PTC PLM Supports Electronics and High Tech Industry

NEEDHAM, Mass.—(BUSINESS WIRE)—May 1, 2007— PTC (Nasdaq: PMTC), the Product Development Company(R) today announced that in the past 12 months, 173 organizations have licensed PTC Product Lifecycle Management (PLM) solutions to support their electronics product development goals. High Tech customers selecting Windchill for their PLM needs range from the largest and most successful consumer electronics, computer, telecommunications equipment, semiconductor manufacturing equipment, semiconductor, ODM and contract manufacturers to rapidly growing small and medium sized businesses across the globe. Today, all 30 of the top electronics and high tech customers by revenue use PTC(R) solutions.

Intense time to market requirements and an unrelenting pursuit of innovation are pressuring electronics and high tech organizations to advance their product development processes. "As a result of this fiercely competitive environment, ASE Group must continuously scrutinize our product development processes and evaluate how to increase productivity and improve quality while delivering better support to our customers," said Dr. Mingcheng Sheng, vice general manager, ASE Kaohsiung Information Center, ASE Group, the world's largest provider of independent semiconductor manufacturing services in assembly and test. "As a result, we decided to work with PTC to optimize our technology infrastructure to support our business objectives of doing the maximum with the minimum."

The PTC Product Development System (PDS) is uniquely able to support organizations like ASE Group by providing the following advantages:

-- A single, comprehensive PLM system that helps prevent late-stage changes by supporting the entire process starting from early-stage product development

-- Process centric solutions that tie technology to best practices in high tech product development

-- Synchronization of electrical, mechanical, software and technical publications development, and collaboration across these disciplines

-- Component management solutions that enable designers to design for environmental regulatory compliance and supply chain from the beginning

-- Collaboration with distributed development, suppliers and customers with a single, scalable solution

"Electronics and high tech companies continue to struggle with creating the most effective global product development strategies, often trying to manage both design and manufacturing through a heavily outsourced value chain," said Chad Hawkinson, vice president, product strategy, electronics, PTC. "PTC is focused on providing solutions that alleviate this burden and streamline the creation of innovative products by enabling mechanical, electrical and software designers to work better together to make more informed decisions at the beginning of the development process, reducing late-stage changes and improving product quality."

A partial list of electronics and high tech customers that have recently licensed PTC PLM solutions includes:

Arima Computer Corp., Arima Communication Corp., ASE Group, Asustek Computer Inc., Asyst Technologies Inc., AT&T Services Inc., Bose Corp., Chi Mei Communication Systems, Chi Mei Optoelectronics Corp., China Electronics Technology, Comba Telecom Systems Holding Limited, Compal Electronics, Inc., CSMC Technologies Corp., Daktronics Inc., Dell, EMC2 Corp., Emerging Display Technologies Corp., Hitachi High Tech Electronics Engineering, Hon Hai Precision Industry Co. Ltd, Huawei Technologies Co., Ltd., Intel Corp., iRobot Corp., LG Philips LCD Co., Mitsubishi Electric Corp., Motorola Inc., Nortel Networks, Omron Network Applications Co., Pantech C&I Co., Psion Teklogix Ltd., RF Micro Devices, Samsung Electronics, Taiwan Green Point Enterprises, TCL & Alcatel Mobile Phones, Texas Instruments Inc., Tyco Electronics, Unisys Corp., and Varian Semiconductor Equipment.

About PTC Solutions for Electronics & High Tech

PTC solutions for electronics & high tech are designed to meet the product lifecycle management requirements of electronics manufacturers. These solutions include product development process and data management, electronic verification and collaboration, environmental regulatory compliance (RoHS, WEEE, etc.) and 3D mechanical design. PTC has over 3,000 high tech customers, including the top 30 electronics manufacturers across the globe.

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

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 include: the successful development and integration of the technology necessary to support an integrated Product Development System that adequately responds to the evolving design, collaboration, development process automation, electronics verification, data management, quality assurance and regulatory testing requirements of customers within the high-tech and electronics industry; continued growth in the adoption of PLM solutions; PTC's ability to extend the functionality of our solutions beyond that traditionally served by PTC (including regulatory compliance); and our effective coordination and manage joint activities (including development, integration, sales, marketing, implementation and support) with strategic technology partners to deliver and support an integrated suite of solutions for the electronics & high tech industry as well as other risks and uncertainties detailed from time to time in reports filed by PTC with the Securities and Exchange Commission, including the Company's most recent reports on Form 10-K and 10-Q. The announcement of the adopting of PTC solutions by a particular industry or market vertical is not necessarily indicative of the timing of recognition of revenue therefrom or the level of revenue for any particular period.

PTC and its logo, The Product Development Company, Windchill 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

Contact:

PTC
Nicole Rowe, 781-370-6369
Corporate Communications
Email Contact
or
For PTC
Weber Shandwick
Amanda Keane, 617-520-7260
Email Contact




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