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PTC Strengthens Windchill® with Rapid Deployment Option for Product Data Management

Windchill® PDMLink™ Helps Manufacturers Energize Product Development

NEEDHAM, Mass. - April 8, 2002 - PTC (Nasdaq: PMTC), the product development company(tm), today strengthened its Windchill(r) Web-based collaboration and control offering with the introduction of a new Quick Start Solution called Windchill(r) PDMLink(tm). Windchill PDMLink leverages a multitude of implementation best practices that PTC has developed through the introduction of Windchill technology at over 600 global customers during the past four years. With Windchill PDMLink and the other Windchill Quick Start Solutions, PTC gives companies of all sizes a range of new and effective Windchill deployment options to quickly address the most critical business challenges they encounter.

Windchill PDMLink is the latest installment in PTC's comprehensive, integrated family of solutions based on Windchill technology. Other pre-packaged, rapidly deployable Windchill Quick Start Solutions now available include: Windchill(r) ProjectLink(tm), Windchill(r) PartsLink(tm) and Windchill(r) DynamicDesignLink(tm). Windchill Applications such as Windchill Foundation, Windchill PDM and Windchill ProductView complete the Windchill suite, and provide the flexibility to accommodate unique customer deployment requirements.

Windchill represents a critical element of PTC's on-going commitment to support "Product First(tm)," a comprehensive business strategy where manufacturing companies adopt a single-minded focus on superior products in order to drive revenue growth and shareholder value.

"We're seeing a groundswell of companies returning to a strong product focus and Windchill is an enabling technology for achieving success in this area," stated James Heppelmann, executive vice president software solutions and chief technology officer. "Windchill Quick Start Solutions are a real break-through because they are easy to implement and easy to use, yet deliver core capabilities manufacturers need to succeed."

Comprehensive PDM From Any Starting Point
A tremendous amount of information is generated during the product development process and throughout the lifecycle of a product. As the single source of product information for the enterprise, Windchill product data management systems are used to capture, aggregate, and manage product information from many sources - including a variety of CAD formats - making it easy for people beyond engineering to add value to the product development process, and enabling enterprises to bring order and control to the product development process. With its Quick Start implementation option, Windchill PDMLink represents a breakthrough in the deployment of PDM. Windchill PDMLink can easily be combined with other Windchill solutions and with Pro/ENGINEER(r), PTC's market leading 3D product development solution, to meet the full range of creation, collaboration and control needs across the product lifecycle.

"At Banner Engineering, we are implementing Windchill PDMLink to gain an edge over our competitors by shortening our product development cycle and getting to market sooner," said Rod Jones, engineering systems manager. "Windchill PDMLink will greatly reduce the administration time spent during product development, thereby allowing more time for engineering and creativity. Windchill PDMLink will also allow Banner Engineering to focus even more time on our core competencies, which are product innovation and addressing customers' needs."

Windchill PDMLink: Rapid Deployment-Rapid Return
Windchill PDMLink's Quick Start Service implementation package delivers results fast by collapsing the technology implementation and deployment process to as few as five weeks. The Quick Start Service package is a prescriptive, fixed-cost approach that allows PTC Global Services to quickly plan, install, configure, personalize and train administrators.

Bruce Jenkins, executive vice president market analyst firm, Daratech, states, "Windchill PDMLink's promise of out-of-the-box, instant-on PDM, combined with a fixed-price, five-week implementation, could mark a new era for PDM. Manufacturers that want to begin laying the foundation for product lifecycle management as rapidly as possible should look closely at PTC's new offering."

To supplement the Quick Start technology implementation package, PTC's premier enterprise consulting partners, such as Accenture, Andersen, Cap Gemini Ernst & Young, CSC, Deloitte Consulting, Hewlett-Packard Consulting, KPMG and TRW offer complementary service offerings to ensure that the customer fully leverages the power of Windchill throughout their business processes.
"We are excited to work with PTC to offer Windchill PDMLink to our customers," said Bruce Culbert, senior vice president, KPMG Consulting, Inc. "We believe this solution will help today's manufacturing leaders who want end-to-end product development solutions that can quickly help enhance profitability, time to market and improve customer service."

Windchill PDMLink began shipping to select customers in March 2002, and will be generally available in May 2002. On May 1, PTC will participate in a Webcast discussing how Windchill PDMLink is being used to consistently deliver highly innovative products. Please register for the Webcast at: http://www.manufacturingsystems.com/seminar/050102/.

About PTC
PTC (Nasdaq: PMTC) develops, markets, and supports software solutions that help manufacturers win with superior products. PTC is the world's largest software company with a total commitment to product development. The company services more than 33,000 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 Internet's continued development into a viable collaboration medium and commercial marketplace; PTC's successful development and integration of the technology necessary to offer integrated solutions that both address business-critical product lifecycle management functions and adequately respond to evolving customer requirements; PTC's effective coordination and management of joint activities (including sales, marketing, development, implementation and support) with partners, such as systems integrators, in order to deliver products and services that meet those requirements; the success of our Windchill - Pro/ENGINEER integrated solutions strategy initiatives; and the effects of a weakening economy which may impact the overall demand for software and related 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.

PTC, the PTC Logo, Windchill PDMLink, The Product Development Company, Product Development Means Business, Create Collaborate Control, Product First, Pro/ENGINEER, CADDS, Windchill, and all PTC product names and logos are trademarks or registered trademarks of PTC and/or its subsidiaries in the United States and in other countries.