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PTC Appoints Robert P. Schechter to its Board of Directors - PTC® (Nasdaq: PMTC), The Product Development Company®, today announced the appointment of Robert P. Schechter to its Board of Directors
PTC Appoints Robert P. Schechter to its Board of Directors

 

PRZOOM - /newswire/ - Needham, MA, United States, 2009/09/17 - PTC® (Nasdaq: PMTC), The Product Development Company®, today announced the appointment of Robert P. Schechter to its Board of Directors. NASDAQ: PMTC

   
 
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"Bob brings a valuable combination of business strategy, technology and financial acumen to PTC's board," said C. Richard Harrison, chairman and chief executive officer, PTC. "We look forward to benefiting from Bob's tremendous board experience and business insight as we focus on profitable growth and delivering shareholder value."

Most recently, Mr. Schechter served as chairman and chief executive officer at NMS Communications (now known as LiveWire Mobile), serving as chief executive officer from 1995 to 2008. Prior to NMS Communications, Mr. Schechter held positions of chief financial officer and senior vice president at Lotus Development Corporation and was responsible for all sales, marketing, customer service and product development activities outside of North America, as well as Lotus global consulting services. Previously, Mr. Schechter was a Partner at Coopers & Lybrand LLP and served as Chairman of the North East Region High Tech Practice.

Mr. Schechter currently serves on the Board of Unica Corporation. Mr. Schechter's previous board positions include LiveWire Mobile Inc., Moldflow Corporation, MapInfo Corporation, Infinium Software and Soapstone Networks.

Mr. Schechter commented, "It is an exciting time for me to join an organization that has been recognized as a thought leader in the product development space for more than two decades. PTC is well positioned to continue to extend its technology leadership position and I look forward to contributing to this strategy."

About PTC
PTC (Nasdaq: PMTC) provides discrete manufacturers with software and services to meet the globalization, time-to-market and operational efficiency objectives of product development. Using the company's CAD and content and process management solutions, organizations in the Industrial, High-Tech, Aerospace and Defense, Automotive, Consumer and Medical industries are able to support key business objectives and create innovative products that meet customer needs and comply with industry regulations. For more information on PTC, please visit ptc.com/.

 
 
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Agency / Source: Parametric Technology Corporation (PTC)

 
 

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PTC Appoints Robert P. Schechter to its Board of Directors

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IMPORTANT INFORMATION: Issuance, publication or distribution of this press release in certain jurisdictions could be subject to restrictions. The recipient of this press release is responsible for using this press release and the information herein in accordance with the applicable rules and regulations in the particular jurisdiction. This press release does not constitute an offer or an offering to acquire or subscribe for any Parametric Technology Corporation (PTC) securities in any jurisdiction including any other companies listed or named in this release.

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