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ProductSpace Solutions, Inc. Becomes PTC Channel Advantage Certified Windchill Services Partner

-- Provides Consulting Services specializing in the PTC(R) Product Development
                                    System

    NEEDHAM, Mass., May 4 /PRNewswire-FirstCall/ -- PTC (R)(Nasdaq: PMTC), the
product development company(TM), today announced that ProductSpace Solutions,
Inc., has become a Certified Services Provider in PTC's Channel Advantage
Reseller Program supporting Windchill(R), PTC's comprehensive suite of
collaboration and control solutions for distributed product development
processes.  Windchill solutions enable manufacturers to streamline processes,
foster innovation, and deliver superior products.
    ProductSpace's implementation, customization, and product development
consultants will provide PTC resellers with pre-sales and services support to
assist their customers in realizing the maximum value from their Windchill
technology investments.
    "ProductSpace provides the implementation and consulting expertise that
has historically been out of reach for most PTC resellers and their customers;
as these resellers expand their product offerings to include products such as
Windchill PDMLink(TM), and Windchill ProjectLink(TM)," says ProductSpace
President and CEO Srini Erramilli.  "Our services are tailored for the needs
of small and mid-sized enterprises (up to $1B in revenue) yet leverage and
expand on the same methodologies and toolsets used by PTC's own Global
Services."
    Focusing on technology, process, and adoption services, ProductSpace
provides experienced consultants to assist PTC customers in fully realizing
the benefits of a Product Development System. "We have had extremely good
experiences with the work ProductSpace Solutions has performed for our company
in Windchill configuration, customization and application training," said John
P. Pasquenza, Manager of IT and Process Automation for a business unit of
Westinghouse Electric Company.  "ProductSpace is very attentive and responsive
to customer needs.  The quality of their work is exceptional."
    At Westinghouse, ProductSpace implemented a complex and comprehensive
Windchill(R) system. The project included not only Windchill installation but
a thorough and accurate modeling of several key Westinghouse processes.
ProductSpace also trained the in-house IS group to maintain and modify the
system.  This greatly reduced adoption time and Westinghouse's dependence on
continued services.
    "ProductSpace provides our resellers with talented PTC implementers and
consultants to assist in delivering our Product Development System to market,"
said Robert Kocis, senior vice president, PTC worldwide channel sales and
operations.   "Its services expertise assures our resellers that the services
essential to the full realization of benefits will be available to their
customers on an affordable and reliable basis."

    About ProductSpace Solutions, Inc.
    ProductSpace Solutions, Inc. delivers technology, process, and adoption
solutions to small and mid-size enterprises across the United States in an
efficient and highly effective manner.  Focusing on services, ProductSpace
fills the void that exists where companies need the enterprise product
development technology that is available to their, often larger, competitors
but cannot afford the time, resources, and price-tag demanded by other
Professional Services and Management Consulting firms.
    Each ProductSpace employee or consultant has 8-10 years (average) of
industry experience implementing, administering, and/or using PLM/CAD
products. These credentials include rich functional and technical skills on
all major PLM/CAD products, although specializing in PTC Product Development
System products (Pro/ENGINEER Wildfire(R), PDMLink(R), and ProjectLink(R)).
The consultants are registered through a certification program to stay up to
date with latest updates of the products and the necessary skill sets.

    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 risks and uncertainties include the ability of
PTC to successfully attract, train and certify resellers and service partners;
our ability to efficiently utilize and manage a diverse group of
geographically dispersed strategic partners, increasing third party
contribution and decreasing company costs; our effective coordination of joint
activities (including sales, marketing, implementation, support and customer
service) with these third parties in order to deliver products and services
that meet evolving customer requirements; the success of our customer
satisfaction and  cost reduction initiatives; and the effects of a weakening
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.

    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 and its logo, Product First, The Product Development Company,
Pro/ENGINEER, Wildfire, Windchill, Windchill PDMLink, and Windchill
ProjectLink are trademarks or registered trademarks of Parametric Technology
Corporation or its subsidiaries in the United States and in other countries.

    PTC Contact            ProductSpace Contact
     Joe Gavaghan          Lewis Kennebrew
     781-370-5074          630-495-2999
     jgavaghan@ptc.com     lkennebrew@productspace.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 Lewis Kennebrew of ProductSpace,
    +1-630-495-2999, lkennebrew@productspace.com