PTC Named a Top Place to Work for Third Consecutive Year

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PTC (NASDAQ: PTC) today announced that The Boston Globe named the company to its annual Top Places to Work in Massachusetts list for the third consecutive year. Onshape, developer of the Onshape Software as a Service (SaaS) product development platform, which was acquired by PTC in early November 2019, also made its debut on the list.

The Top Places to Work list recognizes the most admired workplaces in the state, as voted on by the people who know them besttheir employees. The survey measures employees opinions about their respective companys direction, execution, connection, management, work, pay and benefits, and engagement. Companies are placed into one of four groups, based on their number of employees in Massachusetts: Small, for employers with 50 to 99 employees; Medium, for 100 to 249; Large, for 250 to 999; and Largest, for companies with 1,000 or more employees based in Massachusetts. In its inaugural appearance this year, Onshape ranks #5 in the Small category.

We are immensely pleased to receive this honor again from The Boston Globe, said Jim Heppelmann, president and CEO, PTC. It has been a monumental year for the PTC team, with major milestones including the relocation of our global headquarters to Bostons Seaport Innovation District and our welcoming of fellow ˜Top Places to Work company Onshape to the PTC team. Our culture drives our innovation and employee life, and I am confident that with such a strong, talented, and engaged team, we will not only continue to develop industry-changing technologies but will do so as an organization that champions employee life.

For over 30 years, PTC has enabled customers to stay ahead of the competition, and continues that tradition today with a portfolio of award-winning computer-aided design, product lifecycle management, industrial internet of things, and augmented reality technologies. As a digital transformation technology leader, PTCs vision and portfolio are aligned on the same core belief: opportunities for industrial innovation live at the convergence of the physical and digital worlds.

PTCs benefits offerings help employees thrive, both during and away from work, with a holistic program designed to support professional and personal growth opportunities. The company prides itself on searching for new thinkers that display both brains and passion, with employees at every level receiving encouragement and recognition for taking a fresh look at the work they do daily. As a key part of driving that innovation, PTC maintains and champions inclusion and diversity initiatives designed to build a work environment where all employees feel the freedom to come to work as their true authentic selves. PTC is proudly committed to increasing diversity across the company globally and contributing to diversity in technology, thereby enabling better service for employees, customers, and the communities in which we serve. To view current open positions, please visit: https://www.ptc.com/en/careers.

The rankings in Top Places to Work are based on confidential survey information collected by Energage (formerly WorkplaceDynamics), an independent company specializing in employee engagement and retention, from nearly 66,000 individuals at 323 organizations in Massachusetts. The winners share a few key traits, including offering progressive benefits and giving their employees a voice, all while encouraging them to have some fun in the process.

Top Places to Work online extras include sortable rankings and photo galleries. All can be found at Globe.com/TopPlaces. Readers can follow the news on Twitter at #workboston.

Additional Resources

About PTC (NASDAQ: PTC) PTC unleashes industrial innovation with award-winning, market-proven solutions that enable companies to differentiate their products and services, improve operational excellence, and increase workforce productivity. With PTC, and its partner ecosystem, manufacturers can capitalize on the promise of todays new technology to drive digital transformation.

PTC.com @PTC Blogs

About Onshape Onshape is a next-generation SaaS design platform that speeds up product development. Its an all-in-one system that combines CAD, release management, workflow, collaboration, analytics, admin tools, and an API with more than 50 engineering applications. Onshape helps extended design teams work together faster and helps executives make better business decisions with real-time analytics and unprecedented visibility into their companys design and manufacturing processes.

Founded in 2012, Onshape was acquired by PTC in November 2019 and will operate as a SaaS business unit within the company. For more information, visit https://onshape.com/press-room.

PTC, Onshape, and the PTC logo are trademarks or registered trademarks of PTC Inc. and/or its subsidiaries in the United States and other countries.

PTC

Corporate Communications

Jack McAvoy

[email protected]