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AMECO Beijing Implements PTC Arbortext to Improve Aircraft Maintenance, Repair, and Overhaul Efforts

PTC Arbortext Product Information Delivery Software Enables AMECO to Create, Manage and Deliver Accurate, Timely MRO Information

NEEDHAM, Mass.--(BUSINESS WIRE)--PTC (Nasdaq: PMTC), The Product Development Company®, announced that Aircraft Maintenance and Engineering Corporation (AMECO Beijing), the first and largest civil aircraft maintenance joint venture of Civil Aviation Administration of China (CAAC) in the aviation sector, has successfully deployed Arbortext, PTC’s product information delivery software for the timely and accurate update of its Maintenance, Repair and Overhaul (MRO) related manuals, greatly improving the company’s ability to quickly and efficiently service aircraft.

AMECO’s main business includes maintenance and overhaul services for the main body, engine and components of western-manufactured aircraft. It also provides technical services and trainings. In recent years, China’s aviation industry has witnessed rapid growth. Airline companies and MRO enterprises need to adopt advanced technology to enhance the management of technical publications, changes and configurations in order to improve security, compliance and maintain development momentum. Additionally, many airline companies must also generate, update and maintain internal manuals and documents every three to four months. AMECO was looking for a stable, scalable advanced platform to meet these challenges.

The most important consideration for AMECO was a dynamic content management and publishing system that could generate and manage large volumes of documents, manuals and publications that the company relies on for its business. PTC’s Arbortext software allows AMECO to manage and publish all its MRO information dynamically through a unified system that complies with many aerospace industry standards like S1000D. In addition, the Arbortext software supports content reuse across AMECO technical manuals. Once the information is created, it is stored in a central content management system that is accessible to everyone who is responsible for creating and maintaining the MRO materials. As a result, editors do not need to spend time searching for or recreating information that already exists, which improves data accuracy and reduces the publishing cycle of updated versions to its MRO manuals.

“PTC has helped AMECO standardize its editing, approval and publishing processes for our technical MRO documents,” said Gan Desheng, IT manager, AMECO. “PTC is one of the best suppliers I’ve cooperated with. The in-depth industry knowledge and dedication of PTC senior executives and employees have deeply impressed us, and their products and services fully meet our demands. We look forward to a long-term cooperation with PTC.”

“We are pleased to provide AMECO with a single solution for their MRO related maintenance manuals. Information quality and the capability to deliver aircraft- specific information to its service technicians will enable AMECO to be successful with its goal to improve information quality and reduce MRO times,” said Chris Krechting, vice president Airline and MRO Sales, PTC. “We are pleased to be working with AMECO as they strive towards this goal and look forward to remaining a long-term strategic partner with them.”

About AMECO

Aircraft Maintenance and Engineering Corporation (AMECO Beijing), located at Beijing Capital International Airport, is a joint venture between Air China Limited and Lufthansa. AMECO Beijing was established on August 1st, 1989 with Air China Limited holding 60% and Lufthansa 40% of the registered capital. The registered capital is USD 187.53 million and the joint venture agreement was signed for 40 years. Up to now, AMECO Beijing services more than 80 domestic and international customers.

About PTC

PTC (Nasdaq: PMTC) provides leading product lifecycle management (PLM), content management and dynamic publishing solutions to more than 50,000 organizations 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. These risks and uncertainties include: the successful development and integration of the technology necessary to offer integrated solutions that adequately responds to the evolving dynamic enterprise publishing, data management and regulatory requirements of airlines and our customers within the aviation industry; PTC’s ability to extend our solutions, including the Arbortext suite of solutions, to vertical industries beyond the discreet manufacturing verticals traditionally served by PTC; and the market for, and customer adoption of, dynamic enterprise publishing may not grow as quickly as PTC expects, 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. The announcement of any particular selection of PTC products is not necessarily indicative of the timing of recognition of revenue therefrom or the level of revenue for any particular period.

PTC and its logo, The Product Development Company, Arbortext and 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.