PTC
(Nasdaq: PMTC) will change its NASDAQ ticker symbol to “PTC” – effective
at the start of trading on December 3, 2013.
In January, the company changed its legal name from Parametric
Technology Corporation to PTC Inc. The legal name and ticker symbol
changes reflect the company’s expanded technology portfolio, market
scope, and corporate vision.
“The global manufacturing industry is in the midst of a significant
transformation,” said Jim Heppelmann, president and CEO of PTC. “To help
our customers address the challenges presented by such change, PTC has
been strategically expanding its own technology solution portfolio. By
updating our stock ticker, we are taking the final step in aligning this
public symbol of our company with the reality of what PTC is today."
As of December 3, all stock trading, filings and market related
information will be reported under the new symbol “PTC.”
Additional Resources
About PTC
PTC enables manufacturers to achieve sustained
product and service advantage. The company's technology solutions
transform the way products are created and serviced across the entire
product lifecycle – from conception and design to sourcing and service.
Founded in 1985, PTC employs more than 6,000 professionals serving more
than 27,000 businesses in rapidly-evolving, globally distributed
manufacturing industries worldwide. Get more information at www.ptc.com.
PTC and the PTC logo are trademarks or registered trademarks of PTC
Inc. or its subsidiaries in the United States and in other countries.
Copyright Business Wire 2013