ProductSpace Solutions, Inc. Becomes PTC Channel Advantage Certified Windchill Services Partner

-- Provides Consulting Services specializing in the PTC(R) Product Development System

NEEDHAM, Mass., May 4 /PRNewswire-FirstCall/ -- PTC (R), the product development company(TM), today announced that ProductSpace Solutions, Inc., has become a Certified Services Provider in PTC's Channel Advantage Reseller Program supporting Windchill(R), PTC's comprehensive suite of collaboration and control solutions for distributed product development processes. Windchill solutions enable manufacturers to streamline processes, foster innovation, and deliver superior products.

ProductSpace's implementation, customization, and product development consultants will provide PTC resellers with pre-sales and services support to assist their customers in realizing the maximum value from their Windchill technology investments.

"ProductSpace provides the implementation and consulting expertise that has historically been out of reach for most PTC resellers and their customers; as these resellers expand their product offerings to include products such as Windchill PDMLink(TM), and Windchill ProjectLink(TM)," says ProductSpace President and CEO Srini Erramilli. "Our services are tailored for the needs of small and mid-sized enterprises (up to $1B in revenue) yet leverage and expand on the same methodologies and toolsets used by PTC's own Global Services."

Focusing on technology, process, and adoption services, ProductSpace provides experienced consultants to assist PTC customers in fully realizing the benefits of a Product Development System. "We have had extremely good experiences with the work ProductSpace Solutions has performed for our company in Windchill configuration, customization and application training," said John P. Pasquenza, Manager of IT and Process Automation for a business unit of Westinghouse Electric Company. "ProductSpace is very attentive and responsive to customer needs. The quality of their work is exceptional."

At Westinghouse, ProductSpace implemented a complex and comprehensive Windchill(R) system. The project included not only Windchill installation but a thorough and accurate modeling of several key Westinghouse processes. ProductSpace also trained the in-house IS group to maintain and modify the system. This greatly reduced adoption time and Westinghouse's dependence on continued services.

"ProductSpace provides our resellers with talented PTC implementers and consultants to assist in delivering our Product Development System to market," said Robert Kocis, senior vice president, PTC worldwide channel sales and operations. "Its services expertise assures our resellers that the services essential to the full realization of benefits will be available to their customers on an affordable and reliable basis."

About ProductSpace Solutions, Inc.

ProductSpace Solutions, Inc. delivers technology, process, and adoption solutions to small and mid-size enterprises across the United States in an efficient and highly effective manner. Focusing on services, ProductSpace fills the void that exists where companies need the enterprise product development technology that is available to their, often larger, competitors but cannot afford the time, resources, and price-tag demanded by other Professional Services and Management Consulting firms.

Each ProductSpace employee or consultant has 8-10 years (average) of industry experience implementing, administering, and/or using PLM/CAD products. These credentials include rich functional and technical skills on all major PLM/CAD products, although specializing in PTC Product Development System products (Pro/ENGINEER Wildfire(R), PDMLink(R), and ProjectLink(R)). The consultants are registered through a certification program to stay up to date with latest updates of the products and the necessary skill sets.

About PTC

PTC (NASDAQ: PMTC) develops, markets, and supports software solutions that help manufacturers win with superior products. PTC is the world's largest software company with a total commitment to product development. The company services more than 33,000 customers worldwide. Further information on PTC is available at

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 the ability of PTC to successfully attract, train and certify resellers and service partners; our ability to efficiently utilize and manage a diverse group of geographically dispersed strategic partners, increasing third party contribution and decreasing company costs; our effective coordination of joint activities (including sales, marketing, implementation, support and customer service) with these third parties in order to deliver products and services that meet evolving customer requirements; the success of our customer satisfaction and cost reduction initiatives; and the effects of a weakening economy which may impact the overall demand for software and related services; 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.

Any use of the terms "partner", "partnership", "alliance" (or similar terms) to describe the relationships between PTC and its channel program members/resellers refers solely to the spirit of cooperation between the parties and does not describe, or expressly or by implication create, a legal partnership or joint venture or any responsibility by one party for the actions of the other.

PTC and its logo, Product First, The Product Development Company, Pro/ENGINEER, Wildfire, Windchill, Windchill PDMLink, and Windchill ProjectLink are trademarks or registered trademarks of Parametric Technology Corporation or its subsidiaries in the United States and in other countries.

  PTC Contact            ProductSpace Contact
   Joe Gavaghan          Lewis Kennebrew
   781-370-5074          630-495-2999
Email Contact     
Email Contact

CONTACT: Joe Gavaghan of PTC, +1-781-370-5074, Email Contact; or
Lewis Kennebrew of ProductSpace, +1-630-495-2999, Email Contact

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