Farnborough, February 4, 2010 – PTC® (Nasdaq: PMTC), the Product Development Company®, today reported significant growth in the UK SMB sector despite the global economic downturn. PTC recorded total revenue of $258 million for its first fiscal quarter ended December 31,2009, up 8% year on year for total revenue, with license revenue up 48%. In the UK region specifically, sales from PTC’s reseller channel grew 18% for total revenue year on year, with a notable 52% increase year on year with Windchill® products
Source: www.PTC.com