PTC to Streamline Management of Software Systems Development Processes at Tier 1 OEM Automotive Supplier

NEEDHAM, Mass. — (BUSINESS WIRE) — March 19, 2012 — PTC (Nasdaq: PMTC) today announced Yazaki North America, Inc., a Tier 1 automotive supplier, has selected PTC as the software systems platform for its electronic instrumentation.

In today’s highly competitive automotive industry, software is quickly becoming an important differentiator as automobiles increasingly include advanced instrumentation and high-definition displays. The business research firm Frost and Sullivan estimates that cars will require 200 million to 300 million lines of software code in the near future. As a global supplier of vehicle power and data solutions, Yazaki recognized the increased significance and volume of software in its products and realized that the complexity of its product development processes could not be effectively managed with the current infrastructure. The company recognized the value of a solution that enables global software development collaboration and code reuse.

“Yazaki chose PTC’s Integrity software because it offers a single software engineering platform that can manage process complexity and support strategic quality, compliance, collaboration, and release readiness initiatives,” said Larry Engelhardt, senior product manager electronics and instrumentation business unit, Yazaki North America.

Integrity integrates well with Yazaki’s other product lifecycle management applications. Key to Yazaki’s decision was PTC’s commitment and certification of Integrity for developing safety related systems in ISO 26262 compliant development processes, an automotive safety mandate that requires safety-related embedded systems to qualify the tool chain being used to produce these systems.

Continues Engelhardt, “Yazaki products depend on the quality of the software that drives them. PTC’s Integrity enables us to better manage the increasing complexities of electronic instrumentation. With this integrated approach we are able to quickly make better design decisions so we can rapidly deliver innovative new products to our automotive customers.”

“Yazaki is one of many automotive customers using Integrity as the platform for the collaborative integrated development of software systems,” said Andrew Wertkin, chief technology officer, PTC. “PTC understands that successful management of embedded systems can provide a strategic business advantage for manufacturers. We look forward to working with Yazaki to drive greater value to its automotive OEM customers using this technology.”

Additional Resources

• Automotive business challenges (web site)
• PTC Integrity resource center (web site)
• PTC’s Product Information Lifecycle Management (PLM) Resource Center (web site)
• Tech-Clarity Perspective: Developing Software-Intensive Products (Tech-Clarity Report)
• Embedded Software – The Future of Innovation in Tomorrow’s Products (Aberdeen Research Report)
• Gartner Predicts 2012: Product Design and Life Cycle Management (Gartner Research Report)

About Yazaki

Yazaki Corporation is a global leader in the research, development and delivery of vehicle power and data solutions for vehicle applications. Yazaki produces electrical distribution systems, vehicle information products, solid-state power centers, connection systems and electronics. Worldwide, the company employs nearly 200,000 people in 39 countries. Yazaki has been committed to the preservation of the environment for over 70 years. The company continues this commitment today through the development of advanced electric components for hybrid electric vehicles, the promotion of recycling and the efficient use of resources. For more information about Yazaki North America, Inc. and its vision for a greener tomorrow, log onto www.yazaki-na.com.

About PTC

PTC (Nasdaq: PMTC) enables manufacturers to achieve maximum value from their product strategies with software and services that optimize key business processes throughout the entire product lifecycle – from conception and design to sourcing and service. The company’s integral solution portfolio unleashes product innovation, improves collaboration and ensures product data integrity within engineering and across the enterprise, supply chain and service partner networks. Founded in 1985, PTC employs nearly 6,000 professionals serving more than 27,000 customers worldwide. More information can be found at www.ptc.com.

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