Parametric Technology Corporation engages in the development, marketing, and support of product lifecycle management software solutions and related services for companies worldwide to develop physical and information products. The company’s principal desktop solutions include Pro/ENGINEER, a family of three-dimensional product design solution based on a parametric, feature-based solid modeler that enables changes made during the design process to be associatively updated throughout the design; Mathcad, an engineering calculation software solution that combines a computational engine, accessed through math notation, with a word processor and graphing tools; Arbortext Editor, an XML-based authoring tool used to create dynamic content for multiple output types; and Arbortext IsoDraw, a technical illustration solution that enables companies to create both 2D and 3D technical illustrations and animations from existing CAD data. It also offers enterprise solutions, such as Windchill, a family of Internet-based content and process management solutions for managing data/relationships, processes, and publications; Arbortext enterprise offerings, which manage information assets and streamline document and publishing processes; and ProductView solutions that enable enterprise-wide visualization, verification, annotation, and automated comparison of various product development data formats comprising MCAD, ECAD, and documents. In addition, the company provides maintenance support plans for its software products and self-service support tools that allow its customers access to technical support information, as well as offers consulting, implementation, and training services through its services organization, third-party resellers, and other strategic partners. It serves companies in various sectors, including life sciences, financial services, government, and publishing. The company was founded in 1985 and is headquartered in Needham, Massachusetts.