MAHLE Powertrain Selects PTC Windchill(R) To Streamline Product Development Processes.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. Product Development System enables MAHLE Powertrain to improve project collaboration and grow its business in international markets NEEDHAM, Mass. -- PTC (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), today announced that MAHLE Powertrain Ltd Powertrain Ltd was a British company based in Birmingham which designed, manufactured and marketed car engines and transmissions. It was a subsidiary of Phoenix Venture Holdings and a sister company to MG Rover. . in the UK, a leading auto-industry technology innovator for leading OEMs has selected the PTC Product Development System comprising of Windchill PDMLink[R]and Windchill ProjectLink(TM) to streamline its product development processes and improve project collaboration between its engineering teams. The objective of the PTC[R] Product Development System (PDS (1) (Processor Direct Slot) A single expansion slot on certain, early Macintosh models that was used to connect high-speed peripherals as well as additional CPUs. Providing a channel directly to the CPU, the PDS coexisted with NuBus slots on some models. ) is to improve the efficiency of the product design and development processes by optimising information search and improving access to data from current and previous projects. MAHLE Powertrain anticipates significant business process and quality improvement. The PTC PDS will provide centrally controlled data collaboration See data conferencing. , workflow, bill of materials The list of components that make up a system. For example, a bill of materials for a house would include the cement block, lumber, shingles, doors, windows, plumbing, electric, heating and so on. and product configuration, detailed document search, better version control and CAD data management in a cost effective package. MAHLE Powertrain, a PTC customer for over a decade, has used Pro/ENGINEER[R] as its core design solution in a heterogeneous CAD environment and Pro/INTRALINK[R] for ProE data management. With this expansion, MAHLE Powertrain will now move their legacy Pro/INTRALINK data to Windchill PDMLink. "The PTC Product Development System came out on top in a rigorous vendor selection process, as an out-of-the-box solution which could manage our processes during a time of significant change management. Windchill PDMLink, as our single data platform, also offers a superior tool for workflow and collaboration, with first rate vendor support," said Dave Beecroft, Head of Projects, MAHLE Powertrain. MAHLE Powertrain's reputation is based on outstanding design. Engineers had a difficult time focusing on core activities, because they spent too much time searching for information. Windchill will streamline these operations and will accelerate information search and new product development in a highly innovative environment, using knowledge gained from previous projects. "We are confident that the deployment of Windchill will positively impact our bottom line by unlocking new potential as we reduce time spent looking for Looking for In the context of general equities, this describing a buy interest in which a dealer is asked to offer stock, often involving a capital commitment. Antithesis of in touch with. information, accelerate processes and eliminate duplication, with automatic routing of documents and continuous visibility of product status," summarizes Beecroft. "Windchill is a superior solution for managing a multi-CAD environment which typifies the auto industry and other technology sectors. The PTC Product Development System, which is comprised of the powerful combination of Windchill PDMLink, Windchill ProjectLink and Pro/ENGINEER, facilitates better collaborative design, global product development, configuration management and lifecycle support in fast moving sectors driven by ongoing innovation to stay competitive and dramatically reduced product In model theory, a branch of mathematical logic, the reduced product is a construction that generalizes both direct product and ultraproduct. development times," said Martin Walters, director, product and market strategy, PTC. About MAHLE Powertrain and MAHLE Group MAHLE Powertrain Ltd. has been established following the acquisition of Cosworth Technology by MAHLE Group in 2005 and provides Integrated Powertrain Solutions (IPS) from concept to manufacture. For more information on MAHLE Powertrain, please visit http://www.mahlepowertrain.com. MAHLE Group is an international leading development partner of the automobile and engine industry in the area of combustion engines and engine peripherals. The company is among the top 3 system suppliers for Piston Systems, Cylinder Components, Valve Train Valve train The valves and valve-operating mechanism by which an internal combustion engine takes air or fuel-air mixture into the cylinders and discharges combustion products to the exhaust. Systems, Air Management Systems and Liquid Management Systems. As one of the 30 largest automobile suppliers, MAHLE Group with 37,500 employees is present in all important world markets with 80 production locations and in seven Research and Development centers - in Stuttgart, Northampton, Detroit, Novi, Sao Paulo, Tokyo and Shanghai. For more information on MAHLE Group, please visit http://www.mahle.com. About PTC Solutions for 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. 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 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 product development system; 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 or the level of revenue for any particular period. PTC, the PTC logo, The Product Development Company, Pro/ENGINEER, Pro/INTRALINK, Windchill, Windchill ProjectLink and Windchill 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 Link 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. . |
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