Carnegie Mellon Robotics Academy Uses PTC Pro/Engineer(R) to Create Lego(R) Mindstorms(R) Robots for Use by Students across the Globe.

Hands-on design projects reinforce classroom concepts, fuel interest in technology careers

NEEDHAM, Mass. -- PTC (Nasdaq: PMTC), the Product Development Company[R], announced today that teachers working with Carnegie Mellon University's Robotic Academy used Pro/ENGINEER Schools Edition to construct Lego NXT robots as part of the Robotics Academy's international outreach. The Robotics Academy's mission is to use the motivational effects of robotics to excite students about science and technology.

Since 2002, Carnegie Mellon's Robotics Academy has developed hands-on-mind-on projects using robotics to teach science, technology, engineering, and mathematics concepts. This past summer the Robotics Academy worked with PTC to expand its outreach utilizing PTC Pro/ENGINEER Schools Edition software and PTC[R] University training sessions. The PTC Education Program provides students with the opportunity to develop expertise with the same software used by professional engineers worldwide. This past summer, teachers spent five weeks at Carnegie Mellon learning how to use Pro/Engineer Schools Edition software. Teachers were able to solve unique design challenges and reinforce their understanding of how the interaction between math and science can be taught through Pro/ENGINEER.

Pro/ENGINEER Schools Edition complements Carnegie Mellon's curriculum by providing teachers and students with the parametric solid models for all of the NXT robotics parts. This enables schools to use industry standard software and teach engineering process as they challenge their students to solve engineering design problems. Using Pro/ENGINEER Schools Edition in conjunction with Carnegie Mellon's CD-ROM based program, students can design NXT models and then develop animations to test their designs, a critical component of the design process. The ability to test their NXT designs with the Pro/ENGINEER animation tool enhances students' understanding of engineering processes. It also gives students the opportunity to see their designs in action and to detect and correct any design errors before they build the final product.

"Before anything is manufactured in the future, it will be modeled using parametric solid modeling software," stated Robin Shoop, director of the robotics academy, at Carnegie Mellon University Robotics Institute. "Carnegie Mellon's Robotics Academy is interested in developing tools for educators that help prepare students for the new economy. Our collaboration with Pro/ENGINEER expands teachers' opportunities to engage students in engineering education opportunities."

"Programs like the Carnegie Mellon University Robotics Academy are an important step in creating excitement about engineering and technology," said John Stuart, senior vice president global partners and education, PTC. "PTC is proud to be able to provide our industry-leading Pro/ENGINEER software to support valuable education and outreach programs like this one."

More than 10,000 academic institutions in 28 countries and more than 3.2 million students currently participate in the PTC Education Program. PTC is also committed to promoting technological literacy in middle and secondary schools. The company's philanthropic initiatives toward advancing technology education have been recognized in leading publications such as BusinessWeek Magazine.

About PTC Education Program

PTC's education program embodies the company's commitment to worldwide technological literacy by offering teachers complete learning solutions to improve students' critical thinking and problem-solving skills. From secondary schools to university programs, PTC provides sophisticated education tools including professional engineering software, training and classroom materials that help students strengthen math and science skills as well as pursue careers in technology.

About PTC

PTC (Nasdaq: PMTC) provides leading product lifecycle management (PLM), content management and dynamic publishing solutions to more than 40,000 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.

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: the success of our initiatives to facilitate our customer's understanding of the benefits of our PLM solutions, including return on investment and value creation; the ability of our education and training programs to prepare a growing number of students to become engineers and bolster the adoption of our software solutions; the success of our partnering, distribution and customer satisfaction initiatives, together with those that are detailed in reports filed by PTC with the U.S. Securities and Exchange Commission, including the Company's most recent reports on Form 10-K and 10-Q.

PTC and its logo, The Product Development Company, Pro/ENGINEER, Wildfire 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. LEGO and MINDSTORMS are trademarks of the LEGO Group of companies.