CEV program engineers will utilize the ICE as an extranet to manage data and facilitate collaboration. NASA selected Windchill for critical capabilities such as program management and execution, secure data management, real-time decision-making and efficient change management throughout the program's life cycle.
As the central source of information for CEV systems, ICE provides a consistent view of data, thereby unifying all of the teams of NASA personnel and NASA suppliers. Furthermore, it facilitates concurrent product development across the program and in geographically dispersed sites while providing strict configuration and change management functions with powerful automated workflows. Additionally, the integral visualization capabilities of Windchill allow wide audiences to easily leverage the CAD models and drawings via lightweight viewables. The result is a more efficient product design cycle, higher quality products and lower costs.
"We are very proud that PTC Windchill is playing a critical role on the product development side to help NASA realize the vision set forth by the President for future space exploration," said C. Richard Harrison, president and CEO, PTC. "A strong product development system is critical in enabling NASA to control vast amounts of data and manage the product development process in a way that ensures high levels of security and design efficiencies."
NASA's detailed description of the ICE and the role of Windchill can be found at http://prod.nais.nasa.gov/eps/eps_data/117013-SOL-001-021.doc.
About PTC Solutions for Aerospace and Defense
PTC provides product lifecycle management solutions designed to meet the requirements of the global aerospace and defense industry. These solutions enable digital automation of product development and program management processes, as well as complete visibility and control over program information for secure, collaborative product development. PTC is an industry leader with 18 of the top 20 A&D companies as customers.
PTC (Nasdaq: PMTC) provides leading product lifecycle management (PLM), content management and dynamic publishing solutions to more than 40,000 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 500 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. These risks and uncertainties include: PTC's successful development and integration of the technologies necessary to offer integrated PLM solutions that address the evolving product lifecycle management functions for the aerospace and defense industry, including the ability to be deployable across an extended supply and customer chain and to satisfy the security needs of these types of customers; 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; and the success of PTC's customer satisfaction initiatives in providing the foundation for long-term relationships and repeat business, 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 deployment 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 Nicole Rowe, 781-370-6369 Corporate Communications Email Contact or For PTC Amanda Keane, 617-520-7260 Weber Shandwick Email Contact