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PTC Targets Key Barriers to Productivity with Pro/ENGINEER Wildfire 5.0

NEEDHAM, Mass. — (BUSINESS WIRE) — June 8, 2009 PTC (Nasdaq: PMTC), The Product Development Company®, today announced the launch of Pro/ENGINEER Wildfire 5.0, the next major release of its integrated 3D CAD/CAM/CAE software and a key component of the PTC® Product Development System. Pro/ENGINEER, the world’s first parametric CAD solution, continues to extend its market leading position with the delivery of new capabilities to help customers eliminate traditional design barriers to achieve faster, more efficient and more innovative product development. Pro/ENGINEER Wildfire 5.0 is scheduled to be available during calendar Q4 FY2009.

“Global competition, environmental sustainability, and demographic change are the major factors affecting manufacturers today. These translate into multidisciplinary design, design for lifecycle, and social networking for innovation as top priorities for manufacturers to deliver winning products,” said Marc Halpern, research director at information technology research firm Gartner.

In today’s complex environment, product development teams often face a number of barriers that can impact productivity. These include the difficulty of making design changes, the length of time to productivity, dealing with heterogeneous CAD data, working with a multitude of disconnected point solutions, and identifying resources and leveraging collective knowledge when needed. Pro/ENGINEER Wildfire 5.0 will offer powerful new capabilities and over 330 enhancements that improve productivity, enrich the user experience and provide the freedom to design without barriers.

Highlights include:

“Mental images is committed to providing industry-leading, high performance rendering software,” said Rolf Herken, CEO and CTO of mental images. “We are pleased to announce our new strategic partnership with PTC for uniting Pro/ENGINEER and mental ray, to deliver state of the art visualization capabilities to product development teams worldwide.”

The integration of all of these capabilities into Pro/ENGINEER will help to reduce errors, time and costs from using too many disparate/disconnected tools.

"Pro/ENGINEER Wildfire 5.0 offers a broad range of enhancements that will help engineers at Exmark Manufacturing continue to develop long lasting, cutting edge, commercial turf equipment,” said Brian York, Engineering Process Improvement Specialist, Exmark Manufacturing, a division of The Toro Company. “Enhancements such as dynamic feature editing, disruption free design, weldment design, assembly enhancements and other user experience enhancements will continue to allow us to design industry leading, highly innovative products such as our Next Lazer Z®."

“Particularly during challenging economic times, customers demand and expect technology leaders like PTC to provide solutions that will help them to address barriers to productivity that can inhibit them from efficiently creating great products,” said Brian Shepherd, executive vice president, product development, PTC. “Pro/ENGINEER Wildfire 5.0 demonstrates PTC’s ongoing emphasis on quality and commitment to deliver capabilities that enable our customers to develop winning products and bring them to market faster and at lower costs.”

Pro/ENGINEER Wildfire 5.0 Upgrades and Product Availability

Pro/ENGINEER Wildfire 5.0 is scheduled to be available during calendar Q4 FY2009.*

*The timing of any product release, including any features or functionality, is subject to change at PTC’s discretion.

For more information on Pro/ENGINEER Wildfire 5.0, please visit the Pro/ENGINEER product pages on www.ptc.com

Tune in to www.ptc.com/events/ptcuser09 for real-time event coverage through Tweets and Blogs from PTC staff and event attendees. We’ll be tagging all event Tweets with #ptcuser09. Follow PTC on Twitter @Did_You_Know.

About PTC ( http://www.ptc.com)

PTC (Nasdaq: PMTC) provides discrete manufacturers with software and services to meet the globalization, time-to-market and operational efficiency objectives of product development. Using the company’s CAD, and content and process management solutions, organizations in the Industrial, High-Tech, Aerospace and Defense, Automotive, Consumer and Medical industries are able to support key business objectives and create innovative products that meet both customer needs and comply with industry regulations. To see PTC products in action go to http://www.youtube.com/user/ptcstudio.

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 successful development and integration of the technology necessary to offer an integrated and flexible product development system solutions that is able to adequately respond to the evolving requirements of customers in multiple vertical industries; PTC’s ability to extend our solutions and provide functional enhancements in a timely fashion to maintain our competiveness; PTC’s ability to retain and maintain relationships with key employees, customers and other strategic partners providing the foundation for long-term relationships and repeat business; our ability to effectively utilize our resources to undertake one or more strategic corporate development initiatives while maintaining recurring operations at satisfactory levels; 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. Use of the terms “partner”, “alliance” or similar terms herein refers solely to the spirit of cooperation between the and does not describe or create a legal partnership, joint venture or any responsibility by one party for the actions of the other.

PTC and its logo, The Product Development Company, Pro/ENGINEER, Wildfire, Windchill, Arbortext, Mathcad, CoCreate, CoCreate Modeling, CoCreate Model Manager, CADDS, Windchill ProjectLink, Windchill PDMLink, Windchill PartsLink, Windchill DynamicDesignLink Windchill MPMLink, Windchill RequirementsLink; ProductView, Optegra, InterComm, IsoDraw, IsoView, FlexPLM, ProductPoint, Relex and all PTC product names and logos are trademarks or registered trademarks of Parametric Technology Corporation and/or its subsidiaries in the United States and in other countries. Microsoft and SharePoint are registered trademarks of Microsoft Corporation.

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