Japan’s Saito Die&Mold Factory Reduces Manufacturing Cycle Time by 60% Using PTC Product Development System

NEEDHAM, Mass.—(BUSINESS WIRE)—December 2, 2008— PTC (Nasdaq: PMTC), The Product Development Company®, today announced that Saito Die&Mold Factory, a well-established Japanese mold manufacturer, has selected the PTC® Product Development System, including Pro/ENGINEER® and Windchill® as their engineering and data management solutions to improve productivity and to transfer craftsmanship to the next generation of Saito engineers.

Saito Die&Mold Factory, a 30-employee mold manufacturer founded in 1955, is highly respected, particularly for their automotive part tooling and their exceptional craftsmanship developed throughout the company’s history.

The company deployed PTC’s Pro/ENGINEER 3D CAD software to integrate its mold-manufacturing expertise with PTC’s cutting-edge technology. Pro/ENGINEER has enabled Saito Die&Mold Factory to reduce its manufacturing cycle by over 60 percent. Now engineers can exchange native Pro/ENGINEER data with their customers, reducing the time for design changes from several days to a few hours. Also, the precision of the cast parts is so high that no modification is necessary when the parts are assembled. These improvements in efficiency have helped Saito Die&Mold Factory shorten their time-to-market.

With Pro/ENGINEER as the main engineering tool for the Saito Die&Mold Factory design team, the amount of product data that users generate has increased dramatically. The deployment of PTC’s Windchill data management solution has helped the team to better understand design concepts and to progress quickly, enabling them to start procurement processes early and reduce their overall design cycle. Windchill has also helped the Saito team improve its data sharing environment for a seamless integration of manufacturing and customers, and also enabled the team to move from paper-based to environmentally friendly paperless manufacturing instructions and other documents.

In addition, the company now uses Windchill as a tool to capture the knowledge of its engineers and designers — know-how previously managed by each individual engineer — enabling Saito to transfer its knowledge to its next-generation engineers.

“We cannot transfer every detail of each engineer’s craftsmanship through the digital data, but what we can do is transfer their knowledge and know-how,” says Mr. Kiyoshi Saito, president, Saito Die&Mold Factory. “Windchill helps veteran and junior engineers access the same information. This is exactly the system we were looking for in order for us to survive in the market. We will continue integrating long-accumulated engineering know-how and the state-of-the-art software technology to achieve a quality level that is considered the world’s highest and even support future market requirements,” explained Mr. Saito.

“We are very pleased that Saito Die&Mold Factory, a company with a long, well-respected history, selected Pro/ENGINEER and Windchill as their PLM solution,” says Mr. Kimio Inoue, president, PTC Japan. “The recent severe market conditions have impacted many industries, which is why PTC provides scalable solutions to meet the increasingly advanced needs of our customers. PTC will continue supporting Saito Die&Mold Factory on productivity improvements, as well as craftsmanship transfers.”

Pro/ENGINEER models created by Saito Die&Mold Factory engineers:

Sample model for trial mold machining

http://www.ptcjapan.jp/pr/saito/trial_mold_machining.html

Mold assembly - Cylinder block core mold

http://www.ptcjapan.jp/pr/saito/cylinder_block_core_mold.html

About Saito Die&Mold Factory

Saito Die&Mold Factory was founded in 1955 in Kuwana, Mie Prefecture, and became public in 1995. The company has always been committed to creating the world’s best mold/die products. The 30-person firm designs and manufactures casting and aluminum die cast molds with “product development with integrity” as their corporate philosophy. Saito’s products are mainly molds for automotive parts, including engine blocks, caliper supports, intake manifolds, and steering rack guides.

For more information, please visit http://www.saitokanagata.co.jp/framepage2.htm

About PTC Solutions for SMB

PTC solutions for the small and medium business (SMB) market are designed to provide easy-to-use, yet scalable 3D CAD/CAM/CAE solutions for manufacturing companies at an affordable price. In addition, PTC provides dedicated product lifecycle management (PLM) solutions for the unique product data management and collaboration requirements to the midrange market. PTC currently serves over 35,000 SMB customers in 41 countries through more than 320 Value Added Resellers (VARs).

About PTC

PTC (Nasdaq: PMTC) provides leading product lifecycle management (PLM), content management and dynamic publishing solutions to more than 50,000 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 the ability of PTC to successfully partner and effectively coordinate and manage joint activities (including sales, marketing, development, implementation and support) with third parties in order to efficiently and cost effectively deliver products and services that meet the functional and price point requirements of small and medium businesses; the successful development and integration of the technology necessary to offer an integrated, flexible and scalable product development system that is able to adequately respond to the evolving requirements of both large and small customers in multiple vertical industries; 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 any particular selection of PTC products is not necessarily indicative of the timing of recognition of revenue there from or the level of revenue for any particular period.

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