Monday June 19, 8:43 am Eastern Time
Company Press Release
PTC and Journey Publishing Announce Student Editions of Pro/ENGINEER 2000i2 and Pro/MECHANICA 2000i2
ST. LOUIS--(BUSINESS WIRE)--June 19, 2000--PTC (Nasdaq: PMTC - news), a leading provider of Collaborative Product Commerce (CPC) solutions, and Journey Publishing, Inc. today announced the Pro/ENGINEER 2000i2 Student Edition and Pro/MECHANICA 2000i2 Student Edition here at the American Society of Engineering Education Conference. The product will be available for shipment in August 2000. These new student edition products will bring PTC's unique flexible engineering solutions and mechanical design automation technology to the student and education marketplace in the United States, Canada, Mexico, Europe, Australia and New Zealand.
``PTC is committed to furthering the education and intellectual power of today's students around the world,'' said Wayne George, vice president of strategic marketing for PTC. ``Our partnership with Journey Publishing will give students affordable access to the same industry-leading technology they may use after graduation.''
``By training current students in the use of this technology today, we not only open the world to the innovative ideas these individuals have, we also empower students to become better prepared for the future,'' added George. ``We were very pleased with the results of the Pro/ENGINEER 2000i Student Edition launched last fall. Based on the feedback we received, we have added surfacing and animation tools to the Pro/ENGINEER Student Edition and introduced a new Pro/MECHANICA offering to the student market as well. In addition, we have expanded Student Edition distribution to include not only the United States and Canada, but also Europe, Mexico, Australia and New Zealand as well.''
The Pro/ENGINEER 2000i2 Student Edition provides PTC's best-in-class mechanical design automation tools to students at a highly affordable price. Combining tools to allow intricate 3D computer-aided design with PTC's unique Behavioral Modeling technology, the new Student Edition will allow students and academic faculty to fully utilize robust design functionality.
The Pro/MECHANICA 2000i2 Student Edition, which is compatible only with the Pro/ENGINEER 2000i2 Student Edition, provides the industry's premier design and analysis tool that simulates how a product will function in its intended environment. The two products together will enable students to not only create designs, including those that are driven by specific objectives and desired functional behavior, but also to test them in a simulated real-world environment.
Pro/MECHANICA, a Pro/ENGINEER module, allows users to evaluate and optimize the mechanical performance of product designs in real-world situations, reducing the need for expensive physical prototypes while enhancing overall product quality. Pro/MECHANICA 2000i2 Student Edition includes Structural Simulation, Motion Simulation and Thermal Simulation.
Pricing and Availability
The Pro/ENGINEER 2000i(2) Student Edition and Pro/MECHANICA 2000i(2) Student Edition is available to degree-seeking students (including high school students), faculty and staff for educational use only. This product may not be used for commercial, professional or for-profit purposes and lab or institutional sales are unavailable. Both products are expected to ship in early August.
Pro/ENGINEER 2000i(2) Student Edition is priced at US $299.98. Students who own Pro/ENGINEER 2000i Student Edition can upgrade to Pro/ENGINEER 2000i(2) Student Edition for only $149.98 from Journey Education Marketing.
Pro/MECHANICA 2000i(2) Student Edition is priced at US $149.98. If Pro/ENGINEER 2000i(2) Student Edition and Pro/MECHANICA 2000i(2) Student Edition are purchased together, the price is $399.98.
Orders may be placed in university bookstores or at the Journey Publishing web site at journeyed.com. For more information about PTC educational sales go to the following URL: www.ptc.com/company/contacts/college.htm
About PTC
PTC, founded in 1985 and headquartered in Waltham, Mass., USA (Parametric Technology Corporation), develops, markets, and supports collaborative product commerce (CPC) solutions that help manufacturing companies shape innovation and achieve sustainable 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. In its fiscal year ended September 30, 1999, the company achieved more than $1 billion in revenue. PTC can be reached at 781-398-5000, or via the Web at ptc.com.
About Journey
Journey Publishing is a wholly owned subsidiary of Journey Education Marketing. Founded in 1990 and headquartered in Carrollton, Texas Journey Education Marketing has grown to become North America's top education software e-commerce site and multichannel reseller carrying top quality productivity software and related technology products. Journey offers a full range of service and support to all major software and related technology companies whose products they represent and to the thousands of schools and millions of students they serve.
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 work successfully with third party suppliers to deliver those products and services, 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.
PTC, Pro/ENGINEER, Pro/MECHANICA 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.
Contact:
Investor Relations Contact:
James Kelliher
(781) 398-5561
jkelliher@ptc.com
or
Public Relations Contact:
Roberta Carlton
(781) 398- 5479
rcarlton@ptc.com |
