Parametric Technology Corporation Receives $2.3 Million Order For Software From GEC-Marconi
GEC-Marconi Electro-Optics, the leading European supplier of electro-optic systems and sub-systems, is composed of five distinct areas that supply a wide range of components, products and systems for both military and civil applications. The GEC-Marconi Electro-Optics Group's range of disciplines stretches from thermal imaging to airborne passenger communications and from inertial navigation systems to medical scanners and broadcast transmitters. The newly purchased seats of Pro/ENGINEER software will be used throughout the company to enhance product development and manage process change.
"GEC-Marconi Electro-Optics will be working with PTC to enable us to design and implement a hardware development and manufacturing process that is both consistent and repeatable, and above all, considered to be best in class," said Doug Baxter, Group Financial Director, GEC-Marconi Electro- Optics. "The ongoing task is to continually improve the engineering process to ensure it remains best in class."
"With this order, GEC-Marconi will expand its use of Pro/ENGINEER Solutions - including Pro/MECHANICA - to streamline the design-through-manufacturing development process," noted C. Richard Harrison, president and chief operating officer at Parametric Technology. "The company's continued investment in our products underscores the effectiveness of PTC's software and the high level of technical support we provide our customers."
Parametric Technology Corporation (PTC) develops, markets, and supports the most comprehensive suite of product development and information management solutions available today. PTC's Solutions empower companies, across industry lines, to gain a strategic competitive advantage by streamlining engineering processes, improving product quality, optimizing product information management, and reducing product development costs and time-to-market cycles. Worldwide, over 20,000 PTC customers leverage this unmatched range of end-to-end product development solutions and worldwide support services to maximize their competitive advantage.
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 ability to anticipate and adequately respond to evolving customer requirements and to
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