InPart Adds Colder Products Company To Growing DesignSuite Manufacturer List.

SARATOGA, Calif.--(BUSINESS WIRE)--March 5, 1999--InPart, a division of Parametric Technology Corporation (NASDAQ:PMTC) and the leading provider of 3D content and tools for the mechanical engineering industry, announced today that Colder Products Company, the manufacturer of a range of quick disconnect solutions for low-pressure fluid management problems, purchased licenses of DesignSuite and FlashModeler to offer new value-added services to its customers.

With more than 20 basic product lines, nearly 900 catalog items and thousands of product options, Colder Products Company (CPC) markets the world's broadest range of quick disconnect solutions for low-pressure fluid management problems. CPC products solve fluid handling problems in many industries around the world. CPC serves industries such as water handling and conditioning, analytical, scientific and medical instrumentation, medical, inkjet printing, process controls, high-precision manufacturing equipment, food and beverage handling, pneumatic control systems and chemical packaging and handling.

The company plans to enhance its engineering services by providing its users access to the most current, manufacturer-quality, certified, 3D solid models of its components contained in the DesignSuite library of nearly 325,000 standard components and 9 million pieces of associated technical data. FlashModeler enables authorized users to access component models free of charge through CPC's web site at www.colder.com.

Bob Orthey, Colder's director of marketing, said, "We recognize the value in providing our customers with fast and easy access to standard parts. Traditionally, they spent a lot of downtime and effort searching and retrieving required drawings and solid models from a myriad of sources, many of which were outdated. Today, using DesignSuite and FlashModeler as electronic solutions for gaining the same information and more, they are much more efficient."

InPart launched DesignSuite one year ago. Today, the vast electronic 3D parts library contains nearly 325,000 of the most current, quality-certified solid models provided by manufacturers such as Adept Technology, Aeroquip Corporation, Amphenol Aerospace Corporation, Bimba Manufacturing Company, Boston Gear, Colder Products Company, Cutler Hammer, Dayco, Del Tron Precision, DE-STA-CO Industries, Enerpac, Enertrols, Gates Rubber Company, GE Fanuc Automation, Hamilton Casters & Mfg Co., Jergens, Kollmorgen Motion Technologies Group, Lincoln Electric Company, Molex, Numatics, Panduit Corporation, Parker Hannifin Corporation (five divisions), RWM Casters, Schroeder Industries, Smalley Steel Ring, Stock Drive Products/Sterling Instrumentation, Swagelok, Thompson Industries, Torrington Company, U.S. Electrical Motors, and Warner Electric.

About DesignSuite

DesignSuite is the world's largest Internet-based 3D CAD library. DesignSuite contains 2D & 3D geometry, technical specifications and component selection software. The product is offered to mechanical engineers via the Internet. For more information on the DesignSuite product line, visit www.inpart.com or www.ptc.com.

About The Company

Parametric Technology Corporation, founded in 1985 and headquartered in Waltham, Mass., develops, markets and supports integrated product development and lifecycle management solutions that help companies spur innovation and achieve sustained competitive advantage. PTC's software solutions are complemented by the strength and experience of its professional services organization, which provides training, consulting and support to customers around the globe. In its fiscal year ended September 30, 1998, the company achieved more than $1 billion in revenue. PTC can be reached at 781-398-5000, or via the web at 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 evolving customer requirements and to deliver products and services that meet those requirements 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 the PTC's most recent reports on Form 10-K and 10-Q. The announcement of any particular sales order in not necessarily indicative of the timing of recognition of revenue from such order or the level of revenue for any particular period.

Parametric Technology Corporation is a registered trademark and all names in the PTC product family as well as the PTC logo are trademarks of Parametric Technology Corporation in the United States and in other countries. All other companies and products referenced herein have trademarks or registered trademarks of their respective holders.