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CIMC's Selection of ThingWorx Enables Smart Manufacturing, Lowering Plant Operating Costs and Increasing Production Efficiency

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PTC's ThingWorx to Enable Predictive Maintenance to Reduce Energy
Consumption and Unplanned System Downtime

PTC
(NASDAQ:PTC) today announced that China International Marine Containers
(Group) Ltd. (CIMC), a world leading supplier of logistics and energy
equipment, successfully launched its smart manufacturing pilot project,
‘IoT + MES,' built on PTC's ThingWorx® Industrial Innovation
Platform.

Echoing the concept of ‘Made in China 2025' and efforts to promote the
deep integration of the Internet, big data, artificial intelligence, and
the real economy, CIMC has been committed to innovation and promoting
the development of smart manufacturing. Its subsidiary, Qingdao CIMC
Reefer Container Manufacture Co., Ltd (QCRC), took the lead in piloting
the integration of IoT and Manufacturing Execution Systems (MES).

As the overall platform for the QCRC pilot project, ThingWorx will
connect to the company's MES to form an integrated factory information
platform and data application consumption platform to achieve
full-course visual operations, conduct big data analysis of major
technologies, and ultimately help reduce operating costs and increase
production efficiency.

ThingWorx is the industry leading, award-winning Industrial Innovation
Platform from PTC that includes technologies and tools that enable users
to rapidly develop, deploy, and extend apps and augmented reality
experiences. ThingWorx contains a broad set of features, including a
variety of connectivity options, application development tools, and
analytics all built around a single, real-time view of a physical object
in the digital world.

Thus, ThingWorx supports remote data collection of connected devices,
enables independent and secure connection between devices, manages
devices/sensors, and integrates with multiple enterprise-level systems.
The big data learning and analysis function in ThingWorx will also
enable predictive maintenance and reduce energy consumption and
unplanned downtime of those devices. QCRC project leaders will be able
to understand the factory's operations, abnormalities, and warnings in
real-time, as well as future production trends.

"The QCRC pilot project, ‘IoT + MES,' is a case where information
technology is used to solve the problem in business management. It
provides data for operations, management, and decision-making," said
Jinjie Pan, CIO, CIMC. "This is our capacity-building effort to
integrate automated devices and an information-based platform, and it is
also our exploration of the integration of automation and
informatization. The on-time launch of this project is a testament to
our capability of organizing and rapid delivery."

"We are excited to see a leading organization like CIMC utilize PTC's
ThingWorx platform to truly embrace the industrial IoT for smart
manufacturing and digital transformation," said Jerry Liu, DVP and
president of Greater China, PTC. "We believe the successful launch of
this pilot project will accelerate CIMC's informatization development,
facilitate its digital transformation, and promote the development of
smart manufacturing in the Chinese market."

Additional Resources

About CIMC and QCRC
China International Marine Containers
(Group) Ltd. (CIMC) is a world leading supplier of logistics and energy
equipment, headquartered in Shenzhen of China. CIMC is dedicated to
supplying high-quality and reliable equipment and services, including
containers, vehicles, energy, chemical and food equipment, offshore,
logistics services, airport facilities, etc. Qingdao CIMC Reefer
Container Manufacture Co., Ltd (QCRC) is a subsidiary company of CIMC
which is committed to the R&D and manufacture of world-class
refrigerated and insulated equipment. It is one of the most trustworthy
reefer container suppliers for shipping companies and container leasing
companies all over the world. For more information, please visit www.cimc.com
and www.qdcimc.com.

About PTC (NASDAQ:PTC)
PTC helps companies around the world
reinvent the way they design, manufacture, operate, and service products
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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The announcement of any particular selection or implementation of PTC
products is not necessarily indicative of the timing of recognition of
revenue there from or the level of revenue for any particular period.

PTC, ThingWorx, 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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