Inauen-Schaetti Standardizes on PTC CoCreate

NEEDHAM, Mass.—(BUSINESS WIRE)—October 14, 2008— PTC (Nasdaq: PMTC), The Product Development Company®, today announced that Inauen-Schaetti, the international leader in development and construction of cable lift systems, has standardized on CoCreate, PTCs explicit modeling and data management software that provides companies with a lightweight and flexible approach to designing products. Inauen-Schaetti uses CoCreate Modeling and CoCreate Model Manager for ultimate design flexibility and efficient project management of all its products. ACADIS partner, COP Informatik AG, implemented the solutions and provides complete support to the company.

Inauen-Schaetti, based in Schwanden, Switzerland, designs cable systems, masts and gondola stations for ski lifts, monorail lift systems, inclined elevators for mountainous terrain, transport systems for tunnel drilling, and controlled avalanche detonation machinery for customers on all of the continents. Designing these extremely unique systems is a highly iterative and open process as each system must be tailored to fit the mountain type, size, shape, terrain and weather conditions.

Inauen-Schaetti selected and deployed CoCreate Modeling to take advantage of its explicit modeling approach for product design. CoCreate Modeling offers the broadest possible flexibility to easily make radical changes to models at any time throughout the design process. Inauen-Schaetti also uses CoCreate Model Manager in conjunction with CoCreate Modeling for fail-proof project management, collaboration and control of design data across its sites worldwide. The company says that in addition to the immeasurable success CoCreate Modeling has brought, CoCreate Model Manager has reduced project length by 15-20 percent.

We are regularly faced with tough challenges. Every project is unique, every system is a prototype, said Urs Thali, head of CAD design at Inauen-Schaetti. We could not work without the flexibility that explicit modeling gives us to continually try new ideas, alternative solutions, and to make the last minute changes that our type of projects require. Even though we are a fairly small company, PTC CoCreate makes us enormously competitive and successful globally. We couldnt imagine working without the CoCreate product family.

The nature of Inauen-Schaettis business and their design strategy literally demands PTC CoCreate, said Martin Neumueller, CoCreate product management director. It is our pleasure to provide the solutions that make Inauen-Schaetti a global success.

About Inauen-Schaetti

Inauen-Schaetti AG combines proximity to nature and robustness, technical advances and engineering, as well as safe and economical solutions into a perfect partnership for customers. The experience and strength in innovation stem from the two enterprises Schaetti AG and Math. Streiff AG formed the basis for the establishment of Inauen-Schaetti AG by Arno and Bruno Inauen together with Albert Schaetti in 1997. Inauen-Schaetti AG is a family owned business with headquarters in Schwanden, Switzerland, where offices, development and engineering department, and manufacturing facilities are located. A service and storage facility is located in Siebnen, Switzerland. Inauen-Schaetti is present on all continents. For more information, please visit www.seilbahnen.ch

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 include: the successful development and integration of the technology necessary to support an integrated Product Development System that adequately responds to the evolving design, collaboration, and development process automation requirements of our customers; continued growth in the adoption of PLM solutions; and our effective coordination and manage joint activities (including development, integration, sales, marketing, implementation and support) with strategic technology partners to deliver and support a suite of multiple PLM solutions 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 the implementation of PTC solutions 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, CoCreate, CoCreate Modeling, CoCreate Model Manager 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.



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