PTC Receives $1 Million Follow-On Order From Hon Hai Precision

                           Component Manufacturing 
                 PTC's Pro/ENGINEER Cuts Mold Design Time by 75% 

  WALTHAM, Mass., Nov. 3 /PRNewswire/ -- PTC (Nasdaq: PMTC), a leading 
provider of mechanical computer-aided design (MCAD) solutions, today announced 
that it has received a $1 million order from Hon Hai Precision Component 
Manufacturing. The software was shipped during PTC's first fiscal quarter 
(ending December 30, 2000).  
(Photo: )  
Hon Hai, which operates in the U.S. as Foxconn Electronics, Inc., 
manufactures computer peripherals for customers including Compaq, Dell, Apple, 
Intel, and Cisco. Among PTC's largest mold design customers worldwide, Hon Hai 
plans to expand the use of PTC engineering solutions throughout various 
departments over the next 12 months. With the current deployment of PTC's 
Pro/ENGINEER, Hon Hai had experienced a significant reduction in mold design 
time from their previous 20-day period to just 5 days, a reduction of 75%.  
"Today's manufacturers demand leading-edge technologies behind-the-scenes, 
like PTC's engineering solutions, to help them deliver products in the 
fastest, most efficient way possible," said Trenton Brown, executive vice 
president, International Sales at PTC. "This is where PTC excels. As a valued 
customer, Hon Hai already recognizes these tremendous benefits and we are very 
pleased to offer additional software products and services to support to their 
growing business needs."  
  About PTC's 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 feature 
  About PTC  
PTC, founded in 1985 and headquartered in Waltham, Mass., USA (Parametric 
Technology Corporation), develops, markets, and supports product development 
solutions for collaborative product commerce (CPC) solutions that help 
manufacturing companies shape innovation and achieve 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. PTC 
can be reached at 781-398-5000, or via the Web at  
  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.  
  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.  
CDRS, InPart, CADDS, MEDUSA, 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.  

       Investor Relations Contact:        Public Relations Contact: 
     John G. Mokas                      Rhonda J. Morgan 
     (781) 398-5561                     (651) 765-3065            

-0-                             11/03/2000  
/CONTACT:  John G. Mokas, 781-398-5561, or, or media, 
Rhonda J. Morgan, 651-765-3065, or, both of PTC/  

     /Photo:  NewsCom: 
              AP Archive: 
              PRN Photo Desk, 888-776-6555 or 201-369-3467/ 

/Company News On-Call: or fax, 
800-758-5804, ext. 152380/  
/Web site:  
CO:  PTC; Hon Hai Precision Component Manufacturing; Foxconn Electronics, Inc. 
ST:  Massachusetts, China 
-0- Nov/03/2000 13:02 GMT
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