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NEEDHAM, MA. – June 16, 2009 - PTC (Nasdaq: PMTC), the Product Development Company®, today announced that Samsung Thales Corporation, a leading Korean defense company, has selected Pro/ENGINEER®, PTC’s parametric 3D CAD/CAM/CAE solution as its next generation design solution in a competitive benchmark. With this decision, Samsung Thales, who had previously standardized on PTC Windchill® as its product lifecycle management (PLM) solution, expands its use of the PTC® Product Development System.
Samsung Thales selected Pro/ENGINEER to provide a global design process optimized according to international standards as a means to secure global competitiveness, displacing its previous CAD system.. Increasingly dissatisfied with the vendor’s level of investment and commitment to its existing tool, Samsung Thales decided to conduct a competitive benchmark earlier this year to select its next generation 3D CAD solution. During the benchmark, PTC Pro/ENGINEER outperformed other solutions both in terms of technical validation and support. Samsung Thales cited the simple and easy to adopt Pro/ENGINEER user experience and powerful capabilities as key influencers in its decision to standardize on Pro/ENGINEER.
“Samsung Thales has a long term relationship with PTC through the implementation of Windchill as its standard PLM solution,” said Baek, Seung-Cheol Senior Manager of Samsung Thales “Windchill provides Samsung Thales with powerful, Web-based support for key product development processes in a single technology architecture and execution environment. The CAD solution benchmark was an independent assessment specifically focused upon usability and functional capabilities. Based upon this criteria, PTC Pro/ENGINEER was selected as the solution that best meets Samsung’s business needs. We look forward to expanding our strategic partnership with PTC by implementing Pro/ENGINEER and working with PTC Global Services to maximize the value we derive from the solution,” Baek added.
“Pro/ENGINEER and Windchill together make an unbeatable product development system for our customers who are facing continuing pressures to be world class in efficiency and innovation,” said Brian Shepherd, executive vice president, product development, PTC. “We are pleased to extend our partnership with Samsung Thales to help them achieve their product development process improvement goals.”
About Samsung Thales Corporation
Samsung Thales Corporation is Korea’s leading defense company specializing in electric equipments and systems. It holds accumulated technical competencies through core technology development and localization of various defense products, civil solutions and customer support & services. For more information, please visit http://eng.samsungthales.com/
About PTC Solutions for Aerospace and Defense
PTC provides product lifecycle management solutions designed to meet the requirements of the global aerospace and defense industry. These solutions enable digital automation of product development and program management processes, as well as complete visibility and control over program information for secure, collaborative product development. PTC is an industry leader with all of the top 20 A&D companies as customers.