Plm Provider Ptc Holds Its First Ever Ptc Live TechForum In India

Online, February 8, 2012 (Newswire.com) - INDIA: PTC (Nasdaq: PMTC), The Product Development Company®, today organized its first ever PTC Live TechForum in Mumbai. One of the most awaited technology events in India bringing together PTC solutions experts and best-in-class industry presenters to share the latest PTC technology updates, present real-world best practices, and educate on how to use PTC solutions more effectively.

TechForum was a great platform to gain insight into PTC's technology strategy and vision, learn best practices from peer companies leveraging PTC solutions and also help in Network with peers and find solutions for your day-to-day challenges. Key spokespeople at the event included Mr Greg James, SVP, Corporate Marketing, PTC, Mr Brian Thompson, VP, Product Management, PTC and Mr Rafiq Somani, Area Vice President and Country Manager, PTC India apprised the audience about PTC's corporate strategy and their product updates.

The technology doyens at PTC elaborated on PTC's two most ambitious products, Creo 1.0 and Windchill 10.0 that were launched recently besides PTC's other solutions like Mathcad. At the customer session PTC's marquee customers like TATA Motors Limited and L&T MHI articulated the benefits that they derived through the deployment of PTC solutions.

"We are glad to hold TechForum in India. PTC has seen great traction and acceptance of its solutions in the Indian market. An event like TechForum bolsters our relationship with our customers and also provides us with a great platform to showcase our solutions and educate our customers and attendees about its benefits. An interactive session like this also help us to cognize the demand of the ever evolving market as well as understand the requirements of our customers", said Mr.Rafiq Somani, Area Vice President and Country Manager, PTC India

Greg James, SVP, Corporate marketing, PTC said "TechForum gives us an ideal opportunity to showcase our products to a potential market like India. In the recent past India has established itself as one of the largest markets for machine tools and manufacturing solutions. Manufacturing industries in India, both large and SMEs, are highly investing on new technology to ensure the production of superior quality goods, to reduce the development cost and also the time to market. PTC with a glorious past of empowering the manufacturing customers to produce optimal, sustainable and at the same time more competitive products, considers India to be a perfect market for them. The recent strategic acquisitions of MKS Integriy and 4CS further enables us to to provide a unified solution for managing the lifecycle of both product hardware and software", said Greg James, SVP, Corporate marketing, PTC.

About PTC
PTC (Nasdaq: PMTC) enables manufacturers to achieve maximum value from their product strategies with software and services designed to optimize key business processes throughout the entire product lifecycle - from conception and design to sourcing and service. PTC's integral solution portfolio enables customers to unleash product innovation, improve collaboration and ensure product data integrity within engineering and across the enterprise, supply chain and service partner networks. Founded in 1985, PTC employs over 6,000 professionals serving more than 27,000 customers worldwide. More information can be found at www.ptc.com.