Comprehensive and easy access to courses and IP on demand
NEEDHAM, Mass., Feb. 12 /PRNewswire-FirstCall/ -- PTC (Nasdaq: PMTC), the
product development company(TM), today announced the launch of PTC University;
an on-line learning portal that provides customers with a personalized view to
all of PTC's educational offerings, enabling them to select, register, and
track enrollments and transcripts, as well as participate in on-line
communities, thus maximizing the overall educational experience while reducing
costs.
X Product Development, a leading design and innovation firm, recently
selected the new PTC training option. "We are very pleased to take advantage
of the PTC University training option; the on-demand, immediate access to
PTC's extensive curriculum will allow us to initiate the adoption of the
Windchill solutions promptly and cost effectively," said David Aitchison,
division leader at X Product Development.
Built on leading edge learning management technology, PTC University also
enables managers to track their company's investment and monitor their team's
progress in PTC learning programs.
PTC University features PTC's unique PTC Precision(TM) learning approach
to training with role based curriculum, ensuring that students get the right
training, using the right media, at the right time -- with measured results.
It features the entire library of PTC Instructor Led Training courses as well
as over 1500 hours of Distance Learning content, from virtual classrooms to
Web-Based Training to online communities. These programs work together to
create a blended learning environment that addresses differentiated learning
styles and needs and is delivered precisely when needed.
Access to PTC University Distance Learning content can be purchased on a
subscription basis that offer learners on-demand access to all Distance
Learning content in a topic area, as well as any new content added during the
subscription year. PTC University Subscriptions are designed to provide
learners 24/7 support, in multiple learning formats, for any learning need
that might arise, all for one low cost.
"I am very excited and pleased about the PTC University launch," said
Barry Cohen, executive vice president of strategic services. "PTC University
allows us to provide a level of educational service that enables our customers
to increase productivity and drive innovation. In today's economy the ability
to provide quality Distance Learning programs is essential to customer
success. PTC University and its Distance Learning Subscriptions enhance PTC's
thought leadership in the PLM space."
PTC University is currently available for North America, and will be
rolling out globally throughout FY04.
About PTC
PTC (Nasdaq: PMTC) develops, markets, and supports software solutions that
help manufacturers win with superior products. PTC is the world's largest
software company with a total commitment to product development and product
lifecycle management (PLM.) The company services more than 35,000 customers
worldwide. Further information on PTC is available at
http://www.ptc.com/go/pr or call 1-888-782-3776, ext. 901.
Except for the historical information contained herein, matters discussed
in this news release may constitute forward-looking statements that involve
risks and uncertainties that could cause actual results to differ materially
from those projected. These risks and uncertainties include PTC's ability to
effectively deliver product and service offerings that meet evolving customer
requirements in a cost effective manner, the acceptance of Pro/ENGINEER
Wildfire and our Windchill Link Solutions, our ability to migrate our customer
base to an integrated product development system together with such other
risks and uncertainties as are detailed from time to time in reports filed by
PTC with the Securities and Exchange Commission, including PTC's most recent
reports on Form 10-K and 10-Q.
PTC and its logo, The Product Development Company, Pro/ENGINEER, Wildfire,
Windchill and all PTC product names and logos are trademarks or registered
trademarks of Parametric Technology Corporation or its subsidiaries in the
United States and in other countries.
Investor Contact Press Contact
Meredith Mendola Joe Gavaghan
781-370-6151 781-370-5074
mmendola@ptc.com jgavaghan@ptc.com
SOURCE PTC
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Related links:
http://www.ptc.com
CONTACT:
Investor Contact, Meredith Mendola,
+1-781-370-6151, mmendola@ptc.com, or Press Contact, Joe
Gavaghan, +1-781-370-5074, jgavaghan@ptc.com, both of PTC
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