Audi Sports’ Winning Le Mans R10 Diesel Engine Developed with PTC® Software Solutions

NEEDHAM, Mass.--PTC , the Product Development Company®, today announced that Audi Sport, the motorsports division of Audi AG, will shortly complete its 11th consecutive year of successful motor sports partnership with PTC. Audi Sport deploys on PTC’s Product Development Solution – including Pro/ENGINEER®, the CAD/CAM/CAE solution, and Windchill®, the information and process management system – to develop its winning race cars for both the German Saloon Masters (DTM) as well as the program with the Sport Prototype including the “24 Hours of Le Mans.” Windchill PDMLink® has been deployed to capture and manage all product development information to help maximize engineering productivity for the Audi Sport development teams. It also enables collaboration between the Audi Sport team and the Audi brand group as part of their ongoing technology transfer.

In a spectacular achievement, the Audi R10 TDI won both its maiden race at the 2006 “12 Hours of Sebring” and the 2006 “24 Hours of Le Mans.” It was the first diesel engine to win either of those events. The Audi R10 sports prototype is a testament to the power of the Product Development System. In only 10 month’s development time, the Audi Sports engineering department in Neckarsulm, Germany developed and built a revolutionary 12 cylinder diesel engine that excels in both torque and power output. In its first Le Mans participation ever, the R10 TDI not only achieved the fastest lap ever, but also covered a new record distance of 380 rounds in 24 hours.

“PTC Pro/ENGINEER has added a lot of value to our development efforts by reducing the development time for our different racing cars for many years now,” said Dr. Wolfgang Ullrich, head of the sports and special developments division at Audi. “As a great example, we were able to realize a complete redevelopment of the A4 DTM in only four and a half months. In a recent re-engineering project to optimize the V8 race engine for the DTM 2006 racing season, Windchill PDMLink proved to be tremendously helpful to better manage our product development data. Providing collaborative access to data and product structures, it allowed the teams to work in parallel and save valuable time in the development process.”

“Partnering with leading race teams like Audi Sport is a vital element in PTC’s strategy to provide leading edge solutions,” said Martin Walters, director of automotive product and market strategy, PTC. “With the necessity to be on the grid on next Sunday’s racing event, a product development system needs to be fast, reliable and effective. Working successfully against the extreme time pressures in racing clearly proves that our technology meets the needs of the automotive industry, where shorter product development cycles are day to day business.”

From Formula 1 to NASCAR to America's Cup sailing, the world's best performance teams partner with PTC to support their advanced and demanding design, development and manufacturing projects.

About Audi Sport

Since Audi has revolutionised rally sport at the beginning of the 1980s with the quattro drive, AUDI AG demonstrates with exceptional motor sports successes what the company slogan “Vorsprung durch Technik” truly means. AUDI AG positions itself as the sportiest manufacturer in the premium segment. In 2006 the company supports its engagement with a particularly extensive and ambitious motor sports commitment: A total of ten Audi A4 DTM cars are set to contest the DTM, one of the most popular racing series alongside Formula 1. Parallel to this involvement, Audi is the first automotive manufacturer to win in the legendary 24 Hours of Le Mans with a diesel engine.

About PTC Solutions for the Automotive Industry

PTC solutions for automotive are designed to meet the product design and product life cycle management needs of both OEMs and suppliers in the automotive industry. PTC provides 3D design, product data management and collaboration solutions to over 1400 automotive manufacturers including 8 of the top ten suppliers and 3 of the top 5 OEMs.

About PTC

PTC provides leading product lifecycle management (PLM), content management and dynamic publishing solutions to more than 40,000 companies worldwide. PTC customers include the world's most innovative companies in manufacturing, publishing, services, government and life sciences industries. PTC is included in the S&P 500 and Russell 2000 indices. For more information on PTC, please visit http://www.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 are detailed in reports filed by PTC with the U.S. Securities and Exchange Commission, including the Company's most recent reports on Form 10-K and 10-Q.

PTC, the PTC logo, The Product Development Company, Pro/ENGINEER, Windchill, Windchill ProjectLink, Windchill PDMLink, Arbortext, Mathcad and all PTC product names are trademarks or registered trademarks of Parametric Technology Corporation in the United States and in other countries.