NEEDHAM, MA, Nov 30 - 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."
About PTC
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."
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. For more information, visit www.ptc.com.
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