading e-business applications.

Verity products are used by more than 3,500 organizations in the private and public sectors. Customers include Adobe Systems, AT&T, Bristol-Myers Squibb, Cisco, Cap Gemini Ernst & Young, Documentum (EMC), Dow Jones, EDGAR Online, Financial Times, H-P, Home Depot, Lotus, META Group, SAP, Siemens, Stellent, Sybase, Time New Media and Timex.

The statements in this press release regarding the benefits that Verity expects its customers will receive from the Verity K2 Enterprise/MatrixOne integration are forward-looking statements. These statements are subject to risks and uncertainties, including the risk that: the benefits may not be obtained due to technical or other reasons; and the structure of certain customers' organizations may not be conducive to realizing these benefits. These and other risks relating to Verity and its business and products are set forth under the caption "Risk Factors" in Item 2 of Verity's Form 10-Q filed with the Securities and Exchange Commission on January 9, 2004.

MatrixOne Safe Harbor Statement:

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.

Verity and the Verity logo are registered trademarks or trademarks of Verity, Inc.

MatrixOne and the MatrixOne logo are registered trademarks and Collaborative Product Lifecycle Management Solutions for the Value Chain and Matrix 10 are trademarks of MatrixOne, Inc.

All other trademarks and service marks are the property of their respective owners.

For more information, contact Verity at info@verity.com or at World Wide Web site http://www.verity.com or call 408-541-1500.

Verity and the Verity logo are registered trademarks or trademarks of Verity, Inc.

Verity Editorial Contacts:

Winifred Shum

Verity, Inc.

(408) 542-2363

wshum@verity.com

Steve Hoechster

ElsterGroup

(646) 495-5401 or (914) 393-9219

shoechster@elstergroup.com

MatrixOne Editorial Contact:

Charlie Guyer

MatrixOne, Inc.

(978) 589-4052

charlie.guyer@matrixone.com

vdR Editorial Contact:

Dave Wolfe

The vdR Group

(714) 921-9300

Dave@vdr.com

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