MA-PTC

PTC (NASDAQ: PTC) is offering its Onshape^® product development software free of charge to high school and college students around the world amid school closures caused by the COVID-19 crisis.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20200324005727/en/

Many teachers and parents today are turning to remote learning in an effort to reduce the academic disruption, especially in subject areas such as science, technology, engineering, and math (STEM). With the new offering from PTC, teachers and students can access this computer-aided design (CAD) Software-as-a-Service (SaaS) technology over the Internet to collaborate on design and other engineering projects.

“This is an unprecedented time, and we hope to do our part in helping the many teachers and parents looking for resources to continue STEM learning during this crisis,” said Jim Heppelmann, president and CEO, PTC. “Similar to using programs like Google Docs for their English classes, students at home will be able to collaborate as they simultaneously create and edit designs. With this Onshape offering, students can discover or continue their interest in STEM with a solution that can be used to create cars, furniture, laptops, and more.”

Onshape is a SaaS product development platform that is used worldwide by thousands of professional and aspiring designers and engineers, and is accessible from a wide range of devices, including Chromebooks, MacBooks, smartphones, and tablets. As a pure SaaS platform, there is no software installation required and no IT infrastructure to administer and maintain, allowing students to get started easily and quickly in order to collaborate, innovate, and have fun.

To create your free Onshape account, visit here .

About PTC (NASDAQ: PTC)

PTC enables global manufacturers to realize double-digit impact with software that accelerates product and service innovation, improves operational efficiency, and increases workforce productivity. In combination with an extensive partner network, PTC provides customers flexibility in how its technology can be deployed to drive digital transformation – on premises, in the cloud, or via its pure SaaS platform. At PTC, we don’t just imagine a better world, we enable it.

PTC.com @PTC Blogs

PTC, Onshape, 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/20200324005727/en/

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