PTC and HP Expand Relationship Through Customer Loyalty Program

Partnership Delivers Added Value to Active Maintenance Customers Through Special Offers/Discounts

NEEDHAM, Mass. — (BUSINESS WIRE) — June 7, 2010 — PTC (Nasdaq: PMTC), The Product Development Company®, today announced that HP, the world’s largest technology company, has become the newest participating partner in the PTC® Maintenance Support Gold Loyalty Discount Program. In addition to HP, Adobe and Integrated Industrial Information, Inc. (I-CubedTM), a company specializing in the integration and collaboration of enterprise systems, have also joined the program.

The Gold Loyalty Discount Program rewards active maintenance customers with special offers and discounts from a select group of PTC hardware and software partners. Active maintenance customers are automatically enrolled in the free program.

HP, Adobe and I-Cubed join a growing list of partner participants in the program designed to offer customers additional value as part of their investment in PTC Maintenance Support. Participating partners include: CADNexus Inc., Dell Inc., Knovel Corporation, Lenovo Inc., 3Dconnexion, Inc.; Mentor Graphics Corporation; Objet Geometries Ltd.; Virtalis; and Z Corporation.

HP, a PTC Alliance Advantage Partner, has a long-standing relationship with PTC and has integrated PTC Pro/ENGINEER® into the HP Performance Advisor tool ( www.hp.com/go/performanceadvisor). HP Performance Advisor gives non-technical users a simple, effective way to keep their HP workstations operating at full potential. Combined, these tools allow PTC Pro/ENGINEER to run optimally on HP workstations. HP offers a wide range of products certified with the latest PTC releases ( http://www.ptc.com/partners/hardware/current/support.htm).

PTC’s U.S. Gold Loyalty Discount Program customers will have access to special offers found on the HP Small and Medium Business Online Store for HP Workstations and HP Mobile Workstations.

“HP is pleased to be part of the PTC Gold Loyalty Discount Program,” said Mike McGrorey, Workstation Segment Marketing Manager, HP. “The HP and PTC relationship allows us to provide PTC customers with innovative hardware and software that is tuned and integrated. This helps ensure solutions that perform well now and in the future.”

“Thanks to the close relationships we have with our software and hardware partners, PTC Maintenance Support customers have been taking advantage of the special promotions we connect them to through the Gold Loyalty Discount program,” said Anthony DiBona, executive vice president, Global Maintenance Support, PTC. “We are pleased to continue to add new partners to the program that deliver real value to our customers by helping them reduce their expenditures on technology related to PTC products.”

PTC Global Maintenance Support provides customers with access to new versions of their software, technical support through global ISO-certified call centers as well as web-based support tools and pro-active, productivity-oriented features such as support email alerts and “live” and recorded technical tips sessions.

All attendees of the PTC/USER World Event in Orlando, Florida June 6 – 9, 2010 are invited to visit the PTC Gold Loyalty Partner Booth #301.

For more information please visit: http://www.ptc.com/support/maintenance/gold/.

About PTC

PTC (Nasdaq: PMTC) provides discrete manufacturers with software and services to meet the globalization, time-to-market and operational efficiency objectives of product development. Using the company’s CAD, and content and process management solutions, organizations in the Industrial, High-Tech, Aerospace and Defense, Automotive, Consumer and Medical industries are able to support key business objectives and create innovative products that meet both customer needs and comply with industry regulations. For more information on PTC, please visit http://www.ptc.com.

PTC and its logo, The Product Development Company, Pro/ENGINEER 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.



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