InPart Announces FlashModeler Sale To Molex.

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, today announced that Molex is one of the first manufacturing suppliers to adopt FlashModeler for their customers' use on their web site.

FlashModeler delivers anywhere, anytime access for Molex's customers, distributors, and design engineers. FlashModeler users can access the most current 3D solid models from InPart's DesignSuite model server at no cost. By simply logging onto the Internet, users gain access to Molex's suppliers' web sites. By entering a part number and specifying a file format, users can immediately receive a 2D or 3D model of that part.

"Molex will use FlashModeler to bolster engineering productivity and efficiency. The fast, economical, and easy accessibility to components and associative technical data reinforces Molex's and its suppliers' commitment to their customers' time-to-market goals. The technology saves time and eliminates the need for users to create parts themselves, as well as provides confirmation of part availability and verification of component accuracy," said John Major, vice president of the PTC InPart division.

Molex, a $1.6 billion company and the number two global leader in the connector industry, has developed more than 100,000 products addressing the trends towards miniaturization, higher signal speeds, and greater signal densities. Molex creates unique value across multiple industries including automotive, industrial equipment, computers, telecommunications, wiring, and consumer products.

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 and 3D geometry, technical specifications and component selection software. The product is offered to engineers via the Internet. For more information on the DesignSuite product line, contact (800) 725-PART, 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.