2004 PTC/USER World Event-Americas Attracts Attendees From More Than 20 Countries Around the Globe

Date : 06/14/2004 @ 8:31AM
Source : PR Newswire
Stock : Parametric Technology (MM) (PMTC)
Quote : 15.32  -0.92 (-5.67%) @ 8:00PM
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2004 PTC/USER World Event-Americas Attracts Attendees From More Than 20 Countries Around the Globe

2004 PTC/USER World Event-Americas Attracts Attendees From More Than 20 Countries Around the Globe Product Development Experts From the World's Leading Manufacturing Companies to Present Winner of Annual PTC Design Award and Alliance Partner Award to be Announced

NEEDHAM, Mass., June 14 /PRNewswire-FirstCall/ -- PTC (NASDAQ:PMTC), the Product Development Company(TM) and PTC/USER, an independent, not-for-profit corporation organized by PTC users, today announced that the annual PTC/USER World Event-Americas, taking place June 13-16 in Nashville, will host customers from more than 20 countries around the world, as PTC's influence on global product development continues to grow. The event will feature more than 80 technical and business seminars, tutorials and demonstrations presented by expert PTC users, partners and PTC staff. Highlights include a keynote session presented by David Holden, team engineer with NASCAR's legendary Richard Childress Racing and an exhibit hall with more than 90 demonstrations of the latest tools and technologies from Industry Partners such as Adobe Systems, HP, IBM, Intel, and Sun Microsystems.

At the event, PTC will provide corporate and technology updates from President and CEO Dick Harrison and Executive Vice President and Chief Product Officer Jim Heppelmann. PTC will also announce the winners of the 12th annual PTC Design Awards Competition and annual Global Alliance Partner Award.

With adoption of PTC's Product Development System (PDS) continuing to grow, this year's event will provide users an opportunity to participate in hands-on training and best practices sessions focused on key PTC solutions, including the newest versions of PTC's design software, Pro/ENGINEER Wildfire(TM) 2.0, and new collaboration and control solution Windchill(R) 7.0. Pro/ENGINEER Wildfire(TM) has achieved record customer adoption of an estimated 52% percent since its introduction in February 2003. PTC has also achieved success with Windchill(R) 7.0, growing the Windchill customer base by almost 15% in just six months since its introduction.

"This year's PTC/USER event is coming in the midst of a lot of excitement and focus on PTC and its newest product offerings," said Pierre Quesnel, president of PTC/USER. "The latest releases of PTC's product design and PLM solutions are enjoying strong customer adoption. Our event provides users the opportunity to gather with peers, partners and PTC to learn and share tips, techniques and best practices -- to help them maximize their PTC experience."

At the end of the conference, PTC will announce the overall winner of the twelfth Annual PTC Design Awards Competition, to be voted on by participants at this year's event. More than 350 entries were submitted this year - and an expert panel of independent judges have already selected category winners based on several criteria, including the entries' comprehensive use of PTC solutions, creativity and technical merit.

The eight individual category winners in the running for the overall PTC Design Award are:

-- Consumer: SQUARE 1 PRODUCT DEVELOPMENT -- Sprung "Hat-Trick" In-line Skate -- Education, K-12: Mechanical Engineering School -- Locomotive GE -- 9 -- 44CW -- Education, College and University: University of Limerick -- Battleship Bismarck -- High-Tech Electronics: PLUG POWER L L C -- Plug Power GenCore 5T -- High-Tech Electronics: Daktronics, Inc. -- Toyota Center Multi-Sided Centerhung Display -- Heavy Equipment: John Deere -- John Deere 3235 C LWFM -- Life Sciences: Product Development Technologies -- Portable Lancing Device -- Transportation: BOMBARDIER RECREATIONAL PRODUCTS, INC. -- EVINRUDE 40- 90HP E-TEC Outboard Motor

More information about the category winners and their design submissions is available online at http://www.ptc.com/appserver/mkt/ptcawards/winners.jsp.

PTC will also be announcing the winner of its annual Global Alliance Partner Award. The award recognizes one of the 73 global alliance partners that has been an exemplar for promoting value in the Product Lifecycle Management market place. The global alliance partner program is now in its sixth year of creating an ecosystem of the extended PLM marketplace. The ecosystem supports the strategic consulting, hardware and software platform, and applications implementations of PTC's product development systems solutions.

About PTC

PTC (NASDAQ:PMTC) develops, markets, and supports software solutions that help manufacturers win with superior products. With a total commitment to product development and product lifecycle management (PLM), the Company services more than 35,000 customers worldwide. PTC is included in the S&P 500 and Russell 2000 indices. Further information on PTC is available at http://www.ptc.com/index.htm.

About PTC/USER

PTC/USER is the independent voice for users of software produced by PTC of Needham, Massachusetts. PTC/USER is the sole entity recognized by PTC as the official worldwide representative of its customers.

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. Such risks include the ability of PTC to develop the technologies necessary to deliver products and services that meet evolving customer requirements and the success of PTC's customer satisfaction initiatives in providing the foundation for long-term relationships and repeat business, as well as those that are detailed from time to time in reports filed by PTC with the U.S. Securities and Exchange Commission, including PTC's most recent reports on Form 10-K and 10-Q.

Contact Information: Maria Battaglia Kalley Thomas PTC Global Public Relations Weber Shandwick Worldwide 617-233-4372 617-520-7240

DATASOURCE: PTC

CONTACT: Maria Battaglia of PTC Global Public Relations,

+1-617-233-4372, ; or Kalley Thomas of Weber Shandwick

Worldwide, +1-617-520-7240,

Web site: http://www.ptc.com/

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