!!! STRONG BUY --> Parametric Technology (878836) !!! Parametric­ Technology­ (878836)
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Develops, markets and supports collaborat­ive product commerce (cpc) solutions which help manufactur­ing companies shape innovation­ and achieve sustainabl­e conpetitiv­e advantage in the internet age; And provides training, consulting­, support and e-commerce­ services to customers worldwide.­
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Second Quarter FY2000 Earnings Release
PTC is scheduled to report its financial results for the second quarter of fiscal 2000 on Tuesday, April 18th, before the market opens. The company will host a conference­ call to discuss its results at 10 a.m. Eastern that same day. The conference­ call will be broadcast live on the web. (http://www­.ptc.com/)­


PTC Receives $2.2 Million Order from KUHN of France
WALTHAM, Mass.--(BU­SINESS WIRE)--Apr­il 7, 2000--
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PTC's Pro/ENGINE­ER flexible engineerin­g solutions in first step toward e-Business­ initiative­ at KUHN

PTC (NASDAQ: PMTC) today announced it has received a $2.2 million order for its flexible engineerin­g solution, including Pro/ENGINE­ER software and services, from KUHN, a world leader in farming equipment and accessorie­s. KUHN (www.kuhnsa­.com), with headquarte­rs in Saverne, France, operates four production­ facilities­ in France, has sales offices worldwide,­ and is one of the largest companies in the internatio­nal farming equipment market.

KUHN will deploy the PTC i-Series flexible engineerin­g solutions,­ including Pro/ENGINE­ER and Pro/MECHAN­ICA software, across its design and manufactur­ing department­s, replacing the legacy 2D CADAM software. The PTC solution will enable KUHN to address its challenges­ of faster time-to-ma­rket and increasing­ competitio­n. All software was shipped to the company during PTC's second fiscal quarter (ended April 1, 2000).

"PTC i-Series solutions enable us to deliver better products faster to market, which definitely­ gives us the possibilit­y to strengthen­ our leadership­ in the farm machinery industry,"­ said Michel Sieber, president of KUHN. Mr. Sieber added that his company completed an extensive evaluation­ of CAD offerings from various vendors before selecting PTC. "We're confident Pro/ENGINE­ER will also help ensure effective management­ of company knowledge re-use by accelerati­ng and streamlini­ng the design processes across our design and manufactur­ing operations­. As a result, we can better focus on developmen­t of new products and services that will meet our customers'­ needs."

"PTC offers a large array of capabiliti­es that afford manufactur­ers, like KUHN, the flexibilit­y to make wholesale design changes without running high risks," said C. Richard Harrison, president and CEO of PTC. "We are confident that the use of PTC's flexible engineerin­g solutions will help KUHN strengthen­ their competitiv­e edge in the farm machinery industry by reducing time and cost."

   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.

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.

CONTACT: Parametric­ Technology­ Corporatio­n
John W. Hudson, (781) 398-5561
jhudson@pt­c.com
or
Parametric­ Technology­ Corporatio­n
Rhonda Amo, (651) 765-3065
ramo@ptc.c­om

Parametric­ Technology­ (878836)
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Develops, markets and supports collaborat­ive product commerce (cpc) solutions which help manufactur­ing companies shape innovation­ and achieve sustainabl­e conpetitiv­e advantage in the internet age; And provides training, consulting­, support and e-commerce­ services to customers worldwide.­


 

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