CHALCO Shandong Adopts PTC Pro/ENGINEER to Accelerate Design and Production of Solid-Liquid Separation Equipment

NEEDHAM, Mass.—(BUSINESS WIRE)—March 3, 2009— PTC® (Nasdaq: PMTC), The Product Development Company®, today announced that Aluminum Corporation of China Limited (CHALCO) Shandong Branch has adopted PTC Pro/ENGINEER® to speed up design and production of its solid-liquid separation equipment. Pro/ENGINEER, PTC’s integrated 3D parametric CAD/CAM/CAE software, allows engineers and designers to intuitively model detailed and accurate digital product definitions.

CHALCO Shandong had been using 2D CAD as its main design tool for many years. However, the traditional 2D CAD tool was beset with long standing problems resulting in low design quality, long product development cycle and inability to collaborate directly with the clients. With rising material prices, higher customer demands and fiercer competition bringing greater challenges, 2D CAD could no longer meet the design requirements of CHALCO Shandong and support its business growth. After thorough examination and analysis of available leading MCAD products, CHALCO Shandong decided to deploy Pro/ENGINEER.

“By implementing Pro/ENGINEER, we have improved the efficiency of designing solid-liquid separation equipment by 200%. Additionally, CHALCO Shandong has established a complete product development process for the company’s future development,” said Di Quanxue, director of technology department, Hengcheng Mechanical Factory, CHALCO Shandong. “We have adopted Pro/ENGINEER product development software in the design process of our new 100m²rotary drum filter machine. We also created a digital model, which has significantly reduced design errors and enabled the reuse of parts. By doing so, we were able to reduce costs and deal with complex curved surfaces. Richrising offered great technical support for the deployment of Pro/ENGINEER and ensured the significant improvement in our design efficiencies.”

CHALCO purchased Pro/ENGINEER by PTC partner, Shandong Richrising Co., LTD. “Many SMB manufacturers in China face design challenges similar to CHALCO because they are still using 2D CAD,” said Meng Qingxiang, project manager of Shandong Richrising Co., Ltd. “PTC offers a variety of Pro/ENGINEER packages that make its market leading parametric 3D CAD accessible to SMB clients that want to improve efficiency and increase the overall competitiveness of their products.”

“PTC’s powerful Pro/ENGINEER, featuring easy-to-use 3D design, analysis, visibility and automation capabilities, will greatly improve production efficiencies, allowing the design team of CHALCO Shandong to design faster, and at the same time ensure product quality,” said John Condon, vice president of channel sales, PTC Asia Pacific. “PTC is committed to helping SMB customers like CHALCO Shandong to reduce overall cost and achieve product development goals by adopting Pro/ENGINEER solutions.”

About CHALCO Shandong Branch

Located in Zibo City, Shandong Province, CHALCO Shandong Branch is a large-scale state-own aluminum enterprise. The Company is ranked 122nd among China’s Top 500 Large Companies. As one of China’s first 40 companies awarded enterprise research center, it is also among the 512 large and medium businesses who were awarded key enterprises. Starting on July 1st, 1954 as China’s first alumina manufacturing base, it was one of China’s “1st five-year plan” projects and named “The Cradle of China’s Aluminum Industry.” For more information, please visit:

About PTC Solutions for SMB

PTC solutions for the small and medium business (SMB) market are designed to provide easy-to-use, yet scalable 3D CAD/CAM/CAE solutions for manufacturing companies at an affordable price. In addition PTC provides dedicated product lifecycle management (PLM) solutions for the unique product data management and collaboration requirements to the midrange market. PTC currently serves over 35,000 SMB customers in 41 countries through more than 320 Value Added Resellers (VARs).

About PTC

PTC (Nasdaq: PMTC) provides discrete manufacturers with software and services to meet the globalization, time-to-market and operational efficiency objectives of product development. Using the company’s CAD, and content and process management solutions, organizations in the Industrial, High-Tech, Aerospace and Defense, Automotive, Consumer and Medical industries are able to support key business objectives and create innovative products that meet both customer needs and comply with industry regulations. 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 development and integration of the technologies necessary to offer integrated PLM solutions that address evolving product lifecycle management functions and that are deployable across extended supply and customer chains, the ability of PTC to successfully partner and effectively coordinate and manage joint activities (including sales, marketing, implementation and support) with third parties in order to efficiently and cost effectively deliver products and services that meet customer requirements, the success of PTC’s customer satisfaction initiatives in providing the foundation for long-term relationships and repeat business; our ability to effectively utilize our resources to undertake one or more strategic corporate development initiatives while maintaining recurring operations at satisfactory levels, the possibility that current economic conditions could cause our customers to reduce or forego investment in our solutions and/or could negatively impact our ability to collect receivables due from our customers, either of which would negatively impact our cash from operations and thereby reduce amounts available to invest in our business initiatives, 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.

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