PTC Receives $5.4 Million Follow-on Order for Windchill

 Software and Related Services From Hutchinson Technology 
Inc.  
Business/Technology Editors  
WALTHAM, Mass.--(BUSINESS WIRE)--July 12, 2000--  
Hutchinson Technology Utilizes PTC's Windchill  
to Enhance Collaboration and Time-to-market Capabilities  
PTC (Nasdaq: PMTC), a leading provider of collaborative product 
commerce (CPC) solutions, today announced it has received a $5.4 
million follow-on order from Hutchinson Technology Inc. (HTI) for 
Windchill software and maintenance, and combined services. These 
combined services include consulting and training for Windchill and 
Pro/ENGINEER. HTI is the leading manufacturer of suspension assemblies 
for rigid computer system disk drives.  
HTI must closely collaborate with its customers in order to 
quickly achieve the best designs tailored to the customers' 
requirements. Key to HTI's market success is the company's ability to 
efficiently integrate with key suppliers. This allows HTI to 
significantly reduce its time-to-market. With PTC's Windchill, HTI is 
able to address the needs of both of these key partners, transforming 
its development and manufacturing process from a traditional, 
document-based sequential design approach to an innovative, 
product-centric collaborative approach. Through the use of Windchill, 
HTI is better able to work efficiently and effectively to meet the 
rapid development cycle requirements of the disk drive industry.  
"Our relationship with PTC is very positive; we've been able to 
move from document-centric to part-centric data management, 
streamlining our product documentation creation and maintenance, using 
PTC's software," said David Radloff, chief information officer at 
Hutchinson Technology. "We've used PTC's products since 1994, having 
previously standardized on PTC's Pro/ENGINEER, and successfully 
completed our initial Windchill implementation in October of 1999. We 
expect that Windchill Release 5.0 will expand upon the benefits we've 
already garnered."  
About PTC's Web-based Collaboration Solutions  
Focused on all phases of a product's lifecycle -- from concept and 
definition to production, service, maintenance, and retirement -- 
Windchill advances collaborative product commerce (CPC) initiatives by 
allowing manufacturers to collaborate over the Internet with their 
customers, suppliers, and partners throughout the product development 
and delivery process. Windchill's unique Web-based approach 
springboards manufacturers into the Internet age, enabling them to 
capitalize on enterprise expertise, customer knowledge, and supplier 
innovation while accelerating the global introduction of innovative 
products to market with reduced risk and lower costs.  
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 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 
include PTC's ability to anticipate and adequately respond to evolving 
customer requirements, and to successfully develop, integrate and 
support the technology necessary 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. HTI must also closely 
collaborate with its customers in order to quickly achieve the best 
designs tailored to the customers' requirements. 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, Windchill, 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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