Appleseed's Deploys PTC(R) Retail, Footwear and Apparel Solution to Drive PLM Initiatives.Multi-Channel Retailer Benefits from Immediate 20 Percent Improvement in Design Efficiency NEEDHAM, Mass. -- PTC (PTC, Needham, MA, www.ptc.com) Long a world leader in mechanical computer-aided design, manufacturing and engineering software, PTC, through acquisitions and reorganization, has transformed itself into a leading provider of Internet-based B2B solutions for discrete manufacturers. (Nasdaq: PMTC PMTC Prevention of Mother to Child Transmission (of HIV/AIDS) PMTC Pacific Missile Test Center PMTC Professional Multimedia Test Center ), the Product Development Company[R], today announced that Appleseed's, a retailer of classic women's apparel, has successfully deployed the PTC Retail, Footwear and Apparel solution, FlexPLM[TM], for its product data management, line planning and product variation management capabilities. Appleseed's implemented FlexPLM as its collaborative PLM (Product Life cycle Management) A comprehensive information system that coordinates all aspects of a product from initial concept to its eventual retirement. Sometimes called the "digital backbone" of a product, it includes the requirements phase, analysis and design system that utilizes a central library to manage its product and material information. With the out-of-the-box capabilities of FlexPLM, Appleseed's improved design efficiency by 20 percent, reduced grading formula errors and improved its material and product quality through clearer data representation. Managing multiple brands with thousands of new and updated styles to drive three to four market pushes each season was becoming increasingly challenging across the Appleseed's organization. The company decided to replace its former product data management system that maintained product data in multiple places, often manually, with a centralized cen·tral·ize v. cen·tral·ized, cen·tral·iz·ing, cen·tral·iz·es v.tr. 1. To draw into or toward a center; consolidate. 2. and automated au·to·mate v. au·to·mat·ed, au·to·mat·ing, au·to·mates v.tr. 1. To convert to automatic operation: automate a factory. 2. PLM system that enabled visibility into products and materials throughout the complex lifecycles of Appleseed's product lines. Appleseed's chose FlexPLM for its capabilities for seasonal concepts, line development and sample management requirements. The first phase of the implementation began with the Appleseed's and Togs divisions. This phase was focused primarily on technical design to establish basic classifications and structure for its products and materials and went live July 2007. The second phase as planned will include system configuration to support seasonal planning, merchandise planning Merchandise Planning is a strategic and systematic approach used by retailers, particularly in fashion and non-food areas. It is aimed at maximising return on investment, through planning and monitoring sales, margins and inventory in order to increase profitability. and business planning and will include sourcing/costing, vendor collaboration and interfaces into Appleseed's other business systems. "We selected PTC because FlexPLM is the best solution that delivers out-of-the box capabilities that are key to the retail, footwear and apparel industry," said Ron Beard beard, hair on the lower portion of the face. The term mustache refers to hair worn above the upper lip. Attitudes toward facial hair have varied in different cultures. , chief information officer, Appleseed's. "Additionally, PTC worked very closely with our teams as a resource partner to create and implement a PLM plan that worked within our budget, avoided extensive customizations and delivered immediate measurable benefits. We look forward to continuing our partnership with PTC as we begin the second phase of the implementation." "Many retail, footwear and apparel organizations like Appleseed's need to maximize technology investments while minimizing their time and resources to get benefits from their PLM initiatives," said Kathleen Mitford, vice president, vertical market strategy for retail, footwear and apparel, PTC. "FlexPLM was developed to deliver out-of-the-box capabilities and still be flexible and scalable to support the future PLM requirements of leading retailers like Appleseed's." About Appleseed's Founded in 1946 in Beverly, MA, Appleseed's is a market-leading provider of updated classic apparel for women who value style, quality and comfort in their clothes. With a foundation as a catalog catalog, descriptive list, on cards or in a book, of the contents of a library. Assurbanipal's library at Nineveh was cataloged on shelves of slate. The first known subject catalog was compiled by Callimachus at the Alexandrian Library in the 3d cent. B.C. company, Appleseed's today has grown into a multi-channel retailer, offering products through a catalog, website, and in warm and welcoming retail stores. In the fall of 2005, Appleseed's expanded its focus on this market through the acquisition of The Tog Shop. For more information on Appleseed's please visit www.appleseeds.com. About PTC Solutions for Retail, Footwear and Apparel PTC[R] solutions for retail, footwear and apparel are designed to meet the product lifecycle Product lifecycle or product life cycle is the course of a product's sales and profits over time. The five stages of each product lifecycle are product development, introduction, growth, maturity and decline. management requirements of retailers, branded manufacturers and their suppliers. These web-based solutions are comprised of FlexPLM[TM] and provide configurable functionality and information visibility across the enterprise and its supply chain. PTC is a leading provider to top retail, footwear and apparel brands worldwide. About PTC PTC (Nasdaq: PMTC) provides leading product lifecycle management (PLM), content management and dynamic publishing solutions to more than 50,000 organizations 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 Midcap mid·cap adj. 1. Or or relating to corporations whose retained earnings and outstanding shares of common stock have a value between those of small cap companies and large cap corporations. 2. 400 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 forward-looking statement A projected financial statement based on management expectations. A forward-looking statement involves risks with regard to the accuracy of assumptions underlying the projections. that involve risks and uncertainties that could cause actual results to differ materially from those projected. These include: our ability to continue to successfully develop and integrate the technology necessary to offer an integrated product development system for the retail, footwear and apparel industry that adequately responds to evolving customer requirements including the system's ability to facilitate global product development and control all aspects of the development cycle so that products are delivered to the marketplace quickly; the continued growth in the adoption of PLM solutions by these customers and ability to maintain key customer relationships providing the foundation for repeat business; and our ability to achieve our growth objectives by extending our solutions to vertical industries beyond the discreet dis·creet adj. 1. Marked by, exercising, or showing prudence and wise self-restraint in speech and behavior; circumspect. 2. Free from ostentation or pretension; modest. manufacturing verticals traditionally served by PTC; as well as other risks and uncertainties detailed from time to time in reports filed by PTC with the Securities and Exchange Commission, including the Company's most recent reports on Form 10-K Form 10-K A report required by the SEC from exchange-listed companies that provides for annual disclosure of certain financial information. Form 10-K See 10-K. and 10-Q. The announcement of any particular deployment of PTC products is not necessarily indicative of the timing of recognition of revenue from such order or the level of revenue for any particular period. References to customer successes are based upon a single user experience and such customer's testimonial. PTC and its logo, The Product Development Company, Windchill, FlexPLM and all PTC product names and logos are trademarks or registered trademarks of Parametric Technology Corporation |Parametric Technology Corporation]] Parametric Technology Corporation (PTC)(NASDAQ: PMTC) provides Product Lifecycle Management (PLM) engineering CAD/CAM software and content management and dynamic publishing solutions to more than 40,000 companies worldwide. or its subsidiaries in the United States United States, officially United States of America, republic (2005 est. pop. 295,734,000), 3,539,227 sq mi (9,166,598 sq km), North America. The United States is the world's third largest country in population and the fourth largest country in area. and in other countries. |
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