NEEDHAM, Mass.—(BUSINESS WIRE)—Sept. 19, 2006—PTC (NASDAQ: PMTC), the Product Development Company(TM),today announced that SPi has expanded its deployment of PTC solutionsto include its Arbortext publishing solution, an automated publishingengine that produces professional, high-quality print and PDFdocuments with complex layout requirements. SPi provides IT-enabledcontent transformation, structuring and processing solutions that helpcompanies in the publishing, legal, healthcare and financial servicesmarkets meet their content and data management needs.

A recognized leader in the Business Process Outsourcing (BPO)market, SPi's chief objective is to shorten the lead-time forpublishing its customers' complex printed documents. With Arbortext,SPi can provide an automated publishing approach that enables itscustomers to reduce publishing time, save production costs and deliverbetter customer experiences through timely, accurate information.

"SPi looked at a number of available products in the market andchose PTC because Arbortext is the most mature software packagesupporting dynamic publishing. The use of Arbortext allows for highquality, consistency and fast output -- critical elements in ourJournal and Book production," said Ian Bellord, executive vicepresident, SPi. "Our purchase of additional licenses from PTC is atestament to their superior product and customer care. We look forwardto our partnership with PTC as we provide complete publishingsolutions to our customers."

In addition to expanding its relationship with PTC as a customer,SPi is planning to integrate its extensive publishing solutions withPTC's content management and publishing solutions to create businessopportunities for both companies.

Whether providing transaction processing services to meet theneeds of financial services organizations, medical transcriptionservices for healthcare companies or content editorial and productionservices for the publishing industry, SPi provides uncompromisingservices to the meet the needs of its diverse customer base.

"Arbortext enables SPi's Publishing group to automate its printcomposition process so that they can boost productivity and increasetheir responsiveness to customer and market demands," said PGBartlett, vice president product management for Arbortext products,PTC. "This allows SPi to deliver high-quality, professionalcomposition services to its customers, while simultaneously improvingits production costs and turn-around times."

PTC solutions for dynamic publishing enable companies to automatethe assembly and publishing of product or service information inmultiple languages and formats. These solutions are made up of theArbortext product family and are used by 30% of Fortune 500 companiesin the manufacturing, life sciences, publishing, government, insuranceand financial services industries.

PTC (Nasdaq: PMTC) provides leading product lifecycle management(PLM), content management and dynamic publishing solutions to morethan 40,000 companies worldwide. PTC customers include the world'smost innovative companies in manufacturing, publishing, services,government and life sciences industries. PTC is included in the S&P500 and Russell 2000 indices. For more information on PTC, pleasevisit http://www.ptc.com .

Except for the historical information contained herein, mattersdiscussed in this news release may constitute forward-lookingstatements that involve risks and uncertainties that could causeactual results to differ materially from those projected. These risksand uncertainties include: the successful development and integrationof the technology necessary to offer integrated solutions thatadequately responds to the evolving dynamic enterprise publishing,data management and other emerging requirements of our customers;PTC's ability to extend our solutions, including the Arbortext suiteof solutions, to vertical industries beyond the discreet manufacturingverticals traditionally served by PTC; PTC's ability to retain andmaintain relationships with key Arbortext employees, customers andother strategic partners, including those within markets and verticalindustries with which PTC has little experience; and the market for,and customer adoption of, dynamic enterprise publishing may not growas quickly as PTC expects, as well as other risks and uncertaintiesdetailed from time to time in reports filed by PTC with the Securitiesand Exchange Commission, including the Company's most recent reportson Form 10-K and 10-Q. The announcement of any particular selection ofPTC products is not necessarily indicative of the timing ofrecognition of revenue therefrom or the level of revenue for anyparticular period.

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