ViewPlus Technologies Replaces Previous 3D CAD Solution with PTC CoCreate

NEEDHAM, Mass.—(BUSINESS WIRE)—November 4, 2008— PTC® (Nasdaq: PMTC), The Product Development Company®, today announced that ViewPlus Technologies, a leading manufacturer of assistive technologies including Braille printers, has standardized on CoCreate solutions to speed time to market and increase its competitiveness. CoCreate, PTCs explicit CAD, PDM & collaboration software provides companies with a lightweight and flexible approach to designing products. Using CoCreate Modeling, ViewPlus reduced its design process by six months, enabling the company to bring its highly specialized products to market in less time.

Because its primary customers are educational institutions, the product development schedule at ViewPlus is externally driven by the fiscal year of the institutions. Failure to meet fiscal year deadlines can result in lost orders, which impact achievement of business goals. Additionally, ViewPluss customers often pre-order equipment so product development delays that impact shipments can result in customer satisfaction issues. Frustrated with its previous 3D CAD solution, which, ViewPlus found difficult to use and severely limited in functionality, the company sought a replacement that would enable it to quickly create 3D CAD models and support integration with 2D drawings to help accelerate product development.

After conducting a comparative benchmark between three competitive solutions, ViewPlus chose CoCreate as its 3D modeling standard, replacing its previous solution. CoCreate provides support for concurrent engineering enabling multiple engineers to work on a design at the same time without risk of overwriting each others work. Additionally, with CoCreate, new drawings are immediately updated as revisions to prototypes are made, eliminating the need to redraw the design from scratch. This enabled ViewPlus to save one week of drawing time during each prototype revision cycle. Further, CoCreate allowed the design team to incorporate unexpected changes late in the design process without jeopardizing the development schedule.

CoCreate delivers the capabilities that we need to meet the development needs of a highly specialized product, said John Dion, director, hardware engineering, ViewPlus Technologies, Inc. Our previous solution was difficult to use and didnt provide the functionality to support our requirements. CoCreate allows us to quickly make and modify new parts which ultimately shortens our development cycle and helps us to meet our critical delivery deadlines.

Special equipment manufacturers like ViewPlus Technologies rely upon the CoCreate easy to use explicit modeling approach to provide the flexibility needed to react quickly to customer requests and meet increasingly short deadlines, said Martin Neumueller, director of product management, CoCreate products, PTC. CoCreate enables design teams to work collaboratively and increase the efficiency of the design process, resulting in faster time to market and competitive advantage.

About ViewPlus Technologies, Inc.

ViewPlus Technologies, Inc. is a private firm that develops and manufactures hardware and software for people with sensory disabilities, including people who are blind, people who have low vision and those who are learning disabled. For more information please visit the ViewPlus website, www.viewplus.com, email, Email Contact, or call 541.754.4002.

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 risks and uncertainties include: PTC's successful continued development of the technologies necessary to offer explicit modeling solutions as part of its evolving product lifecycle management (PLM) solutions suite; the ability of PTC to successfully partner and effectively coordinate and manage joint activities (including development, marketing, implementation and support) with third parties in order to efficiently and cost effectively deliver multiple classes of PLM products and services that meet customer requirements, the success of PTCs customer satisfaction initiatives and our ability to retain and maintain relationships with key employees, distributors, customers and other strategic partners of CoCreate; and our ability to effectively utilize our resources to support multiple PLM product suites while maintaining recurring operations at satisfactory levels to achieve our operating margin goals, 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 selection of PTC products 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, Create Collaborate Control Configure Communicate, CoCreate, CoCreate Modeling 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.

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