NEEDHAM, MA. – November 3, 2010 - PTC (Nasdaq: PMTC), The Product Development Company®, today announced that NCR Corporation has selected Pro/ENGINEER® ( now Creo™ Elements/Pro™), PTC’s design software, and Windchill®, PTC’s PLM software to consolidate its data environment and enable faster global product development and innovation.
The implementation is part of NCR’s corporate strategy to converge on one design platform and to establish an enterprise-wide repository for design data management. This strategy will help drive innovation across the company and bring next-generation innovations in self-service technology to market faster.
Together, Pro/ENGINEER (now Creo Elements/Pro) and Windchill provide a standard design platform and global design data management system for NCR. The design platform and consolidated data environment means fewer systems to support and maintain, enables management to apply resources to the most critical projects, lowers operating costs and enhances collaboration and round-the-clock design and development.
“Today more than ever, data management and product development are critical to achieving global success,” said Kathleen Mitford, vice president, product market and strategy, PTC. “We are excited to work with NCR, as through this newly optimized global environment the company is able to further strengthen its geographic presence.”
About NCR Corporation
NCR Corporation (NYSE: NCR) is a global technology company leading how the world connects, interacts and transacts with business. NCR’s assisted- and self-service solutions and comprehensive support services address the needs of retail, financial, travel, healthcare, hospitality, entertainment, gaming and public sector organizations in more than 100 countries. NCR ( www.ncr.com) is headquartered in Duluth, Georgia.
About PTC ( http://www.ptc.com)
PTC (Nasdaq: PMTC), The Product Development Company®, develops, markets and supports product development software solutions and related services that help companies achieve their product development strategies and optimize their processes. Using the company’s tightly integrated CAD and enterprise PLM solutions, organizations are better able to create and manage product information throughout the lifecycle for optimal product development success.
The announcement of any particular selection of PTC software is not necessarily indicative of the timing of recognition of revenue therefrom or the level of revenue for any particular period. In addition, in many cases PTC’s software must be successfully implemented and deployed to enable the customer to achieve its business objectives. The announcement of a customer’s selection of PTC software does not indicate that applicable implementation and deployment activities are complete.
PTC and its logo, The Product Development Company, Pro/ENGINEER, Creo Elements/Pro, Windchill 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.