2010
07.29
Continental to Standardize on PTCs Windchill Platform for Global Product Development

Business Wire, July 27, 2010

Supervisory and Executive Board of Leading Global Automotive Supplier
Sign Major Strategic and Long-Term Partnership with PLM Vendor PTC to
Support Process and IT Harmonization on a Global Scale

NEEDHAM, Mass. — PTC (Nasdaq: PMTC), The Product Development Company, today
announced that Continental has selected Windchill, PTCs PLM (product
lifecycle management) solution, as its global standard for product
development in its Automotive Group.

PLM is a key component of our IT-Strategy, which aims at standardizing
and harmonizing the IT landscape at Continental Automotive, said Ralf
Brunken, CIO at Continental Automotive Group. As a result of our
assessment among several PLM vendors, we selected PTCs Windchill for
its strong technological performance and for the companys
value-oriented approach which both are critical when engaging in such a
strategic and long-term partnership.

Continental will replace its existing PLM system and standardize its
three automotive divisions Chassis & Safety, Powertrain and Interior
on PTCs Windchill platform. The integral, web-based Windchill solution
will be used as the worldwide PLM backbone for engineering change,
multi-CAD data management, ECAD data management as well as for
third-party integration, thus enabling seamless process integration and
global collaboration. Windchill is ultimately expected to support more
than 12,000 users in both engineering and non-engineering departments.

In todays global economy, a PLM solution is mission critical for a
company in the automotive industry, said Wolfgang Schaefer, CFO at
Continental Corporation. We expect PTCs Windchill solution to improve
our engineering processes and product quality.

James E. Heppelmann, CEO-elect and president at PTC commented,
Shrinking margins, globalization, and increasing regulatory
requirements have put strong pressure on the highly competitive
automotive industry. In such an environment, companies have an intense
need to optimize their business processes. We are thrilled that
Continental has chosen Windchill to support this critical business
initiative
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