NEEDHAM, MA. - October 22, 2007 PTC (Nasdaq: PMTC), the Product Development Company® today announced that Samsung SDI, a world leading digital products company, has successfully deployed PTC® Windchill® as its enterprise-wide PLM system. Windchill is PTC's content and process management solution that enables Samsung SDI to streamline its product development processes to deliver superior products and improve customer satisfaction.
Windchill is the only PLM solution designed from the ground up to work in an Internet-based, distributed design environment. Samsung SDI will adopt Windchill across the organization as its central source of information for products being designed and manufactured. Specifically, SDI intends to utilize Windchill for its Engineering Change Management, Part/Product Information Management, Bill of Materials (BOM) Management, Standards Management, Technical Document Management and Engineering Data Management requirements.
''For better performance in delivering products to the market, we are standardizing on our product development and management processes throughout the world,'' said Hyun-Soo Choi, Ph. D., executive vice president of process innovation team, Samsung SDI. ''We have gladly selected PTC Windchill for Samsung's standardized PLM system. We trust its superior capabilities and look forward to working with PTC.''
''Samsung SDI is a leading display and energy company and we are pleased to be their long-term strategic PLM partner,'' said Chad Hawkinson, vice president product strategy, electronics, PTC. ''SDI's decision demonstrates that we are providing real-world business solutions to our customers and enabling them to be strong competitors in the electronics industry.''
About Samsung SDI
Samsung SDI has been developing digital products on the global frontier for 37 years, and is a world leading display technology provider across a wide range of products, from the color Braun tube, to leading flat displays; PDP, LCD, OLED, and the Lithium-ion Battery. For more information, please visit http://www.samsungsdi.com/contents/en/main.jsp .
About PTC Solutions for Electronics & High Tech
PTC solutions for electronics & high tech are designed to meet the product lifecycle management requirements of electronics manufacturers. These solutions include product development process and data management, electronic verification and collaboration, environmental regulatory compliance (RoHS, WEEE, etc.) and 3D mechanical design. PTC has over 3,000 high tech customers, including the top 30 electronics manufacturers across the globe.
About PTC
PTC (Nasdaq: PMTC) provides leading product lifecycle management (PLM), content management and dynamic publishing solutions to more than 50,000 organizations 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 Midcap 400 and Russell 2000 indices. For more information on PTC, please visit http://www.ptc.com.
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