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19 Jan 2005

PTC Reports First Quarter Fiscal Year 2005 Results; Company Exceeds Revenue and EPS Targets, Accelerates Growth

NEEDHAM, Mass., Jan 19, 2005 - PTC, today reported revenue of $169.2 million for the first fiscal quarter ended January 1, 2005, up 8% from $156.8 million for the same period last year. This revenue growth was driven by year-over-year growth in license, service and maintenance revenue across all major product lines and geographies.

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