Richard Childress Racing Team Uses PTC Software to Speed Development of NASCAR’s Sprint Cup Series Winning Car

NEEDHAM, Mass.—(BUSINESS WIRE)—February 17, 2009— PTC (Nasdaq: PMTC), The Product Development Company®, today announced that Richard Childress Racing (RCR), whose cars are designed and developed using PTC’s industry-leading Pro/ENGINEER parametric MCAD/CAM/CAE software, has claimed victory at the Budweiser Shootout, NASCAR’s Sprint Cup Series exhibition event which took place Saturday, February 7, 2009 at Daytona International Speedway in Daytona Beach, Florida.

PTC software is used by RCR in all aspects of race car design, engineering, and manufacturing and directly contributed to RCR’s No. 29 car victory at the 2009 Daytona Shootout. The entire chassis that won the 2009 Budweiser Shootout was designed using Pro/ENGINEER. Pro/ENGINEER is used to assemble and move the suspension mechanism to check for proper travel and clearance issues. All structural analyses for critical components such as spindles, lower control arms and seat belt mounts are performed utilizing Pro/ENGINEER. Furthermore, Pro/ENGINEER helps RCR reduce the weight of their components while maintaining the proper strength. Pro/ENGINEER is also used to create the CNC program for each part, which enables RCR designers to make changes without requiring the programmer to reprogram the entire part and can save valuable time during the development of the car.

“We use PTC Pro/ENGINEER as the standard for the RCR team race cars because it enables us to design and deliver a competitive NASCAR vehicle under considerable time and cost constraints,” said Clifton Kiziah, senior engineer, RCR. “PTC provides RCR with powerful, integrated 3D design and development software that allows RCR engineers to develop everything from concept to manufacturing within one solution. We look forward to continuing our work with PTC solutions.”

"PTC congratulates Kevin Harvick and the RCR team for its 2009 Daytona Shootout victory,” said Michael Campbell, senior vice president product management, PTC. “RCR’s use of PTC solutions for development and optimization of their NASCAR race car is just another example of how valuable the use of PTC technology is to helping racing teams achieve razor thin performance improvements. We’re pleased RCR was able to achieve this victory with a car designed and developed with Pro/ENGINEER.”

From Formula 1 to NASCAR to America's Cup sailing, the world's best performance teams use PTC solutions to support their advanced and demanding design, development and manufacturing projects.

About Richard Childress Racing

Richard Childress Racing ( www.rcrracing.com) has earned more than 180 victories and 12 NASCAR championships, including six in the Sprint Cup Series with the legendary Dale Earnhardt. RCR was the first organization to win championships in the Sprint Cup Series, Nationwide Series and Camping World Truck Series. Its 2009 Sprint Cup Series lineup includes Casey Mears (No. 07 Jack Daniel’s), Kevin Harvick (No. 29 Shell-Pennzoil), Jeff Burton (No. 31 Caterpillar) and Clint Bowyer (No. 33 Cheerios/Hamburger Helper/BB&T). Its 2009 Nationwide Series lineup includes Bowyer, Burton and Stephen Leicht (No. 29 Holiday Inn/Holiday Inn Express).

About PTC

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. For more information on PTC, please visit http://www.ptc.com.

PTC, The Product Development Company, and Pro/ENGINEER are trademarks or registered trademarks of Parametric Technology Corporation or its subsidiaries in the United States and other countries.



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