NEEDHAM, Mass., June 24 /PRNewswire-FirstCall/ -- PTC (Nasdaq: PMTC), the
product development company, today announced that Team Bentley's winning Speed
8 cars, which placed first and second on June 15 at the famous Le Mans auto
race, were designed in Pro/ENGINEER(R), PTC's industry-leading design
software.
"We are delighted to have been part of Team Bentley's historic win at Le
Mans," said Jon Boyce, PTC director of automotive operations. "Without
question, these were the most technologically advanced cars ever to have
entered the race. In supporting the design process, we hope that Pro/ENGINEER
has done justice to the pioneering spirit of Bentley's founder, W.O. Bentley."
Bentley Motors returned to Le Mans in 2001 for the first time since 1930.
The victory was the result of a three-year plan by the company. With the help
of Pro/ENGINEER, they were able to shorten the design process of the two
winning Speed 8 cars, allowing for quicker "time to track". Bentley Motors
commissioned racing technology norfolk (rtn) ltd, to design and manufacture
the entire car.
Hiroshi Fushida, operations director at rtn ltd, said today: "To deliver a
dramatic improvement in the down-force-to-drag ratio, we have had to design
and make more complex and challenging shapes than ever before. Pro/ENGINEER
has helped save time and has enabled us to work to far higher tolerances than
a few years ago when we formed wooden patterns for the carbon fibre by hand.
The accuracy we achieve using the PTC suite of MCAD tools is of paramount
importance to the success of the car."
One of the UK's most respected motorsport engineering companies, rtn ltd
has been a PTC Performance Partner since 1999. In July 2002, they started
work on an entirely new car that would contest the 2003 race. Exterior body
surfaces, chassis and powertrain were all developed in PTC's industry-leading
Pro/ENGINEER solution. Team Bentley Speed 8 Le Mans cars were also the only
fully enclosed prototypes to enter the 2003 race.
"With Team Bentley employing PTC's industry leading MCAD solutions, they
have been able to achieve their ultimate dream of winning one of the greatest
motor sport events in the world," Boyce said.
About PTC
PTC 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 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 include: our successful development and
integration of the technology necessary to offer an integrated Product
Development System that adequately responds to evolving customer requirements;
our efforts to successfully compete in the MCAD industry by differentiating
our MCAD offerings by targeting synergies with Windchill; the success of our
partnering, distribution and customer satisfaction 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.
PTC and its logo, Product First, The Product Development Company, Create
Collaborate Control, Simple Powerful Connected, 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: Public Relations 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:
Meredith Mendola, +1-781-370-6151,
mmendola@ptc.com, or Joe Gavaghan, +1-781-370-5074,
jgavaghan@ptc.com, both of PTC
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