Kirloskar Brothers Utilize PTC's Pro/Engineer(R) to Design Pump Engineering Solution for Turnkey Indian Irrigation Project

PTC (Nasdaq: PMTC) provides leading product lifecycle management (PLM), content management and dynamic publishing solutions to more than 50,000 organizations worldwide. PTC customers include the world's most innovative companies in manufacturing, publishing, services, government and life sciences industries. PTC is included in the S&P Midcap 400 and Russell 2000 indices. 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. Such risks include the ability of PTC to develop the technologies necessary to deliver products and services that allow customers to implement a comprehensive product development system across an extended enterprise; PTC's ability to co-develop and integrate technologies that adequately address Airbuss requirements; PTCs successful coordination and management of joint activities with Airbus and other third parties (including development, technology integration, implementation and support) in order to deliver products and services that meet those requirements; and the success of PTCs customer satisfaction initiatives in providing the foundation for long-term relationships and repeat business, as well as those that are detailed from time to time in reports filed by PTC with the U.S. Securities and Exchange Commission, including PTCs most recent reports on Form 10-K and 10-Q. The announcement of any particular development agreement and/or selection or implementation of PTC products is not necessarily indicative of the timing of recognition of revenue therefrom or the level of revenue for any particular period.

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