Latest Release Extends Support to 9 Languages and Improves Calculation Power and Clarity
NEEDHAM, MA. – February 12, 2007—PTC (Nasdaq: PMTC), the Product Development Company™, today announced Mathcad 14.0, the latest release of PTC’s engineering calculation software. Since its acquisition of Mathsoft in April 2006, PTC has focused on making the broad capabilities of the Mathcad technology more widely available to customers operating across geographic boundaries. Mathcad 14.0 expands the ability of PTC’s customers to solve pressing engineering calculation needs and improves the associated documentation of these calculations throughout the product development process.
Engineering calculations are critical to the process of designing and developing products, which today is often a globally distributed process. With Mathcad 14.0, PTC now provides full Unicode support and will soon offer the product in nine languages. New languages will include Italian, Spanish, Korean, and both Traditional and Simplified Chinese. Expanded language support in Mathcad 14.0 will enable geographically dispersed teams to solve and document calculations in their local language which ultimately improves efficiencies by increasing speed and accuracy as well as reducing potential errors that may occur from language translation.
Mathcad 14.0 also delivers improved calculation power and clarity through new worksheet analysis functions, inline numeric evaluation enhancements, and enhanced symbolics. This will help users to derive formulas, demonstrate process and document engineering reasoning. Finally, specific enhancements to the Mathcad 14.0 mathematic solvers will allow users to solve and document a broader range of engineering design problems.
"As a long-time user of Mathcad software, SkyCross is particularly pleased with the additional capabilities delivered with Mathcad 14.0," said Dr. Chris Morton, CEO, SkyCross. "The additional language support and continued integration with Pro/ENGINEER® will enable us to easily extend this software into our product design processes. We look forward to continue working with PTC as it delivers the technology we require to optimize our product development systems."
Highlights of the enhancements in Mathcad 14.0 include:
Support for nine languages that include English, French, German, Italian, Japanese, Korean, Spanish, Traditional and Simplified Chinese
Full Unicode support enables usage of all multilingual characters including Asian, Cyrillic, Hebrew, Arabic and Greek throughout the application
New ODE solvers including a state space solver and support for the Adams-Bashforth ODE method for more trouble-free, higher precision answers
Improved calculation clarity by viewing definition and result in a single statement
Enhanced plot formatting capabilities that include new tab to customize 2-D plot axes, support for negative radii on polar plots
Enhanced documentation quality with a new math font to improve display of math expressions and operators
Continued integration with Pro/ENGINEER
Increased technical support with access to PTC’s global 24 x 7 technical phone support and online web tools for maintenance customers
The integration between Mathcad and Pro/ENGINEER is a bi-directional link between the two applications. Users of these solutions can easily associate any Mathcad file with a Pro/ENGINEER part or assembly using the analysis feature in Pro/ENGINEER. Critical values calculated in Mathcad can be mapped to parameters and dimensions in the CAD model to drive the geometric design. Parameters from a Pro/ENGINEER model can also be input into Mathcad for downstream engineering design calculations. The integration offers dynamic updates to calculations and the CAD drawing when parameters are changed. Additionally, Mathcad-driven Pro/ENGINEER designs can now be validated using Pro/ENGINEER Mechanica® structural, thermal, fatigue and mechanism analysis solutions.
"Mathcad 14.0 reinforces our commitment to develop products that enable organizations to optimize their product development processes," said James Heppelmann, executive vice president and chief product officer, PTC. "With its multiple language support, additional engineering calculation capabilities and integration with Pro/ENGINEER, Mathcad 14.0 allows organizations with geographically dispersed engineers to leverage critical engineering calculations that drive product design models and standardize best practices."
Mathcad 14.0 Availability
Mathcad 14.0 is currently available in English. All additional language versions are expected later in February 2007. 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 14.0, please visit the Mathcad product pages on www.ptc.com.
Single users may purchase Mathcad from the PTC Web Store at http://store.ptc.com/us.
About PTC Solutions for Engineering Calculations
PTC solutions for engineering calculations are designed to enable companies to automate calculation tasks by simultaneously documenting and solving the critical engineering calculations used throughout the product development process in order to deliver optimized products more rapidly. Ninety percent of Fortune 1000 companies, 500 government agencies and 2,000 colleges and universities around the world use PTC Mathcad to capture the strategic value in their engineering calculations.
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 Midcap 400 and Russell 2000 indices. For more information on PTC, please visit http://www.ptc.com.
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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; our ability to facilitate our customers’ understanding of the benefits of our integrated PLM solutions and product development system offering (including return on investment, ease of use, and value creation); our successful development of the technology necessary to integrate Mathcad with other PTC products; the market for, and customer adoption of, calculation solutions may not grow as quickly as we expect; we may be unable to retain and maintain relationships with key employees, distributors, customers and other strategic partners of Mathsoft, including those within markets and vertical industries with which PTC has little experience; we may be unable to adequately support multiple solutions acquired through strategic business development initiatives in industries outside of PTC’s traditional customer base 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.
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