PTC Program Receives Top Honors From VARBusiness Magazine

NEEDHAM, Mass.—(BUSINESS WIRE)—April 30, 2007— PTC (Nasdaq: PMTC), the Product Development Company(R), today announced that Robert (Bob) Kocis, divisional vice president, Worldwide Channel Sales has been recognized by VARBusiness magazine as a Top 25 Channel Executive to Watch. Additionally, the PTC Channel Advantage Program was certified as a 5-Star Partner program acknowledging its commitment and strength of its programs for IT integrators, resellers and consultants.

"The channel is a collaboration between vendors and solution providers, and a good channel executive is one that helps set the business agenda and enables partners for mutual success," said VARBusiness Editor Lawrence M. Walsh. "VARBusiness recognizes Bob Kocis as a channel chief that goes above and beyond to ensure PTC's partners have the support, tools, training and technology to service their customers and grow their businesses."

Of the 250+ vendor-program entries reviewed for the past year, only 60 companies received the coveted five-star rating in the magazine's 13th annual Partner Programs Guide issue. "Nowadays, the structure of vendor channel programs is too often reduced to a checklist of must-have elements. The VARBusiness 5-Star Partner Program honor recognizes those select vendors, like PTC, who have the programmatic structure to best serve their solution providers in their specific market segments and technologies. These programs reflect vendors who have built channel programs that have the capacity to execute on key elements for channel success," says Walsh.

"It's rewarding to see Bob Kocis recognized for his outstanding leadership and contribution to the growth of the PTC reseller channel, a key component of our distribution model," said Paul Cunningham, executive vice president, worldwide sales and distribution. "Our resellers are achieving great success in their business objectives, which helps fuel PTC's success. In fiscal 2006, total revenue from the PTC reseller channel grew 24% to $171.5 million. PTC is committed to continuing to provide a best-in-class partner program that helps our resellers grow their businesses and exceed customer expectations."

About VARBusiness Magazine

For the past 20 years, VARBusiness' strategic resources have been the gateway to the Solution Provider community. VARBusiness provides strategic insight for technology integrators through industry-defining research, in-depth editorial, channel events and innovative Web services, enabling these IT professionals to make educated decisions for their businesses, partnerships and customers. VARBusiness has been the recipient of numerous industry awards for both editorial content and design. Additional information about VARBusiness products, events and services, is available at its Web site, www.varbusiness.com.

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 Midcap 400 and Russell 2000 indices. For more information on PTC, please visit www.ptc.com

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PTC
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Email Contact
or
For PTC
Weber Shandwick
Amanda Keane, 617-520-7260
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