Black & Decker Selects PTC(R) Windchill(R) Solutions As Backbone For Strategic PLM Initiatives.Integral architecture, powerful data management and collaboration capabilities support ongoing business growth and success 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. [R] (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 Black & Decker, a leading global manufacturer and marketer of power tools and accessories, hardware and home improvement products, and technology-based fastening systems, has selected Windchill for strategic 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 (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 ) initiatives in its Industrial Products Group. The implementation includes Windchill PDMLink[R], Windchill ProjectLink[TM], Windchill PartsLink[R], and Windchill Enterprise Systems Integration (ESI (Edge Side Includes) A markup language for Web pages that enables elements of a Web page to be dynamically assembled in servers distributed throughout the Internet. ) to SAP[R]. Black & Decker will also take advantage of PTC services and educational offerings. To sustain its leadership position as the world's largest producer of power tools and accessories, Black & Decker required a PLM solution that would enable it to accelerate time-to-market without compromising quality and innovation. Equally important was the company's desire to maximize its technology investment by embracing a solution that would support the complex collaboration and data management requirements of its heterogeneous CAD environment and global product development initiatives. Looking to improve the capabilities of the company's existing product data management (PDM (1) (Product Data Management) An information system used to manage the data for a product as it passes from engineering to manufacturing. The data includes plans, geometric models, CAD drawings, images, NC programs as well as all related project data, notes and ) solution to successfully address these challenges, Black & Decker began searching for a replacement PLM system. Windchill, the PTC content and process management solution, helps companies control product development data and enable internal and external product development collaboration. The breadth and depth of Windchill provides discrete manufacturers like Black & Decker a solution that advances their strategic initiatives in product quality, time-to-market, and innovation. Additionally, the integral Windchill architecture offers a high-quality and low-risk technology solution, providing a low total cost of ownership. "As a global company with many design centers and manufacturing locations around the world, we have complex collaboration and data management requirements," said John Howson John Howson (d. 6 February 1632) was Bishop of Durham from 1628–1632. Religious titles Preceded by George Montaigne Bishop of Durham 1628–1632 Succeeded by Thomas Morton Political offices Vacant , vice president global engineering, Black & Decker. "Windchill now gives us the capability to easily integrate across our regions and functional groups." "We are very pleased that Black & Decker selected Windchill as its enterprise PLM solution, and look forward to supporting their needs for years to come," said C. Richard Harrison There are several people named Richard Harrison.
Process by which the experience of everyday life, marked by the diffusion of commodities and ideas, is becoming standardized around the world. Factors that have contributed to globalization include increasingly sophisticated communications and transportation , their processes become exponentially more complex. Customers like Black & Decker are turning to PTC to help optimize product development processes due to the power of our solutions and our expertise in solving these complex challenges." About Black & Decker Black & Decker is a global manufacturer and marketer of quality power tools and accessories, hardware and home improvement products, and technology-based fastening systems. Its products and services are marketed in more than 100 countries, and it has manufacturing operations Manufacturing operations concern the operation of a facility, as opposed to maintenance, supply and distribution, health, and safety, emergency response, human resources, security, information technology and other infrastructural support organizations. in eleven countries. Throughout its businesses, B&D has established a reputation for product innovation, quality, end-user focus, design, and value. The company's strong brand names and new product development capabilities enjoy worldwide recognition, and its global distribution is unsurpassed in its industries. About PTC PTC (Nasdaq: PMTC) provides leading product lifecycle management (PLM), content management and dynamic publishing solutions to more than 50,000 companies 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 400 and Russell 2000 indices. For more information on PTC, please visit http://www.ptc.com Statements in this news release that are not historical facts, including statements about our confidence and strategies and our expectations about revenue, results of operations, and market acceptance of our products, are 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 successful development and integration of the technology necessary to offer integrated PLM solutions that address business-critical product lifecycle management functions and that adequately respond to the evolving requirements of product designers ; our ability to coordinate and manage joint activities with third parties (including technology integration, development, implementation and support) in order to deliver products and services that meet our customer's integration requirements; and the success of PTC's customer satisfaction initiatives in providing the foundation for long-term relationships and repeat business, 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 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 selection of PTC products is not necessarily indicative of the timing of recognition of revenue therefrom or the level of revenue for any particular period. PTC and its logo, The Product Development Company, Pro/ENGINEER, Wildfire, Windchill, Windchill PDMLink, Windchill ProjectLink, Windchill PartsLink 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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