Patagonia To Use PTC PLM Solutions To Optimize Design And Manufacturing Of Its Activewear Lines

PTC® Retail, Footwear and Apparel Solution Streamlines Line Development

NEEDHAM, MA. – September 18, 2006 - PTC (Nasdaq: PMTC), the Product Development Company™, today announced that its customer, Patagonia, has expanded its use of FlexPLM™, PTC’s Retail, Footwear and Apparel solution, to optimize the design and manufacturing of its apparel lines. Patagonia, a leading producer and marketer of clothing for outdoor sports, hopes to use the PTC solution to improve operational efficiency by providing a single version of product information that is visible across its product development teams and supply partners.

As a brand devoted to the unique, constantly changing requirements of outdoor enthusiasts, Patagonia recognizes the strategic role constant innovation plays in designing and delivering high performance, high quality clothing. PTC’s proven PLM solutions enables companies to streamline line development in order to maximize technical innovations to address consumer trends.

Patagonia is using PTC to help manage their multi-product line involves both global suppliers and distribution channels. In addition, Patagonia is taking advantage of the capabilities this solution offers to gain early visibility into the makeup of the line to identify any modifications, such as late adds or drops. This early visibility enables companies to quickly communicate modifications to the entire team in order to minimize market delays or increased product costs.

"Patagonia`s focus is quality," noted Mike Busch, director of IT, Patagonia. "We`re happy to be partnering with PTC as our single source PLM provider because of their commitment to a quality product that`s reliable, stable and flexible."

“PTC is committed to helping companies carve out competitive advantage by refining processes that remove redundancies in order to help drive top line revenue and reduce costs. This is why organizations like Patagonia are implementing our solution,” said Kathleen Mitford, vice president, vertical market strategy, PTC. “The addition of Patagonia to our customer base highlights the momentum of PLM as a critical area of investment in business innovation as market leaders strive to increase operational efficiency and maximize productivity in product development.”

About Patagonia
Patagonia, with sales last year of $260M, is noted internationally for its commitment to product quality and environmental activism. Its Environmental Grants Program has contributed over $25M to grassroots environmental activists since the program began in 1985, and its Environmental Internship Program allows employees to work for environmental groups while receiving their full paycheck. Incorporating environmental responsibility in to product development, the company has, since 1996, used only organically-grown cotton in its clothing line, and its most recent launch of synthetic fiber-to-fiber recycling – taking back its worn-out clothing and reincarnating it as new products, forever capturing the petroleum used in making virgin fiber.

About PTC Solutions for Retail, Footwear and Apparel
PTC solutions for retail, footwear and apparel are designed to meet the product lifecycle management requirements of retailers, branded manufacturers and their suppliers. These web-based solutions are comprised of FlexPLM and provide configurable functionality and information visibility across the enterprise and its supply chain. PTC is a leading provider to top retail, footwear and apparel brands worldwide.

About PTC
PTC (Nasdaq: PMTC) provides leading product lifecycle management (PLM), content management and dynamic publishing solutions to more than 40,000 companies worldwide. PTC customers include the world`s most innovative companies in manufacturing, publishing, services, government and life sciences industries. PTC is included in the S&P; 500 and Russell 2000 indices. For more information on PTC, please visit http://www.ptc.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 include: our ability to continue to successfully develop and integrate the technology necessary to offer an integrated Product Development System for the Retail, Footwear and Apparel industry that adequately responds to evolving customer requirements; the continued growth in the adoption of PLM solutions by these customers and ability to maintain key customer relationships providing the foundation for repeat business; and our ability to achieve our growth objectives by extending our solutions to vertical industries, beyond the discreet manufacturing verticals traditionally served by PTC; as well as other risks and uncertainties detailed from time to time in reports filed by PTC with the Securities and Exchange Commission, including the Company`s most recent reports on Form 10-K and 10-Q. The announcement of any particular selection of PTC products is not necessarily indicative of the timing of recognition of revenue from such order or the level of revenue for any particular period.

PTC and its logo, The Product Development Company, FlexPLM and all PTC product names and logos are trademarks or registered trademarks of Parametric Technology Corporation or its subsidiaries in the United States and in other countries.