Market Overview

PTC Continues Competitive Momentum with New and Expanded Creo Customers

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Global Companies Choose Creo CAD Software for Scalable, Flexible
Product Design and Development

PTC
(NASDAQ:PTC) today announced numerous companies have selected and
continued to expand their use of the Creo®
suite of computer-aided design (CAD) software instead of competitive
solutions. To improve their product design and innovation processes,
organizations large and small rely on PTC's CAD software for its ease of
use, simplicity, and reliability.

Creo helps these and other companies more easily close the gap between
the physical and digital worlds by capitalizing on new capabilities and
technologies like augmented reality (AR), Internet of Things (IoT),
topology optimization, computational fluid dynamics, and more. CAD data
is the foundation for the digital twin, a digital record of each
product's designed, manufactured, service, and real-world state.
Comprised of the digital definition of the product and the physical
experience of the asset in the field, this new technology enables
manufacturers to envision new products that better meet customer needs,
as well as develop business models to better market and sell the product
to customers.

For the past two fiscal years, and for the first half of fiscal year
2018, PTC's CAD bookings grew double-digits, far outpacing market
growth. This continued momentum is exemplified by the following sampling
of organizations that recently switched to or expanded their usage of
the PTC Creo suite:

  • CAME,
    a leading multinational company that provides integrated technology
    solutions for automated home, building, and urban environments, will
    implement PTC's Creo software.
  • Cramasie,
    an award-winning product design and development consultancy that
    blends industrial design and mechanical engineering to create
    innovative products, replaced their existing CAD solution with Creo.
  • Dexprom,
    a Portuguese company that produces large and complex molds for the
    automotive industry, along with packaging, home appliances and garden
    products, will expand their use of Creo.
  • ProtonVDA,
    a clinical proton radiography system with a design that is compact,
    monolithic and scalable to large field sizes, has made the switch to
    Creo.
  • Volkswagen,
    a worldwide, leading automobile manufacturer and the largest carmaker
    in Europe, expanded their Creo footprint.

"With Creo, it's simple for customers of all sizes and industries to
transform an early design concept into a smart, connected product," said
Brian Thompson, SVP and general manager, CAD, PTC. "These companies,
ranging from a well-known automobile manufacturer to an automated home
and building solution provider, all recognized the potential of Creo to
give them a true competitive edge, and PTC is eager to support their
journey and outcomes."

To learn more about the Creo suite of offerings and other ways PTC's CAD
software can help your organization, please visit: http://www.ptc.com/en/cad.

Additional Resources

About PTC (NASDAQ:PTC)
PTC helps companies around the world
reinvent the way they design, manufacture, operate, and service things
in and for a smart, connected world. In 1986 we revolutionized digital
3D design, and in 1998 were first to market with Internet-based product
lifecycle management. Today, our leading industrial innovation platform
and field-proven solutions enable you to unlock value at the convergence
of the physical and digital worlds. With PTC, manufacturers and an
ecosystem of partners and developers can capitalize on the promise of
the Internet of Things and augmented reality technology today and drive
the future of innovation.

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About our Bookings Measure and Forward-Looking Statements
Our
bookings measure is the annualized contract value of new subscription
contract multiplied by two plus perpetual license revenue for the period.

The announcement of a customer's selection of PTC products is not
necessarily indicative of the timing of recognition of related revenue
or the level of revenue for any particular period.

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

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