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PTC Friedenstraße 22b 81671 München, Germany http://www.ptc.com
Contact Ms Meredith Mendola +1 781-370-6151
Company logo of PTC

PTC Reports First Quarter Fiscal Year 2008 Results

Company Delivers Year-Over-Year Revenue Growth of 9% and Non-GAAP Operating Income Growth of 34%

(PresseBox) (Needham,Mss., )
PTC (Nasdaq: PMTC), the Product Development Company®, today reported GAAP revenue of $241.2 million for the first quarter ended December 29, 2007, up 9% from the same period last year. Non-GAAP revenue for the first quarter was $242.5 million. Non-GAAP revenue excludes the effect of purchase accounting on the fair value of the acquired deferred maintenance revenue balance of CoCreate Software GmbH, which PTC acquired during the first quarter.

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