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PTC Expands Technology Leadership with Enhanced Product Development System Capabilities

NEEDHAM, Mass. — (BUSINESS WIRE) — June 8, 2009 PTC (Nasdaq: PMTC), The Product Development Company®, today announced new and enhanced capabilities for many of its product lines, including its Windchill®, Arbortext®, ProductView™, and Insight® software solutions, all critical components of the PTC® Product Development System (PDS). The PTC PDS provides a complete, scalable product development platform that leverages PTC's unique combination of strengths to help companies achieve their corporate goals through product development process optimization. These new enhancements are being delivered during June-July 2009 so that customers can take immediate advantage of the improvements, increasing the value delivered by the PDS and extending PTC’s technology leadership.

Windchill®

PTC continues to enhance Windchill® to give customers greater content and process management capabilities with the following new features:

According to the recent Aberdeen Group Report “Product Lifecycle Management (PLM) Solutions Axis for Hardgoods Manufacturers, Q2, 2009” PTC ranks first among PLM Solution providers on market readiness and value delivered to customers. The report cites PTC’s architectural and development strategy, the overall capabilities of Windchill, and its synergy and integration with other applications within the PDS. “From a product perspective, PTC has continuously invested heavily in the organic development of products based on Windchill, resulting in a broad and deep solution. As a result, Windchill supports and enables core product development processes of manufacturers today.”

Arbortext®

Arbortext IsoDraw®7.1 will now be fully integral with Windchill PDMLink® to provide the industry’s only solution to track and manage the entire associative relationship between original CAD designs, related 2D and 3D illustrations and the associated product information used for the operation, service and maintenance of equipment. This integration ensures that illustrations are updated and introduced in-line with product updates in a managed way.

In addition, the latest release of Arbortext will include usability and interoperability improvements that will enhance end-to-end product information delivery. This includes:

ProductView™

PTC’s free, downloadable release of visual collaboration software, ProductView Express, is now built on the same high-performance architecture as ProductView MCAD Professional. ProductView Express 9.1 not only provides import and viewing of individual Pro/ENGINEER® and other CAD-based ProductView files without requiring authoring software, it also delivers unparalleled visualization capabilities for both large and small assemblies. With ProductView Express, users can spin, pan, and zoom parts and assemblies, as well as review markups and other product manufacturing information to enable 3D collaboration across the entire supply chain.

InSight®

InSight Environmental Compliance, a module of PTC’s product analytics software, will be integrated with Windchill PDMLink 9.1 to provide a solution that tracks and manages compliance requirements that are relevant to a product configuration. As companies are now faced with a growing set of standards and environmental compliance regulations, this new integration allows engineers to verify that their product is compliant with evolving regulations such as REACH, RoHS, and WEEE.

Expanding Technology Leadership Throughout Product Development

Product development innovation requires the support of technology solutions that are powerful, scalable and rich in capabilities. Since its inception, the PTC PDS has continually evolved to anticipate and support the ever changing landscape of customer requirements. It provides a unified platform of independently great products that work well together to support the upstream, downstream and core product development activities of today’s manufacturers.

“PTC continues to execute its unique PDS strategy with the delivery of new capabilities that address the product development challenges facing our customers,” said Brian Shepherd, executive vice president, product development, PTC. “These PDS enhancements allow customers to enjoy incremental benefits that help them achieve their product development objectives.”

Availability

The new capabilities are planned to be available during June and July 2009 except for Windchill RequirementsLink which will be available during Calendar Q4 FY2009. *

*The timing of any product release, including any features or functionality, is subject to change at PTC’s discretion.

To learn more about these and other PTC products, visit the products pages on www.ptc.com.

Tune in to www.ptc.com/events/ptcuser09 for real-time event coverage through Tweets and Blogs from PTC staff and event attendees. We’ll be tagging all event Tweets with #ptcuser09. Follow PTC on Twitter @Did_You_Know.

About PTC ( http://www.ptc.com)

PTC (Nasdaq: PMTC) provides discrete manufacturers with software and services to meet the globalization, time-to-market and operational efficiency objectives of product development. Using the company’s CAD, and content and process management solutions, organizations in the Industrial, High-Tech, Aerospace and Defense, Automotive, Consumer and Medical industries are able to support key business objectives and create innovative products that meet both customer needs and comply with industry regulations. To see PTC products in action go to http://www.youtube.com/user/ptcstudio.

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 an integrated and flexible product development system solutions that is able to adequately respond to the evolving requirements of customers in multiple vertical industries; PTC’s ability to extend our solutions and provide functional enhancements in a timely fashion to maintain our competitiveness; PTC’s ability to retain and maintain relationships with key employees, customers and other strategic partners providing the foundation for long-term relationships and repeat business; our ability to effectively utilize our resources to undertake one or more strategic corporate development initiatives while maintaining recurring operations at satisfactory levels; 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.

PTC and its logo, The Product Development Company, Pro/ENGINEER, Wildfire, Windchill, ProductPoint, Arbortext, Mathcad, CoCreate, CoCreate Modeling, CoCreate Model Manager, CADDS, Windchill ProjectLink, Windchill PDMLink, Windchill PartsLink, Windchill DynamicDesignLink Windchill MPMLink, Windchill RequirementsLink; ProductView, Optegra, InterComm, IsoDraw, IsoView, FlexPLM, ProductPoint, InSight and all PTC product names and logos are trademarks or registered trademarks of Parametric Technology Corporation and/or its subsidiaries in the United States and in other countries. Microsoft and SharePoint are registered trademarks of Microsoft Corporation. Unigraphics and I-deas are registered trademarks of Siemens Product Lifecycle Management Software Inc. Catia is a registered trademark of Dassault Systèmes. SolidWorks is a registered trademark of Dassault Systèmes SolidWorks Corp. Names of other products mentioned in this document may be trademarks or registered trademarks of their respective owners.

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