Daktronics Selects PTC to Develop Scoreboard Systems

PTC Solutions to Accelerate New Product Introductions for Daktronics

NEEDHAM, Mass.--(BUSINESS WIRE)--PTC (Nasdaq: PMTC), The Product Development Company®, today announced that Daktronics (Nasdaq: DAKT), one of the world’s largest suppliers of electronic scoreboards, computer-programmable displays, and large screen video displays and control systems, has chosen the PTC Product Development System (PDS) for its product design and data management initiatives. With the PTC PDS, Daktronics will be able to improve collaboration among its design teams, integrate with its enterprise Manufacturing Resource Planning (MRP) system and accelerate new product introductions.

Since its founding in 1968, Daktronics has designed, manufactured and serviced more than 87,000 scoring and display systems for its 52,000 customers in nearly 100 countries, including displays for the Times Square Spectacular, the Kuwait Stock Exchange, and the Hippodrome De Paris Vincennes. Daktronics maintains a leadership position in the visual communication industry by refining and developing quality products that meet or exceed customer expectations.

A customer since 1997, Daktronics originally selected Pro/ENGINEER®, the core design offering within the PTC PDS, as the standard 3D CAD/CAM/CAE solution for its entire product line. Daktronics selected Pro/ENGINEER because it improves design collaboration and provides a consistent platform that its engineers can utilize from design concept to manufacturing. These capabilities allow Daktronics to boost productivity and resource allocation in order to increase the number of product ideas conceptualized, evaluated and ultimately manufactured. For example, Daktronics created a video display for a specific Coca-Cola® marketing initiative in New York’s Time Square in just five months.

Discontinuities across the concept-design-manufacturing continuum often hamper an organization’s ability to increase manufacturing capacity goals. To help meet its increased manufacturing capacity goals, Daktronics recently expanded its implementation to include Windchill®, PTC’s Web-based content and process management solution designed to enable rapid data sharing of Pro/ENGINEER files and collaboration across development teams, better version control and improved change management processes. Windchill provides immediate access to the resources, information and capabilities needed to ensure efficient production planning and execution.

“We pride ourselves on the ability to develop and deliver high quality displays that communicate with millions of people every day around the world,” said Brian Vogl, Engineering Design Applications Manager, Daktronics. “We are using the PTC Product Development System because its broad capabilities and flexibility lets our engineers design to customer needs. It is helping us achieve our vision to increase manufacturing capacity and deliver more products to market without sacrificing product quality and customer satisfaction.”

“Daktronics’ continued investment in PTC solutions demonstrates our success in delivering flexible, scalable products that have the capabilities needed to help electronics and high tech organizations address product design and manufacturing initiatives,” said Chad Hawkinson, vice president product strategy, electronics, PTC. “We look forward to working with Daktronics as they realize value from their optimized product development and manufacturing processes.”

Pro/ENGINEER and Windchill software was purchased through EAC Design Inc, a PTC Platinum Partner and Authorized Reseller since 2001. For more information on EAC Design, please visit www.eacdesign.com. Fishbowl Solutions provided the services for Daktronics’ Pro/ENGINEER and Windchill implementation. For more information on Fishbowl Solutions, please visit www.fishbowlsolutions.com.

About Daktronics

Daktronics is one of the world’s largest suppliers of electronic scoreboards, computer-programmable displays, and large screen video displays and control systems. The company excels in the control of large display systems, including those that require integration of multiple complex displays showing real-time information, graphics, animation and video. Daktronics designs, manufactures, markets and services display systems for customers around the world, in sport, business and transportation applications. For more information on Daktronics, please visit http://www.daktronics.com.

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 30 largest electronics manufacturers across the globe.

PTC solutions are utilized earlier in the electronics product development process than any other PLM provider to span the entire process from concept through retirement. As a result companies are able to focus on the up-front decisions that drive over 70% of product cost and identify changes that impact these decisions later in the process. This leads to higher product quality and faster time to volume.

About PTC

PTC (Nasdaq: PMTC) provides leading product lifecycle management (PLM), content management and dynamic publishing solutions to more than 50,000 organizations 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 http://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. Such risks include the ability of PTC to develop the technologies necessary to deliver products and services that allow customers to implement an integrated and comprehensive product development system across an extended enterprise; PTC’s ability to continues to meet evolving customer requirements within varius vertical industries; and the success of PTC’s customer satisfaction initiatives in providing the foundation for long-term relationships and repeat business, as well as those that are detailed 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 10-Q.

PTC and its logo, The Product Development Company, Pro/ENGINEER, Wildfire, Windchill, Arbortext, Mathcad 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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