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Technology Stocks : PTC
PTC 176.59+0.1%Dec 26 9:30 AM EST

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To: Box-By-The-Riviera™ who wrote (2635)10/13/1999 8:42:00 AM
From: Paul Lee  Read Replies (1) of 3646
 
Motorola Partners With Parametric Technology Corp. to Enhance Global Product Development Efforts

WALTHAM, Mass.--(BUSINESS WIRE)--Oct. 13, 1999--

-- Motorola Places Multi-Million Dollar Order for

PTC i-Series Software and Services --

Parametric Technology Corporation (NASDAQ:PMTC) today announced that it has received a multi-million dollar order for software and services from Motorola, Inc., Schaumburg, Ill. With this order Motorola will expand its use of PTC i-Series product development design automation technology to improve product development efforts across all divisions worldwide.

Motorola, a global leader in providing integrated communications solutions and embedded electronic solutions, has been a user of PTC's product development solutions for more than five years. Expanded use of Pro/ENGINEER and Pro/MECHANCIA will enable increased flexibility for Motorola's worldwide development efforts by enabling global product development teams to access and communicate product information in real time. Motorola will also begin an initial implementation of PTC's Behavioral Modeling technology to speed the innovative design of product models.

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