PTC and Suzuki Team Together
21 November 2000
PTC and Suzuki Team TogetherPTC's Engineering Solutions to Streamline Engine Design and Development Processes, for Motorcycle Racing Division WALTHAM, Mass., Nov. 21 PTC , the product development company, today announced the addition of Suzuki Motor to PTC's Performance Team Program. Suzuki Motor Corporation, headquartered in Hamamatsu, Japan, is the newest partner to PTC's technical sponsorships program. As part of this initiative, PTC will provide engineering software and services for the Suzuki Motorcycle Racing Division. (Photo: http://www.newscom.com/cgi-bin/prnh/20000821/NEM002LOGO ) Suzuki will be implementing PTC's Pro/ENGINEER and Pro/MECHANICA software for it's new year 2001 road racer project, in order to streamline the engine design and development processes. The Motorcycle Racing Division of Suzuki has already won the World Grand Prix 500 this year, as well as the Superbike in the US (AMA circuit) and the World Endurance Championship Series. In Japan, Suzuki took first place in the All-Japan Road Race Superbike (R2-1) Championship three times, and the company's team was currently ranked second in Japan. "Our goal within Suzuki's Motor Racing Division, is to enter 4-cycle vehicles in the World Grand Prix 500, as early as the year 2002. This challenge is like nothing we have faced before, in terms of preparation and overall product design completion," said Hironori Iguchi, who is heading up the Racing Group for Suzuki. "I expect PTC's rich lineup of solutions and ample experience, will be a tremendous help to our achievement of the challenge ahead of us." "PTC is very excited about Suzuki as the newest addition to its performance team program. Suzuki becomes our third Japanese performance team, others include Nissan Motor Sports International and Dome, giving us a well- rounded program," commented Trenton Brown, executive vice president, International Sales at PTC. "We look forward to providing our best engineering solutions in order to enable Suzuki to remain a winner in their racing league and wish them much luck over this next year." About PTC's 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 feature 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 product development solutions for collaborative product commerce (CPC) solutions that help manufacturing companies shape innovation and achieve 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. About Suzuki Motor Corporation Starting business in 1909 as Suzuki Loom Works, the firm was incorporated in 1920. Since its foundation in Hamamatsu, Japan, SUZUKI has steadily grown and expanded. They continually move forward to meet changing lifestyles. The SUZUKI name is seen on a full range of automobiles, motorcycles, outboard motors, and related products such as generators and motorized wheelchairs, and even prefabricated storage sheds and houses. http://www.suzuki.co.jp/cpd/koho_e/1.htm 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 anticipate and adequately respond to evolving customer requirements and deliver products and services that meet those 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, Pro/MECHANICA, 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. Investor Relations Contact: John G. Mokas (781) 398-5561 jmokas@ptc.com Public Relations Contact: Rhonda Morgan (651) 765-3065 rmorgan@ptc.com