PTC Receives $2.1 Million Pro/ENGINEER Order from SHARP

Business/Technology Editors  
WALTHAM, Mass.--(BUSINESS WIRE)--July 5, 2000--  
World Leading Manufacturer Accelerates Pro/ENGINEER Implementation to  
Achieve Further Competitive Advantage in the Global Market  
PTC (Nasdaq: PMTC), a leading provider of collaborative product 
commerce (CPC) solutions, today announced today announced it has 
received a $2.1 million order from SHARP CORPORATION for Pro/ENGINEER 
software and services. The software was delivered during PTC's third 
fiscal quarter (ended July 1, 2000).  
Founded in 1912, SHARP CORPORATION is a world-leading manufacturer 
of liquid crystal products. With over 60,000 employees across 14 
countries, SHARP CORPORATION produces a variety of electronic 
products, both for home and office use. The manufacturer has 
previously leveraged the Pro/ENGINEER software solution for 
development of its products and is now planning to expand its 
implementation of Pro/ENGINEER to the entire company to achieve 
further competitive advantage.  
"We've been able to significantly advance several product projects 
by working with Pro/ENGINEER from PTC," said Eiki Kida, vice 
president/division general manager in Design Systems Development 
Center, Production Technology Development Group of SHARP CORPORATION. 
"By expanding deployment of Pro/ENGINEER, we expect to see further 
competitive advantage and design productivity enhancements."  
"Today's manufacturers take the customers' needs into product 
development and produce innovative products as quickly as the speed of 
Internet allows," said C. Richard Harrison, president and CEO of PTC. 
"PTC's flexible engineering solutions enable manufacturers to meet 
market requirements and remain competitive in the new economy. This 
follow up order from SHARP CORPORATION proves that this company has 
found a way to get the productivity gains and increased competitive 
advantage it needs."  
About PTC's Pro/ENGINEER  
More than 250,000 users worldwide use PTC's flexible engineering 
solutions to address product development initiatives. At the heart of 
these solutions is PTC's Pro/ENGINEER product and manufacturing design 
system, which now features next generation behavioral modeling 
technology that captures engineering knowledge and allows designers to 
innovate new products more rapidly and effectively.  
About PTC  
PTC, founded in 1985 and headquartered in Waltham, Mass., USA 
(Parametric Technology Corporation), 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  
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.  
PTC, Pro/ENGINEER, 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. Names of products from other vendors mentioned in this 
document may be trademarks or registered trademarks of their 
respective owners. 
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