PTC Joins 3MF Consortium as Founding Member

Industry Association Brings Together Leading Companies to Define 3D Printing Format

NEEDHAM, Mass. — (BUSINESS WIRE) — July 28, 2016PTC (NASDAQ: PTC) today announced that it has joined the 3MF Consortium at the founding membership level. 3MF Consortium is an industry association created to develop and promote a new full-fidelity file format for 3D printing.

PTC’s industry-leading Creo® CAD software offers capabilities designed to streamline additive manufacturing, enabling users to remove uncertainty and rework from the process, and allowing them to go from concept to validation quickly and easily. With Design for Additive Manufacturing, PTC provides a single environment within its Creo product suite that enables users to design, optimize, prepare, and validate designs for 3D printing.

“PTC is committed to bringing visibility of manufacturing capabilities to the design engineer and streamlining the overall design-to-3D print process,” said Paul Sagar, vice president, CAD product management, PTC. “This is a shared vision with the 3MF Consortium, and we look forward to collaborating with fellow industry leaders to make this a reality.”

“PTC joining the 3MF Consortium is yet another important step toward the goal of developing a viable, end-to-end, global additive manufacturing solution,” said Adrian Lannin, executive director, 3MF Consortium. “PTC is well-known for its innovative technology platforms and solutions for the Internet of Things, and they will become an important contributor to the 3MF Consortium.”

The 3MF Consortium was formed to close the gap between the capabilities of modern 3D printers and outdated file formats. The 3MF specification eliminates many of the problems associated with currently available file formats, resolving interoperability and functionality issues, and enabling companies to focus more on innovation. The first version of the 3MF specification is available now for download at no charge.

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About the 3MF Consortium

Launched in 2015, the 3MF Consortium is a Joint Development Foundation project with the goal to define a 3D printing format that will allow design applications to send full-fidelity 3D models to a mix of other applications, platforms, services and printers. The 3MF (for 3D Manufacturing Format) specification eliminates the widespread issues with currently available file formats.

Founding members of the 3MF Consortium are: 3D Systems; Autodesk, Inc.; Dassault Systèmes, SA.; FIT AG; GE Global Research; HP, Inc.; Materialise; Microsoft Corporation; PTC Inc.; Shapeways, Inc.; Siemens PLM Software; SLM Solutions Group AG; Stratasys; and Ultimaker. The starting point for the Consortium’s development of the 3MF specification was Microsoft’s donation of its 3D file format work-in-progress. More information about the 3MF Consortium and the 3MF specification is available at http://www.3mf.io.

About PTC

PTC (NASDAQ: PTC) is a global provider of technology platforms and solutions that transform how companies create, operate, and service the “things” in the Internet of Things (IoT). The company’s next-generation ThingWorx® technology platform gives developers the tools they need to capture, analyze, and capitalize on the vast amounts of data being generated by smart, connected products and systems. The company’s field-proven solutions are deployed in more than 26,000 businesses worldwide to generate a product or service advantage. PTC’s award-winning CEO, considered an industry thought leader, co-authored the definitive guides to the impact of the IoT on business in the Harvard Business Review.

PTC, the PTC logo, Creo, and ThingWorx are trademarks or registered trademarks of PTC Inc. or its subsidiaries in the United States and other countries.



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