PTC Launches Mathcad(R) 14.0.Latest Release Extends Support to 9 Languages and Improves Calculation Power and Clarity 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], today announced Mathcad 14.0, the latest release of PTC's engineering calculation software. Since its acquisition of Mathsoft in April 2006, PTC has focused on making the broad capabilities of the Mathcad technology more widely available to customers operating across geographic boundaries. Mathcad 14.0 expands the ability of PTC's customers to solve pressing engineering calculation needs and improves the associated documentation of these calculations throughout the product development process. Engineering calculations are critical to the process of designing and developing products, which today is often a globally distributed process. With Mathcad 14.0, PTC now provides full Unicode support and will soon offer the product in nine languages. New languages will include Italian, Spanish, Korean, and both Traditional and Simplified Chinese. Expanded language support in Mathcad 14.0 will enable geographically dispersed teams A Geographically Dispersed Team (GDT) – also known as a Virtual team – is a group of individuals who work across time, space, and organizational boundaries with links strengthened by webs of communication technology. to solve and document calculations in their local language which ultimately improves efficiencies by increasing speed and accuracy as well as reducing potential errors that may occur from language translation. Mathcad 14.0 also delivers improved calculation power and clarity through new worksheet analysis functions, inline numeric numeric see numerical. numeric cluster see ten-key pad. evaluation enhancements, and enhanced symbolics. This will help users to derive formulas, demonstrate process and document engineering reasoning. Finally, specific enhancements to the Mathcad 14.0 mathematic solvers will allow users to solve and document a broader range of engineering design problems. "As a long-time user of Mathcad software, SkyCross is particularly pleased with the additional capabilities delivered with Mathcad 14.0," said Dr. Chris Morton, CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. , SkyCross. "The additional language support and continued integration with Pro/ENGINEER[R] will enable us to easily extend this software into our product design processes. We look forward to continue working with PTC as it delivers the technology we require to optimize our product development systems." Highlights of the enhancements in Mathcad 14.0 include: * Support for nine languages that include English, French, German, Italian, Japanese, Korean, Spanish, Traditional and Simplified Chinese * Full Unicode support enables usage of all multilingual mul·ti·lin·gual adj. 1. Of, including, or expressed in several languages: a multilingual dictionary. 2. characters including Asian, Cyrillic, Hebrew, Arabic and Greek throughout the application * New ODE ode, elaborate and stately lyric poem of some length. The ode dates back to the Greek choral songs that were sung and danced at public events and celebrations. solvers including a state space solver and support for the Adams-Bashforth ODE method for more trouble-free, higher precision answers * Improved calculation clarity by viewing definition and result in a single statement * Enhanced plot formatting capabilities that include new tab to customize 2-D plot axes axes [L., Gr.] plural of axis. The straight lines which intersect at right angles and on which graphs are drawn. Usually the horizontal axis is the x-axis and the vertical one the y-axis. Called also axes of reference. , support for negative radii ra·di·i n. A plural of radius. radii Noun a plural of radius on polar plots The method of locating a target or point on the map by means of polar coordinates. * Enhanced documentation quality with a new math new math n. Mathematics taught in elementary and secondary schools that constructs mathematical relationships from set theory. Also called new mathematics. font to improve display of math expressions and operators * Continued integration with Pro/ENGINEER * Increased technical support with access to PTC's global 24 x 7 technical phone support and online web tools for maintenance customers The integration between Mathcad and Pro/ENGINEER is a bi-directional link between the two applications. Users of these solutions can easily associate any Mathcad file with a Pro/ENGINEER part or assembly using the analysis feature in Pro/ENGINEER. Critical values calculated in Mathcad can be mapped to parameters and dimensions in the CAD model to drive the geometric design. Parameters from a Pro/ENGINEER model can also be input into Mathcad for downstream engineering design calculations. The integration offers dynamic updates to calculations and the CAD drawing when parameters are changed. Additionally, Mathcad-driven Pro/ENGINEER designs can now be validated using Pro/ENGINEER Mechanica[R] structural, thermal, fatigue and mechanism analysis solutions. "Mathcad 14.0 reinforces our commitment to develop products that enable organizations to optimize their product development processes," said James Heppelmann, executive vice president and chief product officer, PTC. "With its multiple language support, additional engineering calculation capabilities and integration with Pro/ENGINEER, Mathcad 14.0 allows organizations with geographically dispersed dis·perse v. dis·persed, dis·pers·ing, dis·pers·es v.tr. 1. a. To drive off or scatter in different directions: The police dispersed the crowd. b. engineers to leverage critical engineering calculations that drive product design models and standardize stan·dard·ize v. 1. To cause to conform to a standard. 2. To evaluate by comparing with a standard. best practices." Mathcad 14.0 Availability Mathcad 14.0 is currently available in English. All additional language versions are expected later in February 2007. The timing of any product release, including any features or functionality, is subject to change at PTC's discretion. For more information on how to obtain Mathcad 14.0, please visit the Mathcad product pages on www.ptc.com. Single users may purchase Mathcad from the PTC Web Store at http://store.ptc.com/us. About PTC Solutions for Engineering Calculations PTC solutions for engineering calculations are designed to enable companies to automate calculation tasks by simultaneously documenting and solving the critical engineering calculations used throughout the product development process in order to deliver optimized products more rapidly. Ninety percent of Fortune 1000 companies, 500 government agencies and 2,000 colleges and universities around the world use PTC Mathcad to capture the strategic value in their engineering calculations. 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 mid·cap adj. 1. Or or relating to corporations whose retained earnings and outstanding shares of common stock have a value between those of small cap companies and large cap corporations. 2. 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 risks and uncertainties include: our successful development and integration of the technology necessary to offer an integrated product development system; our ability to facilitate our customers' understanding of the benefits of our integrated PLM solutions and product development system offering (including return on investment, ease of use, and value creation); our successful development of the technology necessary to integrate Mathcad with other PTC products; the market for, and customer adoption of, calculation solutions may not grow as quickly as we expect; we may be unable to retain and maintain relationships with key employees, distributors, customers and other strategic partners of Mathsoft, including those within markets and vertical industries with which PTC has little experience; we may be unable to adequately support multiple solutions acquired through strategic business development initiatives in industries outside of PTC's traditional customer base as well as other risks and uncertainties 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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