Dongfeng Chaoyang Diesel Engine Improves Cross Functional and Departmental Collaboration with PTC(R) Windchill(R).Users Increase Productivity, Reduce Errors and Improve 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 Dongfeng Chaoyang Diesel Engine Co., Ltd., one of the largest diesel engine manufacturers in China, has optimized and streamlined its product development processes with PTC Windchill solutions. The deployment of Windchill has improved cross-functional and departmental collaboration involving engineers in design, engineering, manufacturing, assembly, as well as users in other corporate departments. By building a complete, consistent and up-to-date repository for Product Development information based on Windchill, Chaoyang Diesel Engine has realized the comprehensive integration of enterprise information, and become the first to realize integration between Windchill and SAP in the automobile industry in China China's automobile industry is in rapid development since year 2000. In 2006, 7.189 million motor vehicles were manufactured in China, making China passed Germany as the third largest automobile maker. . Chaoyang Diesel uses Windchill in conjunction with its PTC Pro/ENGINEER[R] implementation. "Companies in the automobile industry automobile industry, the business of producing and selling self-powered vehicles, including passenger cars, trucks, farm equipment, and other commercial vehicles. strive to reduce product development time while maximizing productivity management and advancing quality control," said Mr. Zhao Zhuang, general manager of Dongfeng Chaoyang Diesel Engine. "Given the intense competition in the diesel engine and powertrain market, the PTC Product Development System has become our key competitive advantage to ensure quick response to customer demands and collaboration with partners." Chaoyang Diesel Engine has established Windchill as its enterprise-level 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 system platform to satisfy the needs of product structure management, change management and flow control, which provides advanced design methods and management tools to product research and development. In addition, Chaoyang Diesel Engine has established a database of more than 1,300 shared product structures. By reorganizing and optimizing legacy structures, Chaoyang Diesel Engine has solved problems it faced concerning the difference between drawings and parts/assembly in addition, Chaoyang Diesel Engine has enabled the release of product structure data to the production system using an optimized process flow and to provide accurate data release from the PDM to the ERP (Enterprise Resource Planning) An integrated information system that serves all departments within an enterprise. Evolving out of the manufacturing industry, ERP implies the use of packaged software rather than proprietary software written by or for one customer. system. The process has enabled the overall integration of enterprise information in which the product information from technology, production, sales and finance can flow smoothly through the entire enterprise. "We're seeing significant improvements in our overall product development processes using PTC Windchill capabilities such as BOM data management," said Mr. Gao Mingshan, director of the Information Center of Dongfeng Chaoyang Diesel Engine Co., Ltd. "Our product development team mainly depends on the collaboration technologies to deliver their work. With Windchill, we can control the information and manage the development process throughout the lifecycle of a product." "The automotive industry The automotive industry is the industry involved in the design, development, manufacture, marketing, and sale of motor vehicles. In 2006, more than 69 million motor vehicles, including cars and commercial vehicles were produced worldwide. is experiencing intense competitive pressures including time to market, the integration of differentiating electronics, and total cost of development," said Martin Walters, director of automotive product and market strategy, PTC. "Using Windchill in conjunction with Pro/ENGINEER to increase efficiencies around access to accurate data, the automation of workflows and BOM data management helps reduce operational risk inherent in the product development process." About Dongfeng Chaoyang Diesel Engine Located in Chaoyang, Liaoning Province, Dongfeng Chaoyang Diesel Co., LTD is a large-scale vehicle diesel engine manufacturer. It has developed and manufactured the first high-speed diesel engine meeting the Euro I standard for use in a vehicle. Now it is the supplier of more than 100 automobile manufacturers including Dongfeng Automobile and Jianghuai Automobile. Its products are being exported to more than 40 countries and areas, and the output has surpassed 1.1 million, which ranks number one in China. For more information, please visit http://www.dcd.com.cn About PTC Solutions for the Automotive Industry PTC solutions for automotive are designed to meet the product design and product life cycle management needs of both OEMs and suppliers in the automotive industry. PTC provides 3D design, product data management and collaboration solutions to over 1400 automotive manufacturers including 8 of the top ten suppliers and 3 of the top 5 OEMs. About PTC PTC (Nasdaq: PMTC) provides leading 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 ), 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 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: the success of our initiatives to provide a robust and easily deployable solution for the exchange of product and complementary manufacturing and supply chain-related information between our Windchill solutions and ERP, CRM (Customer Relationship Management) An integrated information system that is used to plan, schedule and control the presales and postsales activities in an organization. , and SCM (1) (Software Configuration Management, Source Code Management) See configuration management. (2) See supply chain management. systems; the ability of PTC to successfully partner and effectively coordinate and manage joint activities (including development, implementation and support) with technology partners in order to efficiently and cost effectively deliver products and services that meet our customer's data exchange 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 deployment of PTC software is not necessarily indicative of the timing of recognition of revenue therefrom there·from adv. From that place, time, or thing. Adv. 1. therefrom - from that circumstance or source; "atomic formulas and all compounds thence constructible"- W.V. or the level of revenue for any particular period. PTC and its logo, The Product Development Company, Pro/ENGINEER, Windchill 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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