Together with Performance Partners Powerski International and Santa Cruz
Bicycles, PTC will Demonstrate Comprehensive Capabilities for Distributed
Product Development
CHICAGO, Feb. 23 /PRNewswire-FirstCall/ -- PTC (Nasdaq: PMTC) will debut
its new Product Development System (PDS) this week in Booth #3418 at the
National Manufacturing Week National Design Engineering Show at the McCormick
Place Convention Center in Chicago.
PTC's PDS is a suite of integrated product and service offerings that
enable manufacturers to create high fidelity digital representations of
products, collaborate and share that information within organizations and with
partners, suppliers and customers, and control and manage that product
information in product development processes throughout a product's lifecycle.
Joined by performance partners, Powerski International and Santa Cruz
Bicycles, and software partners Adobe Systems, Blue Ridge Numerics and CD
Adapco Group, PTC will demonstrate the capabilities of its PDS and the value
it provides for thousands of companies worldwide. Using PTC's PDS,
manufacturing companies of all sizes have an approachable, low-risk way to
quickly and reliably implement product lifecycle management within their
operations.
"PTC is the only vendor to offer comprehensive create, collaborate, and
control capabilities on an architecture that is integral, Internet, and
interoperable," says PTC Executive Vice President and Chief Product Officer
James Heppelmann. "PTC's Product Development System removes the complexity,
cost, and risk from Product Lifecycle Management initiatives and addresses the
challenges manufacturers face today when seeking more customer input while
developing products across multiple sites and relying on suppliers for a
significant portion of their design and manufacturing activities."
Experience Great Products At PTC Press Reception
On Monday afternoon, from 4 to 5 PM, PTC will host a cocktail reception
for news media attending NMW in the press conference room, #S101A. PTC
partners and customers are welcome to attend. On display will be the new
Powerski International Powerski Jetboard and a Santa Cruz Mountain Bike.
Executives from the companies will be on hand to discuss their products, which
were designed using PTC solutions. Concluding the reception will be a raffle
for the media with the winner receiving a custom Santa Cruz bike.
Heppelmann on "The Future of 3D Mechanical Design"
PTC Executive Vice President and Chief Product Officer James Heppelmann
will participate in a panel discussion on "The Future of 3D Mechanical Design:
Lifting the Barrier to Creative Product Design," on Tuesday, February 24, at
10 AM.
For more information on PTC at NDES, please visit our website at
http://www.ptc.com/company/news/events/index.htm
To access our electronic press kit for the show, please go to
http://www.ptc.com/go/ndespress/
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. The company
services more than 33,000 customers worldwide. Further information on PTC is
available at http://www.ptc.com.
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 include: the success of our initiatives to
facilitate our customer's understanding of the benefits of our integral PLM
solutions, including return on investment and value creation; Our ability to
successfully develop, integrate and support the technology necessary to
deliver products and services that anticipate and adequately respond to
evolving customer requirements; our ability to realize revenue from the
larger, strategic business opportunities we are pursuing as well as from our
point solutions based on Windchill technology; the success of our partnering,
distribution and customer satisfaction initiatives; the success of our
Windchill integrated solutions strategy initiatives, including our efforts to
successfully compete in the MCAD industry by differentiating our MCAD
offerings by targeting synergies with Windchill; the success of our cost
reduction initiatives; and the effects of a weakened economy which may impact
the overall demand for software and related services; as well as other risks
and uncertainties detailed from time to time in reports filed by PTC with the
Securities and Exchange Commission, including the Company's most recent
reports on Form 10-K and 10-Q.
PTC and its logo, Product First, The Product Development Company, Product
Development Means Business, Create Collaborate Control, Pro/ENGINEER,
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. Microsoft is a registered trademark of
Microsoft Corporation; Oracle is a registered trademark of Oracle Corporation;
and SAP is a registered trademark of SAP AG Germany.
Contact Information:
Joe Gavaghan Meredith Mendola
PTC Global Public Relations PTC Investor Relations
718-370-5074 781-370-6151
jgavaghan@ptc.com mmendola@ptc.com
SOURCE PTC
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