Arlington, Texas, July 30, 2001 - ASPire3D, the Internet portal featuring the world's first automated 2D to 3D conversion ASP, announced today that it has joined PTC's (Nasdaq:PMTC) Enterprise Software Partner Program. ASPire3D chose PTC's MCAD solutions due to their product breadth, depth and scalability. ASPire3D's proposed offering will provide customers with an option to convert their legacy 2D drawings automatically to parametric 3D models over the Internet. This new service, currently scheduled for released on October 1, 2001, will be available to Pro/ENGINEER® users on the ASPire3D portal (www.aspire3d.com).

Nick Maly, ESP program manager said, "We have been impressed by ASPire3D's growth in the ASP industry and their unique conversion service. With this relationship, ASPire3D can offer these cost effective conversion solutions to our Pro/ENGINEER customers and help them bring superior products to market faster."

Dr. Raj Ganesan, vice president of marketing for ASPire3D said, "PTC has a huge installed base of 3D CAD users and many of these customers have requested us to support Pro/ENGINEER as one of the output formats. With this partnership, we are now closer to a cost effective and easy solution for our customers."

About ASPire3D

ASPire3D is an ASP portal from Imagecom, Inc., a privately held company located at Arlington, Texas. Imagecom is an e-business Application Service Provider of automated representation conversion software products and services. 2Dto3DCAD.com is powered by Imagecom's premier FlexiDesign technology and is featured on ASPire3D. For more information contact Imagecom at (817) 299-5400 or visit their website at http://www.ASPire3D.com or http://www.aspire3d.com.

About PTC

PTC (Nasdaq: PMTC) develops, markets, and supports software solutions and services that help manufacturers get superior products to market before their competitors. http://www.ptc.com

Matters discussed in this news release may constitute forward-looking statements that involve risks and uncertainties that could cause actual results to differ materially from those projected. These include the ability of PTC's and ASPire3D to anticipate and adequately respond to evolving customer requirements and to successfully develop, integrate and support their respective technologies to deliver products and services that meet those requirements, together with those detailed in reports filed by PTC with the Securities and Exchange Commission, including PTC's most recent reports on Form 10-K and 10-Q.

PTC and Pro/ENGINEER are registered trademarks of Parametric Technology Corporation.