CIMdata PLM Industry Summary Online Archive

May 20, 2008

Company News

PTC Appoints Software Industry Veteran, James Heppelmann, to PTC’s Board of Directors

PTC, The Product Development Company®, today announced the appointment of James Heppelmann to its Board of Directors. In addition to this appointment, Mr. Heppelmann remains as PTC’s executive vice president, software products and chief product officer. The appointment of Mr. Heppelmann expands PTC’s board to seven members.

In his current management position, Mr. Heppelmann is responsible for PTC’s overall product direction, development, and marketing. Mr. Heppelmann has worked in the software industry since 1985 and has extensive experience developing and deploying large-scale product development systems within the manufacturing marketplace. Prior to joining PTC, Mr. Heppelmann was founder and chief technical officer of Windchill Technology, a Minnesota-based company acquired by PTC in 1998. Before founding Windchill Technology, Mr. Heppelmann served as chief technical officer at Metaphase Technology, Inc.

Heppelmann brings a valuable combination of business strategy, market knowledge, and software product development experience to PTC’s board. As the driving force behind Windchill®, now one of PTC’s most successful product offerings, Mr. Heppelmann understands the challenges of creating, and commercializing, enterprise software solutions. Mr. Heppelmann’s broad industry knowledge enables him to provide critical input to PTC’s long term business strategy.

“Jim is a seasoned executive whose broad technical and management expertise will further strengthen the board,” said Noel G. Posternak, chairman of the Board of Directors, PTC. “He understands the challenges and opportunities facing PTC customers and has demonstrated his ability to translate that understanding into a product strategy that addresses their needs.”

About PTC

PTC (Nasdaq: PMTC) provides leading product lifecycle management (PLM), content management and dynamic publishing solutions to more than 50,000 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.

 

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