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ANSYS and PTC to Offer Groundbreaking Integrated Solution for Design at the Speed of Thought

ANSYS
(NASDAQ:ANSS) and PTC
(NASDAQ:PTC) today announced at the sold-out LiveWorx®
18 digital transformation conference that they have partnered to
accelerate product innovation by providing customers a world-class
simulation-driven design solution.

Working together, ANSYS and PTC will deliver ANSYS Discovery Live
real-time simulation within PTC’s Creo®
3D CAD software. The combined solution will be sold by PTC as part
of the Creo product suite. This solution will offer customers a unified
modeling and simulation environment, removing the boundaries between CAD
and simulation and enabling design engineers to gain insight into each
of the many design decisions they make throughout the product
development process. This insight will enable design engineers to create
higher quality products, while reducing product and development costs.

The collaboration between ANSYS, the leader in engineering simulation,
and PTC, the leader in 3D CAD, leverages the companies’ respective
technology strengths and market presence. ANSYS developed its
groundbreaking, real-time simulation solution, ANSYS Discovery Live, to
further its strategy of Pervasive Engineering Simulation. This combined
solution will give designers the power of Creo, the award-winning 3D CAD
solution from PTC, fully integrated with ANSYS Discovery Live. The
integration of these two leading solutions brings real-time simulation
into the modeling environment, creating an interactive design experience.

“With the combined solution engineers will be able to see the real-time
results of simulation during the modeling process, enabling them to
understand design changes in their models. This capability has the
potential to dramatically improve engineering productivity and quality
and the combined solution can be a differentiator in the market,” said
Jim Heppelman, president and CEO, PTC. “Partnering with ANSYS makes
tremendous sense on every level.”

Currently being demonstrated at LiveWorx
18 this week, the first product planned to be delivered by the
companies will integrate ANSYS Discovery Live into Creo to enable
instantaneous static structural, thermal, and modal simulation. Over
time, the companies intend to integrate the full breadth of ANSYS
Discovery simulation functionality into Creo.

“ANSYS is the global leader in engineering simulation, and Discovery
Live is the latest example of our innovation in action. By embedding
ANSYS Discovery Live into Creo, we will expand our audience to include
design engineers – who will be able to design at the speed of thought,”
said Ajei Gopal, president and CEO, ANSYS. “The power of simulation will
now readily be provided to engineers as they make thousands of decisions
and model explorations, providing them with unprecedented insight into
their design choices.”

Today’s announcement continues the relationship between PTC and ANSYS,
which was announced
last year with a solution that connects ANSYS® Twin
Builder™ to the ThingWorx®
Industrial Innovation Platform from PTC.

Additional Resources

All product releases, including the timing of any such release and any
features or functionality, are subject to change at PTC’s discretion.

About ANSYS, Inc.

If you’ve ever seen a rocket launch, flown on an airplane, driven a car,
used a computer, touched a mobile device, crossed a bridge or put on
wearable technology, chances are you’ve used a product where ANSYS
software played a critical role in its creation. ANSYS is the global
leader in engineering simulation. Through our strategy of Pervasive
Engineering Simulation, we help the world’s most innovative companies
deliver radically better products to their customers. By offering the
best and broadest portfolio of engineering simulation software, we help
them solve the most complex design challenges and create products
limited only by imagination. Founded in 1970, ANSYS is headquartered
south of Pittsburgh, Pennsylvania, U.S.A., Visit www.ansys.com
for more information.

About PTC (NASDAQ:PTC)

PTC helps companies around the world reinvent the way they design,
manufacture, operate, and service products in and for a smart, connected
world. In 1986 we revolutionized digital 3D design, and in 1998 were
first to market with Internet-based product lifecycle management. Today,
our leading industrial innovation platform and field-proven solutions
enable you to unlock value at the convergence of the physical and
digital worlds. With PTC, manufacturers and an ecosystem of partners and
developers can capitalize on the promise of the Internet of Things and
augmented reality technology today and drive the future of innovation.

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

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