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Embraer Selects PTC to Bring Future Aircraft to Market Faster



  Embraer Selects PTC to Bring Future Aircraft to Market Faster

   Choice Validates PTC’s Leadership in Product Lifecycle Management (PLM)
                   Solutions for Global Aerospace & Defense

Business Wire

NEEDHAM, Mass. -- January 24, 2013

PTC (Nasdaq: PMTC) today announced that Brazil-based Embraer, one of the
world’s largest aircraft manufacturers, has selected PTC’s product lifecycle
management (PLM) technology solutions to help bring new innovative aircraft to
market faster, more efficiently, and with the highest levels of quality. With
the switch to PTC from its legacy PLM provider, Embraer is proactively
preparing for an expected increase in demand for new aircraft in the coming
years.

“At Embraer, we have a proud tradition of innovation that has allowed us to
satisfy the ever changing demands of the global aviation industry,” said Mauro
Kern, Embraer’s executive vice president, Engineering and Technology. “This
PLM program with PTC will bring the best technology to improve our ability to
design, develop, and deliver innovative, safe, and efficient aircraft.”

To capitalize on its market opportunity, Embraer sought to modernize its
technology infrastructure and business processes. Doing so will improve
management’s confidence in meeting accelerated delivery schedules while
maintaining Embraer’s commitment to quality and safety. Central to its ability
to achieve these goals is the choice of a new product lifecycle management
backbone system that offers the broadest set of capabilities.

“PTC showed us a strong technical and commercial solution that matched our key
ITC enterprise architecture – wide functionality and flexible parameterization
to avoid customization, open and easy interfacing allowing integration into a
heterogeneous environment, and a flexible licensing and support model with
balanced intellectual property protection minimizing our total cost of
ownership”, said Alexandre Baulé, Embraer´s CIO.

After an exhaustive review of PLM technology providers, Embraer chose PTC as
its partner of record for its entire global aircraft development program –
commercial, executive and defense.

“The complexity of modern aircraft is increasing at a rapid pace – in terms of
customer demand, component structure, and supplier networks,” said Jim
Heppelmann, president and CEO of PTC. “Addressing this complexity requires a
modern, scalable system that can manage collaboration across a global
development process. PTC has deep experience helping aircraft makers
accelerate innovation and we are honored to have been chosen by an industry
leader like Embraer to help them achieve their business objectives.”

The selection also validates, and further extends, PTC’s position as a leading
PLM technology solution provider for the aerospace and defense (A&D) industry.

“According to our PLM market research, PTC is the market leader in providing
collaborative Product Definition management (cPDm) software and services to
the A&D market with their Windchill portfolio,” said Peter Bilello, president
of PLM strategic management consulting firm CIMdata. “And over the past
several years, PTC has also experienced the fastest growth rate of any major
solution provider in this market.”

For PTC, which currently has customers, partners and facilities in Brazil and
Mexico, this deal marks an important expansion of the company’s business
across Latin America.

Additional Resources:

  * PTC’s Product Lifecycle Management (PLM) Resource Center
  * PTC Solutions for Aerospace and Defense
  * High Performance PLM (ebook)
  * Mastering Global Product Development for Business Advantage (white paper)

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About Embraer
Embraer S.A. is the world’s largest manufacturer of commercial jets up to 120
seats, and one of Brazil’s leading exporters. Embraer’s headquarters are
located in São José dos Campos, São Paulo, and it has offices, industrial
operations and customer service facilities in Brazil, China, France, Portugal,
Singapore, and the U.S. Founded in 1969, the Company designs, develops,
manufactures and sells aircraft and systems for the commercial aviation,
executive aviation, and defense and security segments. It also provides after
sales support and services to customers worldwide. For more information,
please visit www.embraer.com.br.

About PTC
PTC (Nasdaq: PMTC) enables manufacturers to achieve sustained product and
service advantage. The company's technology solutions transform the way
products are created and serviced across the entire product lifecycle - from
conception and design to sourcing and service. Founded in 1985, PTC employs
over 6,000 professionals serving more than 27,000 businesses in
rapidly-evolving, globally distributed manufacturing industries worldwide. Get
more information at www.ptc.com.

The announcement of a customer’s selection, implementation, deployment or
adoption of PTC software is not necessarily indicative of the timing or amount
of revenue from such engagement or of PTC’s overall revenue for any particular
period.

PTC and the PTC logo are trademarks or registered trademarks of Parametric
Technology Corporation or its subsidiaries in the United States and other
countries.

Contact:

PTC Corporate Communications
Beth Ambaruch, 952-435-5058
bambaruch@ptc.com
or
WeberShandwick
Anand Savani, 617-520-7290
asavani@webershandwick.com
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