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PTC Introduces ProductView Visual Collaboration Software, Represents New Generation of Unified, Scalable Visualization Platform

NEEDHAM, Mass.—(BUSINESS WIRE)—June 2, 2008— PTC (Nasdaq: PMTC), The Product Development Company®, today introduced ProductView 9.1, the newest version of PTCs visual collaboration software. With its breakthrough performance gains, intuitive task-focused user interface and unique MCAD-ECAD collaboration capabilities, this release enables a customer to gracefully adapt to their changing visual collaboration needs without having to install disparate tools or develop custom integrations. PTC is the only company that offers one scalable visual collaboration platform, which also contributes to a broader, integral PTC® Product Development System (PDS). ProductView 9.1 accelerates a manufacturers ability to gain product insight in order to improve decision making and reduce time to market of new products.

Product development is a highly visual activity and manufacturers have often struggled with multiple technology solutions to support the various forms and complexity levels of visual information required by different stakeholders. PTCs ProductView 9.1 alleviates these challenges by offering an ultra scalable visual collaboration platform that supports customer needs ranging from simple desktop viewing to the interactive exploration of massive million part digital mockups. Its scalability means that ProductView 9.1 allows for loading volumes of viewable data previously unachievable, increases overall productivity with superlative performance, and extracts the most value from customers existing hardware investment.

Additionally with this release, the ProductView 9.1 family achieves an industry-first through its support of the ProSTEP IDX (Interdomain Design Exchange) standard. With this capability, PTC becomes the first provider of mechanical computer-aided-design (MCAD) solutions to adhere to this openly defined method for communicating incremental design changes bi-directionally between the mechanical and electrical domains. This optimizes customers ability to preview and assess the potential cross-functional impact of design changes and avoid costly errors.

ProductView MCAD Professional, a key component of the ProductView 9.1 family, offers the following new capabilities and usability enhancements:

The ultra-scalable architecture of PTCs ProductView 9.1 clearly demonstrates superlative performance for opening and displaying large 3D models, said Jeff Zemsky, PLM program manager, PlugPower. The new user interface provides more capability and power while making many tasks easier. This release truly establishes PTC as the foremost provider of visual collaboration software.

During this past year, PTC has been working to consolidate its Division® and InterComm® products under the umbrella of ProductView, providing customers one complete platform for visual collaboration, said James Heppelmann, executive vice president and chief product officer, PTC. ProductView 9.1 is a significant milestone towards realizing our vision of providing industry-leading solutions for digital development activities that require intensive visual display and manipulation. PTC customers deploying the new ProductView MCAD Professional solution will accelerate their ability to gain product insight and improve decision making ability two critical aspects of optimizing product development processes.

ProductView 9.1 and ProductView MCAD Professional Product Availability

ProductView 9.1 and ProductView MCAD Professional is scheduled to be available September 2008. The timing of any product release, including any features or functionality, is subject to change at PTCs discretion.

About PTC

PTC (Nasdaq: PMTC) provides leading product lifecycle management (PLM), content management and dynamic publishing solutions to more than 50,000 companies worldwide. PTC customers include the world's most innovative companies in manufacturing, publishing, services, government and life sciences industries. PTC is included in the S&P Midcap 400 and Russell 2000 indices. For more information on PTC, please visit http://www.ptc.com.

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. Such risks include the ability of PTC to develop the technologies necessary to deliver products and services that allow customers to implement an integrated and comprehensive product development system across an extended enterprise; the success of our initiatives to facilitate our customer's understanding of the benefits of our product development system, including interoperability, quality, enhanced productivity, return on investment and value creation; PTCs ability to continue to meet evolving customer visualization requirements within various vertical industries; and the success of PTCs customer satisfaction initiatives in providing the foundation for long-term relationships and repeat business, as well as those that are detailed from time to time in reports filed by PTC with the U.S. Securities and Exchange Commission, including PTCs most recent reports on Form 10-K and 10-Q.

PTC and its logo, The Product Development Company, ProductView, Pro/ENGINEER, Wildfire, DIVISION, InterComm 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. Microsoft is a registered trademarks of Microsoft Corporation.



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PTC
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Nicole Rowe, 781-370-6369
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For PTC
Weber Shandwick
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