For the fourth quarter ended June 30, 2001, total revenues increased 66% to a record $41.2 million, compared to $24.8 million in the same period last year. Software license revenues increased 52% to $21.9 million in the fourth quarter ended June 30, 2001, up from $14.4 million in the same period last year.

For the fourth quarter ended June 30, 2001, net income was $3.5 million, or $0.07 per share. Net income from continuing operations was $3.0 million, or $0.06 per share for the fourth quarter ended June 30, 2001, compared to a net loss of $40.0 thousand or $0.00 per share, in the same period last year. For the fourth quarter, net income from continuing operations, excluding stock-based compensation, was $4.1 million, or $0.08 per share, compared to net income of $1.0 million, or $0.02 per share, in the same period last year.

For the year ended June 30, 2001, total revenues increased 90% to a record $142.1 million, compared to $74.7 million in the same period last year. Software license revenues increased 106% to a record $84.3 million for the year ended June 30, 2001, up from $41.0 million in the same period last year. Software license revenues represented 59% of total revenues, compared to 55% in the same period last year.

For the year ended June 30, 2001, net income was $8.8 million, or $0.18 per share. Net income from continuing operations was $8.3 million, or $0.17 per share for the year ended June 30, 2001, compared to a net loss of $6.5 million, or $0.18 per share on a pro forma basis, in the same period last year. For the year ended June 30, 2001, net income from continuing operations, excluding stock-based compensation, was $12.5 million, or $0.25 per share, compared to a net loss of $2.9 million, or $0.08 per share on a pro forma basis, in the same period last year.

Despite today’s challenging economic conditions, investments in product collaboration solutions for the value chain continue to be a priority for leading organizations around the world. As our fourth quarter results confirm, more of the world’s most innovative companies are turning to our Value Chain Portfolio applications and eMatrix platform to more effectively collaborate with their global trading partners, said Mark O’Connell, president and CEO of MatrixOne. We help our customers accelerate time-to-market revenue opportunities, reduce development costs, and enhance innovation throughout the product lifecycle. Simply put, we are the company that is changing the way the world brings products to market.

SOURCE: COMPANY PRESS RELEASE