PTC Receives Multi-Year Multi-Million Dollar Order From 13 U.S. Federal Laboratories And Facilities

Business Wire, April 25, 2007

Windchill[R], Arbortext[R], ProductView[TM], Mathcad[R] and Pro/ENGINEER[R] Employed to Improve Scientific, Engineering and Manufacturing Methods

NEEDHAM, Mass. -- PTC (Nasdaq: PMTC), the Product Development Company[R] today announced that 13 federal laboratories and facilities, led by Lawrence Livermore National Laboratory, have broadened their use of PTC solutions to include Windchill, Arbortext, ProductView, Mathcad and Pro/ENGINEER.

Lawrence Livermore National Laboratory led discussions with PTC on behalf of the federal facilities to fashion this software purchase agreement, which will provide a comprehensive suite of PTC's solutions called the Product Development System (PDS). The PDS will be used to create detailed digital product information that allows customers to collaborate with distributed project teams, suppliers, and partners while controlling content and providing configuration management of product and services. The PTC PDS uniquely delivers all these capabilities, on an integral, Web-based architecture that supports today's distributed digital environment. Overall, the concept of an integral system helps increase efficiencies by reducing errors around version control, which streamlines the entire product development process.

"PTC is dedicated to providing technology solutions as well as process development strategies that consistently deliver value to long-term customers such as these prestigious institutions," said Dick Harrison, president and CEO, PTC. "Additionally, we understand the mission critical nature of the aerospace and defense industry and will continue to invest in comprehensive capabilities that will support its high standards in product development."

About Lawrence Livermore National Laboratory

Founded in 1952, Lawrence Livermore National Laboratory has a mission to ensure national security and to 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's National Nuclear Security Administration.

About PTC Solutions for Aerospace and Defense

PTC provides product lifecycle management solutions designed to meet the requirements of the global aerospace and defense industry. These solutions enable digital automation of product development and program management processes, as well as complete visibility and control over program information for secure, collaborative product development. PTC is an industry leader with all of the top 20 A&D companies as customers.

About PTC

PTC (Nasdaq: PMTC) provides leading product lifecycle management (PLM), content management and dynamic publishing solutions to more than 40,000 companies 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. These risks and uncertainties include: PTC's successful development and integration of the technologies necessary to offer integrated Product Development System that address the evolving product lifecycle management functions for the aerospace and defense industry, including the ability to be deployable across an extended supply and customer chain and to satisfy the data management and security needs of these customers; 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 products and services that meet customer requirements; and the success of PTC's customer satisfaction initiatives in providing the foundation for long-term relationships and repeat business, 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 order of PTC products is not necessarily indicative of the timing of recognition of revenue therefrom or the level of revenue for any particular period.