Expects Q1 Revenue Near the High End of its Guidance Range

NEEDHAM, Mass. — (BUSINESS WIRE) — December 30, 2013 — PTC (Nasdaq: PTC) today announced that preliminary revenue for the first fiscal quarter ended December 28, 2013 is expected to be near the high end of the company’s guidance of $310 to $320 million. As was referenced in our press release announcing the acquisition of ThingWorx, we are maintaining our FY’14 non-GAAP EPS guidance of $2.00-$2.10. PTC will release its fiscal 2014 first quarter results on Wednesday, January 22 after the stock market closes. Senior management will host a live webcast and conference call to review the results on Thursday, January 23 at 8:30am Eastern Time. The earnings press release and accompanying prepared remarks will be accessible prior to the conference call and webcast on the Investor Relations section of the Company's website at www.ptc.com.