PTC (Nasdaq: PTC) is a global provider of technology platforms and enterprise applications for smart and connected products, operations, and systems. PTC’s enterprise applications serve manufacturers and other businesses that create, operate and service products. Led by its award winning ThingWorx application enablement platform, PTC’s platform technologies help companies deliver new value emerging from the Internet of Things. An early pioneer in Computer Aided Design (CAD) software, PTC today employs more than 6,000 professional serving more than 28,000 businesses worldwide.
Forward Looking Statements and Risks
Statements in this
press release about the expected combination and the benefits of the
combination of PTC and Cedar and the opportunities created for us and
our customers by the combination of the PTC and Cedar technologies are
forward-looking statements that involve risks and uncertainties that
could cause actual results to differ materially. Such risks and
uncertainties include the following: the acquisition may not close as or
when we expect, customers may not purchase the solutions or the combined
solution when or at the rates we expect, we may be unable to
successfully integrate the technologies or to develop planned
applications when or as we expect, we may be unable to operate the
business to achieve the expected financial results, we may be unable to
retain and maintain relationships with key employees and strategic
partners of Cedar, as well as other risks and uncertainties described in
reports we file with the Securities and Exchange Commission, including
our Annual Report on Form 10-K and our Quarterly Reports on Form 10-Q.
PTC, the PTC logo and ThingWorx are trademarks or registered trademarks of PTC Inc. or its subsidiaries in the United States and in other countries.
Contact:
Media:
PTC Corporate Communications
Eric Snow,
617-913-9719
Email Contact
or
Investor:
PTC
Investor Relations
Tim Fox, 781-370-5961
Email Contact
