Latest PTC® Solution Includes Design of Experiment Functions, Expanded Reference Libraries And Integration With Third-Party Tools
NEEDHAM, Mass. — (BUSINESS WIRE) — June 7, 2010 — PTC (Nasdaq: PMTC), The Product Development Company®, today announced Mathcad® 15.0, the latest release of PTC® engineering calculation software. Mathcad 15.0 delivers enhanced capabilities to help customers solve their most pressing engineering calculation needs and improve the documentation of calculations throughout the product development process.
Mathcad 15.0 includes over 25 new functions, more robust reference libraries and integration with third-party tools, including the latest version of Microsoft Excel. Additionally, the Mathcad 15.0 integration with existing engineering platforms like Pro/ENGINEER®, as well as with PTC’s Windchill® solutions, Windchill PDMLink® and Windchill ProductPoint®, enables better management of critical engineering content, making it easier to share and reuse information leading to standardization and best practices.
“These design of experiment fitting functions are a great bonus and now that I have augmented them with my own functions they will save many hours of work evaluating large sets of data," Philip Leitch, PRL Software.
Highlights of the enhancements in Mathcad 15.0 include:
“PTC continues to view Mathcad as an important component of its overall product offering and remains committed to delivering the best engineering calculation software to our customers,” said Jake Simpson, general manager, Mathcad Business Unit, PTC. “Mathcad 15.0 with its new Design of Experiments functions and integration with Windchill ProductPoint as well as other tools, enables our customers to easily create complex engineering calculations and communicate those calculations across the organization, thus helping them achieve a level of standardization and collaboration within their product development process.”
Mathcad 15.0 Availability
Mathcad 15.0 is planned for availability on June 25, 2010 in all supported languages.
*The timing of any product release, including any features or functionality, is subject to change at PTC’s discretion.
For more information on how to obtain Mathcad 15.0, please visit the Mathcad product pages on www.ptc.com.
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About PTC ( http://www.ptc.com)
PTC (Nasdaq: PMTC) provides discrete manufacturers with software and services to meet the globalization, time-to-market and operational efficiency objectives of product development. Using the company’s CAD, and content and process management solutions, organizations in the Industrial, High-Tech, Aerospace and Defense, Automotive, Consumer and Medical industries are able to support key business objectives and create innovative products that meet both customer needs and comply with industry regulations. To see PTC products in action go to http://www.youtube.com/user/ptcstudio.
Knovel is a Web-based application integrating technical information with analytical and search tools to drive innovation and deliver answers engineers can trust. Knovel users include thousands of engineers and applied scientists worldwide. Customers include 70 of the Fortune 500 companies and more than 300 leading universities. Founded in 2000, Knovel is a private company headquartered in New York City. For more information, visit http://why.knovel.com
Except for the historical information contained herein, matters discussed in this news release may constitute forward-looking statements that involve risks and uncertainties that could cause actual results to differ materially from those projected. These risks and uncertainties include: our successful development and integration of the technology necessary to offer an integrated product development system including calculation management capabilities; our ability to facilitate our customers’ understanding of the benefits of our integrated PLM solutions as well as other risks and uncertainties detailed from time to time in reports filed by PTC with the Securities and Exchange Commission, including PTC's most recent reports on Form 10-K and 10-Q. The timing of any product release, including any features or functionality, is subject to change at PTC’s discretion.
PTC and its logo, The Product Development Company, Mathcad, Windchill, Windchill PDMLink, Windchill ProductPoint and all PTC product names and logos are trademarks or registered trademarks of Parametric Technology Corporation and/or its subsidiaries in the United States and in other countries. Knovel is a registered trademark of Knovel Corporation. Kornucopia® is a registered trademark of Bodie Technology, Inc. Truenumber is a registered trademark of True Engineering Technology LLC . Excel is a registered trademark of Microsoft Corporation.