Parametric Technology Receives $1 Million Order for Software from Lucent Technologies.WALTHAM, Mass.--(BUSINESS WIRE)--Oct. 2, 1998--Parametric Technology Corporation (NASDAQ NASDAQ in full National Association of Securities Dealers Automated Quotations U.S. market for over-the-counter securities. Established in 1971 by the National Association of Securities Dealers (NASD), NASDAQ is an automated quotation system that reports on :PMTC PMTC Prevention of Mother to Child Transmission (of HIV/AIDS) PMTC Pacific Missile Test Center PMTC Professional Multimedia Test Center ), one of the world's leading providers of software solutions for mechanical product development and enterprise information management, announced that it has received a $1 million order for software from Lucent Technologies, Bell Labs Design Automation, of Murray Hill Murray Hill may refer to one of the following places:
Lucent Technologies is a world leader in designing, building, and delivering a wide range of public and private networks, communications systems and software, data networking systems, business telephone systems, and microelectronic components. Bell Labs, the research and development arm of Lucent Technologies, is focused on technologies critical to Lucent's growth, including digital signal processing See DSP. Digital Signal Processing - (DSP) Computer manipulation of analog signals (commonly sound or image) which have been converted to digital form (sampled). , photonics, networking, semiconductors, software and wireless communications. About the Company 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. develops, markets, and supports a comprehensive suite of integrated product development and information management solutions. The Company's Pro/ENGINEER Solutions provide the software tools to automate the mechanical development of a product from its conceptual design through production. The Company's enterprise information management solutions include the Web-centric, Java-based information management technology of Windchill(tm), including Windchill Information Modeler, Windchill Foundation, Enterprise Document Manager, and Enterprise Configuration Manager. All software solutions are supported and complemented by the strength and experience of the Company's professional services organization (PSO PSO - Oracle Parallel Server ), which provides training, consulting, and support to customers around the globe. 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. Such risks and uncertainties are detailed from time to time in reports filed by 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. with the Securities and Exchange Commission, including the company'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. Parametric Technology Corporation and Pro/ENGINEER are registered trademarks and Windchill 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. |
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