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NewsBreak

Force Protection Standardizes on PTC Windchill

NEEDHAM, MA, Apr 13, 2009 - PTC (Nasdaq: PMTC), the Product Development Company, announced that Force Protection, Inc., a leading American designer, developer and manufacturer of ballistic and blast-protected vehicles used to support the armed forces, has standardized on PTC Windchill as its platform for product development content and process management. With Windchill, a core component of the PTC Product Development System, Force Protection will have the ability to increase process transparency and collaboration with its suppliers, partners and customers to drive faster product innovation in the ballistic vehicle space.

Like many defense manufacturers, Force Protection has a paramount task: develop innovative technology to save the lives of military personnel. Additionally, the company's environment is characterized by a complex supply chain and the need to comply with numerous government regulations. The company required a PLM solution that would enable enterprise-wide collaboration, with complete traceability throughout the product development lifecycle with the aim of providing increased visibility to decision-makers.

PTC Windchill was selected as the enterprise PLM solution after an extensive technical benchmark against other large PLM solution providers. With Windchill, Force Protection will able to better align with the United States Army and other key suppliers so they can improve cost-estimating capabilities to remain cost competitive, drive faster design cycles to deliver next-generation, innovative vehicles and accelerate time to market of its expanding line of vehicles.

"Force Protection continually evaluates technology solutions that can help advance our competitive edge by helping us bring higher quality products to market in shorter timeframes," said Mark Edwards, executive vice president of development, Force Protection, Inc. "As a company, we are always pushing the limits of our technology solutions. The PTC Product Development System offers a comprehensive set of capabilities that meets our most critical and dynamic product development requirements."

"Organizations that experience rapid, significant growth like Force Protection realize the critical importance of having a single, integral technology platform for product development," said C. Richard Harrison, chairman and chief executive officer, PTC. "Force Protection standardized on PTC software because it was the best technology to help drive productivity and efficiencies in product development and will enable Force Protection to focus on creating products that save lives. We look forward to continue helping Force Protection realize the value that the PTC Product Development System can bring to their business."

About PTC Solutions for Aerospace and Defense

PTC (Nasdaq: PMTC) provides product lifecycle management solutions designed to meet the requirements of the global aerospace and defense industry. These solutions enable digital automation of product development and program management processes, as well as complete visibility and control over program information for secure, collaborative product development. PTC is an industry leader with 18 of the top 20 A&D companies as customers.

About Force Protection, Inc.

Force Protection, Inc. is a leading American designer, developer and manufacturer of survivability solutions, predominantly ballistic- and blast-protected wheeled vehicles currently deployed by the U.S. military and its allies to support armed forces and security personnel in conflict zones. The company's specialty vehicles, the Cougar, the Buffalo and the Cheetah, are designed specifically for reconnaissance and urban operations and to protect their occupants from landmines, hostile fire, and improvised explosive devices (IEDs, commonly referred to as roadside bombs). The company also is the developer and manufacturer of ForceArmor an armor package providing superior protection against explosively formed projectiles (EFPs) now available for a wide range of tactical-wheeled vehicles. The company is one of the original developers and primary providers of vehicles for the U.S. military's Mine Resistant Ambush Protected, or MRAP, vehicle program.

For more information, visit www.forceprotection.net.

About PTC

PTC (Nasdaq: PMTC) provides discrete manufacturers with software and services to meet the globalization, time-to-market and operational efficiency objectives of product development. Using the company's CAD, and content and process management solutions, organizations in the Industrial, High-Tech, Aerospace and Defense, Automotive, Consumer and Medical industries are able to support key business objectives and create innovative products that meet both customer needs and comply with industry regulations. 

For more information, visit http://www.ptc.com.

