PTC's Pro/ENGINEER Speeds Richard Childress Racing Enterprise's Designs to the Racetrack
21 August 2000
PTC's Pro/ENGINEER Speeds Richard Childress Racing Enterprise's Designs to the Racetrack
WALTHAM, Mass. - As part of its focus on its Performance Teams, PTC , a
leading provider of collaborative product commerce (CPC) solutions, today
celebrated its successes with Richard Childress Racing Enterprises Inc. (RCR),
a leading NASCAR stock car racing operation. RCR fields the Winston Cup Series
teams of seven-time champion Dale Earnhardt and 1997 Rookie-of-the-Year, Mike
Skinner, as well as the Busch Series teams of Rookie-of-the-Year leader Kevin
Harvick and Mike Dillon. RCR uses PTC software to promote innovation in its
development process and to reduce design time. This partnership supports PTC's
position as one of the leading software vendors with resources dedicated to the
Performance Team industry. (See today's related release, "PTC Shares Outstanding
Success with Performance Teams".)
"Our design team has benefited greatly from using PTC's Pro/ENGINEER
software. In fact, Pro/ENGINEER enabled us to design proprietary parts with
complex surfaces in house -- something we were unable to do without
Pro/ENGINEER," said Clifton B. Kiziah, Design Engineer for RCR Research and
Design. "We continue to be impressed on a daily basis with the power and
functionality of Pro/ENGINEER and other PTC products. PTC's solutions have
enabled us to expand our capabilities and accomplish a new level of design
professionalism."
RCR uses PTC software to streamline and accelerate its project development
process, reducing the time necessary to get a design modification on to the
racetrack. RCR previously used two-dimensional design software to develop its
models and components, which forced them to produce physical mockups by which
to machine and manufacture the parts. Pro/ENGINEER provided RCR with rapid
generation of solid, three-dimensional models and surfaces of a part to export
directly to the shop responsible for its manufacturing. By removing the
additional mockups and speeding the synthesis of three-dimensional models, the
PTC software was able to drastically reduce RCR's time-to-product.
"The combination of secrecy and demand for innovation in stock car racing
really puts the pressure on the teams to be the first to find the fastest
design," said Jon Stevenson, executive vice president and general manager,
MCAD at PTC. "Our software has allowed RCR to eliminate redundancy in their
design process, and helped to expedite their innovations."
RCR's racing program was also accelerated by Pro/ENGINEER's associative
capabilities, which update any given changes in the design parametrically
throughout the entire component product design and lifecycle. This feature
simplifies refinements and removes many of the traditional, computational
restrictions to innovation. For example, RCR can modify the dimensions of a
part quickly and have the assembly and drawing update automatically. Not only
does that save time during the design stage, but it also enables RCR to
immediately verify the viability of the modified design.
About PTC's Flexible Engineering Solutions
The PTC i-Series of flexible engineering solutions, based on PTC's award
winning Pro/ENGINEER software and the practices of PTC Global Services, is a
group of design and engineering solutions focused at addressing collaborative
product commerce engineering initiatives. These solutions are relied on daily
by more than 250,000 users to drive their worldwide product development and
engineering functions. The solutions use unique approaches with many patent-
pending and award-winning technologies such as Pro/ENGINEER behavioral
modeling that captures engineering knowledge and allows designers to innovate
new products more rapidly and effectively. The PTC i-Series of flexible
engineering solutions, underpinned by PTC's Windchill software, also features
Pro/MECHANICA, DIVISION, Pro/DESKTOP, ICEM, CDRS, InPart, CADDS 5i, and
MEDUSA.
About PTC
PTC, founded in 1985 and headquartered in Waltham, Mass., USA (Parametric
Technology Corporation), develops, markets, and supports collaborative product
commerce (CPC) solutions that help manufacturing companies shape innovation
and achieve sustainable competitive advantage in the Internet age. These B2B
e-commerce solutions employ powerful Web-based collaboration and flexible
engineering technologies to streamline product development and delivery
processes. PTC's software solutions are complemented by the strength and
experience of PTC Global Services, which provides training, consulting,
support, and e-commerce services to customers worldwide. With PTC's CPC
solutions, manufacturers can take advantage of the Internet to improve product
quality, reduce costs, and shorten time-to-market cycles. PTC can be reached
at 781-398-5000, or via the Web at 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 include PTC's ability to
successfully develop, integrate, and support technologies that address
evolving customer requirements together with such other risks and
uncertainties as are detailed from time to time in reports filed by PTC with
the Securities and Exchange Commission, including PTC's most recent reports on
Form 10-K and 10-Q.
PTC, Pro/ENGINEER, Windchill, Pro/MECHANICA, Pro/DESKTOP, CADDS, MEDUSA,
InPart, CDRS, ICEM, DIVISION, 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. Names of
products from other vendors mentioned in this document may be trademarks or
registered trademarks of their respective owners.