Baoding Tianwei Wind Power Blade Standardizes on PTC

  Baoding Tianwei Wind Power Blade Standardizes on PTC Pro/Engineer for Its
  Design Platform

    Dramatically Improves the Accuracy and Efficiency of Its Product Data

Business Wire

NEEDHAM, Mass. -- April 07, 2009

PTC (Nasdaq: PMTC), The Product Development Company®, today announced that
Baoding Tianwei Wind Power Blade Co., Ltd. (TWPB), a subsidiary of Baoding
Tianwei Baobian Electric Co., Ltd., has successfully deployed PTC®
Pro/ENGINEER® as its standard platform for fan blade design. TWPB develops,
manufactures and provides after-sale services for blades of in-grid wind power
units. It currently works with Denmark-based blade mold manufacturer SSP to
develop MW-level fan blades.

As the airfoil section of fan blade design is diversified and complex,
traditionally it took a long period of time to complete the 3D modeling for
fan blades. However, with the powerful surface design features and
associativity of Pro/ENGINEER, the system can automatically generate each
section according to relevant parameters, and update calculation modules and
3D modeling accordingly. In addition, by allowing different types of data
import, Pro/ENGINEER also supports seamless integration with TWPB’s analysis
software. With the software and service support from PTC and its channel
partner Beijing Link-on Technology Co., Ltd., TWPB has as a result improved
its product data accuracy and design efficiency.

“PTC’s 3D, parametric CAD software, Pro/ENGINEER has greatly reduced our
workload and shortened new product development time and cost. We are very
satisfied with the pre-sale and after sale services and training provided by
Beijing Link-on Technology,” said Nie Yongjun, Vice General Manager of Baoding
Tianwei Wind Power Blade Co., Ltd. “We look forward to working with PTC and
Beijing Link-on Technology to deploy additional PTC solid modeling
technologies and relevant solutions.”

The global energy shortage has brought unprecedented opportunities for the
development of new types of energy, and as a result, China's wind power
industry is expected to see tremendous growth in the next few years. In 2007,
the number of new wind power units globally increased 32.1%, amounting to the
capacity of 20.073 million kilowatts. In China, the number climbed by 121% to
2.96 million kilowatts and the total capacity reached 5.56 million kilowatts,
an increase of 114%, the highest growth rate in the world. The number of
Chinese wind power equipment manufacturers has increased from half a dozen to
more than 50 in the past five years. In addition, the Chinese government has
attached great importance to the issue with a number of energy-saving,
emission reduction and new energy policies.

“We are very pleased that TWPB has selected PTC's product, Pro/ENGINEER, as
its powerful design features will help TWPB design team to improve product 3D
modeling efficiencies, ensure product quality and reduce production time,”
said Sin Min Yap, director, product and market strategy, PTC. “PTC is
committed to help enterprises such as TWPB use Pro/ENGINEER to achieve their
product development objectives and maximize their ROI.”

About Baoding Tianwei Wind Power Blade Co., Ltd.

Baoding Tianwei Wind Power Blade Co., Ltd is wholly-owned subsidiary of
Baoding Tianwei Baobian Electric Co., Ltd. under Baoting Tianwei Group, with
RMB200 million of registered capital. Started with an initial investment of
RMB437 million, TWBP currently has a total investment of RMB1.2 billion. The
company has introduced state-of-the-art technologies and whole set of
automation equipment from Denmark. TWPB is engaged in R&D, design,
manufacturing and after-sale services for blades of in-grid wind power units..
For more information on TWPB, please visit http://www.twbb.com

About PTC

PTC (Nasdaq: PMTC) provides discrete manufacturers with software and services
to meet the globalization, time-to-market and operational efficiency
objectives of product development. Using the company’s CAD, and content and
process management solutions, organizations in the Industrial, High-Tech,
Aerospace and Defense, Automotive, Consumer and Medical industries are able to
support key business objectives and create innovative products that meet both
customer needs and comply with industry regulations. For more information on
PTC, please visit 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 successful
development and integration of the technologies necessary to offer integrated
PLM solutions that address evolving product lifecycle management functions and
that are deployable across extended corporate boundaries as well as supply and
customer chains, the ability of PTC to successfully partner and effectively
coordinate and manage joint activities (including sales, marketing,
implementation and support) with third parties in order to efficiently and
cost effectively deliver multiple product families and related services that
meet customer requirements, the success of PTC’s customer satisfaction
initiatives in providing the foundation for long-term relationships and repeat
business; the possibility that current economic conditions could cause our
customers to reduce or forego investment in our solutions and/or could
negatively impact our ability to collect receivables due from our customers,
either of which would negatively impact our cash from operations and thereby
reduce amounts available to invest in our business initiatives; and our
ability to effectively utilize our resources to undertake one or more
strategic corporate development initiatives while maintaining recurring
operations at satisfactory levels, 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 standardization of PTC
products is not necessarily indicative of the timing of recognition of revenue
therefrom or the level of revenue for any particular period. References to
customer plans for future purchases are based References to customer successes
and plans for future purchases of PTC solutions are based upon such customer’s
testimonial and is subject to change at the customer’s discretion.

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product namesare trademarks or registered trademarks of Parametric Technology
Corporation in the United States and in other countries.

Contact:

PTC
Corporate Communications
Kristian Talvitie, 781-370-6151
ktalvitie@ptc.com
or
For PTC
Weber Shandwick
Amanda Keane, 617-520-7260
akeane@webershandwick.com