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Actify Adopts PTC's Granite One to Advance Design Visualization for the Pro/ENGINEER User CommunitySAN FRANCISCO, Calif - September 13, 2001 - Actify, Inc. announced today that it has signed an agreement with PTC (Nasdaq: PMTC), the Product Development CompanyŻ, to incorporate GraniteŻ One into its solutions. Actify adds significant value to the worldwide Pro/ENGINEER user community with its popular desktop and web-based visualization solutions. Granite One is an interoperability platform based on the unmatched geometry, feature and data exchange capabilities at the core of Pro/ENGINEER•, PTC's market leading mechanical computer-aided design software. As a Granite One adopter, Actify intends to deliver enhanced solutions for design access and visualization to customers using Pro/ENGINEER and other CAD applications built on Granite. Actify's visualization solutions offer viewing, measurement, and markup of 3D and 2D designs regardless of file format. A powerful blend of advanced features such as cross-sectioning and assembly navigation can be found in 3DView, Actify's desktop visualization environment, and SpinFire, Actify's Web-based publish-and-view solution featuring the free browser-based SpinFire Viewer. Granite One gives Actify customers a seamless link to the data in Pro/ENGINEER and other Granite-based engineering solutions, making 3D content readily accessible to the design enterprise. "By leveraging the technology of Pro/ENGINEER built into the Granite One interoperability kernel, we anticipate that companies like Actify will pass the benefits of true associative interoperability on to their customers," stated Brian Shepherd, senior vice president, technical marketing, PTC. "We are excited that Actify has been an early adopter of Granite, and their customers will experience full interoperability between Pro/ENGINEER and Actify's visualization solutions." "Granite enables Actify to provide designers, suppliers, engineers, managers, and clients with a robust environment for viewing, measuring and marking up Pro/ENGINEER designs" said Mark Gisi, president of Actify. "PTC's commitment to open access for designs moves the industry forward towards true interoperability. We intend to leverage our Granite One partnership with PTC to create solutions that render significant value and the most complete visualization experience possible for manufacturing and product design organizations." Joe Greco, a leading industry analyst and engineer, observed, "Interoperability is the most critical challenge facing today's product development team. Interaction throughout the extended design and manufacturing organization needs to be streamlined in order to reduce cost and time-to-market. Partnerships between software developers such as Actify and PTC reflect an industry trend focused on improving interoperability and reliable access to CAD designs that will refine and compress the manufacturing process." About PTCPTC (Nasdaq: PMTC) develops, markets, and supports software solutions that help manufacturers get superior products to market before their competitors. PTC is the world's largest software company with a total commitment to product development. The company services more than 32,000 customers worldwide. Further information on PTC is available at www.ptc.com. Except for the historical information contained herein, matters discussed in this news release may constitute forward-looking statements that involve risks and uncertainties that could cause actual results to differ materially from those projected. These risks and uncertainties include: the acceptance of Granite as a development kernel and CAD interoperability solution; the success of any development efforts for products incorporating Granite; the potential for Granite to be used to develop products that compete with PTC offerings; and PTC's effective coordination and management of joint activities with software partners in order to deliver products, services and support that meet evolving customer requirements, together with such other risks and uncertainties as are detailed from time to time in reports filed by PTC with the Securities and Exchange Commission, including PTC's most recent reports on Form 10-K and 10-Q. About ActifyActify, the Design Visualization CompanyŻ, offers the highest level of design access and visualization to the automotive, aerospace, medical, and manufacturing industries. Actify's solutions enable designers and non-designers alike to participate in product design and development, thus contributing to lower overall costs and improved manufacturing performance. Based in San Francisco, Actify is a privately held company. Further information on Actify and its products is available at www.actify.com. For further information please contact: pr@actify.com |