PTC to Speak at the Goldman Sachs Software & IT Services Retreat on November 5, 2008

NEEDHAM, Mass — PTC (Nasdaq: PMTC), The Product Development Company®, today announced that management will speak at the Goldman Sachs Software & IT Services Retreat 2008 Investor Conference on Wednesday, November 5, 2008, at 11:30am (ET).

What: PTC to present at Goldman Sachs Software & IT Services Retreat 2008

When: Wednesday, November 5, 2008, at 11:30am (ET)

Where:

http://cc.talkpoint.com/GOLD006/110308a_mg/?entity=parametric

Replay: The presentation will be archived for public replay until November 10, 2008 at www.ptc.com/for/investors.htm.

The presentation will include management’s discussion of PTC’s business and outlook, which may include material projections and other forward-looking statements regarding PTC’s anticipated financial results and growth, as well as the development of PTC’s products and markets and other future events. Please note that statements made in the presentation are as of the date of the presentation and PTC does not assume any obligation to update any statements made or the archived presentation. In addition, any forward-looking statements about PTC’s anticipated financial results and growth, as well as about the development of products and markets, are based on current plans and assumptions. Actual results in future periods may differ materially from current expectations due to a number of risks and uncertainties, including those described from time to time in reports filed by PTC with the U.S. Securities and Exchange Commission, including PTC’s most recent reports on Forms 10-Q and 10-K.

About PTC

PTC (Nasdaq: PMTC - News) provides leading product lifecycle management (PLM), content management and dynamic publishing solutions to more than 40,000 companies worldwide. PTC customers include the world's most innovative companies in manufacturing, publishing, services, government and life sciences industries. PTC is included in the S&P Midcap 400 and Russell 2000 indices. For more information on PTC, please visit http://www.ptc.com.