Tool, Inc. Achieves Immediate Productivity Benefits With Adoption of Pro/ENGINEER Wildfire

NEEDHAM, Mass., June 30 /PRNewswire-FirstCall/ -- PTC , the product development company(TM), today announced that Tool, Inc., a product design and development firm in Marblehead, Massachusetts has experienced immediate productivity gains following the installation of PTC's new Pro/ENGINEER Wildfire.

"The new user interface represents a quantum leap in ease-of-use," said Tool's owner and design engineer John Fiegener. "New users can learn quickly and become productive faster and that is a real financial gain for us. As we implement Pro/ENGINEER Wildfire throughout the company, we will be able to reduce the overhead cost of having experienced engineers training new users.

Fiegener also noted that, even with minimal training, Tool engineers using Wildfire out-performed a competitive offering in virtually every aspect of use.

"Pro/E Wildfire is the best release of Pro/ENGINEER ever," Fiegener noted. "They took the time to do it right and achieved a really thoughtful approach to how people actually use the solution."

Tool, Inc., a PTC customer since 1997, specializes in research, idea creation, industrial design and mechanical engineering of consumer and business products. Their designs span across a variety of consumer products from sporting equipment to furniture for the office and home.

About PTC

PTC 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 35,000 customers worldwide. Further information on PTC is available at or call 1-888-782-3776, ext. 901.

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 include: the success of our initiatives to facilitate our customer's understanding of the benefits of our PLM solutions, including return on investment and value creation; our successful development and integration of the technology necessary to offer an integrated Product Development System that adequately responds to evolving customer requirements; our efforts to successfully compete in the MCAD industry by differentiating our MCAD offerings by targeting synergies with Windchill; the success of our partnering, distribution and customer satisfaction initiatives; the success of our 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.

PTC and its logo, Product First, The Product Development Company, Create Collaborate Control, Simple Powerful Connected, Pro/ENGINEER, Wildfire, Windchill, 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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   Meredith Mendola                    Joe Gavaghan
   781-370-6151                        781-370-5074
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CONTACT: Investor, Meredith Mendola, +1-781-370-6151, Email Contact,
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