Rand Partnership with PTC

From: Yakov Horenstein (yakov@planet.it)
Date: Tue Jun 30 1998 - 16:04:40 EEST


     (RAND-TECHNOLOGIES)(RND.) Rand Technologies Announces Partnership for

               ModelCHECK With Parametric Technology Corporation

                           (Business Wire; 06/29/98)

    MISSISSAUGA, Ontario--(BUSINESS WIRE)--June 29, 1998--Rand A Technology
Corporation ("Rand") (TSE:RND.) a world leader in providing mechanical
design automation solutions, today announced a partnership with Parametric
Technology Corporation ("PTC") to market and support ModelCHECK(TM), a
software application developed by Rand. PTC will support RAND by continuing
to develop enhancements to its Toolkit products and making ModelCHECK
available to the PTC sales force for demonstration purposes.

"Many of our customers have defined rigorous modeling standards for their
Pro/ENGINEER(R) models and have been requesting an automated process for
checking their designs against these standards," says Jim Baum, Senior Vice
President of Research and Development for Parametric Technology. "Rand's
ModelCHECK product provides an opportunity to fulfill this need."

"Rand has been a partner of PTC for over 10 years and we are excited that
they support ModelCHECK and will assist our marketing efforts," said Dan
Smith, Executive Vice President, Technology, for Rand Technologies. "In
only nine months, ModelCHECK is already in use in over 220 companies. This
rapid acceptance and PTC's endorsement offer real value to Pro/ENGINEER
customers."

ModelCHECK allows companies to define their corporate modeling standards
for Pro/ENGINEER solid models and drawings and then automatically check
every model against these standards. Companies today are using Pro/ENGINEER
solid models in many downstream applications such as analysis,
manufacturing and digital mockup, and they are re-using them in future
design efforts. Adherence to corporate modeling standards ensures that
these activities can be performed without costly remodeling time.

After checking a Pro/ENGINEER model or drawing, ModelCHECK grades the
model, creates an HTML report for the user to view in a WEB browser and
allows the user to automatically fix the model from the browser. Detailed
information is included for each check to instruct the user on why the
standard is important. ModelCHECK can also link to in-house developed
standards documents on a company's Intranet and can also be integrated with
Pro/INTRALINK to control the submission and release of Pro/ENGINEER models.

ModelCHECK is currently available in five languages and runs on all major
UNIX platforms as well as Intel and Alpha NT. It is offered with both a
locked and floating license manager. It currently runs with both versions
18 and 19 of Pro/ENGINEER and will be released concurrently with version
20.

Parametric Technology Corporation (PTC) develops, markets, and supports the
most comprehensive suite of product development and information management
solutions available today. PTC's Solutions empower companies, across
industry lines, to gain a strategic competitive advantage by streamlining
engineering processes, improving product quality, optimizing product
information management, and reducing product development costs and
time-to-market cycles. Worldwide, over 20,000 PTC customers leverage this
unmatched range of end-to- end product development solutions and worldwide
support services to maximize their competitive advantage.
http://www.ptc.com

Rand Technologies is the world's largest reseller of mechanical design
automation tools. The Company provides computer aided design,
manufacturing, engineering, and product data management (CAD/CAM/CAE/PDM)
solutions to manufacturers of mechanical products. These tools help our
clients to become more competitive and profitable through reducing new
product development costs and accelerating the time to bring new products
to market. In addition to CAD/CAM/CAE automation tools, the Company also
offers product data management solutions, technical education and support,
hardware with network integration, and a comprehensive list of engineering
related solutions. Rand offers companies in every industry the advantage of
purchasing a total solution thereby "Engineering Profitability." The
Company employs over 800 individuals in more than 75 sales and client
service centers throughout North America, Europe and Asia Pacific. Rand
Technologies' corporate head office is located in Mississauga, Canada.
http://www.rand.com.

Rand A Corporation, Rand and ModelCHECK are registered trademarks of Rand A
Technology Corporation in Canada, the United States and in other countries.
All other companies and products referenced herein have trademarks or
registered trademarks of their respective holders.

--30--cdt/clv*

CONTACT: Rand Technologies
Dan Smith, 905/625-2000
E-mail: dsmith@rand.com

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