PTC to Host Financial Analyst Event and Webcast on March 8, 2004

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PTC to Host Financial Analyst Event and Webcast on March 8, 2004

    NEEDHAM, Mass., Feb. 24 /PRNewswire-FirstCall/ -- PTC (Nasdaq: PMTC) is
hosting a financial analyst event in New York City on March 8, 2004.  The
event will be audio Webcast simultaneously on PTC's investor web site.

     WHO:     Dick Harrison, President and Chief Executive Officer, PTC
              Neil Moses, Executive Vice President and Chief Financial
              Officer, PTC Jim Heppelmann, Executive Vice President and Chief
              Product Officer, PTC Kevin O'Marah, Vice President, AMR Research

     WHEN:    March 8, 2004, 1:30 p.m. (ET)

     RSVP:    To register for the event in New York City, please contact
              Meredith Mendola, Director of Investor Relations at 781-370-6151
              or mmendola@ptc.com.

     WEBCAST: To access the live Webcast of the event, please visit
              http://www.ptc.com/for/investors.htm.

     REPLAY:  A replay of the meeting will be available until 5:00 p.m. (ET)
              on March 15, 2004.  To access the replay via Webcast, please
              visit http://www.ptc.com/for/investors.htm.

    This event will be archived for public replay for a period of five (5)
business days from the date of the live event. Please note that statements
during the meeting are as of the date of the meeting and PTC does not assume
any obligation to update the archived meeting. In addition, matters discussed
in the meeting may include forward-looking statements regarding PTC's
products, future operations or anticipated financial performance.  Actual
results in future periods may differ materially from current expectations due
to a number of risks and uncertainties, including those described from time to
time in reports filed by PTC with the U.S. Securities and Exchange Commission,
including PTC's most recent reports on Form 10-K and 10-Q.

    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 35,000 customers worldwide.  Further information on PTC is
available at http://www.ptc.com.

     Contact:
     Meredith Mendola
     Director, Investor Relations
     781-370-6151
     mmendola@ptc.com

SOURCE PTC

http://www.ptc.com
CONTACT:
Meredith Mendola, Director, Investor
Relations of PTC, +1-781-370-6151, mmendola@ptc.com