Maserati and PTC Renew Partnership

NEEDHAM, Mass.—(BUSINESS WIRE)—April 10, 2006— PTC (Nasdaq: PMTC), the Product Development Company(TM), today announced that Maserati Corse, the racing department of the Italian car manufacturer Maserati, has renewed its commitment to deploy the PTC Product Development System for another three years. The agreement qualifies PTC as a Technical Partner and Official Supplier enabling Maserati to effectively manage the whole product lifecycle of its racing cars with PTC solutions. Maserati Corse and PTC have been partnering since 2003, when Maserati decided to rejoin the racing circuit. The PTC Product Development System, a combination of Pro/ENGINEER(R), Windchill(R) ProjectLink(TM) and Windchill PDMLink(TM) supports the Maserati engineering team in creating great racing cars derived from street cars, while effectively collaborating and controlling the digital product structure throughout the lifecycle of the vehicles.

"The PTC Product Development System helped us to reduce our development time dramatically as well as improving our internal change process," said Claudio Berro, technical director of Maserati Corse. "Thanks to the use of Windchill, information collected over the course of the entire development process - in design, production, testing, and even during the actual race - can be easily accessed to make necessary changes fast, which is a key to our racing success."

Maserati transformed the benefits of using PTC solutions into great successes: last year Maserati MC12 participated in the ALMS races in the United States, and Maserati won the Manufacturer's Cup in the 2005 FIA GT Championship and the 24 Hours of Spa; the Trofeo GranSport model was used in the championship devoted to gentlemen drivers; and the Trofeo Light model won the Italian GT championship in its category. "About 40 percent of our success can be linked to our digital product development processes powered by PTC solutions," confirmed Berro.

During the next three years, Pro/ENGINEER will be used for the complete design activities at Maserati Corse. The powerful and advanced capabilities of Pro/ENGINEER enable Maserati Corse to develop race cars like the MC12 in record time based on the latest automotive technologies. Furthermore, Windchill PDMLink delivers key content and process management capabilities, enabling critical function control and lifecycle tracking of each race car component.

"The development of racing cars can be seen as a microcosm of the development process in the automotive industry. Maserati's ongoing commitment to PTC demonstrates how our product development system supports the increasingly complex and innovation-driven development processes for the entire automobile," said Carsten Hochmuth, director PTC partner program.

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

About Maserati

Officine Alfieri Maserati was founded on 1 December 1914 in Bologna, Italy. Since then, Maserati has played an important role in the history of sports car culture and its development. In early 2005, ownership of Maserati was transferred from Ferrari to Fiat Group. Today Maserati has representatives in 57 countries. Besides being present in the most important markets with high-class and sophisticated models such as the Quattroporte and GranSport, Maserati also made a successful comeback to the world of racing thanks to the MC12 (in the FIA GT and ALMS championships), the Trofeo (in the single-make race for gentlemen drivers in Europe and Brazil) and the Trofeo Light (in the Italian GT and the Grand-Am). For more information, please visit and

About PTC Solutions for the Automotive Industry

PTC solutions for automotive are designed to meet the product design and product life cycle management needs of both OEMs and suppliers in the automotive industry. PTC provides 3D design, product data management and collaboration solutions to over 1400 automotive manufacturers including 8 of the top ten suppliers and 3 of the top 5 OEMs.

About PTC

PTC (Nasdaq: PMTC) provides leading product lifecycle management (PLM), content management and dynamic publishing solutions to more than 40,000 companies 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 500 and Russell 2000 indices. For more information on PTC, please visit

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 ability of PTC to successfully attract and enter into relationships with strategic partners, and effectively coordinate and manage sales, marketing, implementation, support and customer service activities with these third parties in order to help prospective customers understand the benefits of our PLM solutions, including interoperability, quality, return on investment and value creation, together with such other risks and uncertainties as are detailed from time to time in reports filed by PTC with the Securities and Exchange Commission, including PTC's most recent reports on Form 10-K and 10-Q.

PTC and its logo, The Product Development Company, Pro/ENGINEER, Wildfire, Windchill, Windchill ProjectLink, Windchill PDMLink 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.

Nicole Rowe, 781-370-6369
Corporate Communications Europe

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Amanda Keane, 617-520-7260

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