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| [January 24, 2013] |
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Embraer Selects PTC to Bring Future Aircraft to Market Faster
NEEDHAM, Mass. --(Business Wire)--
PTC (Nasdaq: PMTC) today announced that Brazil-based Embraer, one of the
world's largest aircraft manufacturers, has selected PTC's
product lifecycle management (PLM) technology solutions to help
bring new innovative aircraft to market faster, more efficiently, and
with the highest levels of quality. With the switch to PTC
from its legacy PLM provider, Embraer is proactively preparing for an
expected increase in demand for new aircraft in the coming years.
"At Embraer, we have a proud tradition of innovation that has allowed us
to satisfy the ever changing
demands of the global aviation industry," said Mauro Kern, Embraer's
executive vice president, Engineering and Technology. "This PLM program
with PTC will bring the best technology to improve our ability to
design, develop, and deliver innovative, safe, and efficient aircraft."
To capitalize on its market opportunity, Embraer sought to modernize its
technology infrastructure and business processes. Doing so will improve
management's confidence in meeting accelerated delivery schedules while
maintaining Embraer's commitment to quality and safety. Central to its
ability to achieve these goals is the choice of a new product lifecycle
management backbone system that offers the broadest set of capabilities.
"PTC showed us a strong technical and commercial solution that matched
our key ITC enterprise architecture - wide functionality and flexible
parameterization to avoid customization, open and easy interfacing
allowing integration into a heterogeneous environment, and a flexible
licensing and support model with balanced intellectual property
protection minimizing our total cost of ownership", said Alexandre
Baul�, Embraer�s CIO.
After an exhaustive review of PLM technology providers, Embraer chose
PTC as its partner of record for its entire global aircraft development
program - commercial, executive and defense.
"The complexity of modern aircraft is increasing at a rapid pace - in
terms of customer demand, component structure, and supplier networks,"
said Jim Heppelmann, president and CEO of PTC. "Addressing this
complexity requires a modern, scalable system that can manage
collaboration across aglobal development process. PTC has deep
experience helping aircraft makers accelerate innovation and we are
honored to have been chosen by an industry leader like Embraer to help
them achieve their business objectives."
The selection also validates, and further extends, PTC's position as a
leading PLM technology solution provider for the aerospace and defense
(A&D) industry.
"According to our PLM market research, PTC is the market leader in
providing collaborative Product Definition management (cPDm) software
and services to the A&D market with their Windchill portfolio," said
Peter Bilello, president of PLM strategic management consulting firm
CIMdata. "And over the past several years, PTC has also experienced the
fastest growth rate of any major solution provider in this market."
For PTC, which currently has customers, partners and facilities in
Brazil and Mexico, this deal marks an important expansion of the
company's business across Latin America.
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About Embraer Embraer S.A. is
the world's largest manufacturer of commercial jets up to 120 seats, and
one of Brazil's leading exporters. Embraer's headquarters are located in
S�o Jos� dos Campos, S�o Paulo, and it has offices, industrial
operations and customer service facilities in Brazil, China, France,
Portugal, Singapore, and the U.S. Founded in 1969, the Company designs,
develops, manufactures and sells aircraft and systems for the commercial
aviation, executive aviation, and defense and security segments. It also
provides after sales support and services to customers worldwide. For
more information, please visit www.embraer.com.br.
About PTC PTC (Nasdaq: PMTC)
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.
The announcement of a customer's selection, implementation, deployment
or adoption of PTC software is not necessarily indicative of the timing
or amount of revenue from such engagement or of PTC's overall revenue
for any particular period.
PTC and the PTC logo are trademarks or registered trademarks of
Parametric Technology Corporation or its subsidiaries in the United
States and other countries.

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