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PTC Launches Pro/CONCEPT(TM) 2.0 for MAC OS X

    First PTC Product Design Solution for the Mac Debuts at MacWorld 2003

    NEEDHAM, Mass., July 16 /PRNewswire-FirstCall/--
PTC (Nasdaq: PMTC), the product development company(TM), today announced that
its conceptual and industrial design solution, Pro/CONCEPT, is expected to be
available for Mac OS X in Fall 2003.  Pro/CONCEPT 2.0 is being unveiled at the
MacWorld CreativePro Conference and Expo at the Javits Center in New York City
from July 14-18.
    Pro/CONCEPT 2.0 is PTC's ground breaking conceptual design solution that
allows designers to capture, explore and develop product designs and create
realistic digital product models quickly and inexpensively.  It is the first
solution to combine sketching and modeling in a single, easy-to-learn and use
environment.  Pro/CONCEPT contains tools for free-form sketching, image
retouching, curve and facet modeling, painting directly onto three dimensional
(3D) models, and real-time and photo-realistic rendering.
    "Pro/CONCEPT 2.0 is PTC's first product for the Mac and we are excited to
offer this innovative conceptual design solution on a premier 'designers'
platform," said Brian Shepherd, senior vice president of product management
for PTC.  "Design professionals can now quickly and easily capture and distill
ideas, make assessments and seamlessly move the best ideas to detailed design
and production with Pro/ENGINEER Wildfire or other platforms."
    "We are extremely happy that PTC is bringing Pro/CONCEPT 2.0 as its first
product to the platform and see it as an important solution that will extend
the Mac to even more design professionals," said Ron Okamoto, Apple's vice
president of Worldwide Developer Relations.  "Pro/CONCEPT 2.0 takes advantage
of Mac OS X's OpenGL support to provide real-time interactive 2D and 3D
graphics to power the creation of innovative new designs faster and easier
than ever before."
    PTC worked closely with industrial and conceptual designers to define a
complete conceptual tool that not only captures new ideas but also allows for
the freedom to easily explore and expand them into real working designs as
quickly and seamlessly as possible.  With Pro/CONCEPT, users can:
    -- Sketch, model and paint product concepts, including creating sketches
       using a full palette of tools, creating and editing 3D facet models,
       and creating curve layouts.
    -- Provide photo-realistic images, using capabilities such as retouching
       images and photographs, real time rendering, photo rendering and
       advanced photo rendering.
    -- Transfer models to and from MCAD and collaboration systems.
       Pro/CONCEPT can transfer file types in Pro/ENGINEER and a variety of
       formats (STL, VRML, ProductView, OBJ, TIFF or JPEG).  3D print and
       stereo lithography provide the ability to produce rapid prototypes.

    Pro/CONCEPT 2.0 is expected to start shipping in October 2003 in one low-
cost package that includes self-paced tutorials.  Pro/CONCEPT 1.0 is available
immediately, and starts at $1495 (USD).  Pro/CONCEPT is available directly
from the online PTC Store at https://www.ptc.com/estore/.
    For more information on Pro/CONCEPT, please go to
http://www.ptc.com/go/proconcept. For more information on the MacWorld CreativePro
Conference and Expo, please go to http://www.macworldexpo.com/.

    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/.

    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               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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  • http://www.ptc.com
    CONTACT:
    Investors, Meredith Mendola, +1-781-370-6151,
    mmendola@ptc.com, or Joe Gavaghan, Public Relations,
    +1-781-370-5074, jgavaghan@ptc.com, both of PTC