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Parametric Technology Corporation Announces Enterprise Software Partners Program
10/26/99 8:46:28 AM
WALTHAM, Mass., Oct 26, 1999 (BUSINESS WIRE) --
Strategic Alliances Build Relationships and Drive Product Innovation While Delivering Collaborative Product Commerce and MDA Solutions
Parametric Technology Corporation (NASDAQ:PMTC), a leading provider
of collaborative product commerce (CPC) solutions, today launched its
Enterprise Software Partners (ESP) program. This program provides a
foundation for building relationships with third-party software
companies interested in developing and marketing products that
integrate with PTC's full range of product offerings. The ESP program
is also tightly integrated with PTC's alliance strategy, which involves
working closely with a variety of software companies, platform
providers and systems integrators to support its CPC and Mechanical
Design Automation (MDA) solutions.
As the successor to PTC's Cooperative Software Partners (CSP) program,
the ESP program provides partners with access to an expanded set of
solutions including the Windchill Factor! e-Series, which delivers
value across the product development spectrum, from concept and
definition to production, service, maintenance and retirement. The new
ESP program also gives partners expanded access to PTC's MDA solutions.
"Our partners are critical to our success. With more than 250 partners
worldwide, we believe they are the cornerstone of our success," said
Ron Locklin, vice president, strategic alliances. "The new ESP program
provides our software partners with access to the most comprehensive
suite of CPC and MDA tools available today and gives our customers
access to leading-edge solutions to meet their enterprise objectives."
"As a preferred partner in the new ESP program, we will now have even
greater access to PTC resources and strategic marketing support," said
Grant Williard, president, Integrated Industrial Information, Inc.
(I3). "Our Legend applications for loading heterogeneous legacy
engineering data into Windchill will be even better poised to support
PTC's collaborative product commerce solutions. The bottom line is that
the ESP program will give our customers the advantage of having the
best enterprise and CPC technology available to them, and that helps us
sustain and expand our business."
PTC's ESP program incorporates a two-tiered structure with Tier One
being Preferred ESP partners and Tier Two being ESP program members.
Tier One Preferred ESP partnerships include technology as well as
co-marketing initiatives between PTC and the partner. Tier Two ESP
program members have relationships with PTC that are based primarily on
technology and the integration of their software products with PTC's
solutions.
"As a preferred ESP partner, we are able to utilize an expanded set of
tools such as PTC's Windchill solutions and Behavioral Modeler
Extension, which supports our strategic marketing initiatives to give
customers access to solutions that help them create an optimal, fully
engineered design," said Marc Dulude, president, Moldflow Corporation.
"Our ongoing participation in the ESP program will help ensure that we
continue to deliver world- class software solutions to the injection
molding industry."
Both levels of ESP Partners are admitted to the ESP program
(www.ptc.com/partners/esp) in three main categories including
Mechanical Design Automation (MDA), Collaborative Product Commerce
(CPC) and Service.
--The primary focus of the MDA ESP partners is on building integrations
to the Pro/ENGINEER family of products including a new focus on
partners building integrations to the Behavioral Modeler Extension
(BMX).
--Within the CPC section of the ESP program, partners are focused on
building integrations to the entire Windchill Factor! e-Series
including the following Windchill Factors: Collaboration, Product
Planning, Engineering, Sourcing, Product Management, Manufacturing
Planning, Production and Service.
--The Service section of the ESP program is focused on providing tools
to partners that provide consulting, integration and training services
on software products developed by PTC or an ESP partner.
About PTC
Parametric Technology Corporation, founded in 1985 and headquartered
in Waltham, Mass., develops, markets and supports collaborative product
commerce solutions that help companies spur innovation and achieve
sustained competitive advantage. PTC's software solutions are
complemented by the strength and experience of its professional
services organization, which provides training, consulting and support
to customers worldwide. 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.
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 our ability to anticipate and adequately respond
to evolving customer requirements and to deliver products and services
that meet those requirements, our ability to license technology from
third parties and the success third parties have in developing and
marketing complementary software products in conjunction with our
products, together with such other risks and uncertainties as are
detailed from time to time in reports we file with the Securities and
Exchange Commission, including our most recent reports on Form 10-K and
10-Q.
Parametric Technology Corporation, Windchill and Pro/ENGINEER are
registered trademarks and all names in the PTC product family as well
as the PTC logo are trademarks of Parametric Technology Corporation in
the United States and in other countries. All other companies and
products referenced herein have trademarks or registered trademarks of
their respective holders.
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