PTC Global Services Aids CAD Migration Projects

Product Development Industry Leader Works with Select Partners to Provide Consulting Services, Data Conversion and Education

Needham, MA, August 7, 2001 -PTC (Nasdaq: PMTC), the product development company, today announced a special program to aid manufacturing customers who are looking to migrate their product development processes and content to new technology platforms. These services will be valuable to manufacturers searching for ways to reduce the risks associated with large-scale changes in technology, tools and processes that may result from a migration initiative.

One of the biggest challenges is the replacement of computer-aided design (CAD) software with new, state-of-the-art product development solutions. As the professional services organization for one of the industry's leading product development vendors, PTC Global Services provides a comprehensive migration service that holistically navigates its customers through the changeover of the CAD technology. In addition, PTC Global Services also works with select service providers to help increase the number of certified consulting, technical services and education programs available. The PTC migration program includes:

Strategic migration planning for alignment with business goals
Program and project management
Technology architecture development
Technology integration planning
Data management at the enterprise and workgroup levels
Data migration, strategy and execution
End user education using PTC's Precision Learning approach
Engineering resources (for project staffing)

PTC Global Services has worked with its extensive network of strategic partners to augment its migration services with features that leverage the expertise of those partners. This has been done through a comprehensive program that provides training, development and certification for PTC's Certified Engineering Providers (CEP), Certified Training Providers (CTP), and Enterprise Consulting Partners (ECP). The goal of this program is to provide PTC customers with a broader range of services including more widespread service access and increased quality and consistency of service delivery.

"Recent industry consolidations such as Unigraphics and SDRC, and Spatial and Dassault, make migration assistance a highly sought after service," said Jeffrey Phillips, PTC MCAD Global Services. "By working with our strategic partners, whether providing training, consulting services or data migration, we can offer our customers high value during a CAD migration."

PTC Global Services is working with a number of technology and service partners including CDI, Cambric and Butler International to extend PTC's reach and allow consultants to respond quickly to user requests and queries no matter where they are and in what specific industry. These service partners provide data migration and outsourced engineering services and solutions to enable a rapid transition to new CAD systems.

Pro/ENGINEER is used by more than a quarter of a million engineers and designers worldwide for mechanical computer-aided design (MCAD). The recent release of Pro/ENGINEER 2001, PTC's market-leading product design software, features more than 400 enhancements, making migrations from older and less cutting-edge products much more common. Most notably, Pro/ENGINEER 2001 offers a new streamlined user experience, direct modeling, integrated surfacing capabilities, and numerous enhancements and new modules specifically designed to make the product development process faster and easier.

For more information on PTC's migration services, please visit http://www.ptc.com/go/migration.

About PTC Global Services
PTC Global Services develops, markets and supports strategic services and solutions that add value to customer business initiatives and enable seamless integration of the PTC technology into customer environment. With over 1000 consultants, PTC Global Services is the largest technology service organization focused entirely on the improvement of the Product Development value chain.

About PTC
PTC (Nasdaq: PMTC) develops, markets, and supports software solutions that help manufacturers get superior products to market before their competitors. PTC is the world's largest software company with a total commitment to product development. The company services more than 31,000 customers worldwide. Further information on PTC is available at 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 ability to anticipate and adequately respond to evolving customer requirements, to successfully develop and implement service offerings that meet those requirements, and to effectively work with third parties (including consulting, software and engineering partners) in order to deliver competitive products and services, 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. Any use of the terms "partner", "partnership", "alliance" (or similar terms) to describe the relationships between PTC and its various service providers refers solely to the spirit of cooperation between the parties and does not describe, or expressly or by implication create, a legal partnership or joint venture or any responsibility by one party for the actions of the other.


PTC, The Product Development Company, Pro/ENGINEER, 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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