PTC Reports Second Quarter Fiscal Year 2007 Results

NEEDHAM, Mass., April 25, 2007 – PTC (Nasdaq: PMTC), the Product Development Company(R), today reported revenue of $228.1 million for the second quarter ended March 31, 2007, up 14% from the same period last year. Total license revenue for the second quarter of 2007 was $71.3 million, up 31% from the same period last year. Results for the second quarter of 2007 reflected significant year-over-year growth in Europe and North America and strength across all product lines.

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