Beijing Institute of Technology Advances Green Vehicle Design with PTC Pro/ENGINEER
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Beijing Institute of Technology Advances Green Vehicle Design with PTC Pro/ENGINEER

NEEDHAM, Mass. — (BUSINESS WIRE) — June 3, 2009 PTC (Nasdaq: PMTC), The Product Development Company®, today announced that Beijing Institute of Technology (BIT) has achieved great success using PTC® Pro/ENGINEER® for the design and research of 50 electric-powered buses, which were used for the Beijing 2008 Olympic Games. BIT’s Electric Vehicle National Engineering Laboratory used Pro/ENGINEER for the vehicle design, including the design of overall power train and battery box. Pro/ENGINEER is PTC’s integrated parametric MCAD/CAM/CAE software that helps companies to develop detailed, intuitive and realistic digital product models and related deliverables.

With an ever increasing public awareness of “green” issues, zero-emission, diverse energy sources, low noise and low thermal radiation electric vehicles are becoming a major alternative in the transportation field. BIT has long been focused on the development of electric vehicles, hybrid electric vehicles and other kinds of new energy vehicles.

The Olympic electric bus was equipped with low-floor electric chassis, a pioneer practice in the design of electric buses. Using Pro/ENGINEER as their design tool for battery box and power train, the BIT project team overcame technological challenges, such as the difficulties in limited structure space and other general layout problems. This electric bus includes a large-scale application of advanced high-capacity lithium-ion battery packs. The BIT Electric Vehicle National Engineering Laboratory developed a battery box featuring dust-proof, waterproof, adequate ventilation and cooling function, which allows fast battery replacement and enhances the security features of collision and high pressure avoidance.

As an embodiment of “Green, Hi-tech, and People’s Olympics” in Beijing, the electric buses provided 24-hour transport service for the Olympic officials, journalists and athletes in the central Olympic areas covering the Olympic village, media village, northern conference area and the Olympic Park. With the use of electric buses, a major project of the Beijing Olympic Games, China fulfilled its promise to the world to achieve zero-emission in the central Olympic areas in Beijing.

“Pro/ENGINEER has been a critical solution for the R&D of our electric vehicles. It provides excellent support to the web-based design environment with advanced parametric design features and rich CAD/CAE analysis capabilities. Product models created with Pro/ENGINEER are authentic and intuitive for problem analysis and project collaboration, which improves our working efficiency and quality,” said Prof. Lin Cheng, vice director of BIT Electric Vehicle National Engineering Laboratory. “Pro/ENGINEER has made a valuable contribution to the design of electric vehicles for the Olympics. We believe that Pro/ENGINEER will continue to play an important role in the R&D at our Electric Vehicle National Engineering Laboratory and the development of new energy automobile technology in China.”

The BIT Department of Vehicle Engineering has used Pro/ENGINEER as part of its teaching curriculum and research since 1998. The institute has also produced its own Pro/ENGINEER teaching materials for undergraduate and graduate students. Many teachers and students now use Pro/ENGINEER at Electric Vehicle National Engineering Laboratory and have played an important role in the design of Olympic Electric Buses.

“We were delighted to work with BIT for the R&D of electric buses for Beijing 2008 Olympic Games. The Beijing Olympics not only created great opportunities for the demonstration and promotion of new energy vehicles in China, but also elevated standards for product development and manufacturing in the country. PTC will continue to work with China’s education institutions and companies to support their efforts to improve innovation and manufacturing capabilities,” said Gregory Bachman Sisk, senior director, Asia Pacific & Emerging Geographies Education Programs, PTC.

“Creating vehicles that do not rely only on fossil fuels and take into consideration environmental impact is a high priority for automakers around the world,” said Kenneth Honroth, senior vice president of Greater China, PTC. “The advancements that BIT has made in this field using Pro/ENGINEER and the subsequent successes of its electric vehicles at the Beijing Olympics are major achievements toward creating mainstream, reliable transportation that meets ‘green’ technology standards.”

About BIT

The Beijing Institute of Technology (BIT), an institution under the Ministry of Industry and Information Technology of China, is a national key university of science, engineering and humanities with science and engineering as the focus. BIT is also one of the national universities receiving preferential support from the Chinese government. BIT was one of the first universities to be listed in “Project 211” and “Project 985”.

About BIT Electric Vehicle National Engineering Laboratory

The BIT Electric Vehicle National Engineering Laboratory has been devoted to research on electric vehicles, hybrid-electric vehicles, fuel cell vehicles and other new-energy vehicle technologies for more than ten years. The Laboratory has had great success in developing many types of vehicles, including pure electric standard-low-floor bus, fuel cell car, electric tractor, and electric tourist car series prototype car. The Center has already established Electric Vehicle simulation and development platform, integrated testing base of power battery packs, and the national “863” Electric Vehicle project electric motor and its controller.

About PTC

PTC (Nasdaq: PMTC) provides discrete manufacturers with software and services to meet the globalization, time-to-market and operational efficiency objectives of product development. Using the company’s CAD, and content and process management solutions, organizations in the Industrial, High-Tech, Aerospace and Defense, Automotive, Consumer and Medical industries are able to support key business objectives and create innovative products that meet both customer needs and comply with industry regulations. For more information on PTC, please visit 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 successful development and integration of the technologies necessary to offer integrated PLM solutions that address evolving product lifecycle management functions and that are deployable across extended corporate boundaries as well as supply and customer chains, the ability of PTC to successfully partner and effectively coordinate and manage joint activities (including sales, marketing, implementation and support) with third parties in order to efficiently and cost effectively deliver multiple product families and related services that meet customer requirements, the success of PTC’s customer satisfaction initiatives in providing the foundation for long-term relationships and repeat business; the possibility that current economic conditions could cause our customers to reduce or forego investment in our solutions and/or could negatively impact our ability to collect receivables due from our customers, either of which would negatively impact our cash from operations and thereby reduce amounts available to invest in our business initiatives; and our ability to effectively utilize our resources to undertake one or more strategic corporate development initiatives while maintaining recurring operations at satisfactory levels, 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, The Product Development Company, Pro/ENGINEER and all PTC product names are trademarks or registered trademarks of Parametric Technology Corporation in the United States and in other countries.



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