normative mechanics Standardizes on PTC CoCreate Modeling

NEEDHAM, Mass.—(BUSINESS WIRE)—March 18, 2008— PTC (Nasdaq: PMTC), the Product Development Company(R), today announced that normative mechanics GmbH & Co. KG, a German-based design and development company, has standardized on CoCreate Modeling for all its design work. CoCreate Modeling, PTC's explicit 3D CAD software, helps normative mechanics excel in speed and client responsiveness.

To meet its business requirements, normative mechanics was looking for a 3D design solution that would allow them to very quickly design new products while incorporating customer feedback throughout the project. Ultimately, normative mechanics selected CoCreate Modeling for its ease of use and because ideas can be very easily integrated into the virtual prototype by any designer at any time. These factors help bring products to market faster and provide a greater level of transparency for the client throughout the project.

PTC's explicit approach to 3D design most recently brought success to a normative mechanics project with the development of an award-winning new device. Normative mechanics was given the task of creating, developing, and debuting at a major European trade show, a unique, lightweight multi-lift system that could out-perform all systems of its class. Using CoCreate Modeling, engineers were able to continually adapt new ideas and information into the digital prototype. In fact, just one month to deadline, the proposed drive system of the lift was unexpectedly rejected in favor of a remote plug & play technology. Given the ability to rapidly change the design at any stage in product development, engineers were able to easily import a simplified geometric model into CoCreate Modeling and quickly made the needed adjustments to the lift system.

Additionally, normative mechanics used modules from the CoCreate product family to simulate operation of the complex unfolding logic and manufacturability of the lift design and to evaluate the stress of the articulation structures and shank arms. As a result, all testing was done on virtual prototypes. This helped keep the project on budget and cut development time by 30 to 40 percent.

"PTC's CoCreate Modeling helps normative mechanics create one-of-a-kind products for our customers. The explicit modeling approach to 3D design helps us continually adapt new ideas and information in our digital prototype at any stage during development. The multi-lift system is so innovative that it was awarded an IF Design Award 2008 and a patent," said Andreas Roncka, managing director of normative mechanics. "At the same time, CoCreate Modeling offers normative mechanics incredible speed in design from concept to production. I have never seen a project go so quickly from first idea to finished product."

"There are many engineering companies claiming a stake in the industry with a special breed of aggressive innovative design. Faced with tight budgets and the challenge of establishing their own unique niche, this sector depends on speed and innovation to not only survive, but to prosper and grow," said Ulrich Mahle, vice president of R&D and marketing for CoCreate products at PTC. "Normative mechanics' lift system illustrates how PTC's explicit modeling software, CoCreate, is the right tool for achieving a competitive advantage by producing unique products in record time."

About normative mechanics(R)

normative mechanics(R) treats every product problem as a potential innovation. The company develops complete projects for its customers beginning with design and function studies through to planning, development and design, documentation, illustration, 3D animation, and acquiring and implementing technical devices and equipment. normative mechanics exhibits special engineering qualities in every project phase.

About PTC

PTC (Nasdaq: PMTC) provides leading product lifecycle management (PLM), content management and dynamic publishing solutions to more than 50,000 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 risks and uncertainties include: PTC's successful continued development of the technologies necessary to offer explicit modeling solutions as part of its evolving product lifecycle management (PLM) solutions; the ability of PTC to successfully partner and effectively coordinate and manage joint activities (including development, marketing, implementation and support) with third parties in order to efficiently and cost effectively deliver multiple classes of PLM products and services that meet customer requirements, the success of PTC's customer satisfaction initiatives and our ability to retain and maintain relationships with key employees, distributors, customers and other strategic partners of CoCreate; and our ability to effectively utilize our resources to support multiple PLM products while maintaining recurring operations at satisfactory levels to achieve our operating margin goals, 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. The announcement of any particular selection of PTC products 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, CoCreate 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.

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