MassTLC Honors PTC’s Kathleen Mitford with Prestigious Technology Excellence Leadership Award

PTC’s EVP of Products Recognized for Inspiring Technology Innovation and Fostering Business Growth

BOSTON–(BUSINESS WIRE)–#AR—PTC (NASDAQ: PTC) today announced that Executive Vice President, Kathleen Mitford, was the recipient of the Massachusetts Technology Leadership Council’s (MassTLC) 2019 Technology Excellence Leadership Award. Mitford was lauded by MassTLC for inspiring innovation across PTC’s broad product portfolio, enhancing and driving best-in-class product development processes, and delivering exceptional business performance.

“We are pleased to be presenting the Tech Excellence Award to Kathleen this year,” said Tom Hopcroft, CEO, MassTLC. “Kathleen’s outstanding leadership in overseeing the development of innovative technologies resulting in success for PTC and ensuring that the technological needs and dreams of her customers are continually met embody the principles of our MassTLC organization and make her stand out from a talented set of finalists this year.”

Each year, MassTLC, Massachusetts’ largest regional technology association, recognizes the best and the brightest from the Massachusetts technology ecosystem with its Mass Tech Leadership Awards program. Spanning 16 categories, the awards highlight the vitality, innovation, and importance of the region’s internationally respected technology industry.

As executive vice president of products, Mitford oversees PTC’s product portfolio, leading product strategy and managing global research and development (R&D). Mitford leads an international team comprised of several thousand talented software developers, with major R&D hubs in the United States, Israel, and India. PTC’s award-winning products span markets from Computer-Aided Design and Product Lifecycle Management to Internet of Things and Augmented Reality. The product lines for which Mitford has responsibility have seen noteworthy market success. Over the past several years, independent analyst organizations around the world have consistently awarded PTC and its products with leadership positions in their ranking reports. Mitford also is a passionate champion of initiatives to drive inclusion and diversity within and outside of PTC.

“Kathleen is an inspiring leader, change agent, and world-class business executive,” said Jim Heppelmann, president and CEO, PTC. “Her unrelenting focus on enabling our staff with an enriching environment and motivating culture and her passion for providing our customers with the highest quality products in the world are major contributors to PTC’s success.”

About PTC (NASDAQ: PTC)

PTC unleashes industrial innovation with award-winning, market-proven solutions that enable companies to differentiate their products and services, improve operational excellence, and increase workforce productivity. With PTC, and its partner ecosystem, manufacturers can capitalize on the promise of today’s new technology to drive digital transformation.

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Jack McAvoy

jmcavoy@ptc.com