PTC Announces CoCreate 2008

Latest Release of Leading Explicit 3D CAD System Increases Productivity

NEEDHAM, Mass.--(BUSINESS WIRE)--PTC (Nasdaq: PMTC), The Product Development Company®, today announced the upcoming general availability of CoCreate 2008 – the latest release of its explicit CAD, PDM & collaboration software. CoCreate 2008 brings new time savings to companies challenged with shrinking design cycles and pressures to quickly create product designs in intensely competitive markets. These capabilities will help users explore more style options quickly and keep product designs aligned with manufacturing processes. Additionally, companies that design complex machinery will benefit from the highly responsive, 3D cross-sectional design environment.

CoCreate 2008 will help users increase productivity, speed design iterations and make it easier to make modifications to designs. Highlights of the new CoCreate 2008 enhancements include:

Increased Everyday Productivity

Revised pattern capabilities – Creates patterns faster with improved user guidance and new options for irregular patterns and selective suppression of features within a pattern.
More flexible work-in-progress capture – Allows users to save daily work and “what if” scenarios, even with multiple revisions of locked parts and assemblies loaded into a session.
Shaded and rendered drawing views – Communicates 3D designs in 2D with the new option to create shaded and photo-realistic drawing views.
Faster Design Iteration

Enhanced surface editing capabilities – Assigns surface properties for fast and easy surface operations, and automatically maintain curvature tangency, coincidence, and continuity during modifications.
Streamlined Modification

Fast cross-sectional modification – Reduces the number of repetitive steps when modifying components with cylindrical geometry, often down to a single operation.
Additionally, CoCreate Drafting 2008 will now support AutoCAD 2008 compliant DWG & DXF formats. Other capabilities include dimensioning enhancements, such as ANSI-compliant chamfer dimensions, dimension pre and postfixes, inquiries and grouping of dimensions, symbols, and text. CoCreate Model Manager 2008 and CoCreate Drawing Manager 2008 continue to provide CoCreate Modeling customers with a CAD data management system that is easy to install, easy to use, and easy to add additional value.

“The enhancements provided in CoCreate Modeling 2008 will help increase the productivity of our design teams and reduce the risk of misinterpretation of drawings," said Nan Battaglia, CAD specialist, Carl Zeiss Meditec, Inc. "Now we can explore new designs and make radical changes to the model faster and easier than before. The software is even more intuitive, which lets us focus on the design, versus the modeling technique or constraints. The improvements in the quality of the renderings also greatly enhances the teams' ability to interpret drawings and identify opportunities to improve the product."

“Flexibility to respond to unexpected changes and speed of iteration are critical to the success of companies that choose explicit modeling solutions like CoCreate to develop their designs,” said James Heppelmann, executive vice president, software solutions, and chief product officer, PTC. “The release of CoCreate 2008 demonstrates PTC’s ongoing commitment to delivering the capabilities that will help them attain maximum value from their software investment.”

CoCreate 2008 is scheduled to be available in May 2008 in English, French, German, Italian, Japanese and Spanish.*

For more information about CoCreate 2008, please visit the CoCreate product pages on

*The timing of any product release, including any features or functionality, is subject to change at PTC’s discretion.

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

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 suite; 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 product 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.

PTC and its logo, The Product Development Company, CoCreate, CoCreate Modeling, CoCreate Drafting, CoCreate Model Manager, CoCreate Drawing Manager 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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