Press Releases

Motorola iDEN Mobile Devices Expands Its PTC® PDS Implementation To Support Global Product Development

Communications Leader Using PTC PDS for Single Source Project Management and Collaboration across its Worldwide Sites

NEEDHAM, MA. – January 16, 2008 - PTC (Nasdaq: PMTC), The Product Development Company®, today announced that the iDEN Mobile Devices Division of Motorola, a global communications leader, has expanded the implementation of the PTC Product Development System (PDS) to support its global product development initiatives. The PTC PDS helps increase the productivity of Motorola employees through more efficient project management, collaboration and control of design data across its worldwide sites. A PTC customer since 1991, Motorola has implemented PTC Pro/ENGINEER® for CAD/CAM/CAE design and in 2005 implemented PTC Windchill® for collaborative global product development in the iDEN Mobile Devices Business unit.

Motorola iDEN Mobile Devices chose the PTC PDS because it provides their worldwide R&D sites and suppliers with access to real time product information in order to easily reuse existing product data in new development projects. Additionally, the PDS allows for design changes to be communicated immediately across designers, suppliers and OEMs and reduces mistakes caused by users working from old data. The PDS has enabled Motorola to improve its product development efficiencies, accelerate new product introductions, and reduce costly tooling redesign cycles times from two weeks to two days.

“Continual product innovation is critical in this dynamic market,” said Julio Castañeda, Director of Engineering, of Motorola iDEN Mobile Devices. “The integral architecture of the PTC Product Development System enables Motorola to focus on technology and product innovation, which gives us the flexibility to quickly respond to market demands. We look forward to continuing our work with PTC.”

“Driving innovation and meeting intense time to market demands are of the utmost importance to Motorola’s product development strategy,” said Chad Hawkinson, vice president product strategy, electronics, PTC. “The comprehensive capabilities of the PDS enable Motorola to manage their design creation and to share design data across the world creating efficiencies that have become a source of competitive differentiation.”

About Motorola
Motorola is known around the world for innovation and leadership in wireless and broadband communications. Inspired by a vision of seamless mobility, the people of Motorola are committed to helping you connect simply and seamlessly to the people, information, and entertainment that you want and need. A Fortune 100 company with global presence and impact, Motorola had sales of US $42.9 billion in 2006. For more information on Motorola, please visit http://www.motorola.com.

About PTC® solutions for Electronics & High Tech

PTC solutions for electronics & high tech are designed to meet the product lifecycle management requirements of electronics manufacturers. These solutions include product development process and data management, electronic verification and collaboration, environmental regulatory compliance (RoHS, WEEE, etc.) and 3D mechanical design. PTC has over 3,000 high tech customers, including the 30 largest electronics manufacturers across the globe.

About PTC

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. These include: the successful development and integration of the technology necessary to support an integrated Product Development System that adequately responds to the evolving design, collaboration, development process automation, electronics verification, data management, quality assurance and regulatory testing requirements of customers within the high-tech and electronics industry; continued growth in the adoption of PLM solutions; and our effective coordination and manage joint activities (including development, integration, sales, marketing, implementation and support) with strategic technology partners to deliver and support an integrated suite of solutions for the electronics & high tech industry 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. The announcement of the implementation of PTC solutions is not necessarily indicative of the timing of recognition of revenue therefrom or the level of revenue for any particular period. PTC and its logo, The Product Development Company, Pro/ENGINEER, Wildfire, Windchill, Mathcad and all PTC product names and logos are trademarks or registered trademarks of Parametric Technology Corporation or its subsidiaries in the United States and in other countries.