Case Studies

Huangpu Shipyard Standardizes on PTC CADDS 5i

PTC and Guangzhou-based CSSC Guangzhou Huangpu Shipbuilding Co. Ltd jointly announced today that Huangpu Shipbuilding has expanded its use of PTC Shipbuilding Solution, which includes CADDS® 5i to improve its overall design capabilities.

NEEDHAM, Massachusetts, November 30, 2005 - PTC (Nasdaq: PMTC), the Product Development Company?, and Guangzhou-based CSSC Guangzhou Huangpu Shipbuilding Co. Ltd (Huangpu Shipbuilding in short), jointly announced today that Huangpu Shipbuilding has expanded its use of PTC Shipbuilding Solution, which includes CADDS? 5i to improve its overall design capabilities. With the expanded software implementation, Huangpu Shipbuilding is standardizing on PTC Shipbuilding Solution as its manufacturing design platform. Huangpu Shipbuilding believes that this decision will further accelerate its transformation into a modern international shipbuilding enterprise.

As one of the most technologically advanced companies in China’s highly competitive shipbuilding industry, Huangpu Shipbuilding’s relationship with PTC dates back to 1999. At that time, Huangpu Shipbuilding became the first shipyard in southern China’s Guangdong province to purchase PTC CADDS 5i. Huangpu Shipbuilding has relied on PTC CADDS 5i since that time to facilitate its ongoing expansion and modernization.

The suite of CADDS 5i solutions enables users to reference each other’s evolving designs and facilitate concurrent engineering in a fully digitized ship design and 3D modeling environment. This sophisticated enterprise application for shipbuilding will shorten product design lead-time and accelerate time-to-market. With its new deployment of CADDS 5i Huangpu Shipbuilding is expected to bring additional revolutionary changes in digitization at its shipyard. CADDS 5i will now be used by 80 additional engineers at Huangpu Shipbuilding.

As in any industrial sector, innovation is key to realizing opportunities and market growth. However, the shipbuilding sector is often marked by lengthy product development cycles, due largely to archaic manual design processes that are still in place. Huangpu Shipbuilding led the industry in adopting CADDS 5i, which offers flexible 3D hybrid modeling and 2D drafting capabilities across a broad application range, easing engineers’ workload, and freeing up their time to develop more innovative products.

“The implementation of CADDS 5i will significantly enhance our R&D capabilities,” said Guo Yabin, Deputy General Manager, Huangpu Shipbuilding. “We are extremely pleased to have PTC as a long-term strategic partner and believe this relationship will help us become a model enterprise in the shipyard industry.”

“Huangpu Shipbuilding’s standardization on PTC CADDS 5i is the result of PTC’s continued commitment to provide advanced products and implementation assistance in the global shipbuilding industry,” says Berry Gibson, director aerospace and defense market strategy, PTC. “We are excited about our role in helping Huangpu Shipbuilding become one of the most technologically sophisticated international ship builders. We look forward to the continuation of our successful relationship as we begin to provide a complete product development system that supports data and process management.”

About CSSC Guangzhou Huangpu Shipbuilding Company Limited

CSSC Guangzhou Huangpu Shipbuilding Co., Ltd. is a large-scale solely state-owned subsidiary under the China State Shipbuilding Corporation (CSSC). Established on March 1, 1851, the company’s special vessels main production base is located in South China. Other main products include various combat vessels, cargo vessels, public vessels, working vessels, engineering vessels, aluminum high-speed vessels, offshore engineering, and steel structure engineering for large-scale port machinery, bridges and high-rise buildings, etc.

About PTC Solutions for Aerospace and Defense

PTC provides product lifecycle management solutions designed to meet the requirements of the global aerospace and defense industry. These solutions enable digital automation of product development and program management processes, as well as complete visibility and control over program information for secure, collaborative product development. PTC is an industry leader with 18 of the top 20 A&D companies as customers.

About PTC

PTC (Nasdaq: PMTC) provides leading product lifecycle management (PLM), content management and dynamic publishing solutions to more than 40,000 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 500 and Russell 2000 indices. For more information on PTC, please visit http://www.ptc.com.

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