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PTC Partners with Hong Kong Polytechnic University in Global Nanotechnology R&D Project

Effort brings together seven universities collaborating with Pro/ENGINEER(R) Wildfire(TM) and Windchill(R) ProjectLink(TM) solutions to develop micro- injection moulding machines

NEEDHAM, 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 ProjectLink.
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.

About PTC
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 http://www.ptc.com/index.htm.

Source: PTC
CONTACT: Nicole Rowe of PTC Global Public Relations, +1-781-370-6369,
nrowe@ptc.com; or Nea Ferrier of Weber Shandwick Worldwide - Hong Kong, 011
852 2533 9985, nferrier@webershandwick.com
Web site: http://www.ptc.com/

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