PTC To Host Media/Analyst Event And Webcast

NEEDHAM, Mass.—(BUSINESS WIRE)—May 31, 2006— PTC (Nasdaq: PMTC), the Product Development Company(TM), today announced that it is hosting a media and analyst event and Webcast on June 5, 2006 in conjunction with the 2006 PTC/USER World Conference in Dallas, TX. At the event, C. Richard Harrison, president and chief executive officer, Jim Heppelmann, executive vice president and chief product officer, and Neil Moses, executive vice president and chief financial officer, will discuss PTC's corporate, product and financial strategy. The event will also feature a variety of customer panels, as well as product information, including the integration of Windchill(R) and Arbortext(R) products.

Presentations on June 5, 2006 will be available via live Webcast and archived for public replay for a period of five (5) business days from the date of the presentation. The Webcast of PTC executive presentations will begin at 8:30 a.m. CT (9:30 a.m. ET). A formal executive question-and-answer session will be Webcast at 1:15 p.m. CT (2:15 p.m ET), followed by industry-leading customer panels. To access the Webcast of the presentations, please visit www.ptc.com/for/investors.htm.

The event will include management discussion of PTC's business and outlook which may include material projections and other forward-looking statements regarding PTC's anticipated financial results and growth, as well as the development of PTC's products and markets and other future events. Please note that statements in the presentation are as of the date of the presentation and PTC does not assume any obligation to update any statements made or the archived presentation. In addition, matters discussed may include forward-looking statements about PTC's anticipated financial results and growth, as well as about the development of products and markets, which are based on current plans and assumptions. Actual results in future periods may differ materially from current expectations due to a number of risks and uncertainties, including those described from time to time in reports filed by PTC with the U.S. Securities and Exchange Commission, including PTC's most recent reports on Form 10-K and Form 10-Q.

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 http://www.ptc.com.

PTC, The Product Development Company, Windchill, Arbortext, 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. All other companies and products referenced herein have trademarks or registered trademarks of their respective holders.



Contact:
PTC    
Media Contact:                   
Nicole Rowe, 781-370-6369           

Email Contact
    or
Investor Contact:          
Meredith Mendola, 781-370-6151               

Email Contact



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