NEEDHAM, Mass., March 16 /PRNewswire-FirstCall/ -- PTC (Nasdaq: PMTC), the
product development company(TM), today announced that Belcan Advanced
Engineering & Technology Group, Inc., a provider of a wide variety of
engineering CAD/CAE services and solutions, has signed a value-added reseller
agreement, joining PTC's U.S. Channel Advantage Reseller Program as a Gold
Partner. In its first quarter in the program, Belcan exceeded its sales quota
by more than 100 percent.
Belcan Engineering Group is a division of Belcan Corporation, a global
supplier of engineering solutions. Headquartered in Cincinnati, Ohio, Belcan
employs more than 3,000 people worldwide. By joining PTC's Channel Advantage
Partner Program, Belcan can now provide its customers and prospects with
Pro/ENGINEER software and complementary products, product maintenance and
technical support, a full suite of product training, and a broad range of
implementation and consulting services for PTC products.
"Belcan, with its experienced and well-respected team, is known for top-
quality service and deliverables," said Robert Kocis, PTC senior vice
president, PTC worldwide channel sales and operations. "Belcan Corporation's
performance as a member of our Channel Advantage Program has been outstanding
from day one and we intend to leverage its size, sales, technical resources,
and existing relationships to expand both of our businesses."
"We are very excited about offering the PTC suite of CAD/CAE software
products and engineering services to our clients," said Jeff Fischer, Chief
Operating Officer of Belcan Corporation. "Belcan is not only a Channel Partner
and Certified Training Partner, but also a major user of PTC solutions. This
provides a unique opportunity where Belcan can better assist our customers to
design and deliver high-quality products that meet their market and business
demands."
About Belcan Engineering Group
For more than forty-five years, Belcan Corporation has been providing
engineering and staffing solutions focused on our clients' needs and goals.
Belcan Engineering Group is a global provider of engineering services
specializing in design engineering, engineering analysis, computer modeling
and advanced manufacturing techniques. Belcan specializes in providing
innovative product design solutions to a variety of diverse industries.
Belcan's in-house engineering talent utilizes state-of-the-art computer aided
design and analysis tools, rapid prototyping, and concurrent engineering
methods to reduce the client's design development cycle time. Belcan
Engineering Group designs and develops equipment and systems for several
Fortune 500 companies, including GE, a Belcan client since its founding.
Projects range from designing machines for high-speed labeling to developing
gas turbine engines for jet aircraft. Further information on Belcan
Corporation is available at http://www.belcan.com.
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.
PTC and its logo, Product First, The Product Development Company, and
Pro/ENGINEER are trademarks or registered trademarks of Parametric Technology
Corporation.
TTING
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 the ability of PTC
to efficiently utilize and leverage a diverse group of geographically
dispersed resellers increasing reseller contribution and decreasing company
costs and effectively coordinate and manage joint activities with these
resellers, including the Belcan Engineering Group, (such as sales, marketing,
implementation, and support) in order to deliver products and services that
meet evolving customer requirements, 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.
Any use of the terms "partner," "partnership," "alliance" (or similar
terms) to describe the relationships between PTC and its channel program
members/resellers refers solely to the spirit of cooperation between the
parties and does not describe, or expressly or by implication create, a legal
partnership or joint venture or any responsibility by one party for the
actions of the other.
PTC Press Contact Belcan Press Contact
Joe Gavaghan Dick Lajoie, CFO and CIO
781-370-5074 (800) 423-5226
jgavaghan@ptc.com
SOURCE PTC
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Related links:
http://www.ptc.com
CONTACT:
Joe Gavaghan of PTC, +1-781-370-5074,
jgavaghan@ptc.com; or Dick Lajoie, CFO and CIO of Belcan,
1-800-423-5226
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