Emerging Display Technologies Adopts PTC Product Development System.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(TM), announced today that Emerging Display Technologies (EDT EDT abbr. Eastern Daylight Time EDT Eastern Daylight Time EDT n abbr (US) (= Eastern Daylight Time) → hora de verano de Nueva York EDT ), the leader in the visual display market with ISO (1) See ISO speed. (2) (International Organization for Standardization, Geneva, Switzerland, www.iso.ch) An organization that sets international standards, founded in 1946. The U.S. member body is ANSI. certified manufacturing facilities, is adopting the PTC Product Development System including Pro/ENGINEER(R), Windchill PDMLink(TM), Windchill ProjectLink(TM) and Pro/INTRALINK(R). EDT is based in Taiwan and is a leading pioneer in the LCD industry. The company has worldwide operations and serves marquee customers such as LG and Lexmark. EDT required a system that could offer external communications with customers, improve the quality control of product development and provide collaborative design without the associated risks. After a complete evaluation of leading 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 providers, EDT chose PTC. EDT based their selection on PTC's ability to supply them with an end-to-end, integral PLM solution that offers advanced functionality and top-notch professional services (job) professional services - A department of a supplier providing consultancy and programming manpower for the supplier's products. . EDT plans to finalize the implementation by May 31, 2007 and estimates that PTC solutions will lead to a 20% decrease in new product development time as well as an aggregate savings of US$625,000 every year . "PTC offers an optimized Product Development System to help integrate distributed resources and form a strong platform for collaboration into the supply chain," said Shun-Ju Chuang, CIO CIO: see American Federation of Labor and Congress of Industrial Organizations. (Chief Information Officer) The executive officer in charge of information processing in an organization. , EDT. "The powerful combination of Pro/ENGINEER and Windchill will give us the ability to involve customers early in product planning Product Planning is the ongoing process of identifying and articulating market requirements that define a product’s feature set. See also
"The integrated design The introduction to this article provides insufficient context for those unfamiliar with the subject matter. Please help [ improve the introduction] to meet Wikipedia's layout standards. You can discuss the issue on the talk page. and technical development of an LCD module relies heavily on an integrated supply chain system that can offer valuable product components. PTC has created highly efficient process distribution management and cost control that optimizes 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 order to satisfy the various product development requirements," said Chad Hawkinson, director of electronics and high tech marketing and strategy, PTC. "With the help of PTC solutions, EDT is able to focus on the development of core capabilities while initiating new product research in the future that will help fuel their growth in the highly competitive electronics industry." About Emerging Display Technologies Founded in 1994, EDT has grown into a global organization that showcases what the brightest and best within the industry can achieve. EDT is completely focused on the goal of offering to customers an advantage in Quality, Technology, Service and Value. As a leader in the visual Display market with ISO certified manufacturing facilities in both Taiwan and China, EDT continues to use innovation and extensive research efforts to bring products that are highly reliable, viewer-friendly, and cost-effective. 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), 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 500 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 PTC's ability to: anticipate and adequately respond to the evolving and complex requirements of electronics manufacturers; successfully develop, integrate and support the technology necessary to deliver products and services that meet those requirements, including product design, development process and data management offerings, electronic verification and collaboration solutions, and environmental regulatory compliance tools; and effectively coordination and manage joint activities (including development, integration, sales, marketing, implementation and support) with strategic technology partners to deliver and support an integrated suite of solutions for the electronics & high tech industry 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. |
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