NEEDHAM, Mass., June 30 /PRNewswire-FirstCall/ --
PTC (Nasdaq: PMTC), the product development company(TM), today announced that
Tool, Inc., a product design and development firm in Marblehead, Massachusetts
has experienced immediate productivity gains following the installation of
PTC's new Pro/ENGINEER Wildfire.
"The new user interface represents a quantum leap in ease-of-use," said
Tool's owner and design engineer John Fiegener. "New users can learn quickly
and become productive faster and that is a real financial gain for us. As we
implement Pro/ENGINEER Wildfire throughout the company, we will be able to
reduce the overhead cost of having experienced engineers training new users.
Fiegener also noted that, even with minimal training, Tool engineers using
Wildfire out-performed a competitive offering in virtually every aspect of
use.
"Pro/E Wildfire is the best release of Pro/ENGINEER ever," Fiegener noted.
"They took the time to do it right and achieved a really thoughtful approach
to how people actually use the solution."
Tool, Inc., a PTC customer since 1997, specializes in research, idea
creation, industrial design and mechanical engineering of consumer and
business products. Their designs span across a variety of consumer products
from sporting equipment to furniture for the office and home.
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: the success of our initiatives to
facilitate our customer's understanding of the benefits of our PLM solutions,
including return on investment and value creation; 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; the success of
our 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.
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 Information Public Relations Contact Information
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:
Investor, Meredith Mendola, +1-781-370-6151,
mmendola@ptc.com, or Public Relations, Joe Gavaghan,
+1-781-370-5074, jgavaghan@ptc.com, both of PTC
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