PTC (Nasdaq: PTC) is a global provider of technology platforms and enterprise applications for smart and connected products, operations, and systems. PTC’s enterprise applications serve manufacturers and other businesses that create, operate and service products. Led by its award winning ThingWorx application enablement platform, PTC’s platform technologies help companies deliver new value emerging from the Internet of Things. An early pioneer in Computer Aided Design (CAD) software, PTC today employs more than 6,000 professional serving more than 28,000 businesses worldwide.

Forward Looking Statements and Risks
Statements in this press release about the expected combination and the benefits of the combination of PTC and Cedar and the opportunities created for us and our customers by the combination of the PTC and Cedar technologies are forward-looking statements that involve risks and uncertainties that could cause actual results to differ materially. Such risks and uncertainties include the following: the acquisition may not close as or when we expect, customers may not purchase the solutions or the combined solution when or at the rates we expect, we may be unable to successfully integrate the technologies or to develop planned applications when or as 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 Cedar, 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.

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PTC Corporate Communications
Eric Snow, 617-913-9719
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Investor:
PTC Investor Relations
Tim Fox, 781-370-5961
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