Mass., Aug. 25 /PRNewswire-FirstCall/ -- PTC (NASDAQ:PMTC)
, the Product Development Company(TM), have announced
its partnership with the Hong Kong Polytechnic University
in a Hong Kong Government funded research and development
project for the advancement of nanotechnology. Nanotechnology,
also referred to as molecular manufacturing, is a
branch of engineering that deals with the design and
manufacture of tiny electronic circuits and mechanical
devices built at the molecular level of matter.
As part of the deal, PTC will provide its product
design and lifecycle management solutions Pro/ENGINEER
Wildfire and Windchill ProjectLink to Hong Kong Polytechnic
University. Hong Kong Polytechnic University will
use Pro/ENGINEER Wildfire and Windchill ProjectLink
to collaborate with four universities in China as
well as universities worldwide on a project to design
and manufacture a micro-injection moulding machine.
The developed micro- injection moulding machine will
be used for the mass production of micro- products
that are currently limited in commercial availability.
"Micro-fabrication is widely viewed as the most
significant manufacturing technological frontier currently
being explored," said Dr. Lau, co- investigator
of the project/lecturer of the Industrial & Systems
Engineering Department, Hong Kong Polytechnic University.
"This project capitalizes on the world's first
rock corer on the Planet Mars and will result in machines
capable of manufacturing micro-components for use
in growing hi-tech industries such as telecommunications
and biomedical engineering."
According to Dr. Lau, the streamlined sharing of project
data amongst the collaborating parties using PTC solutions
will cut approximately 40 percent of time off the
planning, monitoring and control process of the project,
allowing for more time and resources to be invested
in the actual technical development of the machines.
Seamless web connectivity will ensure that the university
project teams have access to the resources, information,
and capabilities they need -- from conceptual design
to tooling development and machining -- throughout
the duration of the project.
"PTC is delighted to contribute our industry
leading solutions to this pioneering project. Our
product development system is used by thousands of
organizations globally to develop cutting-edge products.
This project is expected to make a significant contribution
to the commercial application of nanotechnology and
will position Hong Kong and China at the forefront
of this groundbreaking industry," Steve Su, Divisional
VP, North Asia, PTC.
Windchill ProjectLink and Pro/ENGINEER Wildfire are
core components of the PTC(R) Product Development
System. Windchill ProjectLink will provide a virtual
workspace/central access point for project team members
-- collaborators from the Hong Kong Polytechnic University;
Wilfred Laurier University, Canada; University of
Liverpool, UK; Huazhong University of Science Technology,
China; Harbin Institute of Technology, China; Ningbo
University, China and Guangdong University of Technology
-- to access the right information at the right time.
Each of the collaborators will be contributing their
own particular area of expertise to the project. For
example, the University of Liverpool will ensure the
rest of the team are up to date with the latest advancements
in nanotechnology, through data sharing via Windchill
Pro/ENGINEER Wildfire is a product design and development
solution that will be used, for example, by engineers
and researchers from Ningbo University to design moulding
parts using CAD/CAM technology.
PTC (NASDAQ:PMTC) develops, markets, and supports
software solutions that help manufacturers win with
superior products. With a total commitment to product
development and product lifecycle management (PLM),
the Company services more than 35,000 customers worldwide.
PTC is included in the S&P 500 and Russell 2000
indices. Further information on PTC is available at
CONTACT: Nicole Rowe of PTC Global Public Relations,
firstname.lastname@example.org; or Nea Ferrier of Weber Shandwick Worldwide
- Hong Kong, 011
852 2533 9985, email@example.com
Web site: http://www.ptc.com/