PTC Expands Product Analytics Strategy with Acquisition of Relex Software Corporation

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.

This news release contains forward-looking statements, including statements about expected integration of the companies’ technologies and product synergies. These statements involve risks and uncertainties that could cause actual results to differ materially from those projected, including the following: we may be unable to successfully develop and integrate the technology necessary to offer an integrated solution that complements PTC’s product development system; we may be unable to retain and maintain relationships with key employees, customers and other strategic partners of Relex; we may struggle to effectively utilize our resources to undertake strategic corporate development initiatives while maintaining our ability to support multiple PLM product suites; as well as other risks and uncertainties detailed from time to time in reports filed by PTC with the Securities and Exchange Commission, including the Company’s most recent reports on Form 10-K and 10-Q.

PTC and its logo, The Product Development Company, and Relex are trademarks or registered trademarks of Parametric Technology Corporation and/or its subsidiaries in the United States and in other countries.



Contact:

PTC
Kristian Talvitie, 781-370-6151
Corporate Communications
Email Contact
or
For PTC
WeberShandwick
Amanda Keane, 617-520-7260
Email Contact



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