Jul 29 - EADS Selects PTC for PHENIX Enterprise PLM

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EADS Selects PTC for PHENIX Enterprise PLM

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NEEDHAM, MA, July 29, 2008 - PTC (Nasdaq: PMTC), The Product Development Company, announced today that it is has been selected by EADS to harmonize enterprise PLM solutions across all EADS business divisions as part of EADS’s PHENIX initiative. PHENIX is an EADS cross-divisional program and a group-wide strategic initiative launched in 2007 to achieve harmonization of enterprise PLM methods, processes and tools between business units.

EADS is making a major stride towards harmonizing its landscape and as a result will improve communications between its divisions, reduce time-to-market and increase overall product quality. PTC’s Windchill will provide EADS with a single system that will act as the enterprise PLM backbone for its product development. As a result, EADS will launch the PHENIXCHANGE product, to be developed based on PTC’s Windchill, as the common enterprise PLM solution for future programs of all EADS Divisions.

“The entire Group will benefit tremendously from this new partnership and from the creation of a harmonized PLM environment, which leads to cost savings, reduced time-to-market and improved product quality. The harmonized work-flow also improves the communication between the divisions and among each player in world-wide cooperation. We found that PTC came up with the most convincing solution and best serves our business needs. Congratulations to PTC and to the head of PHENIX, Jean-Yves Mondon, and his team for their contribution towards a more integrated EADS,” said Jean Botti, EADS chief technical officer.

The selection of a single provider for complex data management is an important milestone for the EADS cross-divisional PHENIX program and will further EADS advancements in achieving the harmonization of PLM methods, processes and tools between the operational units.

“To select a single provider for such an important service to EADS was not an easy decision,” adds Jean-Yves Mondon, vice president and head of PHENIX project, EADS. “An extensive selection process was therefore performed within the PHENIX program, which has been recognized by the independent PLM organization Collaborative Product Development Associates, LLC (CPDA) of Stamford, Connecticut as a reference benchmark for PLM provider selection.”

“PTC technology has been selected to become the basis for EADS PHENIX enterprise PLM solution after an extensive benchmark of leading PLM solutions. We are very pleased that Windchill, our PLM software ultimately best met EADS’ requirements,” said C. Richard Harrison, president and CEO, PTC. “Obviously, we feel that this selection underscores PTC’s strength in the product development industry and we look forward to a continued partnership with EADS to further their advancements in achieving a harmonized PLM environment.”

About EADS

EADS is a global leader in aerospace, defense and related services. In 2007, EADS generated revenues of € 39.1 billion and employed a workforce of about 116,000. The Group includes the aircraft manufacturer Airbus, the world's largest helicopter supplier Eurocopter and EADS Astrium, the European leader in space programs from Ariane to Galileo. Its Defence & Security Division is a provider of comprehensive systems solutions and makes EADS the major partner in the Eurofighter consortium as well as a stakeholder in the missile systems provider MBDA. EADS also develops the A400M through its Military Transport Aircraft Division.

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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