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Parametric Technology Corp. Receives Orders Exceeding $1

 Million for Pro/ENGINEER Software From Hon Hai
Precision Component Manufacturing 
Business/Technology Editors 
WALTHAM, Mass.--(BUSINESS WIRE)--Jan. 10, 2000--Parametric
Technology Corporation (NASDAQ:PMTC) today announced that it received
orders exceeding $1 million for Pro/ENGINEER software from Hon Hai
Precision Components Manufacturing, based in Taiwan. The software was
shipped to the company during PTC's first fiscal quarter (ended
January 1, 2000). 
Hon Hai, which operates in the U.S. as Foxconn Electronics, Inc.,
manufactures computer peripherals for customers including Compaq,
Dell, Apple, Intel, Cisco and Legend. With annual sales of over $1
billion, Hon Hai was listed #17 in Business Week magazine's Infotech
100. 
"We are pleased with our strategic partnership with Hon Hai and
strongly believe that their use of Pro/ENGINEER software and PTC's
professional support services will strengthen their competitive
advantage in the global marketplace," said C. Richard Harrison, PTC's
president and chief operating officer. 
About Hon Hai Precision Component Manufacturing 
Hon Hai is a worldwide leader in the business of OEM/ODM
manufacture of computer peripherals including connectors, cable
assemblies, chassis, risercards, switches, keyboards, CD-ROMs and
thermal products. Internationally, Hon Hai Precision Industry Co. Ltd.
has significant manufacturing operations in China, the United States
and Europe. 
About Pro/ENGINEER and the PTC i-Series 
The PTC i-Series is a continuum of interoperable mechanical
design automation solutions employed by PTC's more than 227,000 users
worldwide for the design, engineering, manufacturing and support of
products. All information is shared among these solutions using PTC's
unique Associative Topology Bus, ensuring that changes are propagated
and shared with all product development participants. The Pro/ENGINEER
design system -- the heart of the PTC i-Series -- features PTC's new
Behavioral Modeling technology which allows designers to innovate
their products more rapidly and effectively. The PTC i-Series also
features Pro/MECHANICA, Division, Pro/DESKTOP, ICEM, CDRS, InPart,
CADDS 5 and MEDUSA. 
About the Company 
Parametric Technology Corporation, founded in 1985 and
headquartered in Waltham, Mass., develops, markets and supports
collaborative product commerce (CPC) and flexible engineering
solutions that help companies spur innovation and achieve sustained
competitive advantage. These solutions leverage PTC's leadership in
providing software that streamlines design and engineering processes,
improves product quality and reduces cost and time-to-market cycles.
PTC's software solutions are complemented by the strength and
experience of its professional services organization, which provides
training, consulting and support to customers worldwide. 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 in a timely manner 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 the company'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,
CADDS and InPart \ 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.