PTC Channel Gets VARBusiness 5 Star Rating
 NEEDHAM,
MA, Apr 29, 2008 - PTC (Nasdaq: PMTC), the Product Development Company,
today announced it has been recognized by CMP Channel's VARBusiness as one
of North America’s top information-technology (IT) vendors for its Channel
Advantage Program for the second consecutive year. PTC was certified as a
Silver 5-Star Winner in VARBusinesses' 2008 Partner Program Guide (PPG), a
guide that acknowledges the commitment and strength of a vendor's partner
programs for its Channel resellers, IT integrators, and technology
consultants.
The 14th annual VARBusiness Partner Program Guide recognized ten silver
5-Star winners in each of the six categories of Sales Support, Marketing
Support, Partner Profitability, Channel Operations, Partner Recruitment and
Communication. PTC received VARBusiness 5-Star status in five of the six
categories - Sales Support, Marketing Support, Partner Profitability,
Channel Operations and Communications.
PTC’s channel strategy is solidly focused on helping to meet the product
development needs of small and medium sized businesses (SMBs), which account
for over 75% of the PTC customer base. The company has over 400 VARs (Value
Added Resellers) and partners worldwide who understand both the local
requirements and global challenges faced by SMBs. PTC provides extensive
sales, product and industry training and certifications to its VAR partners,
as well as comprehensive business planning, sales incentives, financial
assistance, and joint marketing programs. In fiscal 2007, PTC reported $195
million in total channel revenue, growing 14% from the previous year and
representing 21% of total PTC revenue.
“The PTC Channel Advantage program has become a world-class, award
winning program over the last 5 years with many initiatives, incentives and
resources dedicated to supporting our VARs to build successful and
profitable businesses around PTC solutions,” said Robert Kocis, divisional
vice president, worldwide channel sales. “PTC is proud to be recognized for
the success of our efforts.”
About VARBusiness
For the past 20 years, VARBusiness' strategic resources have been the
gateway to the commercial and public sector (or government) Solution
Provider community. The VARBusiness integrated platform of media
opportunities provides strategic insight for technology integrators through
industry-defining research, in-depth editorial, channel events and
innovative Web services, enabling these IT professionals to make educated
decisions for their businesses, partnerships and customers. VARBusiness
offerings lead vendors and distributors to unprecedented access to the most
powerful strategic Solution Providers in the market. VARBusiness has been
the recipient of numerous industry awards for both editorial content and
design.
About PTC
PTC (Nasdaq: PMTC) provides leading product lifecycle management (PLM),
content management and dynamic publishing solutions to more than 50,000
organizations 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.
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Source: Material used in press releases is often supplied by external
sources and used as is.
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