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See Also

PTC website

TenLinks Pro/E directory - by TenLinks.com
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Feb 08 - PTC Insight Product Analytics Adds Environmental Impact
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Jan 27 - Volvo to use PTC's Windchill for VPDM Program
Jan 27 - PTC Announces Q1 Results
Jan 26 - Raytheon Selects PTC’s Windchill for Product Development
Jan 19 - PTC Appoints Marc Diouane as Vice-President for Europe, Asia
Jan 6 - PTC to Speak at 12th Annual Needham Growth Stock Conference
Dec 17 - PTC Expands Education Program in North America
Dec 9 - NEC to Sell PTC PLM Products in Japan
Dec 8 - PTC, Hornby to Support Scalextric4schools 2010 Contest
Dec 7 - China's Siyuan Standardizes on PTC Mathcad
Dec 1 - UK's Ricardo Adopts PTC Windchill for PLM
Dec 1 - PTC to Present at NASDAQ OMX 23rd Investor Program
Nov 25 - PTC Adds Paul Lacy to Board
Oct 28 - PTC Q4 Revenue Down 18% to $246M with $16M Profit
Oct 19 - CoCreate 16.5 Integrates with PTC Apps
Oct 9 - PTC Opens Registration for UK Forum 2009
Oct 7 - PTC Q4 Conference Call on Oct 28, 8:30AM ET
Sep 29 - PTC Passes 1 Million 'Starts' for Free Version of CoCreate
Sep 18 - PTC Adds Robert Schechter to Board
Sep 14 - Rockwell Collins Selects PTC Arbortext
Sep 8 - Otis Elevator to Switch from Teamcenter to Windchill
Sep 3 - PTC to Present at 4 Investor Conferences
Aug 31 - Switzerland's ROWA Selects PTC CoCreate
Aug 5 - PTC to Present at Oppenheimer Conference on Aug 11
Jul 29 - PTC Q3 Revenue Down 17% to $226M, Profit Drops to $3.8M
Jul 28 - Norton Motorcycles Selects PTC PDS
Jul 16 - Wootton School Wins UK Scalextric4schools Challenge
Jul 7 - PTC Named Ducati 2009 Official Supplier
Jun 25 - PTC Ranked #1 in Aberdeen PLM AXIS Report
Jun 22 - China's Li Ning to Standardize on PTC FlexPLM
Jun 16 - Samsung Thales to Standardize on Pro/E
Jun 15 - Buehler Motor to Standardize on Pro/E, Windchill
Jun 8 - PTC Maintenance Gold Loyalty Program Adds Partners
Jun 8 - PTC Announces Enhanced PDS Capabilities
June 8 - PTC, Microsoft to Form Social Product Development Platform
Jun 8 - PTC Launches  Windchill RequirementsLink
June 8 - PTC Acquires Relex Software for Product Analytics Strategy
June 8 - PTC Announces Pro/E Wildfire 5.0
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June 01 - PTC to Speak at UBS Global Technology Conference
May 27 - Volvo Group, PTC Partner for PLM Solutions
May 27 - PTC to Host Investor Day on June 8, Florida
May 27 - PTC, Nokia to Develop Windchill Extension for PLM
May 21 - PTC Launches Online Resource Center
May 11 - PTC to Present at JP Morgan Conference
May 4 - L&T Unit LTM Standardizes on Pro/E
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Apr 16 - PTC Q2 Conference Call on April 29, 8.30AM ET
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Mar 18 - PTC to Provide PLM Training in Schools Across France
Mar 9 - PTC to Present at UBS Global Technology Conference in UK
Mar 5 -PTC's Harrison Adds Chairman Role, Heppelmann Now COO/Prez
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Feb 19 - Okuma America Corporation to Use CoCreate for CNC Machinery
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Jan 20 - Japan's Nagase Integrecs Standardizes on CoCreate
Jan 12 - PTC Expects $240M Quarter
Jan 6 - PTC to Present at Needham Growth Stock Conference
Jan 5 - PTC, Dallara Automobili Celebrates 15 Years of Partnership
Dec 16 - Switzerland's Jaeger-LeCoultre Adopts PTC Products
Dec 10 - PTC Acquires Synapsis for Green Product Design
Dec 1 - PTC Increases Share Repurchase to $100M
Dec 1 - PTC to Present at NASDAQ OMX Investor Program
Nov 20 - PTC, Hornby Launch Scalextric4schools Car Design Contest
Nov 14 - PTC Seeks Papers for Annual User Meeting in June
Nov 12 - PTC to Present at UBS Global Technology Conference
Nov 11 - PTC Unveils Pro/E Manikin for 3D Digital Human Modeling
Nov 4 - PTC to Present at Goldman Sachs Investor Conference
Oct 29 - PTC Q4 Revenue Up 12% to $300M with $36.5M Profit
Oct 22 - PTC Expands Partnership with FIRST for STEM Education
Oct 21 - China's AMECO Deploys PTC Arbortext
Oct 6 - Black & Decker Selects PTC Windchill for PLM
Oct 1 - PTC Q4 Conference Call on October 29, 8:30AM ET
Sep 22 - UK's University of Warwick to Get Pro/E, Windchill Grant
Sep 16 - PTC Sponsors US Department of Energy's Design Contest
Sep 8 - Italy's G.D to Replace MatrixOne with Windchill
Sep 2 - Nikon Precision Selects PTC Arbortext
Aug 27 - PTC to Present at Kaufman Bros Investor Conference
Aug 27 - PTC to Present at Jefferies Technology Conference
Aug 27 - PTC to Present at Deutsche Bank Technology Conference
Aug 27 - PTC to Present at Citi Investment Conference
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Jul 29 - EADS Selects PTC for PHENIX Enterprise PLM
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Jul 29 - France's Yacht-Maker, CNB Selects PTC
Jul 23 - PTC Q3 Revenue Up 21% to $272M with $14M Profit
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Source: Material used in press releases is often supplied by external sources and used as is.

 
  



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