Home > About PTC > News Room > Press Releases

Press Releases

PTC’s Global MCAD Partner Program Continues to Grow

PTC Forms Strategic Alliances with over 40 New Companies To Extend World-Class Service to Customers

NEEDHAM, Mass. - October 29, 2001 - PTC (Nasdaq: PMTC), the product development company, today announced that more than 40 new companies have joined its worldwide MCAD partner program. The program is part of PTC's strategy to provide superior customer service and deployment support for its MCAD solutions including Pro/ENGINEER, the company's market-leading product design software solution. PTC has secured 23 new reseller relationships, 10 enterprise software partners, and nine PTC Global Services and training partners.

"Strategic relationships with MCAD resellers, software partners and training partners continue to be the bedrock of PTC's dedication to improving worldwide customer satisfaction. By becoming members in PTC partner programs, these companies can offer their customers a complete product development solution," said Brian Shepherd, senior vice president, technical marketing. "Enhancing customers' product development process is a goal we share with our partners. Their services and solutions are the optimal complement to PTC offerings in this space."

New members of the MCAD channel partner program include: Applicad (Quebec, Canada), Avalon (Helsingborg, Sweden), BMT Designers Plus Planners (Cary, NC), Digicad (Novara, Italy), Digitek (Changwon, Korea), Dycaptec (El Paso, TX), FME AG (Burgdorf, Switzerland), Grupo Tecnologia Avanzada en Computacion del Centro (Queretaro, Mexico), Immersion Graphics (Southfield, MI), Intercad (La Spezia, Italy), Mitsubishi Electric Engineering, Ltd. (Tokyo, Japan), MK Technologies Corporation (Knoxville, TN), Nissei Plastic Industrial Co., Ltd.(Nagano, Japan), Parametric Design S.r.l. (Brignano Gera D'adda, Italy), Parametric Solutions (Jupiter, FL), Powertech S.r.l. (Modena, Italy), Rycliffe Precision Group Ltd. (Coventry, UK), Soho Corporation (Portsmouth, NH), Starlink International Corporation (Falls Church, VA), Tenex, Inc. (Evansville, IN), Topologies Ltd. (Northants, UK), Tri-Star International, Inc. (Tempe, AZ) and Widget, Inc. (Hubertus, WI).

Software companies that have joined PTC's Enterprise Software Partner program include: Avant! Corporation (Beaverton, OR), CostVision (Boulder, CO), Hibbitt, Karlsson & Sorensen, Inc. (Pawtucket, RI), Immersive Web (Malden, MA), Landmark Technology Corporation (Tokyo, Japan), Optical Research Associates (Pasadena, CA), Polyplan Technologies (Montreal, Quebec), Resinate Corporation (Burlington, MA), SensAble Technologies (Woburn,MA), Surface Optics Corporation (San Diego, CA), and Vectriz Solutions (Chemnitz, Germany).

PTC Global Services and training partners included: Advanced Design, Inc. (Ottawa, Ontario), Comprehensive Engineering Solutions (Temple, TX), CAE-Net (Carmel, IN), ESS West, Inc.(Denver, CO), Instadesign (Dorval, Quebec), Mechanical Advantage (Colorado Springs, CO), MK Technologies Corporation (Knoxville, TN), Torgon (Woodbridge, NJ) and Visible Edge Technology (Nashua, NH).

PTC continues to recruit and support MCAD resellers, enterprise software partners and training partners worldwide. Those interested in more information on PTC's partner program can visit www.ptc.com.

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 32,000 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 the ability of PTC to successfully partner and effectively coordinate and manage joint activities (including sales, marketing, development and implementation) with its partner program members in order to deliver products and services that meet evolving customer requirements, 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.

Nothing in this press release shall be construed to create any partnership, joint venture or agency relationship between PTC and the program members discussed above and any use of the terms "joint venture", "partner", "partnership", "alliance" or similar terms to describe the relationship between the parties refers solely to the spirit of cooperation between PTC and its program members 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, 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.