PTC® Named FIRST Collaboration Sponsor For FIRST Robotics Competition (FRC)

Windchill® web-based portals help high school teams parallel industry product development processes

NEEDHAM, MA. – December 10, 2007 - PTC (Nasdaq: PMTC), The Product Development Company®, today announced that it will serve as a FIRST Collaboration Sponsor for the FIRST (For Inspiration and Recognition of Science and Technology) Robotics Competition. This important educational initiative was founded in 1989 by inventor and entrepreneur Dean Kamen and reaches more than 125,000 students in grades K-12 annually. The goal of FIRST is to design accessible, innovative programs for children that build science and technology skills and interests, as well as self confidence, leadership, and life skills.

Through this sponsorship, PTC is offering a hosted version of its collaboration solution, Windchill, to be used by FRC teams to improve collaboration among team members, helping teams work faster and smarter during the intense 6-week build season in the following ways:

More than 150 participating teams have already registered to use Windchill to manage their FRC projects. Additionally, all participating teams are offered the opportunity to use PTC Pro/ENGINEER® and Mathcad® schools editions. Pro/ENGINEER is PTC’s integrated CAD/CAM/CAE software that helps companies develop detailed, intuitive and realistic digital product representations as well as related deliverables. Mathcad® is PTC’s engineering calculation software that combines a powerful computational engine, accessed through conventional math notation, with a full-featured word processor and graphing tools. Together these solutions comprise the PTC product development system (PDS), a flexible and scalable configuration of PTC solutions, specifically designed and tested together to give companies the key capabilities necessary for successful product development.

“We’re excited to welcome PTC as a sponsor for the FIRST Robotics Competition,” said Dean Kamen, founder, FIRST. “PTC’s software donation allows the teams to work with collaboration technology throughout all phases of the competition. Additionally, sponsorship provides an exciting opportunity for PTC and its employee mentors to make a rewarding investment in our future technology workforce.”

Beyond PTC’s software and hosting contribution, PTC has launched an outreach program to the broader PTC ecosystem, including employees, PTC/USER, resellers, and customers, to encourage individuals to mentor FRC teams in their local area or volunteer at one of 41 regional competitions.

“For over 20 years, PTC has been solely focused on helping the world’s leading manufacturing companies bring great products to market. We are a company largely comprised of engineers developing product development solutions used by engineers throughout the world. PTC is committed to advancing Science, Technology, Engineering and Mathematics (STEM) education initiatives, and we are proud to be the FIRST collaboration sponsor, ”said Jim Heppelmann, executive vice president and chief product officer, PTC. “FIRST ignites students with a passion for learning and applying science and technology skills that will benefit them throughout their lives. These students are the engineers, scientists, technologists, mathematicians, and innovators of tomorrow. The synergy between FIRST and PTC is clear and will benefit all participants.”

FRC teams are encouraged to visit http://frc.ptc.com/Windchill-signup to register for a project team.

About FIRST

Accomplished inventor Dean Kamen founded FIRST (For Inspiration and Recognition of Science and Technology) in 1989 to inspire an appreciation of science and technology in young people. Based in Manchester, N.H., FIRST designs accessible, innovative programs to build self-confidence, knowledge, and life skills while motivating young people to pursue opportunities in science, technology, and engineering. With the support of many of the world's most well-known companies, the not-for-profit organization hosts the FIRST Robotics Competition and FIRST Tech Challenge for high-school students, the FIRST LEGO(R) League for children 9-14 years old, and the Junior FIRST LEGO League for 6 to 9 year-olds. To learn more about FIRST, go to www.usfirst.org.

About PTC

PTC (Nasdaq: PMTC) provides leading product lifecycle management (PLM), content management and dynamic publishing solutions to more than 50,000 organizations 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 Midcap 400 and Russell 2000 indices. For more information on PTC, please visit http://www.ptc.com.


PTC, The Product Development Company, Pro/ENGINEER, Windchill and Mathcad are trademarks or registered trademarks of Parametric Technology Corporation or its subsidiaries in the U.S. and other countries.
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