PTC® Expands Business with Visteon and Delivers Mathcad® for Engineering Calculations

Engineering Calculation Tool Adds Value to Existing Pro/ENGINEER® Implementation

NEEDHAM, MA. – July 30, 2007 - PTC (Nasdaq: PMTC), the Product Development Company®, today announced that Visteon Corporation (NYSE: VC), a leading global automotive supplier, is using Mathcad to create and document the engineering calculations and mathematical models used in the design of automotive electronics.

With Mathcad, users can develop mathematical models used to verify that designs will meet customer requirements over varying production and environmental conditions. Mathcad worksheets are designed to communicate analysis results to other interested parties throughout the design process.

Because the worksheets are reusable, they can be used as a starting point for similar designs, which can improve productivity and enhance analysis capabilities.

The combined strengths of Pro/ENGINEER and Mathcad deliver an integral solution that enables companies to streamline the process of leveraging critical engineering calculations that drive product design models.

“Leading companies like Visteon are constantly innovating and improving product quality to meet customer demand,” said Martin Walters, director automotive product and market strategy, PTC. “The integration of Mathcad software with Pro/ENGINEER is another example of our commitment to continually develop innovative product development solutions that help our customers remain competitive. We are pleased to support Visteon’s ability to deliver great products to the market.”

Mathcad’s standards-based XML architecture enables organizations to extend its capability beyond just engineering calculations. Its open-engineering data model easily integrates to other engineering applications and creates an auditable trail of documented calculations that simplify compliance reporting, verification and troubleshooting initiatives.

Mathcad enables organizations to create, automate, document and reuse engineering calculations early in the product development process in order to determine the critical dimensions and parameters used to create the CAD model. By calculating the parameters required and predicting the performance of the design early in the process, instead of guessing key dimensions and parameters, product designers can more rapidly produce optimized designs. Mathcad is ideal for knowledge capture of engineering calculations and gives engineers the ability to reuse engineering-driven analyses throughout the design process that can save time, streamline design processes and reduce costs associated with rework.

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