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PTC Continues Commitment to Automotive Industry with Enhanced Safety Standard Certifications

PTC Integrity Development Processes Achieve Capability Level 2 Against Automotive SPICE and PTC Integrity Fit for Purpose for ISO 26262 Compliant Development

NEEDHAM, Mass. — (BUSINESS WIRE) — April 8, 2013 — PTC (Nasdaq: PMTC) today announced it continues its commitment to the automotive industry standards that help automotive manufacturers comply with key industry safety related systems. The latest release of PTC Integrity software has been certified as Fit for Purpose for functional safety development in alignment with IEC 61508 and ISO 26262 (functional safety standard for passenger vehicles). In addition, the PTC Integrity development organization has achieved Capability Level 2 under the Automotive SPICE (Software Process Improvement and Capability Determination) framework.

“Automotive development organizations are managing complex requirements for embedded software in their products,” said Jake Simpson, divisional general manager, ALM segment, PTC. “Continuing to certify PTC Integrity with automotive safety industry standards like A-SPICE and ISO 26262 will help our customers comply with functional safety standards to ensure safe software development processes.”

PTC Integrity is an application lifecycle management solution that manages all global software development processes and connects all software engineering artifacts, including requirements, models, code, and testing, to ensure comprehensive lifecycle traceability.

A-SPICE is a framework for designing and assessing software development processes. When implemented effectively, it leads to better processes and better product quality. It also helps to improve the cooperation among complex supply chains and between globally distributed development and engineering centers. Method Park, a global consulting company, has assessed the PTC Integrity development processes at Capability Level 2.

TÜV SÜD Automotive, a global leader in technical certification services, has certified that PTC Integrity is fit for the purpose to develop safety-related systems for use in ISO 26262 and IEC 61508 compliant development processes. This independent assessment of PTC Integrity single platform approach and software change and configuration management, requirements management and test management capabilities enables automotive engineering organizations developing safety-related embedded systems to qualify the tool chain being used to produce these systems up to ASIL-D or SIL3, the most stringent levels of safety function as defined by the standards.

PTC Integrity has an open architecture to integrate disparate tools into a streamlined software system engineering process to allow orchestration of software change and collaboration across the technology supply chain. With PTC Integrity, development teams can improve productivity and quality, streamline compliance and gain complete product visibility, which ultimately drives more innovative products into the market.

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About PTC

PTC (Nasdaq: PMTC) enables manufacturers to achieve sustained product and service advantage. The company’s technology solutions help customers transform the way they create and service products across the entire product lifecycle – from conception and design to sourcing and service. Founded in 1985, PTC employs over 6,000 professionals serving more than 27,000 businesses in rapidly-evolving, globally distributed manufacturing industries worldwide. Get more information at www.ptc.com.

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