PTC Receives $1.6 Million Order for Pro/ENGINEER Software, Services from Lawrence Livermore National Laboratory

Business Wire, April 18, 2000

Business/Technology Editors

WALTHAM, Mass.--(BUSINESS WIRE)--April 18, 2000

PTC's Global Services provides implementation team to

streamline design process

PTC (NASDAQ:PMTC) today announced it received multiple orders for software and services from the U.S. Department of Energy's Lawrence Livermore National Laboratory (LLNL) for more than $1.6 million. The software was shipped to LLNL during PTC's second fiscal quarter (ended April 1, 2000) and services will be provided over a period of time ending in PTC's fourth fiscal quarter (ended September 30, 2000).

LLNL, a customer of PTC since 1991, uses PTC i-Series flexible engineering solutions for many projects. In 1995, Pro/ENGINEER was selected for the National Ignition Facility (NIF) project. LLNL uses Pro/ENGINEER to design, test, and manufacture components for NIF, a billion-dollar laser facility the size of a football stadium under construction at LLNL in Livermore, California. With approximately 500,000 parts, NIF represents an impressive engineering endeavor.

PTC Global Services will provide implementation services to the NIF project to streamline their design processes. The PTC implementation team will identify opportunities for simplification, data reuse, and automation.

"The NIF facility introduces unique execution dynamics into what is primarily a DOE research and development laboratory," said Rob Gremley, senior vice president, PTC Global Services. "PTC's Global Services are dedicated and experienced in mentoring industry leaders, like LLNL. We are pleased LLNL has selected PTC Global Services to provide guidance on accelerating delivery and improving quality on this flagship DOE program."

About PTC's Flexible Engineering Solutions

The PTC i-Series of flexible engineering solutions, based on PTC's award winning Pro/ENGINEER software and the practices of PTC Global Services, is a group of design and engineering solutions focused at addressing collaborative product commerce engineering initiatives. These solutions are relied on daily by more than 250,000 users to drive their worldwide product development and engineering functions. The solutions use unique approaches with many patent-pending and award winning technologies such as Pro/ENGINEER behavioral modeling that captures engineering knowledge and allows designers to innovate new products more rapidly and effectively. The PTC i-Series of flexible engineering solutions, underpinned by PTC's Windchill software, also features Pro/MECHANICA, DIVISION, Pro/DESKTOP, ICEM, CDRS, InPart, CADDS 5i, and MEDUSA.

About PTC

PTC (Parametric Technology Corporation), founded in 1985 and headquartered in Waltham, Mass., USA, develops, markets, and supports collaborative product commerce (CPC) solutions that help manufacturing companies shape innovation and achieve sustainable competitive advantage in the Internet age. These B2B e-commerce solutions employ powerful Web-based collaboration and flexible engineering technologies to streamline product development and delivery processes. PTC's software solutions are complemented by the strength and experience of PTC Global Services, which provides training, consulting, support, and e-commerce services to customers worldwide. With PTC's CPC solutions, manufacturers can take advantage of the Internet to improve product quality, reduce costs, and shorten time-to-market cycles. In its fiscal year ended September 30, 1999, the company achieved more than $1 billion in revenue. PTC can be reached at 781-398-5000, or via the Web at http://www.ptc.com.

About Lawrence Livermore National Lab

Founded in 1952, Lawrence Livermore National Laboratory (LLNL) is a national security laboratory, with a mission to ensure national security and apply science and technology to the important issues of our time. Lawrence Livermore National Laboratory is managed by the University of California for the U.S. Department of Energy. When completed, the National Ignition Facility (NIF) will be the world's largest laser and will serve as a cornerstone in the nation's Stockpile Stewardship program.

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 ability to anticipate and adequately respond to evolving customer requirements and to deliver products and services that meet those requirements 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. The announcement of any particular sales order is not necessarily indicative of the timing of recognition of revenue from such order or the level of revenue for any particular period.

Parametric Technology Corporation, Pro/ENGINEER, Pro/MECHANICA, InPart, CADDS, and Windchill are registered trademarks and all names in the PTC product family as well as the PTC logo are trademarks of Parametric Technology Corporation or its subsidiaries in the United States and in other countries. All other companies and products referenced herein have trademarks or registered trademarks of their respective holders.