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Technology Stocks : PTC -- Ignore unavailable to you. Want to Upgrade?

To: Bob Howarth who wrote (2607)	10/8/1999 12:05:00 PM
From: Paul Lee	Read Replies (1) \| Respond to of 3646

Parametric Technology Receives $2 Million Order For Software And Services From ADC Telecommunications, Inc WALTHAM, Mass.--(BUSINESS WIRE)--Oct. 8, 1999-- -- Initial 600-Seat Order Marks Enterprise-Wide Commitment to Windchill -- Parametric Technology Corporation (NASDAQ:PMTC) today announced that it has received a $2 million order for software and services, from ADC Telecommunications Inc., Minnetonka, Minn. With this initial order, ADC will implement 600 Windchill seats, with plans to expand that implementation to 2,000 seats. ADC, a leading supplier of voice, video and data systems and software for communications service providers, has also been a long-time user of Pro/ENGINEER mechanical design automation software. With this order, the company will also expand its use of Pro/ENGINEER to improve global product development. According to Pete Hemp, Vice President and General Manager for ADC's Broadband Connectivity Group, "Pro/ENGINEER has helped ADC achieve significant improvements in our product development process. The Windchill technology from PTC will be a key enabler in our design anywhere / manufacture anywhere product development strategy. Windchill's Internet-centric technology approach is very consistent with ADC's e-business philosophy." "With engineering and manufacturing operations in North America, Europe, Asia and Australia, we need solutions that enable ADC to leverage product information assets throughout our dispersed product development process," said Bob Lippert, Director of Enterprise Engineering Systems for ADC. "ADC formed a global evaluation team representing business requirements from all ADC divisions. After an in-depth analysis of solutions we are convinced that Windchill is uniquely equipped to effectively handle our requirements for coordination of our global engineering and manufacturing processes." 2.Parametric Technology Corporation Receives $2.8 Million Order to Power Engineering At Sandia National Labs; PTC i-Series Helps to Bring 3D Design to All Engineers WALTHAM, Mass.--(BUSINESS WIRE)--Oct. 8, 1999--Parametric Technology Corporation (NASDAQ:PMTC) today announced that it has received a $2.8 million order for PTC i-Series products from Sandia National Laboratories (http://www.sandia.gov), Albuquerque, N.M. With this order Sandia will expand its use of Pro/ENGINEER and Pro/MECHANICA and will provide Pro/DESKTOP to integrate conceptual engineers and desktop designers with the mainstream design process. Sandia, a national security laboratory operated for the U.S. Department of Energy by Lockheed Martin, designs non-nuclear components for the nation's nuclear weapons, performs a wide variety of energy research and development projects, and works on a wide variety of assignments that respond to national security threats -- both military and economic. "Our goal is to put 3D design solutions into the hands of every engineer - with no restrictions - so everyone can be inspired to innovate," said Larry Grube, Sandia's mechanical CAD/CAE department manager. "The new Behavioral Modeling in Pro/ENGINEER 2000i, coupled with the new conceptual engineering capabilities of Pro/DESKTOP 2000i make the PTC solution far better for true design innovation." Grube added, "The use of these and other PTC i-Series products throughout Sandia will allow us to communicate and collaborate more effectively as we drive our productivity forward." "With the PTC i-Series we are delivering a broad suite of interoperable product development solutions to Sandia," said Jim Baum, executive vice president, engineering, research and development, PTC. "This means our customers' deployments can grow with their businesses using the underlying and unique Associative Topology Bus (ATB) to share and migrate design data."