PTC Continues Competitive Momentum in CAD with Creo Customer Expansions Worldwide

More Companies Leverage Creo for Scalable, Flexible Product
Design and Manufacturing

BOSTON–(BUSINESS WIRE)–lt;a href=”https://twitter.com/hashtag/2D?src=hash” target=”_blank”gt;#2Dlt;/agt;–PTC
(NASDAQ: PTC) today announced the expansion of the use of its
award-winning Creo^® suite
of computer-aided design (CAD) software by some of the world’s most
innovative companies. The Creo platform supports real-time simulation,
IoT-connected design, augmented reality-driven experiences, and additive
manufacturing.

Creo is consistently relied upon by global companies for its ease of
use, scalability, and reliability. A sampling of companies recently
electing to implement or expand their use of Creo include:

• Telefield,
  LTD., a telecommunications manufacturing expert, is expanding
  their use of Creo in the research and development engineering process
  to help realize their goal of being a total solution provider for
  telecommunications customers.
• ZIEHL
  ABEGG, SE., a German ventilation system, control engineering,
  drive and automotive technology expert, is expanding their Creo
  capabilities to aid in the research, development, and quality
  assurance of products.
• MIKUNI
  (Zhejiang) Co., Ltd, a foreign-funded enterprise invested by
  MIKUNI Corporation, will implement Creo in the development of new
  surface treatments, precision machined parts, and pressed parts for
  natural gas safety devices.
• Vstone
  Co., Ltd., a robotics manufacturer,
  will leverage Creo for the development of educational robots, small
  biped-humanoid robots, research robots, and serial servomotors.

“PTC is driving the next evolution of CAD, and we are excited to help
these companies realize their true competitive edge with their use of
Creo,” said Brian Thompson, SVP and general manager, CAD, PTC. “With the
recent acquisition of Frustum and the launch of Creo Simulation Live
with ANSYS, we look forward to pushing the boundaries even further,
enabling our customers to design more innovatively while accelerating
time to market.”

Furthering PTC’s leadership in CAD, PTC announced
a new simulation extension for Creo, named Creo Simulation Live,
which is powered by ANSYS Discovery Live technology; providing customers
with a truly integrated design to simulation workflow. The Creo
Simulation Live integration will enable engineers to make more
informed decisions throughout the development process, and will also
enable them to spend more time innovating, freeing teams up to imagine
new products to bring to market and focus on more complex analysis.
Looking ahead, once the integration of the recent Frustum generative
design technology is complete, AI driven generative design will
complement the capabilities in Creo Simulation Live, enabling customers
to generate and iterate their designs from directly within the Creo
modeling environment.

Additional Resources

• Creo
  Simulation LIVEstream replay
• PTC
  CAD Software Solutions
• PTC
  CAD Software Blog
• Press
  release: ANSYS and PTC to Offer Groundbreaking Integrated Solution
  for Design at the Speed of Thought
• Press
  release: PTC Adds Artificial Intelligence and Generative Design
  Capabilities to Enhance and Expand its CAD Portfolio with Acquisition
  of Frustum

The announcement of the selection, implementation or deployment of PTC
products is not necessarily indicative of the timing of recognition of
revenue therefrom or the level of revenue for any particular period.

The timing of any product release or integration, including any features
or functionality, is subject to change at PTC’s discretion.

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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PTC, Creo and the PTC logo are trademarks or registered trademarks of
PTC Inc. or its subsidiaries in the United States and other countries.

Contacts

PTC
Corporate Communications
Jack McAvoy
jmcavoy@ptc.com