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COMAC Expands Use of PTC Solutions for Enterprise Product Lifecycle Management

Scalable Architecture Supports Integrated Digital Environment for Large Aircraft Research & Development, Manufacturing and Service

NEEDHAM, Mass. — (BUSINESS WIRE) — October 20, 2011PTC® (Nasdaq: PMTC), the Product Development Company®, today announced that Commercial Aircraft Corporation of China, Ltd. (COMAC) has expanded its use of Windchill® software to support its development of commercial aircraft. Windchill serves as the technology infrastructure for its Integrated Digital Environment for Aircraft Lifecycle (IDEAL) program. Windchill, PTC’s product lifecycle management ( PLM) software, provides a single, interoperable platform for improving collaboration, automating processes and managing data across the product lifecycle.

The rapid growth of the Chinese economy has created a strong demand for commercial aircraft, resulting in a significant increase in the number of Chinese airports, and a growing demand for locally-developed civilian aircraft. As the only company working on the development of commercial aircraft in China, the newly founded COMAC is focused on deploying innovative, best-of-breed product development technology to improve its overall competitiveness. COMAC is just entering the commercial aircraft business, but intends rapidly to become one of the world’s leading commercial aircraft manufacturers.

After an extensive review of competing PLM solutions, COMAC selected Windchill as the technology platform for its IDEAL program. The goal of the IDEAL program is to improve collaboration by delivering unified product information across all roles involved with aircraft production – from design and test to manufacture and service. As the technology infrastructure “backbone” supporting IDEAL, PTC’s Windchill provides a single, authoritative source for all product information, supporting access across a wide range of tools, including CAD, CAE, CAM, TDM, and EDA.

“PTC has maintained a long-term relationship with COMAC and is pleased to support its expansion to large aircraft development, manufacture and after-market service,” said James E. Heppelmann, President and Chief Executive Officer, PTC. “COMAC’s subsidiary companies have been partnering with PTC since 2003. During this period, Windchill has been used successfully as the single system for the ARJ21 CPC and C919 IDEAL projects. The successful adoption of Windchill for strategic product lifecycle management will contribute to COMAC’s success as it endeavors to become one of the world’s leading commercial aircraft manufacturers.”

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About COMAC

Headquartered in Shanghai, Commercial Aircrafts of China Corporation has a number of subsidiaries, including AVIC Commercial Aircrafts Co. Ltd, Shanghai Aircraft Design and Research Institute (SADRI), Shanghai Aircraft Manufacturing Company, Shanghai Aircraft Customer Service Co., Ltd, Shanghai Aviation Industrial (Group) Corporation, etc., and a number of branch offices. COMAC has set up offices in Beijing, as well as in Europe, and North and South America. COMAC is committed to building safe, economical, comfortable and environment-friendly large aircrafts. By leveraging innovative business models, technologies and management philosophies, the Company hopes to make breakthroughs in large aircrafts’ core technologies, therefore achieving R&D and business successes in regional and large aircrafts and becoming first-class commercial aircraft manufacturers with independent knowledge patent and global competitiveness. For more information on COMAC, please visit http://www.comac.cc/.

About PTC

PTC (Nasdaq: PMTC), The Product Development Company®, develops, markets and supports product development software solutions and related services that help companies achieve their product development strategies and optimize their processes. Using the company’s tightly integrated CAD and enterprise PLM solutions, organizations are better able to create and manage product information throughout the lifecycle for optimal product development success. More information may be found at www.ptc.com.

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The announcement of any particular selection of PTC software is not necessarily indicative of the timing of recognition of revenue therefrom or the level of revenue for any particular period. In addition, in many cases PTC’s software must be successfully implemented and deployed to enable the customer to achieve its business objectives. The announcement of a customer’s selection of PTC software does not indicate that applicable implementation and deployment activities are complete.



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