-- Patented Motorized Surfboard Inaugurates "Just-In-Time" Mass Production
with PTC's Pro/ENGINEER Wildfire and Windchill(R) ProjectLink(TM) --
NEEDHAM, Mass., Aug. 21 /PRNewswire-FirstCall/ -- PTC (Nasdaq: PMTC),
today announced that PowerSki International Corporation has achieved "just-in-
time" mass production for its new PowerSki Igniter 2000(TM) motorized
surfboard through the use of PTC's new Pro/ENGINEER Wildfire product design
and development software and Windchill ProjectLink Web collaboration solution.
The PowerSki Igniter 2000 Jetboard is a motorized wakeboard, a cross
between a high-performance surfboard and a competition water-ski/wakeboard.
The design and packaging for the Igniter 2000 was made possible by the use of
Pro/ENGINEER(R) and its industrial design, detailed design, simulation, and
production capabilities. "We are in the process of designing our complete
Jetboard in Pro/ENGINEER Wildfire," said PowerSki's Vice President of Sales &
Marketing, Jim Habig, "and we are using its Behavior Modeling and simulation
capabilities to analyze and optimize our Jetboard. PTC's software solutions
have added tremendous value and effectiveness to our organization. Working
with Pro/ENGINEER Wildfire and Pro/INTRALINK(R) 3.3, we are able to design,
analyze, and produce components and assemblies in a short period of time
across many boundaries."
"PTC's software solutions allow our different design teams to have access
to the latest information, to track changes throughout the design process, to
rapidly prototype new components, and to design new products thanks to the
tight integration between Pro/ENGINEER Wildfire and Windchill ProjectLink for
collaboration with design partners," Habig adds. "Our team is now able to
evaluate and analyze components before they are produced, saving valuable time
and reducing costs. We are able to check clearance and interference situations
before assembly, identify problem areas, and correct them before we build
prototypes and commit to production. This ensures that we build the parts
correctly the first time. We have used Pro/ENGINEER to model our engine,
transmission, hull, and handle."
Using Pro/ENGINEER to design and visualize the components, versus using
manual drawings, decreased PowerSki's design time by 90 percent. By using the
manufacturing capability of Pro/ENGINEER, the company was able to machine
engine components directly from the Pro/ENGINEER designs, which cut 30 hours
from the machining time of each part.
"This process enables us to achieve a higher production rate at a lower
cost," noted PowerSki CEO Bob Montgomery. "Thanks to Pro/ENGINEER Wildfire and
Windchill ProjectLink, PowerSki is moving into full production in record
time."
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 and product
lifecycle management (PLM.) The company services more than 35,000 customers
worldwide. Further information on PTC is available at
http://www.ptc.com/go/pr 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 risks and uncertainties include: PTC's successful
development and integration of the technology necessary to offer integrated
PLM solutions that adequately respond to the evolving customer requirements;
the success of our Windchill - Pro/ENGINEER integrated solutions strategy
initiatives; and the effects of a weakening economy which may impact the
overall demand for software and related services, 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. The announcement of any particular selection
of PTC products is not necessarily indicative of the timing of recognition of
revenue from such order or the level of revenue for any particular period.
PTC and its logo, The product Development Company, Pro/ENGINEER, Wildfire,
Behavioral Modeling, Pro/INTRALINK, Windchill ProjectLink, PTC Precision, 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:
Investor Contact: Meredith Mendola,
+1-781-370-6151, mmendola@ptc.com, or Public Relations Contact:
Joe Gavaghan, +1-781-370-5074, jgavaghan@ptc.com, both for PTC
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