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PTC FlexPLM Software Enables Leading CPG Company, Hunter Fan, to Reinvent Merchandising Processes

PTC
(NASDAQ: PTC) today announced Hunter
Fan Company is expanding its PTC product portfolio to include PTC
FlexPLM® retail software, in addition to its existing use
of PTC’s Creo® CAD software and PTC’s Windchill®
PLM solution. Implementing PTC FlexPLM will enable Hunter Fan to
consolidate systems and manual activity that persist beyond the
engineering bill of materials (BOM). PTC FlexPLM will also enable
improved efficiency of systems and resources to increase design accuracy
and speed to market, and tie information together.

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https://www.businesswire.com/news/home/20180617005030/en/

Hunter Fan is the world’s original ceiling fan manufacturer. With a
heritage of over 100 years, Hunter Fan continues to provide performance,
comfort, and everyday style for any room, giving consumers confidence,
peace-of-mind, and ultimately more control over their home environment.
Today’s Hunter fans offer more lighting choices, blade finishes,
mounting options, and beautifully crafted housings than ever before.

“We’ve been partners with PTC for many years and are excited to write
yet another chapter. PTC’s commitment to innovation and digital
transformation through PLM, IoT, and augmented reality aligns with
Hunter Fan’s ambition to connect with customers and deliver the perfect
fan,” said Tom Breeden, vice president of engineering, Hunter Fan. “We
have focused on improving worker efficiency and increasing our speed of
innovation by extending PLM capabilities further into our organization
and by continuing to leverage PTC’s best-in-class software.”

Lisa Keepers, director of product management, Hunter Fan, added, “We’re
extending real-time data across the full product development cycle.
FlexPLM enables visibility to our entire portfolio. This comprehensive
view allows our teams to make better decisions sooner – ultimately
delivering new products to market faster.”

Hunter Fan expanded its use of PTC software to include FlexPLM for a
variety of reasons, including:

“Retail and consumer products companies today are realizing that
technology is changing the way we create, manufacture, and merchandise
products. Brands like Hunter Fan, with a deep history in product
innovation, are a testament to the power and potential that technology
can infuse into retail and consumer products,” said Eric Symon, general
manager, retail, PTC. “Hunter Fan is embracing the true definition of
complete product lifecycle management with its expansion into
merchandising with the PTC FlexPLM solution.”

To learn more about how to bridge the gap between your engineering
department and other key stakeholders to deliver on-trend products to
market faster and more efficiently, join representatives from Hunter Fan
and experts from other leading consumer products companies at the
sold-out LiveWorx®
18 global technology conference and marketplace for solutions
engineered for a smart, connected world. Executives from Hunter Fan,
Archer Grey, Specialized Bicycle Components, and PTC will be sharing
additional insights during a consumer products panel discussion this
Monday, June 18 at 2:30 pm in room 107ABC.

Additional Resources

The announcement of any particular selection of PTC software is not
necessarily indicative of the timing of recognition of revenue therefrom
or the amount of revenue for any particular period. In addition, in many
cases PTC’s software must be successfully implemented and deployed to
enable the customer to achieve its business objectives. The announcement
of a customer’s selection of PTC software does not indicate that
applicable implementation and deployment activities are complete.

About Hunter Fan CompanyThe maker of ‘Trusted Fans for
Inspired Spaces’ since 1886, Hunter Fan Company is the world’s original
ceiling fan manufacturer. As the #1 most installed ceiling fan for over
100 years, Hunter continues to provide a deep heritage of performance,
comfort and everyday style for any room, giving consumers confidence,
peace-of-mind and ultimately more control over their home environment.
The Memphis-based brand is in the midst of an unprecedented new product
launch — offering an array of over 100 new models, from rustic and
contemporary designs to classic and retro statement pieces. In addition,
the brand has recently debuted their exclusive line of Wifi-Enabled
SIMPLEConnect™ fans, which are now compatible with both Apple HomeKit
and Amazon Alexa. As an industry-leader, Hunter’s cutting-edge design
and quality craftsmanship continues to bring unmatched performance into
every space. Hunter ceiling fans are available on Hunterfan.com, as well
as in lighting showrooms, home centers and online retailers nationwide.

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.

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

View source version on businesswire.com: https://www.businesswire.com/news/home/20180617005030/en/