Komatsu America Selects PTC’s Windchill® and Arbortext®

  Komatsu America Selects PTC’s Windchill® and Arbortext® Software to Improve
  Delivery of Product Information

 Komatsu Expects to save Nearly $1M by Leveraging Engineering Product Data to
                   Automate Technical Publication Processes

Business Wire

NEEDHAM, Mass. -- March 02, 2010

PTC (Nasdaq: PMTC), The Product Development Company®, today announced that
Komatsu America Corp., a subsidiary of Komatsu Ltd., the world’s second
largest manufacturer and supplier of construction, mining and compact
construction equipment, has chosen Windchill®, PTC’s PLM software, and
Arbortext®, PTC’s Dynamic Information Delivery software.

Komatsu manufactures an array of products, including dump trucks, hydraulic
excavators and a computer-based mine management system. Through its internal
technical publishing and training department, Komatsu supports the production
and delivery of technical information in the forms of operating instructions,
shop manuals, parts books and training presentations. In response to
increasing content complexity and global opportunities, Komatsu needed to
improve the automation of its technical publication processes to ensure the
delivery of high-quality, multi-language product and service information.

“Komatsu America chose to work with PTC because PTC’s integral PLM
architecture and broad set of dynamic publishing capabilities fit well with
our corporate strategy for improving how we create and deliver product
information,” said Sean Smither, manager service material, Komatsu America
Corp. “Working with the whole PTC team, from sales to technical support, has
been a great experience as they have been very supportive during the entire
process. We look forward to continue working with PTC.”

Windchill and Arbortext will enable Komatsu America to establish a dynamic
publishing system that will allow it to repurpose engineering source data to
create technical publications and automate the delivery of product information
to the field. Komatsu estimates that it can save $900,000 annually by reducing
its direct and indirect costs of localization, automating its processes and
communication with outsourced agencies, and consolidating information shared
globally across its business groups. The selection expands Komatsu’s use of
PTC software, which already includes Pro/ENGINEER®, PTC’s integrated
parametric MCAD/CAM/CAE software.

“PTC is committed to helping our customers realize the greatest value from
their product development data,” said Bill Berutti, Arbortext general manager,
PTC. “As validated with Komatsu, Arbortext combined with Windchill can provide
tremendous ROI for our customers within their technical and service
information processes.”

About Komatsu North America

Komatsu America Corp. is a U.S. subsidiary of Komatsu Ltd. which is the
world’s second largest manufacturer and supplier of construction, mining and
compact construction equipment. Komatsu America also serves forklift and
forestry markets. Through its distributor network, Komatsu offers a
state-of-the-art parts and service program to support the equipment. Komatsu
has proudly been providing high-quality reliable products for nearly a
century. Visit the website at www.komatsuamerica.com for more information.

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 PLM and CAD solutions,
organizations in the Industrial, High-Tech, Aerospace and Defense, Automotive,
Retail and Consumer, and Medical industries are able to support key business
objectives and create innovative products that meet customer needs and comply
with industry regulations. For more information on PTC, please visit
http://www.ptc.com.

The announcement of any particular selection of PTC software is not
necessarily indicative of the timing of recognition of revenue therefrom or
the level of revenue for any particular period. In addition, in many cases
PTC’s software must be successfully implemented and deployed to enable the
customer to achieve its business objectives. The announcement of a customer’s
selection of PTC software does not indicate that applicable implementation and
deployment activities are complete.

PTC and its logo, The Product Development Company, Pro/ENGINEER, Windchill,
Arbortext and all PTC product names and logos are trademarks or registered
trademarks of Parametric Technology Corporation and/or its subsidiaries in the
United States and in other countries.

Contact:

PTC
Beth Ambaruch, 952-435-5058
Corporate Communications
bambaruch@ptc.com
or
For PTC
Weber Shandwick
Kristen Georgian, 617-520-7042
kgeorgian@webershandwick.com