PTC Acquires Leading Internet of Things Platform Provider ThingWorx

Additional Resources

About PTC
PTC (Nasdaq: PTC) enables manufacturers to achieve sustained product and service advantage. The company's technology solutions transform the way products are created and serviced across the entire product lifecycle – from conception and design to sourcing and service. Founded in 1985, PTC employs over 6,000 professionals serving more than 27,000 businesses in rapidly-evolving, globally distributed manufacturing industries worldwide. Get more information at www.ptc.com.

Forward Looking Statements and Risks
Statements in this press release about our ability to leverage the ThingWorx solution to deliver applications, the effect of an app that enables companies to improve service strategies and service delivery, customer adoption of the ThingWorx solution, and the opportunities created for us and our customers by the Internet of Things are forward-looking statements that involve risks and uncertainties that could cause actual results to differ materially. Such risks and uncertainties include the following: we may be unable to create and deliver applications when or as we expect, applications we develop may not generate the revenue we expect, customers may not adopt the ThingWorx solution or applications we develop when or at the rates we expect, we may be unable to operate the business to achieve the expected financial results, we may be unable to retain and maintain relationships with key employees and strategic partners of ThingWorx, the opportunities expected to be created by the Internet of Things may not materialize as quickly or as we or others expect, as well as other risks and uncertainties described in reports we file with the Securities and Exchange Commission, including our Annual Report on Form 10-K and our Quarterly Reports on Form 10-Q.

PTC, the PTC logo and ThingWorx are trademarks or registered trademarks of PTC Inc. or its subsidiaries in the United States and in other countries.



Contact:

Media Contact:
PTC Corporate Communications
Eric Snow, 617-913-9719
Email Contact
or
Investor Contact:
PTC Investor Relations
James Hillier, 781-370-6359
Email Contact



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